Daily news

19 May 16 @ 11:24

Consumer-facing technology brands have done much to reset customer expectations around speed, but also convenience, value and choice. Consumers can send and receive e-mail across the globe almost instantly. They... read more

19 May 16 @ 10:53

Advancements in digital technology continued to shape the payments industry in 2015 as mobile, online and other digital forms of digital payments moved into the mainstream. From mass transit to... read more

18 May 16 @ 14:13

Amid a PR feeding frenzy, you may have noticed that Android Pay launched in the UK. Millions more people will be able to pay through their smartphones in the latest... read more

18 May 16 @ 14:02

A Russian-speaking Skimer group forces ATMs to assist them in stealing users money. Discovered in 2009, Skimer was the first malicious program to target ATMs. Seven years later, cyber criminals... read more

18 May 16 @ 12:47

The fraudsters’ calculation is simple: where there’s a great deal of revenue to be earned, there’s a great deal of fraud to be committed. And where there’s even more revenue... read more

18 May 16 @ 12:33

By 2020, more than 50% of all UK retail sales could be ecommerce and contactless, growing by more than 2.5 times from 18% currently. At least 30% of these will... read more

17 May 16 @ 13:15

The European Central Bank will set up a database to register incidents of cyber attack and cyber crime at commercial banks, aiming to create an early warning and analysis system... read more

17 May 16 @ 13:11

VocaLink, the British operator of the Faster Payments service, has announced a five-year deal with UnionPay International to enable UnionPay cardholders to access ATMs across Europe and the UK. Under... read more

17 May 16 @ 13:01

Sen. Dick Durbin has blasted the card network-dominated group that sets the standards for EMV cards, accusing it of mishandling the rollout of more secure credit and debit cards, lacking transparency and... read more

16 May 16 @ 15:22

A Swift cyber-attack, similar to one that saw $81m (£56m) stolen from Bangladesh’s central bank, has reportedly hit a second bank. The warning about the second attack came from Swift,... read more

16 May 16 @ 14:52

The initial findings of a European Commission e-commerce sector inquiry found that geo-blocking is widespread throughout the EU. Online retailers of consumer goods, such as clothes, shoes and consumer electronics,... read more

16 May 16 @ 14:48

Credit cards dominated the payment cards market in Hong Kong in terms of both volume and value during the period 2010-2014. This trend is set to continue. According to a... read more