17 May 24 @ 16:06
The current interest in generative artificial intelligence (AI) has caused some to conclude that we may see a new wave of AI-enabled fraud. However, the payments industry shouldn’t overestimate the... read more
17 May 24 @ 15:55
Amidst the not so friendly rumblings within the Spanish banking sector, Iberpay and Santander have signed up to become the inaugural participants in the One-Leg Out (OLO) Instant Credit Transfer... read more
16 May 24 @ 16:59
The U.S. Faster Payments Council (FPC) has published a report titled, Navigating Instant Recurring Payments: Consumer, Business, and Financial Institution Perspectives. This comprehensive needs assessment offers strategic insights into the... read more
16 May 24 @ 16:20
Despite Britain announcing last week that it is officially out of recession, consumers continue to be wary and are increasingly turning to prepaid cards and adjusting their spending habits to... read more
16 May 24 @ 13:24
New data from The Global Payments Report 2024 from Worldpay shows Account-to-Account (A2A) payments thriving in emerging markets – as well as some developed markets. Around the world, A2A payments are... read more
15 May 24 @ 16:57
Payment providers are considering tokenization and blockchain-based decentralized finance systems to enhance transaction transparency, auditability and exploring various other use cases. Financial institutions and intermediaries are increasingly embracing the adoption... read more
15 May 24 @ 16:33
With the world now accustomed to completing business transactions in three seconds or less, there is an opportunity for bankers to consider central bank digital currencies as a platform for... read more
14 May 24 @ 17:13
Verizon Business has released the findings of its 17th-annual Data Breach Investigations Report (DBIR), which analysed a record-high 30,458 security incidents and 10,626 confirmed breaches in 2023—a two-fold increase over... read more
14 May 24 @ 17:00
Yesterday, the Eurosystem successfully completed the first experiment in using new DLT technologies for the settlement of wholesale transactions in central bank money. Initially, 16 private companies have been onboarded and... read more
13 May 24 @ 16:54
In a recent study conducted by Forrester on behalf of Fabrick titled, “Embrace Embedded Finance for Seamless Payment Success: A Spotlight on Europe,” valuable insights were obtained regarding the state... read more
13 May 24 @ 16:31
Just over three-quarters (76%) of banks surveyed believe fraud cases and scams have become more sophisticated, according to the new Mitek Systems Identity Intelligence Index 2024 conducted in January 2024.... read more
13 May 24 @ 16:08
Real-time or Instant Payments networks operate 24/7 and provide numerous advantages, across flexibility, enhanced security, cost reduction and instantaneity. They also enable almost immediate money transfers between accounts, enhancing transaction... read more
10 May 24 @ 15:43
Fans of embedded payments say they’re the future: financial services working in the background, or “embedded” in other commercial functions. For some time, developments in technology have been making payments... read more
10 May 24 @ 13:03
Experian announced the launch of Cashflow Attributes, a solution to help expand fair and affordable access to credit, particularly for thin-file and credit invisible consumers. With over 900 income, cashflow... read more
10 May 24 @ 12:51
Kaspersky has released its annual Financial Threats Report for 2023, offering a detailed analysis of the evolving financial cyberthreat landscape. The report reveals significant increases in mobile banking malware and... read more
09 May 24 @ 10:21
As new ways to pay come to the fore and cash takes a back seat, having a modern software infrastructure that can cope with online and mobile payments is vital... read more
08 May 24 @ 10:17
The financial services landscape is experiencing considerable political and macroeconomic turbulence, compelling clients to embrace new innovations and advancements to adapt to the evolving market. Organizations are also having to... read more
08 May 24 @ 10:02
National Australia Bank (NAB) have launched a new partnership with Banked to accelerate the number of Australian merchants adopting and integrating Pay by Bank, account-to-account (A2A) payments solutions. The partnership... read more
12 May 26 @ 15:44
Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more
05 May 26 @ 16:52
Banco Santander has reinforced its commitment to Ebury after taking part in a funding round of about £550mn for the cross-border payments and trade finance fin... more
06 May 26 @ 16:43
Royal Bank of Canada and Bank of Montreal are reportedly in talks to sell Moneris, their jointly owned payments processing business, to Francisco Partners, in a... more