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Thai Central Bank launches Project Inthanon digital currency

24 Aug 18 @ 12:46

The Bank of Thailand has outlined a preliminary road-map for Project Inthanon, its central bank digital currency (CBDC) initiative. The Bank of Thailand (BoT), the country’s central bank, is partnering... read more

Report: Consumer adoption of retailer mobile shopping apps and wallets doubles

24 Aug 18 @ 11:59

As mobile shopping continues to grow, consumers are downloading retailer’s mobile apps at double the rate of years past and conducting more in-app purchases, according to new findings from Synchrony. As... read more

SWIFT tests instant cross-border SWIFT gpi payments in Asia Pacific

24 Aug 18 @ 11:45

SWIFT has announces that it will start testing its new instant cross-border SWIFT gpi payments service in the Asia Pacific region. The service has been designed to scale and integrate... read more

Invisible banking is in plain sight – here’s what to do about it

23 Aug 18 @ 13:59

In today’s mobile world, financial institutions are working hard to give their digital offerings an overhaul. They are under pressure from several key factors to do so: firstly, because of... read more

Alternative payments crucial to bringing omni-channel shopping in store

23 Aug 18 @ 12:08

While the phrase ‘time is money’ may seem clichéd, it is becoming increasingly relevant as technology-savvy but busy consumers turn to the Internet and alternative payments to make shopping faster... read more

SMART Payments: Step 1 – Simplify payment complexity

23 Aug 18 @ 11:44

The race to digital is rattling the payment ecosystem with more choice for consumers adding complexity across the payment value chain – from merchants to consumers and everyone in between.... read more

Are you being tracked: Behavioural biometrics being implemented by banks to reduce fraud

20 Aug 18 @ 09:32

When you’re browsing a website and the mouse cursor disappears, it might be a computer glitch — or it might be a deliberate behavioural biometrics test to find out who... read more

Banking and Payments industries warned over ATM Cashout cyberheist

20 Aug 18 @ 09:00

The FBI has been warning banks about an imminent ATM cashout scheme about to unfold across the globe, thanks to a data breach at an unknown financial institution. On Aug. 14, a... read more

Strong Customer Authentication rules agreed for Europe

17 Aug 18 @ 12:14

It was a long gestation and difficult birth but Europe finally has new requirements for strong customer authentication. They will apply across the region from 14 September 2019, bringing much-needed... read more

Cybersecurity: The scourge of ransomware continues

17 Aug 18 @ 12:05

Ransomware attacks have doubled since last year and become a key cybersecurity threat for organisations globally, warns Verizon’s 2018 Data Breach Investigations Report. Ransomware locks computers or encrypts files and... read more

Growing pains: RBI orders a stop to Paytm service

15 Aug 18 @ 11:55

The growth of Paytm has been exponential as it achieved an annual run rate of 5 billion digital transactions and $ 50 billion GTV (Gross Transaction Value) in July 2018. Paytm is... read more

P2P payments market competition hots up as Square Cash app hits the top

15 Aug 18 @ 11:26

It has been an interesting few weeks in the P2P payments market. It all began when Snapchap  announced that it will cease Snapcash, its mobile P2P payments app for Snapchat, on... 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