E-Money

01 Sep 16 @ 09:12

Consumer-merchant engagement is fundamentally changing, becoming more digital and more open. Shoppers from all age groups increasingly purchase goods and services at home, at work, or on the go, via... read more

31 Aug 16 @ 13:02

The rise of third-party m-payments in China at the expense of credit and debit cards is threatening commercial banks’ access to the customer data viewed as crucial to newly emerging... read more

31 Aug 16 @ 12:17

30 Aug 16 @ 13:15

Financial technology groups from more than 20 cities across the world plan to form a federation of ‘FinTech’ hubs this year in what would be the first attempt to coordinate innovation... read more

16 Aug 16 @ 17:25

16 Aug 16 @ 17:13

Sometime it is difficult enough for the industry to keep up with new technology threats and opportunities domestically, let alone regionally or internationally. Given the frenetic pace with which new technology... read more

15 Aug 16 @ 13:13

The PCI Security standards council (PCI SSC) has published an update to its global data security standard. Version 3.2 replaces version 3.1 to address growing threats to customer payment information. “We’ve... read more

12 Aug 16 @ 11:14

In an Opinion issued yesterday, the EBA welcomed the Commission’s proposal to bring virtual currency exchange platforms and custodian wallet providers within the scope of the 4th Anti-Money Laundering Directive.... read more

12 Aug 16 @ 10:30

Although mobile wallets are a relatively new form of payment, nearly 3 in 10 consumers (29%) expressed a willingness to adopt this emerging payments alternative in the next six months,... read more

04 Aug 16 @ 10:06

Unicredit Business Integrated Solutions (UBIS)  and SIA have signed an agreement for the sale to the latter – for the sum of €500 million – of the processing activities of... read more

03 Aug 16 @ 09:24

The Bitcoin price crashed yesterday after one of the digital currency’s biggest exchanges revealed it had been hacked and bitcoins stolen. Hong Kong-based Bitfinex announced the security breach and froze all customer accounts late on... read more

22 Jul 16 @ 10:40

The Russian Ministry of Finance are reported to have begun discussions to treat cryptocurrencies, including Bitcoin, as a foreign currency. This action follows the Party of Growth proposal —a political party... read more