http://www.paymentscardsandmobile.com/Payments-Cards-Mobile-News/Card-Markets/index.php Payments Cards and Mobile authoritative editorial coverage and broadly-based circulation to all the major players in the payment cards and mobile industry. en-gb Copyright 2009, Payments Cards and Mobile 2009. kaye@paymentscm.com Sat, 04 Feb 2012 19:46:07 +0000 Sat, 04 Feb 2012 19:46:07 +0000 Card Markets In house http://www.paymentscardsandmobile.com/Payments-Cards-Mobile-News/Card-Markets/readnewsarticle.php?ID=1398 Banking software house Misys is to cut andpound;8 million from its operating costs over the next year after a 'challenging' first six months trading which saw a slowdown in sales in Western Europe. Mon, 30 Jan 2012 12:25:45 +0000 http://www.paymentscardsandmobile.com/Payments-Cards-Mobile-News/Card-Markets/readnewsarticle.php?ID=1395 As researched and reported in PCM's annual Payments Cards Yearbook - www.paymentcardyearbooks.com - with over 423 tables, charts and illustrations, the number of payment cards in western Europe increased to 884 million in 2010. Thu, 19 Jan 2012 18:24:24 +0000 http://www.paymentscardsandmobile.com/Payments-Cards-Mobile-News/Card-Markets/readnewsarticle.php?ID=1393 Following its decision last year to push the adoption of EMV in the United States, Visa has moved to clarify that this does not mean the introduction of chip and PIN cards. Tue, 17 Jan 2012 12:00:00 +0000 http://www.paymentscardsandmobile.com/Payments-Cards-Mobile-News/Card-Markets/readnewsarticle.php?ID=1391 Global spending on retail banking technology will increase by $3.6bn (3.2 per cent) in 2012, and will hit $135bn over the next five years, according to Ovum. Mon, 16 Jan 2012 12:01:10 +0000 http://www.paymentscardsandmobile.com/Payments-Cards-Mobile-News/Card-Markets/readnewsarticle.php?ID=1389 Experianandnbsp;and American Express announced a partnershipandnbsp;to offer international payment processing and foreign exchange services to Experians UK clients. The deal will make it easier and cheaper for businesses of all sizes to make and process overseas payments online. Mon, 16 Jan 2012 11:40:35 +0000 http://www.paymentscardsandmobile.com/Payments-Cards-Mobile-News/Card-Markets/readnewsarticle.php?ID=1385 he European Commission will next week present a paper outlining obstacles hindering further integration in the European market for card, Internet and mobile payments and how these could be resolved. Tue, 10 Jan 2012 16:23:09 +0000 http://www.paymentscardsandmobile.com/Payments-Cards-Mobile-News/Card-Markets/readnewsarticle.php?ID=1384 Gloomsters at analyst house Gartner have lowered their estimates for IT spending in 2012 and forecast that a third of EU banks will go under within the next two years. Fri, 06 Jan 2012 15:24:43 +0000 http://www.paymentscardsandmobile.com/Payments-Cards-Mobile-News/Card-Markets/readnewsarticle.php?ID=1383 The war of words between retailers and banks over Durbin interchange fee amendments in the US has stepped up a gear as the Electronic Payments Coalition releases research which indicates that a majority of merchants are pocketing savings from fee cuts rather than passing them on to customers as promised. Fri, 09 Dec 2011 10:31:07 +0000 http://www.paymentscardsandmobile.com/Payments-Cards-Mobile-News/Card-Markets/readnewsarticle.php?ID=1381 FICO today released data showing that most UK cardholders are paying less of their outstanding credit card balance than at any point in the last two years. The latest data from the FICOandreg; Benchmark Reporting Service showed that this decline in payment-to-balance ratios took place among classic card accounts established within the last five years.andnbsp; Classic cards exclude student cards, premium cards and cards issued in Ireland, which are all tracked separately. Thu, 24 Nov 2011 17:39:00 +0000 http://www.paymentscardsandmobile.com/Payments-Cards-Mobile-News/Card-Markets/readnewsarticle.php?ID=1380 US pre-paid card outfit Green