EMEA

Malicious software may have been installed on the restaurant’s payment card systems in October.

Wirecard Card Solutions is taking over as the issuer of Bread4Scrap, a prepaid card program used by U.K.-based Payment Card Solutions (PCS) to distribute funds to scrap metal dealers.

The digital personal financial management company is eyeing Europe as it expands its geographic footprint.

The $274 million credit union hired the former banker with 30 years of financial services experience after a national search to fill the top spot.

Swedish payment company Klarna has entered a deal to buy BillPay, a German consumer financing company, bolstering Klarna's merchant reach in central Europe

As technology evolves, payment capabilities become more deeply embedded, becoming practically invisible to the end user. This concept works already in specific use cases such as Uber, and many companies have yearned to implement a hands-free payment experience for all of retail.

Citing the need to expand Transatlantic commerce, U.K. and U.S. officials have agreed to create a payments forum featuring leaders from the tech hubs of London and Atlanta.

U.K.-based Rambus Ecebs, a provider of mass-transit ticketing technology, is harnessing Host Card Emulation (HCE) for its new service supporting a virtual ticketing app that can replace physical transit cards.

For much of the past few years, U.K. railroad systems have been using smartphones to display tickets as bar codes or other forms of digital fares.

U.K. supermarket giant Tesco has long supported Apple Pay at its contactless-enabled checkout locations, and now it also supports mobile payments through a proprietary app it’s rolled out to its nearly 7,000 stores.