Europe

UK To Payday Lenders: Publish Your Prices
February 25, 2015

British payday lenders must publish the costs of their loans on comparison websites so consumers can shop for the best deals, the U.K.’s Competition and Markets Authority (CMA) announced on Tuesday (Feb. 24). Get the Full Story Complete the form to unlock this article and...

Gemalto Sees No Evidence That Its Encryption Keys Were Boosted By Spies
February 23, 2015

After reports last week that Gemalto had seen the encryption keys for its SIM cards stolen by the NSA and GCHQ , the Dutch company has officially responded that its products are secure. Get the Full Story Complete the form to unlock this article and enjoy...

Cross-border Payments
Were Gemalto’s Encryption Keys Stolen By Spies?
February 20, 2015

Gemalto, the Netherlands-based firm that is also the world’s largest manufacturer of SIM cards, is currently investigating whether or not its encryption keys have been lifted by US and UK spies. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Europe
What Europe’s Digital Marketplace Is Missing
February 18, 2015

European manufacturers are now pushing for a consistent Eurozone-wide internet that can function as both a digital marketplace and a network for manufacturers to interoperate, the Wall Street Journal reported on Tuesday (Feb. 17). Get the Full Story Complete the form to unlock this article...

Cross-border Payments
iZettle Releases Free Chip And PIN Reader For European SMBs
February 17, 2015

Europe’s answer to Square, iZettle, is introducing its new Card Reader Lite, which is reportedly the world’s first free-­of-charge Chip and PIN reader. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

How 100 Banks Got Hacked And Lost $900 Million
February 16, 2015

Over 100 banks worldwide have been hit in a cyberheist that Russian cybersecurity firm Kaspersky Lab estimates could have netted as much as $900 million in stolen funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Acquiring
MasterCard, Visa Win Back Crimea Payments Market
February 09, 2015

Once transaction processing for Visa and MasterCard has been transferred to the new Russian National Payment Card System in April, the cards will again function in Crimea, a Russian government official said on Friday (Feb. 6). Get the Full Story Complete the form to unlock...

Alternative Credit
Ipagoo Launches Cross-Border Virtual Banking Just For Europe
February 06, 2015

Ipagoo, an online-only service that lets Euro-zone customers create virtual bank accounts throughout Europe, is set to launch on Friday (Feb. 6), the Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Citi’s Digital Chief Says Bitcoin’s Economics Are Flawed
January 29, 2015

Bitcoin’s economics are inherently flawed and it isn’t mature enough for mass adoption, according to Greg Baxter, Citi’s head of digital strategy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...