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EBA to stress test EU banks with “worst case scenario”

01 Feb 23 @ 11:45

Regulators for the European Union banking sectors have announced a stress test to evaluate how banks would manage with an extended period of high inflation and prolonged high interest rates.... read more

Why virtual cards are right for digitally-native consumers

01 Feb 23 @ 10:54

In an earlier blog, we explained how the shift to online shopping plus concerns about the environment are driving consumers away from using plastic and towards virtual cards. Virtual cards... read more

Moody working on crypto stablecoin scoring system

31 Jan 23 @ 18:18

Moody’s is reported to be working on the early implementation of a scoring system for stablecoins, the crypto sector’s most traded tokens, as the asset class grows and faces increased... read more

Interview: The transformation of the UK payments landscape

31 Jan 23 @ 13:11

Jana Mackintosh is Managing Director for Payments and Innovation at UK Finance. She is experienced in competition and regulatory policy, having worked across a number of public and private sector... read more

Cybercriminals use Prilex malware to block contactless payments

31 Jan 23 @ 12:42

Kaspersky says it has uncovered three new variants of Prilex malware, which can block contactless near-field communication (NFC) transactions on infected devices, forcing customers to use their physical credit cards,... read more

Mobile wallets gaining popularity in US

30 Jan 23 @ 18:20

Modern life virtually requires that each of us has our devices accessible at any time. So how is it that most Americans still find that using a credit card is... read more

Consumer e-commerce remains strong despite economic headwinds

30 Jan 23 @ 17:46

Despite a challenging economic environment, the 2022 holiday shopping season exceeded projections, according to e-commerce research from ACI Worldwide. The research analysed millions of e-commerce transactions on an annual basis... read more

Worldline signs a multi-year deal with ING

30 Jan 23 @ 10:42

Worldline has announced the extension of a partnership with ING Bank N.V. Worldline will handle debit and credit card issuing and processing for ING across multiple countries, based on the... read more

Chargeback and friendly fraud at crisis levels for retailers

27 Jan 23 @ 11:46

Credit card chargeback is reaching crisis levels for retailers on both sides of the Atlantic, according to a survey of US and UK consumers. Two-thirds of US shoppers and 44%... read more

An update on Apple Pay antitrust lawsuits

27 Jan 23 @ 11:22

Back in July last year, Apple was sued in a proposed class action by payment card issuers accusing Apple Pay of abusing its market power in mobile devices to thwart... read more

5 things to add to your CV in 2023

27 Jan 23 @ 09:48

If you work in tech there’s no ignoring the current headlines surrounding mass layoffs at some of the biggest and most established names in the sector. January alone has seen... read more

AI-driven ‘thermal attack’ reveals password in seconds

26 Jan 23 @ 20:31

Computer security experts have developed a system capable of guessing computer and smartphone users’ passwords in seconds by analysing the traces of heat their fingertips leave on keyboards and screens.... read more

Trending

ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more