E-Money

Showing Latest E-Money

MyBank transaction volume exceed €15 billion

13 Jan 20 @ 15:00

MyBank, the pan-European payment platform that allows users to pay online via immediate bank transfer through their internet banking, closed out a record year reaching more than €15 billion in... read more

Travelex being held to $3 million ransom by cyber criminals

07 Jan 20 @ 15:19

On Thursday the 2nd January the Travelex sites went down after the foreign currency service discovered it had been hit by a software virus. The company said it had immediately... read more

A 2020 forecast on the banking and payments industry

06 Jan 20 @ 09:56

According to Bloomberg’s analysis of United Nations’ data, Generation Z this year comprises 32% of the global population. By 2020, Gen Z consumers will have a greater impact on global... read more

9 trends reshaping banking in 2020: #1 the business model changed

20 Dec 19 @ 11:00

In an exceedingly commoditised market, banks are beginning to make clear bets to become leaders in scale, value, customer experience or product / service excellence. Some are turning into specialist... read more

9 trends reshaping banking in 2020: #7 Public cloud for flexibility

18 Dec 19 @ 10:27

Declining apprehension against the public cloud, a rapidly growing market for SaaS solutions, and the widespread adoption of cloud as the preferred environment for workload execution. Clear signs that cloud... read more

Merchant acquirer report: Merchant services up for a challenge in 2020

11 Dec 19 @ 15:16

If merchant acquirers are to outperform increasing competition from new entrants, they must leverage platforms that integrate digital value-added apps and services from third parties rather than try to integrate... read more

ECB wants plans to develop a central bank digital currency

29 Nov 19 @ 16:02

The European Central Bank says it is exploring whether to develop a central bank digital currency (CBDC) as an alternative to cash. One of ECB’s most prominent board members warns... read more

Have yourself a Merry SCA-Mas…?

29 Nov 19 @ 09:00

E-commerce sales always explode at Christmas. This year, analysts predict the highest volumes ever for online shopping – and online fraud. Though the EU created SCA to combat online fraud,... read more

Consumers want it all: High security, minimal friction digital experiences

26 Nov 19 @ 09:16

A new report commissioned by Ekata reveals that a majority of consumers demand trust, security, and data privacy, and also expect their digital experiences to be fast and frictionless. For... read more

Black Friday: E-commerce attacks rise by 15%

25 Nov 19 @ 15:35

As Black Friday continues to grow in popularity, online shoppers are more likely to be the victim of cyber-attacks, a new report from Kaspersky has revealed. E-commerce attacks targeted directly... read more

The hashtags that could land you in jail

22 Nov 19 @ 09:26

Research from Santander and former fraudster Tony Sales has exposed the dangerous hashtags on social media being used by criminals to recruit innocent – and particularly young – people into... read more

Only 9% of the world’s top tier banks are effectively monetising payments data

19 Nov 19 @ 15:54

Only 9% of the world’s top tier banks are effectively monetising payments data. The findings from Aite Group’s report “The Payments Transformation Race: Criteria for Success”, commissioned by Icon Solutions,... read more

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Legacy infrastructure leaves Banks unprepared for real-time

06 Jul 26 @ 20:34

European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and m... more

Visa expands AI and Cybersecurity strategy in Europe

07 Jul 26 @ 19:13

Visa has unveiled a new cybersecurity platform designed to help financial institutions identify threats before they develop into fraud, while simultaneously rev... more

Swedish court orders Google to pay Klarna-owned PriceRunner

07 Jul 26 @ 19:13

Google has been ordered to pay approximately $1.97 billion in damages to PriceRunner, the price comparison platform owned by Klarna, following a landmark compet... more