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Payment Card Statistics for Europe and Eurasia – Yearbooks 2016-17

19 Jan 17 @ 10:53

PCM would like to announce the publication of the updated Payment Card Statistical Yearbooks 2016-17 (Statistics for Europe and Eurasia) – and its corresponding website paymentyearbooks.com. In this business, we know you need to... read more

Competition Authority slows Mastercard acquisition of VocaLink

04 Jan 17 @ 16:22

The Competition and Markets Authority (CMA) has found that Mastercard’s acquisition of VocaLink gives rise to competition concerns. Mastercard already owns and operates credit and debit card schemes Mastercard, Maestro and... read more

UK payments industry going through biggest shake-up in a generation

29 Nov 16 @ 09:54

The UK payments industry is about to see its biggest change in a generation according to the Payment Systems Regulator (PSR). The comments come as the Payments Strategy Forum, a... read more

Barclays installs contactless ATMs to access cash

21 Nov 16 @ 13:29

Barclays says it is installing contactless ATM’s in branches across the country, enabling customers to withdraw up to £100 by tapping their mobile phone or debit cards at the terminal.... read more

3.2 million debit cards compromised in massive Indian ATM breach

20 Oct 16 @ 10:14

Banks in India have been hit by a massive ATM breach and have ask users to either replace or  change the security codes of as many as 3.2 million debit... read more

Financial fraud in H1 2016 increased to £399.5 million

14 Oct 16 @ 16:51

Financial fraud in H1 2016 increased by a quarter to £399.5 million, enabled by scams and online attacks, new figures published by Financial Fraud Action UK (FFA UK) show. Banks’... read more

Biometric ATM authentication: Kaspersky Lab examine threats to ATMs

30 Sep 16 @ 11:52

Kaspersky Lab says that its experts investigated how cybercriminals could exploit new biometric ATM authentication technologies planned by banks. While many financial organizations consider biometric-based solutions to be one of... read more

FIS achieves new accreditation with Payment Brands for EMV migration services

13 Sep 16 @ 09:00

FIS announced that it has recieved accreditation by Discover, MasterCard and Visa and is working with other international and national payment brands to simplify the certification process for EMV payment... read more

UK watchdog confirms investigation in Diebold Wincor Nixdorf ATM merger

30 Aug 16 @ 12:36

Just weeks after the $1.8bn takeover by Diebold of Germany’s Wincor Nixdorf was approved by shareholders and has already been cleared by competition authorities in a number of other countries, the UK’s Competition... read more

Chip and PIN hacked…again

08 Aug 16 @ 10:06

Researchers speaking at the Black Hat conference in Las Vegas demonstrated how the Chip and PIN system has been exploited to make a cash machine give out money. Small modifications to equipment... read more

Losing the war on cash? UK banks predicted to handle 13% more by 2020

07 Jun 16 @ 08:25

The Bank of England recently reported a 5% rise in the volume of cash circulation in the UK.  If the volume of cash continues to increase at even half of... read more

Wells Fargo Wallet – NFC mobile payments

26 May 16 @ 15:15

Wells Fargo has announced a relaunch of its Android portal that will add support for contactless, NFC payments, ATM transactions, and more. Wells Fargo Wallet’s headlining feature is NFC. In an upgrade due... read more

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Visa targets dispute costs with new AI tools for merchants and banks

02 Apr 26 @ 18:44

Visa is stepping up its effort to modernise one of the most cumbersome parts of the payments chain, launching a suite of artificial intelligence-powered dispute... more

Swift moves from concept to execution with Blockchain

02 Apr 26 @ 18:44

Swift is moving its blockchain-based shared ledger from design theory into practical deployment, marking a notable moment in the evolution of institutional cros... more

Visa launches Intelligence Commerce Connect tool

14 Apr 26 @ 20:03

Visa is stepping up its push into agentic commerce with the launch of Intelligent Commerce Connect, a new tool intended to help businesses plug into AI-driven s... more