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When the alternative goes mainstream…

25 Jan 17 @ 15:55

When bank-account funded payments, real-time payments, mobile and other digital payments are actually the default way to pay in many countries, the term ‘alternative’ seems a misnomer. We examine current... read more

Banking on biometrics – can the password survive in 2017?

25 Jan 17 @ 15:14

With the rise of biometrics within financial services, could you become your own password? Bill Gates claimed the password could not meet the challenge of keeping information secure and predicted... read more

The rise in the Internet of Payments: payment networks need to evolve

25 Jan 17 @ 10:51

The growth of connected devices, better known today as the Internet of Things (IoT), is accelerating at an unbelievable rate, leading to the rise in the Internet of Payments. By 2020... read more

90% of UK unaware of Open Banking – would not consent of personal data sharing

24 Jan 17 @ 10:48

Research from Equifax has revealed that 90% of UK consumers have not heard of the Open Banking initiative, with 45% of respondents then going on to say that they are... read more

2016: The year of the mobile banking app

23 Jan 17 @ 15:15

What has changed in mobile banking apps and m-payments in the UK since last year? We examine consumers’ understanding and attitude towards m-payment options, and the implications. MOBILE BANKING 2016... read more

Lloyds hit by international criminal gang cyber attack

23 Jan 17 @ 10:55

A cyber attack by an international criminal gang is though to be responsible for digital services at Lloyds Banking Group being intermittently down for more than two days. The denial of service... read more

Mobile payments fraud set to become painful in 2017

23 Jan 17 @ 10:43

The mobile channel can facilitate nearly any type of consumer payment, often with greater convenience than before. This has attracted a growing legion of dedicated users, yet wherever legitimate payments... read more

US data breaches increase 40 percent in 2016

20 Jan 17 @ 12:18

The number of US data breaches tracked in 2016 hit an all-time record high of 1,093, according to a new report released today by the Identity Theft Resource Center (ITRC)... read more

UK Shoppers online spending hits £1 billion on average per week

20 Jan 17 @ 10:39

According to the latest figures revealed by ONS, retailers saw continued growth in online spending throughout December which continued into the New Year. Figures show retail sales increased by 4.3% compared... read more

Western Union settles $586m anti-money laundering fine

20 Jan 17 @ 10:27

Western Union has agreed to settle $586m after admitting that it violated US anti-money laundering laws by ignoring evidence that thousands of its agents were involved in sending illicit cash... read more

Daimler acquire PayCash Europe to launch Mercedes Pay

20 Jan 17 @ 10:13

Daimler AG, the parent company of Mercedes-Benz, has taken over PayCash Europe with the intent to launch Mercedes Pay. With increasing interest in FinTech and systems, companies are trying to... read more

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

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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

Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more

UK Banks complete first live transactions using Tokenised Deposits

27 Sep 26 @ 18:52

Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more