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UK authorities hit Shylock malware

15 Jul 14 @ 13:38

A cybersecurity threat known as Shylock has been disrupted thanks to an international operation, the UK’s National Crime Agency (NCA) is reporting. Shylock was said to have been installed on... read more

EU Banking Authority warns financial institutions to avoid virtual currencies

15 Jul 14 @ 13:08

Europe’s Banking Authority has warned its financial institutions to avoid dealing in Bitcoins and other virtual currencies until a forthcoming regulatory regime has been established. It also laid out various elements that... read more

Retail mobile apps slow to adopt payment functionality

15 Jul 14 @ 12:58

In recent years, major retailers have embraced the use of “smart” technology in store fronts. From using tablets at the checkout counter to mobile credit applications, retailers are developing creative... read more

Barclays to roll out of voice biometrics to 12m customers

11 Jul 14 @ 11:24

Barclays plans to expand its use of voice biometrics to streamline authentication when clients call the bank, but the technology is still not widely trusted or understood. Barclays has been... read more

Europe embraces contactless purchases

11 Jul 14 @ 11:05

Throughout 2013 Visa cardholders used their contactless cards to make more than 94.3 million purchases in the UK compared to just under 25 million contactless purchases in 2012. Contactless purchases... read more

Visa Europe sees end of payment cards

09 Jul 14 @ 15:36

Visa Europe is predicting an end to plastic payment cards as changing consumer preferences and new technologies take hold. The network is looking at how to overhaul security standards and... read more

Mt. Gox CEO sells bitcoins.com domain

09 Jul 14 @ 15:31

Mt. Gox CEO Mark Karpeles is putting the domain name bitcoins.com up for sale and states that the proceeds will be used to reimburse users of the bankrupt currency exchange.... read more

Ingenico Payment Services opens up Belgium web shops to mobile payment

09 Jul 14 @ 09:09

Ingenico Payment Services, previously Ogone, has signed an agreement with Seamless regarding the mobile wallet SEQR. Its mobile payment services can now be offered to the thousands of Belgian web... read more

ISIS and Isis undertake rebranding

08 Jul 14 @ 16:38

As if the Isis mobile wallet venture was not suffering enough problems due to sluggish customer uptake, it has now been forced to rebrand itself in order to avoid confusion... read more

Monitise share price slumps on revenue slash

08 Jul 14 @ 16:32

Global mobile money specialist Monitise has seen its share price plummet more than 15% today after the company issued a trading update stating that its revenue growth this year would... read more

Diebold and Wincor Nixdorf create ATM security association

08 Jul 14 @ 16:29

ATM manufacturers Diebold and Wincor Nixdorf have decided to put competitive differences aside in order to form an ATM security association. The two have come together as criminals renew their... read more

Global alternative payment methods 2014

08 Jul 14 @ 09:03

A new report on alternative payment methods worldwide states that in North America, cards accounted for almost three quarters of B2C E-Commerce transactions, with digital wallets being the largest alternative... 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