Dot has been given the all clear by regulators to buy Bonneville, a small Utah-based bank. Thu, 24 Nov 2011 17:35:39 +0000 http://www.paymentscardsandmobile.com/Payments-Cards-Mobile-News/Card-Markets/readnewsarticle.php?ID=1379 US merchant lobby groups have filed a suit against the Federal Reserve over allegations that the US central bank caved in to bank demands to raise the cap on debit fees by including expenses that were not permissible under law. Wed, 23 Nov 2011 11:22:31 +0000 http://www.paymentscardsandmobile.com/Payments-Cards-Mobile-News/Card-Markets/readnewsarticle.php?ID=1378 UK banks are participating in a war games-style market exercise to test their responses to a concerted cyber attack and the threats posed to their business by traffic gridlock at the 2012 Olympics. Tue, 22 Nov 2011 16:53:06 +0000 http://www.paymentscardsandmobile.com/Payments-Cards-Mobile-News/Card-Markets/readnewsarticle.php?ID=1376 Has the word bank been so discredited that a new name needs to emerge? That's the question being asked by business mogul Richard Branson as he conducts a rebranding exercise for the prospective Virgin Money/Northern Rock banking business. Tue, 22 Nov 2011 15:49:57 +0000 http://www.paymentscardsandmobile.com/Payments-Cards-Mobile-News/Card-Markets/readnewsarticle.php?ID=1374 After forcing a humiliating climb-down on the abolition of cheques, UK politicians are now calling on the Payments Council to bring back the cheque guarantee scheme alongside proposals to tighten regulation of the bank-run body and interbank payments in general. Fri, 18 Nov 2011 16:42:29 +0000 http://www.paymentscardsandmobile.com/Payments-Cards-Mobile-News/Card-Markets/readnewsarticle.php?ID=1373 A survey conducted by global payments software provider Compass Plus at the international payment and digital security event CARTES has revealed that payment fraud and the rise of mobile will be the key industry challenges in 2012. The survey took in the views of more than fifty respondents from the payments ecosystem including financial institutions, mobile operators, payment processors, digital security providers and the media.andnbsp; Fri, 18 Nov 2011 16:39:07 +0000 http://www.paymentscardsandmobile.com/Payments-Cards-Mobile-News/Card-Markets/readnewsarticle.php?ID=1368 MasterCard Worldwide has today announced the findings of its Tech Nation poll, revealing how various European countries are leading the way with new payment technologies such as mobile and contactless. Thu, 17 Nov 2011 09:46:25 +0000 http://www.paymentscardsandmobile.com/Payments-Cards-Mobile-News/Card-Markets/readnewsarticle.php?ID=1367 Visa Europe has today taken a minority stake in leading customer insight group, Beyond Analysis. The investment will strengthen Visa Europes data analytics capabilities and forms part of its strategy to deliver increased value for consumers, retailers and banks through electronic payments. Thu, 17 Nov 2011 09:44:35 +0000 http://www.paymentscardsandmobile.com/Payments-Cards-Mobile-News/Card-Markets/readnewsarticle.php?ID=1366 The MULTOS Consortium, the industry body comprising companies from all sectors of the smart device industry, today announced that China UnionPay (UnionPay) has joined the group. Thu, 17 Nov 2011 09:42:52 +0000 http://www.paymentscardsandmobile.com/Payments-Cards-Mobile-News/Card-Markets/readnewsarticle.php?ID=1358 German banking technology vendor Wincor Nixdorf has decided not to offer a quantitative forecast for its 2011/2012 results, claiming the Eurozone sovereign debt crisis is making predictions pointless. Wed, 09 Nov 2011 12:12:42 +0000 http://www.paymentscardsandmobile.com/Payments-Cards-Mobile-News/Card-Markets/readnewsarticle.php?ID=1353 Visa and MasterCard will attempt to convince U.S. District Judge John Gleeson to dismiss multibillion-dollar litigation charging them with price-fixing because the suing retailers do not pay directly for the fees at issue. Wed, 09 Nov 2011 09:49:02 +0000