Daily news

04 Feb 15 @ 12:43

LexisNexis Risk Solutions has released its annual True Cost of Fraud Mobile study, which indicates that as merchants flock to the mobile channel so too are fraudsters. Revenue that mobile commerce (mCommerce)... read more

04 Feb 15 @ 12:09

EMV implementation is under way in the US, but only about half of the 12 million merchant payment terminals will be converted to accept more secure EMV smart credit and... read more

04 Feb 15 @ 11:39

The value of electronic payments rose by 150% in two years to N35 trillion in 2014, reflecting the impact of the cashless policy. Deputy Governor, Economic Policy, Central Bank of... read more

03 Feb 15 @ 16:39

In her first interview since taking charge at Santander and as part of the FT’s “Democratising finance” series, Ms Botín, the new head of the Eurozones biggest bank – Santander,... read more

03 Feb 15 @ 15:32

The PPRO Group, has partnered with Inpay, the FCA & FINMA regulated bank payments company, to offer global bank transfers from February 2015. Through the PPRO Group, Inpay will enable... read more

03 Feb 15 @ 10:56

A new report has identified the UK as the world leader in e-commerce. Robust broadband and mobile networks, widespread adoption of smartphones and the UK’s love of shopping have combined to give... read more

02 Feb 15 @ 16:20

A new survey has revealed that retailers are more focused on online security than online POS revenue loss. Up to 10% of international customers abandon their basket at the point of payment,... read more

02 Feb 15 @ 16:13

Four bits of credit card metadata is capable of re-identifying nearly 90% of the people, warns a study carried out by Massachusetts Institute of Technology (MIT) researchers. For the purpose of... read more

02 Feb 15 @ 16:04

Nearly two million people have registered for Paym, with the potential to link every current account in the country with a phone number, new figures released by the service show. The mobile payments... read more

02 Feb 15 @ 10:48

Since January, consumers in China are able to receive remittances through the Western Union Money Transfer service from abroad in minutes at select Bank of China branches and sub-branches throughout the country. Western... read more

02 Feb 15 @ 10:39

The Brand Finance Banking 500, conducted by leading brand valuation and strategy consultancy Brand Finance, and published in the February edition of The Banker, is a league table of the... read more

30 Jan 15 @ 11:06

Bharti Airtel, India’s leading telecoms operator, has applied for a banking license, in a potential breakthrough for the country’s under-developed mobile-banking industry. The first telecoms group to declare its intention... read more