Issuing & Acquiring

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Why the High Street banks should start to be concerned by the Challenger banks

05 Oct 18 @ 16:23

In the last couple of weeks two Challenger banks have hit the UK. N26 is a German direct bank, headquartered in Berlin, that offers its services throughout most of the... read more

Has Amazon Bank already arrived?

05 Oct 18 @ 10:58

It has long been predicted that Amazon would eventually make a move into banking. In March, Payments Cards and Mobile reported that the online retailer was in talks with J.P. Morgan to offer current... read more

$88.6 million of funds laundered through cryptocurrency exchanges

04 Oct 18 @ 12:46

A Wall Street Journal investigation has uncovered that $88.6 million in illicit funds have been transacted through 46 cryptocurrency exchanges. The WSJ reported that $9 million of the suspect funds went through crypto exchange ShapeShift.... read more

European Open Banking gets support from 40 leading financial industry players

02 Oct 18 @ 13:27

PRETA says that over 40 major European financial institutions and service providers have signed up to fund and complete PRETA’s pan-European PSD2 Open Banking access directory. With the delivery of... read more

FCA bares teeth – Tesco Bank fined £16.4m over “avoidable” cyber attack

01 Oct 18 @ 10:11

The UK’s financial regulator (FCA) has issued Tesco bank with a £16.4 million penalty over an online cyber incident that occurred two years ago, the first fine the FCA has... read more

2018 Data Breach Investigations Report

01 Oct 18 @ 09:24

Ransomware attacks are a key cybersecurity threat for global organisations, warns Verizon’s 2018 Data Breach Investigations Report (DBIR). Ransomware is the most common type of malware, found in 39% of malware-related data... read more

Faster payments – 40 countries live as global roll-out gathers pace

28 Sep 18 @ 10:47

2018 marks the fifth year of FIS’ report “Flavors of Fast”. It was originally inspired to capture the early but remarkable influences of faster payments schemes around the world. In... read more

First Data launches new fraud detection service – FirstSense

27 Sep 18 @ 09:36

First Data has launched a new anti-fraud detection service, FirstSense. It enables financial institutions to identify at-risk accounts across all card brands and prevent fraud. The newly launched platform combines... read more

Major global banks go mainstream on blockchain payments with Interbank Information Network

25 Sep 18 @ 10:45

75 of the world’s biggest banks are turning to the Interbank Information Network (IIN) a blockchain payments platform to fight the threat of new payments rivals in what will be... read more

Report: $110 trillion payments business faces next major wave of FinTech disruption

25 Sep 18 @ 10:10

The $110 trillion payments business is facing further and major disruption from the FinTech revolution that will upend the traditional financial services industry and create new opportunities for venture-backed companies... read more

SMART Payments: Step 3 – Managing the digital switch in a fragmented US market

25 Sep 18 @ 09:24

In September 2015, Entrepreneur Magazine pointed out to its readers that, at the time of writing, there were some 200 different ways to make electronic payments. To put that in its... read more

Report: Gen Z shoppers prefer in-store shopping over e-commerce

24 Sep 18 @ 16:38

As if life isn’t complex enough for retailers, as they struggle to implement the latest omni-channel experience for consumers and shoppers abandon the high streets, a new report has found... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more