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Cyber crime costs UK economy £6.8 billion

11 Aug 14 @ 12:13

The cost of cyber crime to the UK economy amounted to $11.4 billion (£6.8 billion) in 2013, or 0.16% of the country’s GDP, a report from the Centre for Strategic... read more

Point of Sale (POS) forecast report

11 Aug 14 @ 12:04

At 93% of total US retail dollar volume, the point of sale (POS) retail market towers above the online market and will continue to do so for years to come.... read more

Analytics and loyalty will drive proximity payments growth

11 Aug 14 @ 11:53

Mobile proximity payments have to date proven lacklustre and despite hundreds of millions spent on developing these platforms, consumer take-up remains low. While the reasons for this are many, the... read more

Mobile payments go beyond mainstream

11 Aug 14 @ 10:48

According to research by IDC, 1.5 billion smartphones will be in use globally by 2017 and consumers will be doing more than ever on them. As a result, more businesses recognise... read more

IBM uncovers Android banking vulnerability

08 Aug 14 @ 14:14

The message for Android is increasingly bleak in the context of security. After Android malware hits South Korean mobile banking customers and Android cyberattacks on 34 European banks it now... read more

Mobile payments to India through Pingit service

08 Aug 14 @ 13:53

Barclays has launched new functionality allowing mobile payments to India through its Pingit mobile payments service in the UK, opening it up to the largest remittance market between the UK and another... read more

SecureNet launch global infrastructure for international payments

08 Aug 14 @ 13:44

SecureNet unveiled plans to launch an innovative global infrastructure built around its cloud-based PayOS platform, which will allow for fully integrated international payment processing. Merchants of all sizes will be... read more

Security fears throttling mobile financial services

07 Aug 14 @ 15:27

A leading digital identity expert has revealed the results of its new research The Rise of the Identity Centric Economy which found that 53% of UK consumers would never use... read more

Mobile Payments and Fraud Survey

07 Aug 14 @ 12:19

The Mobile Payments & Fraud Survey: 2014 Report is the second annual installment of this study highlighting the growth, opportunity, obstacles, preferences and priorities identified by Merchants, Service Providers, Acquirers, Card Associations and Issuers operating in the mobile channel. This year’s Mobile Payments & Fraud Survey builds on the success of last year’s inaugural version by showing new trends and findings, while also providing a longitudinal perspective on how mobile has changed in only 12 months.

Payments incubator specialist Rocket Internet €333m investment for emerging markets

07 Aug 14 @ 11:36

Rocket Internet, a German company that incubates technology startups, has announced that Philippine Long Distance Telephone Co. will buy a 10% stake in the company for €333 million ($446 million).... read more

Australians embracing digital payments

06 Aug 14 @ 15:03

The Milestones Report released today by the Australian Payments Clearing Association, the payments industry self-regulatory body, shows that as with cheques, Australian consumers are increasingly giving up cash in favour... read more

Paym hits 1 million users for mobile payment service

06 Aug 14 @ 14:43

More than 1 million people have registered for a new mobile payment service which has the potential to eventually link up every current account in the country with a phone... 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