Daily news

23 Aug 22 @ 15:31

Request to Pay (R2P) is a hot industry buzzword. While still in its infancy, Request to Pay promises greater control and faster settlement for consumers and businesses alike. Payments Cards... read more

23 Aug 22 @ 14:23

A new study has found the global number of NFT (Non-fungible Token) transactions will rise from 24 million in 2022 to 40 million by 2027. This is based on a... read more

23 Aug 22 @ 09:19

The New York State Department of Financial Services (DFS) has issued a new Regulatory Guidance, setting foundational criteria for USD backed stablecoins used by DFS-regulated entities. This represents the first US... read more

22 Aug 22 @ 13:53

2022 has been a tumultuous year for cryptocurrency markets, with significant price declines across all currencies in May and June. While there’s no telling if we’ve reached the bottom, as... read more

22 Aug 22 @ 12:30

In August 2020, Citibank mistakenly used its own money to repay a $900 million term loan it administered on behalf of Revlon that was held by multiple asset management groups.... read more

22 Aug 22 @ 10:58

The discipline of fraud prevention has changed dramatically over the past five years and continues to evolve rapidly. Consequently, former truths about fraud prevention are increasingly becoming outdated myths. In... read more

19 Aug 22 @ 14:08

Cybercriminal gangs launch ransomware attacks to encrypt businesses’ sensitive data and get paid a significant ransom. Sometimes hackers even use a method called double extortion. They threaten the organization to... read more

19 Aug 22 @ 13:42

In Q2 2022, BLIK users completed 292 million transactions worth PLN 38.7 billion (€8.14 billion). At that time, the number of payments in traditional payment terminals was growing the fastest... read more

19 Aug 22 @ 13:16

Earlier this year Viva Technology unveiled its predictions for Europe’s top 100 scale-ups: ​​the “futurecorn” companies on track to become unicorns in the near future, with the UK having more... read more

17 Aug 22 @ 09:00

In a new white paper, transaction security specialists Ondato explain why the rapid development of Open Banking across Europe means banks, merchants and PSPs must turn to smarter, joined-up KYC... read more

16 Aug 22 @ 16:34

A year ago, the Economist Intelligence Unit (EIU) published a white paper, Going digital: payments in the post-Covid world, that showed how digital channels were replacing traditional modes of payments... read more

16 Aug 22 @ 13:25

Customers around the world made 69 billion cash withdrawals in 2021. This marks a small increase on 2020, a year with particularly low demand for cash as COVID-19 lockdowns kept... read more