Daily News

13 Jan 20 @ 15:00

MyBank, the pan-European payment platform that allows users to pay online via immediate bank transfer through their internet banking, closed out a record year reaching more than €15 billion in... read more

10 Jan 20 @ 17:19

Firms need to take action now as new Fifth Money Laundering Directive rules aimed at tackling money-laundering came into force today (Friday 10 January). These place increased importance on the... read more

09 Jan 20 @ 20:43

The cyber attack on foreign exchange provider Travelex demonstrates the growing threat of ransomware and is a warning that financial services firms need to step up their security, according to... read more

09 Jan 20 @ 20:22

The People’s Bank of China, it’s central bank says it has accepted an application from a unit of American Express regarding starting operations in China – clearing a major hurdle... read more

08 Jan 20 @ 14:12

JPMorgan has become the first major bank to crack down on FinTech apps using customer passwords to access their bank accounts, forcing tougher security standards via token after Jamie Dimon... read more

08 Jan 20 @ 13:31

In a sensible setback, the Australian Competition & Consumer Commission (ACCC) has delayed the roll out of  Open Banking reforms in Australia by six months, because of the consumer regulator’s... read more

07 Jan 20 @ 15:19

On Thursday the 2nd January the Travelex sites went down after the foreign currency service discovered it had been hit by a software virus. The company said it had immediately... read more

07 Jan 20 @ 13:39

Developments in technology leading to contactless payment cards have led to several trends in the past years. POS payments grew stronger while cash withdrawals at ATM by card declined; card... read more

07 Jan 20 @ 12:45

Payment fraud prevention is an increasingly complicated and constantly evolving business. Issuers and merchants everywhere are being challenged by a growing variety of payment methods, which are fuelling the rise... read more

06 Jan 20 @ 17:08

A new report projects that establishing financial identities for the world’s financially excluded – or “unbanked” – population would add an extra $250 billion to global gross domestic product (GDP),... read more

06 Jan 20 @ 13:28

The Digital Revolution is changing our lives every day, but human nature does not change, and with every technological advance, new crimes emerge. As digital makes deeper inroads into our... read more

06 Jan 20 @ 09:56

According to Bloomberg’s analysis of United Nations’ data, Generation Z this year comprises 32% of the global population. By 2020, Gen Z consumers will have a greater impact on global... read more