U.K.

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.

Samsung Electronics Co. has made its Android and Apple Pay competitor available in the U.K. Tuesday, as it attempts to play catch-up in one of the major markets for contactless payments.

Toreson Lloyd was a vice president of relationship management at WorldPay and a business development manager at American Express before joining London-based APEXX.

Regulators are calling for the boards of the three separate faster-payments initiatives to review and endorse the consolidation plan and complete most of the consolidation before the end of 2017.

Even as consumers embrace digital payments in the U.K., the value and amount of cash in circulation remain high.

Samsung Pay last week went live in four more regions—Hong Kong, Sweden, Switzerland and the UAE—but despite reaching 14 major global markets, it’s still not officially available in the U.K., one of the world’s most active zones for contactless payments.

Visa Inc. has partnered with Dallas-based Active Network, whose customers organize activities and events, to make Visa Checkout available as a payment option at events in the U.S., Canada, Ireland and the U.K.

PayByPhone will add Apple Pay as a payment option for U.K. drivers later this year, as competition in the fast-growing market for mobile payment apps intensifies.

Check imaging reduces the need to handle paper, reduces clearing time and paves the way for mobile deposit and remote capture. However, this new functionality also means financial institutions take on greater risk from electronic acceptance, images in the cloud, and significantly reduced float times.

The service will start with transfers to India and the Phillipines, though Remitly plans to add more recipient countries in the near future.

For London-based fintech provider Tramonex, seeing so many Chinese tourists visiting the U.K. meant a chance to join the success of WeChat Pay. But how to accomplish this was less clear.

Merchants storing and batch processing payments offline in the U.K. are opening the door for fraudsters to potentially use contactless cards that have been reported lost or stolen for several months after a bank cancels them.