Karnataka Bank Limited, a major, privately owned bank based in southwestern India, will expand 24×7 transaction banking access to its customers with its new “e-lobby” services, supported through a multi-year

Leading global payments processor Global Processing Services (GPS) today announced that Suresh Vaghjiani will be joining their Senior Management team as Executive Vice President of Card Services.  Suresh commented, “We

Ahead of the full roll out, attendees of the Prepaid Summit in Dubai were given an early preview and demonstration of the new ‘DubaiCard’ which is due to launch in

Thames Card Technology, one of the UK’s largest plastic card manufacturers, announced it had achieved its 2014 business goals – investing in new state of the art card manufacturing and

In June this year, VocaLink will celebrate 30 years of LINK processing, which currently supports over 69,000 ATMs, connected to domestic, European and international card issuers. Read more here.

The opportunity to expand payment and mobile services to customers and gain access to leading-edge payments technology led Alaska USA Federal Credit Union to select FIS as its partner for several

PCT are delighted to announce our partnership with our client ACE-FX on the ACE-FX Prepaid Currency MasterCard®, issued via our partner Wirecard Card Solutions Ltd; now available within ACE-FX currency

Contactless card payments are soon to be enabled on Vodafone Wallet with Visa and Carta Worldwide. From the second quarter of 2015 onwards, Vodafone customers will be able to add bank

Rod Katzfey, VP of Business Development North America, at Credorax, shared his views on how to increase revenue via international ecommerce in Multichannel Merchant. Read the article here. .

Discover has announced an agreement with Apple that will allow Discover card members in the US to make contactless payments in participating stores through Apple Pay, the easy, secure and private

Mobile payments through smartphones and other devices are expected to multiply 10 times over this year, and Carta Worldwide is poised to tap into the trend. The Business News interviewed

Global Processing Services (GPS) has appointed former Head of Issuing at Optimal Payments PLC to join its Senior Executive team.  The Payments Association advisory board member Suresh Vaghjiani is appointed Executive Vice

Realex Payments, one of Europe’s largest and fastest growing payment gateways, has been acquired by Global Payments, a leading worldwide provider of payment technology services. Read more here.

CAIXA, MasterCard and TIM have launched a prepaid mobile money account in Brazil that will enable the over one million TIM subscribers to pay bills, transfer money and top up phones using their

Optimal Payments has integrated Jumio’s Netverify® online and mobile ID document authentication service into its NETELLER® stored value service. Jumio’s real-time ID document authentication has reduced NETELLER’s account verification process from

Sodexo Benefits and Rewards Services has launched a new multi-choice gift card, Simply Gift, providing employers with an option for no-hassle rewarding that can be easily deployed and communicated to staff. Read

Optal Financial Limited, formerly known as PSP International,  has announced it is now the primary issuer of eNett Virtual Account Numbers (VANs) globally. Read more here.

Leading women’s fashion accessories retailer Charming Charlie recently expanded its relationship with Stored Value Solutions (SVS) to offer a digital gift card platform that will help fuel the company’s continuous,

As the leading US issuer of prepaid cards, The Bancorp is uniquely qualified to provide the Consumer Fraud Protection Bureau (CFPB) with a comprehensive explanation of the impact of the

ValidSoft has announced the signing of a large new commercial customer contract for its newly enhanced User Authentication platform featuring its Voice Biometrics technology with a large US-based corporation. Download

Check out Valitor’s new organizational chart, which aims to strengthen and consolidate activities within Valitor and its subsidiaries in the UK and Denmark, as well as improve group synergy, enabling

Citi is to launch a banking app designed for Apple Watch™ when Apple brings the device to market in the US on April 24, 2015. Among the first banking apps

Carta Worldwide has announced Cloud Suite 1.0 for mobile payments, the world’s only full-service cloud-based payments and tokenization solution for Banks and Wallet Service Providers. Its Platform-as-a-Service (PaaS) now offers

