Daily news

03 Oct 14 @ 10:37

Having strongly denied a second round of cyber hacking as reported in the New York Times, the embattled bank has released figures on the breach. On Thursday, citing “several people”... read more

02 Oct 14 @ 13:45

FIS, the world’s largest provider of banking and payments technology solutions announced it has completed its acquisition of Clear2Pay. The transaction brings new corporate payment solutions and services, inclusive of high-... read more

02 Oct 14 @ 12:59

MasterCard has launched  SafetyNet, a global tool designed to reduce the risk of cyber hacking of banks and processors. SafetyNet is designed to use the power of MasterCard’s global network, to... read more

02 Oct 14 @ 12:30

Boku, having secured a European e-money license, is partnering with three of the UK’s leading wireless operators to expand carrier billing capabilities into the fully-regulated mobile payments market. Boku is... read more

01 Oct 14 @ 11:14

The German central bank says it is working on a new XML-based infrastructure for debit card clearing transactions for the country’s financial institutions. The central bank will work with EBA Clearing... read more

01 Oct 14 @ 10:15

Dwolla has raised $9.7 million in a further funding round. The highly rated startup set out to build a scalable, global payment network capable of taking on national automated clearing... read more

01 Oct 14 @ 09:56

Reddit, the self styled “front page of the internet”, has raised $50 million in Series B on a $500 million valuation with intentions to give back 10% of the round’s equity to... read more

30 Sep 14 @ 14:22

Non-cash payments volumes are expected to grow 9.4% to reach 366 billion transactions in 20131, fueled by strong growth in developing markets and the use of credit (up 9.9%) and... read more

30 Sep 14 @ 13:16

In an unsurprising move, despite best efforts to keep the companies joined, eBay announced it will split its PayPal unit into a separately traded company in 2015. The separation will... read more

30 Sep 14 @ 12:32

According to figures released by Financial Fraud Action UK (FFA UK) card fraud and remote banking fraud increased during the first six months of 2014. The intelligence behind the figures... read more

30 Sep 14 @ 11:50

The threat of malware is growing faster and faster and creating more and more issues across numerous industries – including the payments industry. Malware exploit kits are simple to use,... read more

29 Sep 14 @ 15:00

As more consumers and employees use their smartphones and tablets, the risk of payment fraud stemming from those devices increase for small- and medium-sized businesses, warns a new report from... read more