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Stolen credit card testing increases 200% in 2017 exacerbating e-commerce fraud

04 May 17 @ 16:02

With RBTE just around the corner, released data from Radial’s  e-commerce fraud technology lab adds another alarming statistic for retailers to contend with when delivering a seamless customer experience. To date... read more

Banks at risk of missing the open banking opportunity

04 May 17 @ 15:51

Monitise FINkit has announced the key findings from its research into senior banking executives’ priorities, challenges, and future plans surrounding open banking. The study, carried out by independent researchers LM Research,... read more

Why did JPMorgan leaves blockchain consortium R3?

04 May 17 @ 15:43

The news that JPMorgan Chase left the R3 blockchain consortium speaks to the challenges ahead for any consortium whose aim is to get multiple financial institutions to agree on a shared technology set.... read more

Competition increases for China’s $5.5 trillion mobile payment market

03 May 17 @ 14:33

China’s mobile payment market is more than 50 times bigger than that its US counterpart sitting at $5.5tn and is now being shaken up by its underdog Tencent, which is snatching market... read more

Cyber security: The targeted attack landscape in 2016

03 May 17 @ 11:48

A new cyber security report revealed new levels of ambition in 2016, a year marked by extraordinary attacks, including multi-million dollar virtual bank heists, overt attempts to disrupt the US electoral... read more

Apple rumoured to be in talks to launch Venmo alternative – Apple iCash?

03 May 17 @ 09:45

Apple is once again rumoured to be building its own money-transfer service to take on the likes of Venmo. The company has recently held discussions with payments industry partners about introducing its... read more

Unencrypted payment card data – your oganization’s risk of a data breach Infograph

28 Apr 17 @ 15:56

Since 2010, SecurityMetrics PANscan discovered over 1.5 billion unencrypted primary account numbers (PAN) on business networks. Storage of unencrypted payment card data increases your organization’s risk and liability in the... read more

Cashless Society: ATMIA hits back with “Access to Cash – Financial Inclusion” paper

28 Apr 17 @ 13:38

ATMIA has hit back at the cashless society  movement and published a new study on the role cash plays in financial inclusion. Entitled, “Access to Cash: the First Step toward... read more

Complaints to FCA against UK finance groups hits 5-year high

28 Apr 17 @ 13:16

The FCA says that UK financial institutions have recorded nearly 3m complaints over their products or services in the last six months of 2016. The figures, published on Wednesday, provide a snapshot... read more

Danish banking collective launches nationwide mobile payments Bokis

27 Apr 17 @ 10:21

A Danish banking collective, named Bokis, has become the first to offer a mobile payments product using the highly popular national debit card, Dankort. Bokis consists of 62 banks from the small... read more

The future of identity and authentication – a bank perspective

27 Apr 17 @ 09:44

Connectivity is changing the world and the way we interact with one another. Last year, figures showed that the global population owned around 6 billion connected devices, approaching one for... read more

Cashless society: decline in cash use continues across Europe, the USA and Australia

26 Apr 17 @ 16:34

Money has taken on many forms over millennia; our relationship with currency often alters along with it. Lately, a key theme has been technological change to a cashless society: notes... read more

Cashless society: Australian merchants’ cash receivables to drop below 2% by 2022

26 Apr 17 @ 12:01

Australian merchants have reported that cash receivables plummeted by 46% between 2010 and 2016, new research from market analysts East & Partners has found. Should this trend continue, cash payments... read more

Entrust Datacard partner to improve Payment Data Security worldwide

26 Apr 17 @ 11:53

Entrust Datacard announced that it has joined the PCI Security Standards Council as a new Participating Organization to work on payment data security worldwide. Entrust Datacard will work with the Council to... read more

Dutch banks join forces to launch all-in-one mobile payments app Payconiq

25 Apr 17 @ 14:23

Six of the major Dutch banks – ABN Amro, ASN Bank, ING, Rabobank, Regiobank and SNS – say they will launch Payconiq, a mobile payments app this summer. The app,... read more

Social network payments now reach nearly $3 trillion in China

24 Apr 17 @ 14:09

A new UN study reveals that social network payments through Alipay and WeChat Pay enabled $2.9 trillion in Chinese digital payments in 2016, representing a 20-fold increase in the past four... read more

BBVA complete blockchain based money transfer pilot with Ripple

21 Apr 17 @ 16:42

BBVA just completed the first real-life implementation of an international money transfer using Ripple’s new Distributed Ledger Technology (DLT). The transaction, running on BBVA infrastructures with real money, successfully completed... read more

Visa’s $20 billion European expansion beginning to pay off

21 Apr 17 @ 16:10

Visa Inc. acquired Visa Europe, spent a lot, and says it has no regrests. Revenue climbed more than analysts expected in the fiscal Q2 and is expected to increase to the upper end of... read more

Trending

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more

Bank of England Warns DLT Complexity in Settlements

18 May 26 @ 17:07

The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more

Visa announces €500 Million European Investment Signals Strategic Response to Payments Sovereignty Push

31 May 26 @ 12:59

The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions acros... more