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Mobile Wallets: The New Fraud Frontier

12 Nov 15 @ 13:23

Mobile wallets are enjoying increasing adoption. Payments made via mobile devices in the United States are expected to total $90 billion by 2017, a big jump from the $12.8 billion... read more

How consumers rate finance apps

12 Nov 15 @ 09:01

People are obsessed with money. In 2015, people are also obsessed with their smartphones and tablets. It is natural that apps that help people bank, manage their money, make payments... read more

Faster Payments increases scheme limit to £250,000

12 Nov 15 @ 08:47

The Faster Payments limit for Banks and Building Societies has been raised to £250,000 per payment from Tuesday 10 November 2015, following an increase to the scheme limit announced by Faster Payments... read more

The impact of the interchange fee regulation: a Processor view

11 Nov 15 @ 12:07

Last April, the European Parliament and the Council of the European Union adopted a new Interchange Fee Regulation (IFR) capping interchange fees for payments made with debit and credit cards.... read more

US strengthen cyber security regulations

11 Nov 15 @ 11:45

The New York State Department of Financial Services has outlined its proposals to strengthen cyber security regulations. In a letter to other state and federal regulators, the NYDFS says it... read more

Biometric market for financial services reach $657 million

11 Nov 15 @ 09:42

The advent of the Internet of Things (IoT) has propelled the demand for better security solutions on electronic devices. Apple’s iPhone 5s, which was released in 2013, was the first... read more

Singles Day hits new spending record

11 Nov 15 @ 09:00

The Chinese economy is slowing but Singles Day shoppers still went for it online and drove Singles Day sales up to more than $10bn on Alibaba by 2pm on Wednesday, beating last year’s record of... read more

UK cyber security failings

10 Nov 15 @ 18:17

The free market is failing when it comes to cyber security, Britain’s electronic spy chief has warned in a rare public intervention that could pave the way for tougher regulation as... read more

Amazon expand cross-border payment options in Europe

10 Nov 15 @ 16:21

Amazon has selected Payoneer to expand cross-border payment options to sellers from 24 countries who sell on marketplaces in the US, Spain, France, Italy, Germany and the UK. As a featured payment... read more

Prepaid cards continue spectacular rise in Italy

10 Nov 15 @ 16:09

According to a new report, prepaid cards in Italy increased from 19.4 million in 2009 to 45.5 million in 2013, with an expected further growth of 17,42%. It estimates that... read more

M-Pesa revenues surge

10 Nov 15 @ 13:27

Safaricom has reported a 24% jump in M-Pesa revenues to KES19.4 billion ($190 million) in H1 2015, as its active user base reached 15.7 million. Interestingly, the operator also revealed... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

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