Daily News

Showing Latest Daily News

Major life-threatening cyber attacks on UK ‘in little doubt’

18 Oct 18 @ 16:32

The National Cyber Security Centre (NCSC) has published its second annual review, revealing it has prevented Britain falling victim to nearly 1,200 cyber attacks in the past two years. It... read more

Global payments revenue to double from $1.1 trillion to $2.4 trillion in 2027

18 Oct 18 @ 14:21

Global payments remain one of the brightest spots in the financial services universe. Propelled by positive macroeconomic tailwinds, continuing technological advances, and expanding digital and non-cash mechanisms, global payments businesses... read more

Australia’s proposed anti-encryption law compels software “back doors”

17 Oct 18 @ 16:17

Apple, in a rare public protest, has exposed the Australian government’s proposed anti-encryption bill, calling it “dangerously ambiguous” and “alarming to every Australian”. The Access and Assistance Bill would see... read more

Open Banking: Opening up business everywhere

17 Oct 18 @ 15:13

Even though it’s early days for Open Banking there are already plenty of trailblazers offering new services.From Forex to rental accommodation, personal identification to loyalty schemes, many customer experiences are... read more

World Payments Report 2018: digital payments booming

16 Oct 18 @ 17:03

Digital payments are experiencing a boom, driven by developing markets, according to the World Payments Report 2018 launched by Capgemini and BNP Paribas. However, the innovation landscape in payments is uncertain as... read more

SWIFT expedite standardisation by creating financial sector API blueprint

16 Oct 18 @ 15:08

SWIFT has published a blueprint for common API standards following collaboration with European banking standards bodies, STET and Berlin Group NextGenPSD2 – who together represent many of the region’s banks... read more

PSD2: giving Merchants the upper hand around strong customer authentication

16 Oct 18 @ 12:57

The Second Payment Services Directive (PSD2) certainly covers a lot of ground, but one important and largely overlooked aspect is the requirement that: “strong customer authentication […] should be applied each... read more

European Payment Terminal Crime Report – Card fraud losses fall

12 Oct 18 @ 11:50

The European Association for Secure Transactions (EAST) has just published a European Payment Terminal Crime Report covering the first six months of 2018 which reports that losses due to card fraud... read more

UPI leads vibrant Indian mobile wallet rankings

12 Oct 18 @ 10:43

Unified Payments Interface (UPI) that allows for instant bank-to-bank fund transfers is gradually taking the lead over the vibrant mobile wallet market in India. A large chunk of P2P remittance... read more

Mastercard, AmEx and Worldpay join inaugural Cyber War Game

11 Oct 18 @ 13:54

Mastercard, WorldPay and AmEx were among the payment processors who took part in a ‘cyber war game’, in a bid to test their systems amid rising IT security threats. The... read more

Ingenico and Natixis eye strategic merger

11 Oct 18 @ 09:18

The French bank Natixis is reported to be reviewing a potential deal with Ingenico as the companies look to expand in the rapidly consolidating payments sector. In a statement today,... read more

The cashless society – Maintaining trust in the payment system

11 Oct 18 @ 08:54

There is no doubt that lack of trust in the payment system remains a fundamental obstacle to a cashless society. Research shows that consumers are now more concerned than ever... read more

Trending

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

Bank of England Warns DLT Complexity in Settlements

18 May 26 @ 17:07

The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... 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