Banks also cite their own competing payment projects and past failed digital wallets as reasons to be sceptical of Libra
News payments
Facebook Set To Launch ‘GlobalCoin’ Virtual Currency Next Year
But the social network faces tight regulatory scrutiny over its poor track record on protecting users’ personal data
IT Life: Tim Thurman, Paysafe Group
Paysafe chief digital officer Tim Thurman talks about blockchain, the Internet of Things and why he loves cooking
PayPal’s TIO Networks Says Data Breach Impacts 1.6m Customers
PayPal only bought bill payment processor TIO Networks For £177m in July but has suspended operations
Mastercard Shows Off Credit Card With Built In Fingerprint Sensor
The technology is being rolled out in South Africa with plans to come to Europe later this year
Visa Offers Amazon Business Purchase Data For UK Enterprise Customers
More visibility into purchases means easier reconciliation for business accountants
Visa Opens London Innovation Centre To Develop Payment Tech
Visa opens its largest innovation centre as the world of digital payments continues to grow
Virgin Money Giving Teams Up With WorldPay To Ease Donation Strain
The new donation site features faster checkouts and a more responsive customer experience
Alipay Partners With Barclays And Other EU Financial Firms To Boost European Push
The Chinese payments giant continues to look beyond China with its European expansion
Credit Cards Hacked In Six Seconds Using Distributed Technique
Visa’s online payment system fails to pick up on multiple invalid credit card attempts across multiple websites
Santander Signs Up Blockchain For Speedy International Payments
New blockchain-powered app will mean an end to lengthy waiting period to clear international payments
Why Do Some Payment Technologies Rise And Others Fall?
Barclaycard’s Nick Kerigan tells us what can payment companies can learn from tech providers
Oracle Signals Payments Move With £445m Textura Purchase
Deal will allow engineering and construction businesses to continue digital transformation, says Oracle
Japan Prepares ‘Pay By Fingerprint’ System
Japanese government launches biometric payment scheme to encourage tourists ahead of 2020 Olympic Games
Facebook Messenger ‘Plans’ In-Store Payments
Next evolution of Facebook Messenger looks to add direct payments and secret conversations
Microsoft Blocks Bitcoin Payments For Windows 10
Microsoft Store will no longer accept Bitcoin across Windows 10 or Windows 10 Mobile, Microsoft confirms
MoD Extends Capgemini Payments Contract Until December
Ministry of Defence wants another 12 months of Capgemini’s P2P cloud payment and procurement service
MWC 2016: MasterCard Customers Will Be Able To Pay With Selfies
Biometric authentication will be available to UK users this summer, MasterCard confirms
LG G Pay Could Unite All Your Payments On One Card
Upcoming LG G Pay system could include a universal credit card that links to digital wallet
O2 Travel Alerts Service Hopes To Stamp Out Holiday Card Fraud
O2 “World first” technology will mean you no longer have to inform your bank when you want to use your card abroad
Worldpay Offers Loans To UK Small Businesses
Payments firm looks to offer new affordable funding option to small businesses
All London Black Cabs Will Accept Cards From 2016
However minimum fares will rise by 20p in order to support new technology
Verifone Engage Will Transform Your Checkout Experience
Get ready for a more immersive checkout experience thanks to Verifone’s new POS system
Shoppers Could Soon Use Their Veins To Authenticate Payments
Fingopay from Visa Europe Collab uses finger vein pattern authentication technology to provide more secure authentication
Amazon Pulls Its Credit Card Reader
Register is the latest Amazon project on the scrapheap
Worldpay Wants To Use Your Face To Stop Card Fraud
Facial recognition technology in new ‘PED Cam’ set to be used to combat crime
Hilton Investigates Major Card Security Breach Claims
Hilton Worldwide said it is investigating claims that is the latest hotel chain to be affected by a credit card breach
HSBC Suffers IT Glitch On Pay Day
HSBC customers are struggling to get paid following unspecified IT error
Telefónica Mobile Alerts To Prevent Fraud And Blocked Cards Abroad
‘Travel Alerts’ service created with TeleSign lets users verify their location with their mobile, avoiding fraud and inconvenience of blocked card
Can One Atom Change The Banking Arena?
Nic Merriman from Avanade UK tells us why the latest entry to the UK banking scene could be a major catalyst for change