Author: webeditor
Tesco and Booker have asked the competition watchdog to “fast-track” its investigation into their £3.7 billion merger, confirming that the deal is expected to face an in-depth probe. The Competition and Markets Authority (CMA) had been expected to complete the... Read more
Author: webeditor
The Co-operative Bank is no longer up for sale as it closes in on agreeing a rescue package with existing investors which would put it on a secure financial footing. The lender, put up for sale in February, said it... Read more
Author: Matt Smith
Nearly nine in ten consumers would stop using digital payments if they suffered a cyber breach, according to a report. In a survey by Thales e-Security and Wakefield, 88 per cent of Americans said they would stop using the services... Read more
Author: webeditor
More than two in five Britons would be ready to ditch cash completely if card payments were accepted everywhere, a survey suggests. Some 44% of people surveyed for Mastercard claimed they would empty notes and coins out of their pockets... Read more
Author: webeditor
The Bank of England has launched a new plastic £5 note, featuring a portrait of Sir Winston Churchill on the reverse and extra security measures to help protect against counterfeits. The polymer banknotes are cleaner, more secure and more durable than... Read more
Author: Keil Hubert
I have a request: the next time you pay for something with your EMV purchase card, I want you to laugh at us Americans. Specifically, laugh at how we’ve been fumbling our implementation of smartcard technology. Maybe all the derisive laughter... Read more
Author: Matt Smith
Mastercard is bringing biometrics to online payments in the form of selfies and fingerprint verification. The card provider has revealed that consumers will soon be able to pay for their purchases using photographs of themselves and fingerprint scanners instead of... Read more
Author: Joanne Frearson
Spending on contactless cards in the first half of 2016 has already outstripped contactless spending for the whole of 2015, according to figures from The Cards Association. There were 1.1billion contactless transactions in the first half of the year, compared... Read more
Author: Joanne Frearson
Joanne Frearson talks to Beauty Boulevard’s founders about rejection on Dragons Den and how they built a successful online store with a payments system that can meet high demand. Rachel de Caux and Paula Short may have left Dragon’s Den... Read more
Author: Matt Smith
Business Reporter speaks to CTO Stephen Holmes about how the open-source Bitcoin technology could make payment, credit and many kinds of transactions transparent, simple and secure. Blockchain, the technology that began life as the backbone of Bitcoin, is branching out... Read more