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Card Not Present fraud to exceed $7 billion

09 May 16 @ 12:35

iovation and Aite Group have developed an impact note entitled “EMV: Issuance Trajectory and Impact on Account Takeover and CNP.” The report calculates that card not present fraud – fraudulent transactions where a... read more

War on Cash: ECB scraps €500 notes

09 May 16 @ 12:19

The European Central Bank has stopped producing €500 notes, in a move it depicts as a crackdown on crime but which critics in German-speaking countries say is part of an... read more

Contactless technology adoption accelerating in the Netherlands

09 May 16 @ 11:57

The Netherlands has seen a significant uptake of contactless payment cards since their introduction in 2014. Contactless technology is gaining traction in the Netherlands as banks are introducing new solutions to... read more

The world of e-commerce – local payment methods

05 May 16 @ 11:58

Supporting local payment methods is a simple and effective way to increase e-commerce conversion rates and reach, but few e-commerce merchants are embracing the opportunity to internationalise their business. The below... read more

PSD2 and MIF Regulation create opportunities in Europe

05 May 16 @ 11:31

PAY.ON has published a new white paper that explores the implications surrounding – and the opportunities arising from – the revised Payment Services Directive (PSD2) and the Regulation on Multilateral... read more

Digital banking demands new technologies – and new vendors

05 May 16 @ 11:14

Banks face intense pressure to increase efficiencies and reduce costs while delivering next-generation digital banking services; however, incumbent application vendors have been slow to respond to new requirements, according to... read more

UK closing US lead on FinTech investment in PayTech

05 May 16 @ 10:45

The UK’s payment technology, or PayTech, sector is booming and closing the gap on the US, its closest rival, according to research from the Emerging Payments Association (EPA), sponsored by... read more

Increasing adoption of mobile P2P payments

04 May 16 @ 16:03

In a recent primary consumer research it highlights a rapid increase in adoption of mobile payments, and specifically in mobile P2P payments. Based on a survey of 1,279 smartphone users conducted... read more

Majority of retailers have yet to implement omni-channel payments

03 May 16 @ 13:33

Despite the retail industry’s ambition to move to an Omni-Channel payments strategy, only a minority of retailers have completed an omni-channel payments program, according to a survey of nearly 100... read more

FTC investigates PayPal’s Venmo

03 May 16 @ 13:20

PayPal’s P2P payment service Venmo is under investigation by the Federal Trade Commission. PayPal has acknowledged the situation in an SEC filing: “On March 28th, 2016, we received a Civil Investigative Demand (CID)... read more

VocaLink signs UK’s largest ATM processing deal

03 May 16 @ 12:40

VocaLink has signed a five year deal to provide exclusive processing for the LINK ATM network.  The deal is the UK’s largest ever ATM processing deal and is expected to deliver over 16... read more

Kaspersky: All ATMs can be hijacked with ATM malware

29 Apr 16 @ 15:38

ATMs can be easily hacked and ATM malware installed, meaning funds could be stolen, a report by Kaspersky Labs has revealed. The company identified two key hardware flaws with the... read more

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Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more