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Data privacy issues stall Australian Open Banking roll out

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

Travelex being held to $3 million ransom by cyber criminals

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

Are payment cards still rising?

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

Fighting fraud in the 2020s

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

Financial identities for world’s unbanked would add $250 billion to global GDP

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

Authorised Push Payment Fraud (APP Fraud): The perfect storm

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

A 2020 forecast on the banking and payments industry

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

9 trends reshaping banking in 2020: #1 the business model changed

20 Dec 19 @ 11:00

In an exceedingly commoditised market, banks are beginning to make clear bets to become leaders in scale, value, customer experience or product / service excellence. Some are turning into specialist... read more

9 trends reshaping banking in 2020: #2 Citius, altius, fortius with Agile

20 Dec 19 @ 10:00

A truly agile organisation in 2020 and beyond will be a sum of various self-learning, self-healing, and self-evolving parts, each of which works in tandem with the other through suitable... read more

9 trends reshaping banking in 2020: #3 Automation alive and well

20 Dec 19 @ 09:00

The outlook for automation in 2020 and beyond remains strong, amid continuing pressure on margins. And RPA is one technology that most banks have deployed successfully. Some progressive banks are... read more

9 trends reshaping banking in 2020: #4 The bank of the millennial

19 Dec 19 @ 11:00

As AI and automation become more deeply entrenched in the banking organisation, it will be the responsibility of the human workforce to compound value through critical thinking, collaboration, creativity, and... read more

9 trends reshaping banking in 2020: #5 Technology and consumer engagement

19 Dec 19 @ 10:00

Leaders, fast followers, and mainstream players all recognise that data, advanced analytics, and artificial intelligence technology will be at the centre of consumer engagement and consequently market success over the... read more

Trending

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

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more