U.K.

As contactless payment cards gain more momentum in U.K., supermarket giant Tesco wants to be sure its store loyalty card doesn't get left behind.

Revenue growth in its merchant payments business is expected to be tepid in the foreseeable future. The Minneapolis company says it is looking to ramp up innovation to stay competitive in a business that has been upended by fintech firms and online shopping.

Mass transit systems have been proven as an effective way of introducing new technologies and driving adoption in many regions, but in many ways they are still vastly behind schedule.

If nothing else, no one could ever accuse U.K. regulators of taking a hands-off approach to the country's payments operations.

Curve argues that as the number of cards in its app increases, the chances of choosing a wrong card for a payment become greater.

This morning it was announced that Fiserv is to acquire UK mobile payments veteran Monitise for 70 million pounds ($88.72 million). This is quite a bargain considering that at its peak, Monitise was valued at around 2 billion pounds. But beyond the firesale price tag, what exactly does Fiserv get out of this?

Inflation’s hold on the U.K. consumer is tightening and the economy is suffering as a result.

A group of U.K. merchants has joined a lawsuit against Visa and Mastercard seeking damages over interchange fees the card networks levied on credit and debit transactions.

Apple Pay's recent move to waive the £30 contactless transaction limit in the U.K. removes one of the key restraints it faced when competing with credit and debit cards at the checkout. But at this point in the mobile wallet adoption cycle, does this change really matter to consumers and merchants?

The U.K.’s Payment Systems Regulator is escalating its inquiry into the role banks play in preventing money-transfer scams where consumers are tricked into sending funds to fraudsters.