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Ripple and R3 Consortium reach settlement in litigation

11 Sep 18 @ 14:12

Ripple Labs says it has reached a settlement “of all outstanding litigation” between R3 and XRP II, according to a press release published today. As per that statement, the details of the settlement... read more

Mobile payments driving retail e-commerce sales worldwide

11 Sep 18 @ 11:53

In 2017, retail e-commerce sales worldwide reached $2.304 trillion, a 24.8% increase over the previous year. Mobile payments were a key factor, as m-commerce sales totalled $1.357 trillion, making up... read more

PayPal still going strong as it moves past 250 million active accounts

11 Sep 18 @ 10:00

PayPal announced that it now has more than 250 million active customers using its payment services. It has taken the firm just over 18 months to get to that goal since it... read more

The problem with self-sovereign identity: We can’t trust people

10 Sep 18 @ 17:00

Two buzzwords often heard in identity today are self-sovereign identity and distributed identity. The reason for considering new models for identity is, among other things, to avoid a single point... read more

Use of artificial intelligence set to face public backlash

07 Sep 18 @ 16:15

Artificial intelligence will face a backlash from the public unless researchers and companies make a much greater effort to engage society in its development, one of Britain’s leading scientists has... read more

Open Banking publishes Open Banking Standards version 3.0

07 Sep 18 @ 16:07

The Open Banking Implementation Entity (OBIE) has announce the publication of the Open Banking Standards, version 3. This update builds significantly on the version of the Standards that launched in... read more

The FCA: Level playing field or more enforcement?

05 Sep 18 @ 14:33

On 1 August 2018, the Financial Conduct Authority (“FCA”) published Consultation Paper 18/21 on ‘General Standards and Communication Rules for the Payment Services and E-Money Sectors’. The consultation closes on... read more

botnet activity in H1 2018: Multifunctional bots becoming more widespread

05 Sep 18 @ 14:26

Kaspersky Lab researchers have published a report on botnet activity in the first half of 2018, analysing more than 150 malware families and their modifications circulating through 600,000 botnets around... read more

MagentoCore card skimmer discovered on thousands of e-commerce sites

04 Sep 18 @ 17:03

In the last months it has been reported that 7,339 (and counting) individual e-commerce sites have been infested with the MagentoCore card skimmer malware in the last six months, making... read more

Counterfeit fraud at US EMV-enabled merchants down 75%

04 Sep 18 @ 14:00

The major payments networks set the path for the US payments industry to begin the shift to EMV chip cards in 2011. One of the leading factors was that chip... read more

The end of POS as we know it?

04 Sep 18 @ 12:53

For most consumers, the worst thing about a shopping trip is the queues. Spotting a queue at POS means consumers may well decide to go elsewhere. Waiting to pay creates... read more

China deepens cryptocurrency enforcement a year after crackdown

03 Sep 18 @ 13:03

China is further tightening its clampdown on cryptocurrency, nearly a year after the government imposed a wide-ranging ban on local exchanges and ICO’s fundraising for digital currencies. Financial officials in an eastern... 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