Issuing & Acquiring

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Big banks waking up to potential of blockchain

30 Aug 16 @ 13:23

Having kept their distance from bitcoin, fearing the risks of fraud and criminality, big banks now see huge potential benefits from harnessing the blockchain to make the existing financial system... read more

20 global FinTech hubs form federation to push innovation

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

Millennials in the US ditching credit cards

30 Aug 16 @ 12:50

Data from the Federal Reserve indicates that the percentage of Americans under 35 who hold credit card debt has fallen to its lowest level since 1989, when the Fed began... read more

UK watchdog confirms investigation in Diebold Wincor Nixdorf ATM merger

30 Aug 16 @ 12:36

Just weeks after the $1.8bn takeover by Diebold of Germany’s Wincor Nixdorf was approved by shareholders and has already been cleared by competition authorities in a number of other countries, the UK’s Competition... read more

Whose regulation is it anyway and why it is so important

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

Cybercriminals exploit the Human Factor

16 Aug 16 @ 17:07

The use of zero-day exploits and advanced persistent threats to hack into organisations make for great news headlines. However the reality is much more mundane and low-tech. Cybercriminals are continuing to... read more

Global payment security standards updated

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

Global FinTech investment growth continues

15 Aug 16 @ 13:07

Investment in the financial technology (FinTech) sector worldwide grew by 75%, or $9.6 billion, in 2015 according to a recent report by Accenture. The growth was driven primarily by a 445%... read more

EBA response to Commission’s proposal on virtual currency and AML directive

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

3 in 10 consumers willing to use mobile wallets

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

US banks join forces to fight cyber crime

11 Aug 16 @ 16:50

Eight of the largest US banks are forming a group to tackle the growing cyber crime threat. The group includes J.P. Morgan Chase, Bank of America and Goldman Sachs, among others.... read more

The 2016 Debit Issuer Study: evolution of chip cards and mobile payments

10 Aug 16 @ 11:01

The 2016 Debit Issuer Study, commissioned by PULSE, takes stock of the debit industry’s shift to chip (EMV) cards and mobile payments. As a result of the October 2015 liability... read more

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Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more