Cubits are now partnering with BetVIP, one of the world’s largest Bitcoin-supported Sportsbook and Casino, using its merchant platform Cubits Pay to provide BetVIP with the high-volume application and flexible API

Anti-money laundering (AML) expert Callcredit has been selected by Smart Pension, a new auto enrolment firm, to perform AML checks on small companies automatically enrolling their employees for a workplace pension.  Callcredit’s CallValidate tool

Furthering its efforts to enable financial institutions to be client champions, FIS is launching a full-service, end-to-end social media solution for financial institutions. FIS Social Media helps financial institutions follow FFIEC risk

First Data Corporation and Capgemini have formed a global alliance to develop next generation payment technology software using First Data’s VisionPLUS® and AccessPLUS solutions. Read more here.

Limonetik’s most recent newsletter includes Gartner research, “Hype Cycle for Payment Innovations, 2014”. Read more here.

The Government of Egypt, represented by the Ministry of Communications and Information Technology, and MasterCard are collaborating with the aim of extending financial services to 54 million Egyptians. MasterCard will work with the

Jumio has announced that P2P lending specialist Landbay has implemented Jumio’s Netverify® to authenticate lenders’ identities, to comply with anti-money-laundering regulations and improve their clients’ user experience. The multi-year deal will

Leading foreign exchange provider Travelex has partnered with Tuxedo Money Solutions on its planned Visa branded Supercard, a new way for UK travellers to avoid debit and credit card roaming fees

Optimal Payments Plc has entered into an agreement to acquire Skrill Group from CVC Funds and other shareholders, for an enterprise value of approximately €1.1 billion (US$[1.2] billion). Read more

Sodexo Benefits and Rewards Services will be unveiling a new employee rewards portfolio at Motivate Europe Live in late April. This will include new positioning for its current reward portfolio, along

New research from Ukash reveals that 15% of traveller’s book getaways to cash in on good exchange rates, despite the fact that there’s no guarantee the rate will stay strong for

Thomson Reuters has launched new controls in its instant messaging service to improve the ease with which financial markets professionals can communicate with their counterparties whilst helping ensure the highest

Ray Brash, CEO at PrePay Solutions has commented on the Financial Inclusion Commission’s Report and the Commission’s views on prepaid cards. Read his comments here.

Visa Europe, together with a number of its member banks, will be demonstrating a range of live mobile payment apps from across Europe at Mobile World Congress, with services from

Robert Courtneidge of Locke Lord received the Best Payments Lawyer award at PayExpo

The UK Information Commissioner’s Office has approved First Data’s Processor Binding Corporate Rules (BCR) application, granting the company permission to manage customer data across borders.  First Data is now the first

Jumio has enhanced features to its proprietary ID card scanning service, Netverify. Netverify provides businesses utilizing mobile and online channels an accurate and efficient way to authenticate the identity credentials

Vidar Thorkelsson CEO of Valitor, recently discussed electronic payments, mobile payments, security and more with Icelandic newspaper Morgunblaðið. Read the interview (in English) here.

Suresh Vaghjiani, Director of Optimal Payments’ Card Services division, has been elected to the Advisory Board of the The Payments Association. The Payments Association is an organisation set up to

Limonetik has agreed a deal with Alipay, the leading Chinese payment processor, that will enable European merchants access to Chinese consumers via online payments. The deal enables Limonetik’s “one stop”

Tuxedo Money Solutions, the UK-based international payments technology firm, and Global Processing Services FZ LLC (GPS), the Dubai-based payment processor, have agreed to work to together to deliver a series

Visa Europe is planning to launch a tokenisation service customized for the needs of the European market from April 2015. Tokenisation technology will be at the heart of new mobile

MasterCard plans to invest more than $20 million in cybersecurity-related technology enhancements to deliver greater peace of mind for MasterCard cardholders, merchants and issuing banks.  MasterCard’s Safety Net to be