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Consumers demand, but are wary of, new banking technology

15 May 19 @ 11:35

While consumers expect their banks to ensure that the latest banking technology is available, their rate of adoption does not necessarily meet the rate of innovation. Nearly a third (30%)... read more

Tech backlash begins? San Francisco to ban facial recognition

15 May 19 @ 08:32

San Francisco has voted to ban the use of facial recognition, the first US city to do so. The ban means its local police, transport and other agencies will not... read more

How e-commerce will be shaken up by EU PSD2 in 2019

14 May 19 @ 15:29

The EU’s Payment Services Directive 2 (PSD2) regulation has been looming on the horizon since November 2015. The regulation sets out that all online transactions over the value of €30... read more

If cryptocurrencies are so safe – why do they keep getting hacked?

14 May 19 @ 11:40

As well as a raft of other high profile thefts of cryptocurrencies in the last few years, hackers recently stole $40 million worth of bitcoin from Binance, one of the... read more

Visa acquires control of Earthport

13 May 19 @ 08:19

Visa announced it has finally acquired control of Earthport, a company that provides cross-border payment services to banks, money transfer service providers and businesses via the world’s largest independent ACH... read more

Project Libra: Facebook aims to take cryptocurrency mainstream

07 May 19 @ 13:59

Facebook is reported to be recruiting dozens of financial firms and online merchants to help launch a cryptocurrency-based payments system, dubed Project Libra, on the back of its gigantic social... read more

Case study: Surcharging on card payments – why bother?

07 May 19 @ 13:10

An article in the Reserve Bank of Australia’s (RBA) Bulletin of December 2018, accurately and comprehensively describes the history of the regulation of payment card surcharging in Australia. The RBA... read more

Cost of a data breach study – Global overview

07 May 19 @ 11:34

IBM Security and Ponemon Institute have released the 2018 Cost of Data Breach Study: Global Overview. This year it conducted interviews with more than 2,200 IT, data protection, and compliance... read more

RBS launches merchant acquiring business NatWest Tyl

03 May 19 @ 09:38

Royal Bank of Scotland (RBS) is launching a merchant acquiring service, NatWest Tyl, for small to medium-sized businesses (SMBs), heading back into the payments business, putting it in direct competition... read more

8.2 billion payments chip cards distributed globally

03 May 19 @ 09:35

According to figures released by the chip card industry standards body, EMV Co, more that 8.2 billion chip cards have been issued globally for use in the payment card industry.... read more

Blockchain growing pains – Regulatory oversight and supervisory nodes

02 May 19 @ 10:48

I think its fair to say that blockchain and its underlying DLT technology has matured to a spotty teenager. This maturity and the underlying risks that come with it have... read more

Is Visa really squaring up to Swift with Visa B2B Connect blockchain platform?

01 May 19 @ 11:02

Visa recently signed a deal enabling FIS’ clients to have access to Visa B2B Connect. The  uses blockchain to make high-value corporate payments internationally without using SWIFT. In order to... read more

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Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more