Issuing & Acquiring

18 Apr 17 @ 13:39

Swift has revealed a service designed to help banks spot fraudulent messages and avoid a repeat of the now infamous Bangladesh Bank hack. Customers are able to integrate the service directly into... read more

18 Apr 17 @ 10:53

Following four consecutive quarters of more than 5 billion electronic payments in each quarter – a first for the ACH Network – overall volume in 2016 amounted to 25.6 billion... read more

12 Apr 17 @ 12:50

Hong Kong’s  central bank, the Hong Kong Monetary Authority is reported to be developing a prototype digital currency. The disclosure came in a Hong Kong legislative document published by the Legislative Council Panel... read more

12 Apr 17 @ 12:22

The future of payments won’t be about payments, it’ll be about data. Specifically the contextual data that travels with payment, rather than the payment message itself. Payment will cease to... read more

11 Apr 17 @ 15:10

Mastercard says the UK’s Competition & Markets Authority’s decision has cleared the way for the completion of the company’s planned acquisition of VocaLink. The CMA gave final approval for the proposed set... read more

11 Apr 17 @ 12:13

Open innovation is undoubtedly one of the drivers behind PSD2. However, the trend towards open banking and APIs is a global one that goes beyond European legislation. And effects more... read more

06 Apr 17 @ 17:17

Security scans performed on 60,000 Magento websites, the most popular e-commerce platform, show that 78% are missing critical security patches, while 5% are confirmed to have payment card data harvesting... read more

06 Apr 17 @ 16:37

Jamie Dimon, the CEO of JP Morgan Chase has come out in support of Donald Trump’s move to relax financial regulations, saying that the slew of new rules put in... read more

04 Apr 17 @ 11:54

The 2016 Breach Level Index Report has been published revealing that cyber criminals managed 1,792 data breaches leading to almost 1.4 billion data records being compromised worldwide during 2016, an increase... read more

04 Apr 17 @ 11:04

With all the talk about open access, open banking and open APIs, it’s open season on ‘open’ in financial services at the moment. The PSD2 is driving the ‘open’ agenda... read more

03 Apr 17 @ 13:08

The UK’s FCA has set out measures to tackle contactless card fraud on contactless cards which have been reported lost or stolen. In a letter to the Treasury select committee, the... read more

03 Apr 17 @ 12:14

Last year Experian reported that 2016 e-commerce fraud attack rates were on pace to surpass the 2015 totals. At the time, the fraud attack rates for the first half of 2016 appeared to... read more