Issuing & Acquiring

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

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

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

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

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

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

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

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

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

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

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