Daily News

Showing Latest Daily News

Why the EU delivered an AI strategy to support business and citizens

28 Feb 20 @ 09:24

The European Commission recently unveiled a detailed set of proposals that it hopes will establish the region as a leader in AI (artificial intelligence) by focusing on trust and transparency.... read more

The Riksbank in Sweden launches e-krona pilot

26 Feb 20 @ 17:36

The Swedish central bank has announced a trial for an e-krona targeted at the general public. The solution is developed by Accenture using the Corda enterprise blockchain. The central bank... read more

Global mobile wallet market value set to reach $1 trillion in 2020

26 Feb 20 @ 11:29

According to new data, the entire mobile wallet market is set to become a $1 trillion worth industry in 2020, growing by a massive 36.5% year-on-year. The strong rising trend... read more

US e-commerce market slowing with growth slipping to 6.4%

26 Feb 20 @ 11:03

US e-commerce retail sales grew significantly slower year over year in January 2020 than in December and for 2019 overall, according to the U.S. Department of Commerce advance monthly figures.... read more

Intuit agrees $7.1 billion price tag to acquire Credit Karma

25 Feb 20 @ 12:45

Intuit, which already owns TurboTax and QuickBooks, has agreed to buy credit report provider Credit Karma for $7.1 billion as consolidation sweeps the financial technology industry. The deal highlights the... read more

Elavon to sell Mexican acquiring operation to Santander

24 Feb 20 @ 09:25

Elavon says it will divest its Mexico-based operations to Santander. The deal, subject to regulatory approval, is expected to close in the next few weeks. Elavon currently provides payment processing... read more

Apple Pay set to account for 10% of all global card transactions by 2025?

21 Feb 20 @ 16:11

Apple’s mobile wallet is growing very fast and taking a chunk of card payments around the world with it. Apple Pay accounts for about 5% of global card transactions and... read more

RANKED: The countries most at risk of cyber crime

21 Feb 20 @ 12:25

The severity of cyber-breaches and cyber crime has become more and more intense in recent years. As a result, security experts at Specops Software sought to find out which (Western)... read more

Why banks and merchants must consider local and alternative payments

21 Feb 20 @ 12:14

As an online merchant, it can be hard enough to get the basics right – from choosing the best vendors to power your online store, through to the endless demands... read more

Russia’s MIR payment network expands into Tajikistan

21 Feb 20 @ 12:07

The acceptance of MIR National Payment System cards has been announced in Tajikistan, opening up access to Russians who live in, or travel to, the country. Other countries where MIR... read more

Global technology companies face probe into deals going back a decade

20 Feb 20 @ 11:14

Amazon, Apple, Alphabet, Facebook and Microsoft are facing a new wave of scrutiny over whether they stifled competition by buying up smaller rivals. The Federal Trade Commission has asked the firms... read more

Asia Pacific – Time to rethink your fraud management strategy?

19 Feb 20 @ 10:10

According to PwC’s 2018 Global Economic Crime and Fraud Survey, 61% of banks across the globe experienced an increased volume of external fraud in 2018, with 59% stating that the... read more

Trending

UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

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

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