Issuing & Acquiring

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New Visa Chargeback Rules – Visa Claims Resolution – coming in April 2018

26 Mar 18 @ 12:37

On April 15, 2018, Visa’s new rules on chargebacks, called Visa Claims Resolution or VCR will come into effect. This new program has already gone live in Hong Kong and... read more

ECB declines to extend assurances to UK banks for Brexit transition

26 Mar 18 @ 09:59

UK headquartered banks are still planning for a March 2019 departure from the UE after European regulators declined to offer any formal assurances for how business can be conducted during... read more

Real-time payments to drive revenue growth according to ASEAN benchmark data report

23 Mar 18 @ 15:47

ASEAN financial institutions are focusing increasing investment on payments modernisation, with real-time payments capabilities serving as the first step to digital transformation across consumer and corporate services, per new benchmark... read more

Amazon merchants sales: 25% are cross-border e-commerce transactions

23 Mar 18 @ 12:13

Amazon is making a cross-border e-commerce transactions push for merchants on its website to sell goods into other countries, setting the stage for greater competition with rival marketplaces run by... read more

What banks don’t get about the Open Banking API economy

20 Mar 18 @ 11:45

The Open Banking ecosystem can learn a lot from the smartphone operating system (OS) market. In particular, banks that are developing APIs in a bid to control the new ecosystem... read more

Chip and PIN cards remain consumers’ first choice for payments over contactless

20 Mar 18 @ 11:35

Online research from Equifax, shows that using a debit or credit card with a PIN number is still the preferred method of payment for 42% of people in the UK.... read more

The Open Banking API’s are coming – Report from Sibos

16 Mar 18 @ 16:26

There can be little doubt after this year’s Sibos that digital disruption drives new ecosystems, marketplaces and businesses; thus, changing the game for how banks connect to their clients and... read more

The battle against synthetic identity fraud

16 Mar 18 @ 16:13

In the 1982 sci-fi movie Blade Runner, Harrison Ford played Deckard, an ex-detective tasked to track down replicants — robots who were so lifelike that it was almost impossible to tell man from... read more

What is transaction laundering and what is the Industry doing about it?

15 Mar 18 @ 20:21

Transaction laundering has quickly evolved into one of the payment industry’s most prominent and most difficult problems. Transaction laundering — also previously known as “undisclosed aggregation” or “factoring” — occurs... read more

Dark Web Market Price Index

14 Mar 18 @ 15:25

That scammers are buying and selling your stolen personal info on the dark web and it’s not just credit card details is not new. However, with hacked dating profiles, streaming... read more

Global Shadow Banking monitoring now worth $45tn – Report

13 Mar 18 @ 15:53

The Global Shadow Banking Monitoring Report 2017 presents the results of the FSB’s annual monitoring exercise to assess global trends and risks from the shadow banking system. The 2017 monitoring exercise covers... read more

PayPal file patent to speed up cryptocurrency payments

13 Mar 18 @ 15:27

PayPal has reportedly filed a patent to speed up cryptocurrency transaction times by eliminating the verification time of the payment, however, some experts argue that this is already made possible... read more

Trending

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