MasterCard Survey: European Consumers Say No to Cash for Holiday Spend (June 24, 2013)

  Click here for larger PDF version.   June 24, 2013 More Europeans are pulling out cards instead of cash while on holiday, according to new research from MasterCard. The online survey  of 3,310 consumers in eight countries—Spain, Italy, Germany, Sweden, U.K., France, Poland and Ukraine—found that consumers prefer having their debit or credit cards on hand […]

Unlocking the mobile wallet

Speakers at the Digital Services Conference hosted by Informa in London on Tuesday expressed frustration at the lack of progress made by mobile wallets in the UK and called for more innovative solutions to bypass the impasse.

Industry Views: Card Manufacturers Talk EMV (June 2013)

Although the network EMV liability shift is about two years out, card manufacturers already are consulting with their U.S. issuing clients to help them make decisions now about how they will approach the transition to EMV. First and foremost is the decision on when to begin, then which cards in their portfolio should have priority. […]

2013 Paybefore Awards Europe: Most Innovative Prepaid Solution (June 2013)

Most innovative network branded, closed-loop or RAN prepaid or emerging payments program. Best in Category: Bratislava City Card First-to-market integrated prepaid solution loaded with municipal and commercial advantages for residents that includes open- and closed-loop applications. First Data   Slovakia’s capital of Bratislava pulled off a great technological leap forward with the introduction of a […]

Apple Airdrops More Clues about Its Payments Aspirations (June 2013)

By Bill Grabarek, Senior Editor  Reading between the lines of announcements from Apple Inc. to anticipate the technology titan’s next moves not only keeps analysts busy and consumers guessing, it has spawned entire Websites devoted to scrutinizing everything the company says and does. This isn’t to imply Apple doesn’t excel at effective self-promotion, but the company […]

Shared UK payments infrastructure faces uphill struggle

Financial services observers have expressed support for the UK Payments Council’s new roadmap – but serious concerns remain about the viability of the proposals, which are backed by the UK government as part of a drive to improve services for consumers.

2013 Paybefore Awards Europe: Outstanding Mobile Wallet or App (June 2013)

The in-market mobile wallet or mobile application that (1) provides end users with value-added features and/or enhances payment capabilities, user decision-making or loyalty, and (2) provides retailers with a strong value proposition. Best in Category: O2 Wallet Open to customers of any bank or MNO who want to shop, send money, compare prices and receive […]

Company on the Move: Banking Up, formerly Plastyc (June 2013)

Plastyc Inc., a New York City-based prepaid debit card provider, recently announced it is doing business as Banking Up. The name change was in conjunction with the launch of Banking Up, a personal finance platform enabling banks and businesses to provide customers with an alternative to traditional checking accounts. Plastyc, which announced last year that […]

2013 Paybefore Awards Europe: Best Consumer Value in Prepaid/Emerging Payments (June 2013)

The prepaid or emerging payments program or product that delivers the best consumer value proposition for the combination of features, functionality, service and price. Best-in-Category: paysafecard paysafecard, an e-voucher with 16-digit PIN, is sold in 450,000 retail locations, bringing e-commerce to cash customers in 29 European countries at no cost to the customer.  paysafecard group […]