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February 20, 2009

2009 CNP Payment Forum Conference - Barcelona, May 11-13

The CNP Payment Forum (previously titled DRF EU) has announced its 6th annual conference to be held in Barcelona on May 11-13, 2009. READ MORE »

CTIA Announces Industry Guidelines for Mobile Financial Services

The CTIA has published “Best Practices and Guidelines for Mobile Financial Services (MFS)icon_PDF_small.gif - which were unanimously approved by America’s leading wireless carrier companies. According to the CTIA, "this voluntary initiative was developed to provide consumers with a high level of safety and security for mobile banking, commerce and payments products and services." READ MORE »

APACS Provides UK 2008 Payments Update

APACS has released full year 2008 data for payments in the UK icon_PDF_small.gif. Highlights from the full year’s data include:

  • Plastic cards: Total debit and credit card spending was up in 2008 in terms of both value and volume, increasing 6.8% and 7.4% respectively.
  • Debit cards dominate card spending - accounting for 73.5% of all plastic card purchase transactions in 2008.
  • There were 42.1 million debit cardholders with 75 million debit cards in issue at the end of 2008, compared with 30.1 million credit card holders with 71 million credit cards.
  • The number of debit cardholders and cards in issue increased by 1.0% and 4.7% respectively, whereas the number of credit card holders and cards in issue decreased by 2.1% and 2.4% respectively.
  • Cheques: During 2008, the number of cheque transactions went down by 10.4%, total values declined by 7.1%.

Fiserv Finds Banks Interested in Offering Mobile Deposit Capture

Fiserv has announced the results of recent market research that quantified the interest among banks and credit unions for mobile deposit capture and gauged their views on potential customer acceptance. Mobile deposit capture is an extension of remote deposit capture (RDC) that enables checks to be deposited anywhere via a mobile phone equipped with a camera to create and send an image of the check. READ MORE »

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