JCB Expands Issuance & Acceptance in Sri Lanka via LankaPay & NCS

The Central Bank of Sri Lanka has inked a partnership with Japan’s JCB to establish the National Card Scheme (NCS) to introduce the issuance of LankaPay-JCB co-branded cards and to jointly promote the acceptance of such cards with JCB payment solutions. By integrating JCB payment solutions to LankaPay participant members and leveraging the planned interconnection…

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Credit & Debit Cards Globally

Mastercard Outpaces Visa in Q1 Global Processed Transactions

Total Visa and Mastercard processed or switched transactions (TX) in the first quarter (1Q/17) rebounded above year-on-year (YOY) growth rates of the past three years. Mastercard, is growing significantly higher YOY with a 500 basis points (bps) gap over Visa in 1Q/17, discounting the addition of Visa Europe in the third quarter of last year.\,…

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Processors Not Fintech Startups Most Likely to Disrupt the Payments Industry

While all new technologies will be important to their business in the next two years, the majority of CFOs say they are most concerned with mobile payments and mobile capabilities to manage and approve payments (55%), with blockchain a close second (54%), followed by cloud payments (48%) and data mining (46%). Despite the buzz around…

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Bankers Behind the Eight Ball on Formal Payments Strategy

Nearly nine of 10 bankers admit their bank does not have a formal payments strategy. Of those, only 46% have plans to develop a formal payments strategy. Furthermore, 36% of respondents characterize their bank’s approach to payments strategy as “fast follower,” while 54% said their bank takes a “wait and see” approach. Only 3% consider…

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Fully-Integrated, Linux-based Portable mPOS Platform Taken to a Higher Level

Verifone has launched two new portable and mPOS products: Verifone V240m & Verifone e285. Both devices are commerce-enabled and certified with the highest level of global security, PCI 5.0. This important certification, granted by the PCI Security Standards Council, ensures strong device protection for cardholder payment data and ensures the strongest possible protection in a…

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Software Only Card Payment mPOS App Now in Extended Beta


The first UK technology app enabling micro-businesses to take physical card payments using smartphones without any additional dedicated hardware is not far off. Worldpay announced the launch of the first ever extended-trial of a software only card payment mPOS (mobile point of sale). My Business Mobile will allow businesses to download an app and accept…

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Consumer Businesses Underestimate Cyber Risk Beyond Card Payments

Between 30% and 40% of companies currently investing in platforms such as consumer analytics, cloud integration, connected products and mobile payments have mature programs in place to address related risks. Many of these technologies involve a broad set of data types that could expose consumers to much more than stolen credit cards and identity theft.…

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Square, Apple Pay, Venmo Slowly Eroding PayPal’s Brand Equity

PayPal beat out Amazon as it retains its Brand of the Year designation for mobile payment brands for the third consecutive year. However, up-and-coming brands Venmo (owned by PayPal), Square, and Apple Pay are making significant gains. According to new research from The Harris Poll’s 29th annual EquiTrend Study, which measures brand health over time.…

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Thailand’s KBank JCB Credit Card Accommodates Japanese Culture

Thailand’s KBank and JCB have buddied to introduce the “KBank JCB Credit Card” to accommodate Japanese culture and lifestyles. The new card offers a wide range of attractive privileges are offered to Japanese cardholders, with first-year targets of 100,000 cards and spending of 2 billion Baht. Being among the most-visited destinations of Thai travelers, Japan…

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