Daily news

Showing Latest Daily news

FTC sues Walmart for facilitating money transfer fraud of hundreds of millions

30 Jun 22 @ 12:04

The Federal Trade Commission is to sued Walmart for allowing its money transfer services to be used by fraudsters, who fleeced consumers out of hundreds of millions of dollars. In... read more

Cost of Bots report – are we winning the war on bots?

29 Jun 22 @ 12:56

In 2021, Netacea published its Cost of Bots report. We already knew bots were a nuisance to both businesses and their customers—buying up stock, sniping auctions, scraping con and so... read more

UK Finance fraud report: Criminal gangs steal £1.3 billion

29 Jun 22 @ 12:33

UK Finance has released its latest fraud report covering 2021. The report shows the scale of fraud taking place as well as how criminals took advantage of people’s doubts and... read more

MENA goes cashless – but is consistency still an issue?

28 Jun 22 @ 16:36

The Middle East and North Africa (MENA) region is on a path similar to the rest of the world: declining cash use and increasingly sophisticated electronic payments. However, this simple... read more

Why the two most common approaches to PSD2 compliance don’t work

28 Jun 22 @ 16:27

It’s been two months since PSD2 enforcement started in the UK, and we have taken a look at data from merchants to see what patterns are emerging and what we... read more

European banks show excellent COVID recovery and record profits

28 Jun 22 @ 12:59

European banks reported their second-highest profits in 15 years as the sector overcame the tumul­tuous conditions created by the coronavirus pandemic. The strong performance was driven by the lowest level... read more

Innovations spark expectations – 88% abandon transactions if faced with friction

27 Jun 22 @ 17:13

New research into online payments reveals sky-high expectations for seamless, secure transactions as payment choice increases. The survey of 2,000 UK consumers found that new payment innovations are being embraced... read more

Business Payments Barometer – Fraud soars in cashless economy

27 Jun 22 @ 09:46

Bottomline has revealed that the shift to hybrid working has left businesses seriously exposed to insider fraud[1], with over half of businesses (52% in GB and 63% in the US)... read more

Understanding Authentication Vs Authorisation in the SCA era

27 Jun 22 @ 09:02

Since SCA (Strong Customer Authentication) was introduced for online retailers in the UK earlier this year, there have also been added complications for merchants when determining the most efficient and cost-effective... read more

Let’s get phygital – Why digital and physical banking will merge

24 Jun 22 @ 15:39

A free upcoming webinar by Payments Cards & Mobile and Giesecke and Devrient (G+D) invites payments professionals to join the debate about banking’s phygital future – that is, a fusion... read more

PCM Feature: Loyalty goes digital

24 Jun 22 @ 15:30

Credit card reward schemes have been in the doldrums for years. With “alt pays” such as account-to-account payments and crypto slowly replacing cards, we ask what’s happening to reward schemes,... read more

Would You Move Jobs For A 4-Day Working Week?

24 Jun 22 @ 09:45

If the idea of a four-day working week sounds like nirvana to you, then achieving ultimate employee enlightenment may not actually be that far off. Thanks to not-for-profit groups and... read more

Trending

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