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Ransomware attacks surge by over 150% in 2021

23 Aug 21 @ 14:13

Businesses and people around the world suffer ransomware attacks every day. Exceptionally since the pandemic started, we hear more and more about hackers abusing vulnerabilities. According to the data presented... read more

The value of cloud-based payments

23 Aug 21 @ 12:12

Two decades into the 21st Century, we have become accustomed to having every convenience at our fingertips exactly when we want it. In many ways that extends to our finances,... read more

PayPal allows UK users to buy and sell cryptocurrencies

23 Aug 21 @ 12:11

PayPal has announced that UK users can now buy, hold and sell cryptocurrencies through the payment platform for the first time, the service launched in the US in 2020. The... read more

Australian Payments Network reports increase in card fraud

20 Aug 21 @ 13:48

New data released by the payments industry self-regulatory body, Australian Payments Network (AusPayNet), has shown a slight increase in online card fraud in 2020 as the shift to online payments... read more

BLIK sees huge increase in the popularity of P2P instant payments

20 Aug 21 @ 13:18

From April to June 2021, BLIK users completed nearly 176 million transactions worth PLN 24 billion. At that time, the number of BLIK’s P2P instant payments was growing the fastest... read more

Bank of America sets record for patents granted during H1 2021

20 Aug 21 @ 13:00

Bank of America has recorded the most patents granted in H1 of any year in the company’s history. The U.S. Patent Office (USPTO) granted the bank 227 patents during H1... read more

Mastercard set to fight £10 billion interchange fees class action in UK

19 Aug 21 @ 13:26

A £10 billion ($14 billion) class action against Mastercard for unfair interchange fees, in which the claimants say 46 million British adults could be eligible for roughly £300 each if... read more

Facebook digital wallet Novi ready for market launch

19 Aug 21 @ 11:06

Facebook has announced it will launch the Novi digital wallet tied to the Diem blockchain-based payment system, having received the necessary regulatory clearances. David Marcus, chief of Facebook’s financial services... read more

Infographic: Cryptocurrency at POS as a means of payment

19 Aug 21 @ 10:44

As is widely known, PayPal and Square have announced they are accepting cryptocurrency at POS as a means of payment, while Visa and Mastercard have also recently confirmed they will... read more

New solutions that revolutionise virtual card payments

19 Aug 21 @ 10:19

As banking and payment processes are becoming more and more digitised, companies are finding ways to merge different financial systems into one with minimal effort and money as they are... read more

2021 Debit Issuer Study confirms accelerated transformation to Debit

18 Aug 21 @ 13:14

The 2021 Debit Issuer Study, commissioned by Discover Financial Services, portrays a debit market evolving with the rapid transformation of commerce. Response to the COVID-19 pandemic prompted US consumers to make... read more

M1ST: Mobile payments network with 5.7 billion accounts launches

18 Aug 21 @ 12:10

Boku has announced the launch of the M1ST (aka Mobile First), the “world’s largest mobile payments network”. The M1ST Payments Network features an unrivalled 330+ mobile payment methods, including mobile wallets,... read more

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Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more