Daily news

08 Jul 16 @ 12:34

Sberbank, the Russian bank, has founded a new subsidiary – SB-Telecom – which will act as an MVNO, reports Vedomosti. The new company will provide telecommunications services for companies within the Sberbank... read more

07 Jul 16 @ 13:55

If you don’t already bank, shop or make mobile payments using your mobile device, there’s a good chance that you’ll start within the coming year. At least, that’s what the... read more

07 Jul 16 @ 13:05

Law enforcement agencies and businesses are losing the cybercrime “arms race” with online criminals, the UK’s National Crime Agency has warned. The technical capabilities of criminal gangs are outpacing the... read more

07 Jul 16 @ 12:48

Walmart announced that Walmart Pay is now available in the more than 4,600 Walmart stores nationwide. Available through the Walmart app, Walmart Pay works with any iOS or Android device,... read more

06 Jul 16 @ 16:38

In an ill advised move, the European Commission is proposing expanding its anti-money-laundering rules to cover virtual currencies and prepaid cards, in a bid to fight terror financing and tax evasion... read more

06 Jul 16 @ 16:08

In an interesting report, Cifas has released new figures showing a 52% rise in young identity fraud victims in the UK. In 2015, just under 24,000 (23,959) people aged 30... read more

06 Jul 16 @ 15:30

Following the news that a group of Chinese FI’s had grouped together to form an blockchain consortium, a group of Russian banks and financial services companies has formed a private-sector consortium focused... read more

06 Jul 16 @ 12:00

UK consumers are preparing a £19 billion ($24.7 billion) class action lawsuit against MasterCard, almost two years after a European Union court ruled the interchange fees the company had charged for cross-border... read more

05 Jul 16 @ 14:34

According to Euromonitor’s data, Asia Pacific continues to top the digital commerce in 2014 – 2015, with mobile retailing sales reaching $200 billion, an increase of 113%. In 2015, the... read more

05 Jul 16 @ 10:57

British voters’ decision to Brexit and leave the European Union on June 23 shocked markets around the world. It might also have significant implications on the development of the payments... read more

05 Jul 16 @ 09:41

UAE banks have agreed to move forward with a mobile wallet project which will all devices to accept mWallets payments. The Mobile Wallet Project is expected to see AED50 billion... read more

01 Jul 16 @ 16:54

Card fraud is a multibillion-dollar moving target that continues to become ever more complicated for issuers due to the introduction of new channels and products. In fact, over the last... read more