Daily news

Showing Latest Daily news

Card fraud losses hit $21.84 billion in 2015 – up 20.6%

25 Oct 16 @ 08:38

Card fraud losses incurred by banks and merchants on all credit, debit, and prepaid general purpose and private label payment cards issued worldwide reached $21.84 billion last year when global... read more

E-commerce authentication gets a major makeover with new 3-D secure specification

21 Oct 16 @ 11:48

To encourage the continued growth of e-commerce, merchants and issuers around the globe need intelligent tools to distinguish between good and bad transactions, all while minimizing disruption to consumers at... read more

Consumers want additional security to prevent e-commerce fraud

21 Oct 16 @ 11:10

As e-commerce and e-commerce fraud continues to expand, online payment security is a top concern for merchants and consumers, according to a new report from American Express. The 2016 American... read more

2016 North America consumer digital payments survey

20 Oct 16 @ 12:43

The Accenture 2016 North America Consumer Digital Payments Survey – is based on a survey of more than 4,000 smartphone users in the United States and Canada, and is the most... read more

3.2 million debit cards compromised in massive Indian ATM breach

20 Oct 16 @ 10:14

Banks in India have been hit by a massive ATM breach and have ask users to either replace or  change the security codes of as many as 3.2 million debit... read more

Tokenization management made simple for Banks offering mobile wallets

20 Oct 16 @ 09:31

Issuing banks can now manage tokenization activity for the ‘OEM Pay’ mobile wallets through a single software platform, simplifying and consolidating integration with the multiple token service providers (TSPs) operated... read more

Etisalat launches mobile wallet service in the UAE

19 Oct 16 @ 17:07

As with Orange in France, telecom operator Etisalat has announced the launch of its mobile wallet service — Etisalat Wallet — in the UAE. The app, available on Google and... read more

Orange Cash enable mobile payments for teenage demograph

19 Oct 16 @ 16:55

Orange is broadening the range of functionalities available to the teenage demograph via Orange’s mobile wallet app ‘Orange Cash’ in France. The mobile payment solution has been extended to the... read more

Smartphones generate 70 cents of every $1 in mobile e-commerce

19 Oct 16 @ 16:44

Mobile e-commerce, through both apps and browsers, is surging to new heights, having grown 60% in 2015 to reach $120 billion. Despite the opportunity that this growth presents, too many... read more

National payment switches: navigating the complexity for economic growth

18 Oct 16 @ 18:00

A national payment switch has become a necessity for a cashless or ‘less cash’ society. The advantages of such a switch include boosting financial inclusion, stimulating innovation, competition, growth and... read more

Data suggest tourists profiting from post-Brexit plummeting pound

18 Oct 16 @ 16:33

As the pound hits 31-year lows, UK retailers continue to take advantage of the post-Brexit climate as international consumers flock to bag a Great British Bargain. In the ten weeks... read more

Loyalty and rewards key to consumers succes with mobile wallets

18 Oct 16 @ 15:26

Mobile wallets are finally starting to gain real traction with consumers, but many still need an extra push to turn their mobile wallet use into a true habit. Points has... read more

Trending

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