China maintains galloping pace of growth in payment card issuance, acceptance

October 19, 2016

China today is home to 43 percent of the world's payment cards and 29 percent of its EFTPOS terminals, making it the largest market for card issuing and…

[WEBINAR] Deep insert skimming: Breaking news on attacks and defense

Join industry experts to discover more about deep insert skimming and the critical importance of active protection.

Streamlined EMV certification solution from FIS gets nod from major card brands

September 27, 2016

FIS, a provider of financial services technology, recently announced that the company has received accreditation from Discover, MasterCard and Visa for a…

Discover tops Mastercard, Visa as planet's most-accepted payment card

September 26, 2016

The number of card-accepting merchant locations worldwide grew 15 percent in 2015 to 54 million, research and consulting firm RBR says in a new report.

Payment cards worldwide will total 22B by 2020, Nilson Report says

September 26, 2016

Credit, debit and prepaid cards in circulation worldwide totaled more than 18.08 billion at the end of 2015, an increase of 5.8 percent over 2014, according to…

Test automation, reliability enhanced in KaNest-ICC tools

September 23, 2016

Visa has confirmed the latest versions of Galitt card test suites KaNest-ICC VIS and KaNest-ICC VCPS for contact and contactless cards, respectively, according…

Illinois CUSO pledges $500K in EMV assistance to member CUs

September 22, 2016

LSC, a Naperville, Illinois-based credit union service organization, has announced a plan to its 300 debit card member credit unions help cover the cost of the…

Study predicts major rise in card payments by 2021

September 19, 2016

Last year, the number of card transactions grew nearly twice as fast as the number of new cards, at 15 and 9 percent, respectively, according to the new study…

Non-EMV merchants see 77 percent rise in fraud cost, study says

September 12, 2016

MasterCard has published data updating its progress on chip implementation in the U.S. and its impact on issuers, merchants and consumers.

Norway's domestic card scheme OKs new UL test tool module

August 29, 2016

The UL Brand Test Tool has been expanded with the addition of a module for BankAxept, Norway's domestic card scheme.

OT wins Discover certification for dual interface EMV chip cards

August 24, 2016

Oberthur Technologies, a provider of embedded security software products and services, has announced that its dual EMV payment cards have been certified by…

UnionPay makes new inroads in North America market

August 18, 2016

China UnionPay continues to gain ground outside of its home country; the company announced this week that its mobile QuickPass solution is now accepted in…

ICC to develop ATM, POS test tool for Norwegian card scheme

August 16, 2016

BankAxept, the Norwegian bank-owned domestic card scheme, has tapped U.K.-based test tool provider ICC Solutions Ltd. to develop its POS and ATM terminal test…

Which nation ranks No. 1 in card fraud? (Hint: It's not the US)

August 10, 2016

A recent Aite Group study indicates that Mexico has become the top spot for card fraud with even greater numbers of victims there than in the United States…

PSCU to launch Masterpass, Microsoft Wallet services

August 5, 2016

PSCU, a credit union service association, is launching Masterpass by MasterCard and Microsoft Wallet by the end of August.

Card fraud dips, chip use rises, MasterCard says

August 4, 2016

Counterfeit card fraud is down by 60 percent at MasterCard’s highest-ranked EMV-enabled U.S. merchants, according to a company press release, which said the…

Consumers are spending less, Bank of America finds

August 2, 2016

Bank of America looked at over 40 million active credit and debit card accounts in its system in June and found some surprising statistics. It seems that…

Union Pay bumps Visa to No. 2 spot in global payments value

July 28, 2016

According to a new report from RBR, "Global Payment Cards Data and Forecasts to 2021," China's UnionPay is now the largest scheme in terms of value of card…

MasterCard to acquire parent company of Link ATM network

July 21, 2016

MasterCard Inc. today announced that it has entered into a definitive agreement to acquire 92.4 percent of VocaLink Holdings Ltd. for approximately $92…

Visa Inc. acquisition of Visa Europe a done deal

June 30, 2016

Visa Inc. has closed on its acquisition of Visa Europe Ltd. after some tweaking of terms that might have delayed the transaction until the third quarter…