Payment Systems News

To help you stay on top of developments that are changing the way we pay for goods and services, Wiser has created a payment systems news email. It is delivered to your inbox once a day and features the best articles on the topic from around the web. Down through history the way payments have been made and received has changed. Bartering gave way to currency which lasted for centuries until technology developed electronic methods of payment. These payment systems include electronic transfers and payments by debit and credit cards. Electronic payment systems have become more popular, and have moved on to contact-less payments and payment through personal mobile devices. But new technologies are changing payment systems even further. One change is the introduction of non-traditional financial institutions to control the networks. An example of this is using the technology company PayPal rather than a traditional bank. And this is moving even further with systems that remove the middleman altogether - an example of this is Bitcoin. To stay up-to-date with payment systems news and with developments in the technology and regulatory system, sign up for the free Wiser email digest.

Recent Payment Systems News Coverage
 
Your Weekly Recommendations Monday, December 11, 2017
 
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Local gardaí being trained to investigate fraud and e-crime
IrishExaminer.com - World • Irishexaminer.Com
Hong Kong taxis begin accepting mobile payments
Business Traveller RSS • Craig Bright
Diners fined up to $275 per person for failing to show
Daily Mail • Daily Mail Australia, Nkayla Afshariyan
Symantec says biometrics isn't the answer for protecting against financial fraud
ZDNet • Asha Mclean
UK consumers cut spending in run-up to Christmas - Visa
Daily Mail • Reuters
Chase bids to ignite mobile wallet at pop-up shopping village
Finextra
Payment Systems Regulator monitors Link ATM plans
Finextra
PSD2: Laying the regulatory foundation for a new age in payments
Finextra
Save Money By Purchasing Group Plane Tickets Individually
Lifehacker • Emily Price
How to Get Started With Apple's New Apple Pay Cash
Lifehacker • Emily Price
 
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Copyright, Credit Cards
Local gardaí being trained to investigate fraud and e-crime
IrishExaminer.com - WorldIrishexaminer.Com
Gardaí are creating a network of local officers skilled in investigating complex fraud across its divisions. The development will enable local reports of fraud to be investigated far more quickly as the central specialist units, the National Economic Crime Bureau and the...
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Credit Cards, Credit Services
Hong Kong taxis begin accepting mobile payments
Business Traveller RSSCraig Bright
The days of Hong Kong’s taxis only accepting cash payments appear to be coming to a close, as more than 2,500 drivers have recently signed up to begin allowing payments to be made using Chinese mobile platforms WeChat Pay and Alipay, according...
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Credit Cards, Credit Services
Diners fined up to $275 per person for failing to show
Daily MailDaily Mail Australia, Nkayla Afshariyan
A growing number of restaurants have started charging hundreds of dollars for diners who fail to show for reservations. Popular restaurants across Melbourne have taken to holding credit card information as security, and some have even listed repeat offenders on a one-year...
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Credit Cards, Credit Services
Symantec says biometrics isn't the answer for protecting against financial fraud
ZDNetAsha Mclean
In the coming months, Australians will be able to transfer money between one another using only a mobile number or email address, with the country's New Payments Platform (NPP) allowing for the near real-time transfer of funds between bank accounts, regardless of...
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Credit Cards, Credit Services
UK consumers cut spending in run-up to Christmas - Visa
Daily MailReuters
By David Milliken LONDON, Dec 11 (Reuters) - Squeezed British consumers reined in Christmas travel plans and bought fewer new cars last month, setting the stage for the first fall in festive spending in five years, credit card company Visa said on...
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Bank of America, Credit Cards
Chase bids to ignite mobile wallet at pop-up shopping village
Finextra
Chase has opened a pop-up shopping mall at the World Trade Centre complex in Manhattan in an effort to encourage consumers to try out its under-performing proprietary mobile wallet Chase Pay. Open for six weeks over the holiday season, the Chase Pay...
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Finance, Payments
Payment Systems Regulator monitors Link ATM plans
Finextra
We know that consumers value the ability to access cash through a widely spread geographic network o...
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Payments
PSD2: Laying the regulatory foundation for a new age in payments
Finextra
It will be regulation-led, but make no mistake: 13th January 2018 will see the start of a deep-roote...
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Airline Industry, Credit Cards
Save Money By Purchasing Group Plane Tickets Individually
LifehackerEmily Price
Whenever a large group of friends and I are planning a big trip, I typically volunteer to purchase the plane tickets. Credit card points are serious business, and throwing a few friend on my itinerary means they get to take advantage of...
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Apple Inc, Credit Cards
How to Get Started With Apple's New Apple Pay Cash
LifehackerEmily Price
This week, Apple finally made Apple Pay Cash available, it’s Venmo competition for the iPhone. With it, you can send and receive cash from friends, much like you can with services like PayPal, Square, and Venmo using iMessage on your iPhone. Its...
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