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What is the state of strong authentication in 2019

29 Jan 19 @ 11:43

As data breaches and increasingly sophisticated phishing attacks continue to drive online account compromise and financial loss, organisations are finally stepping up strong authentication and investing in stronger, phishing-resistant forms of authentication.“ The... read more

Has Amazon Go set the new benchmark for cashierless shopping?

28 Jan 19 @ 17:13

A year ago, Amazon opened a cashierless store called Amazon Go, marking its biggest effort yet to change the way people shop in the physical world. Today a host of other... read more

Zelle reports stellar growth as US P2P payments market hots up

28 Jan 19 @ 16:55

Zelle has continued to gain traction with users and financial institutions, indicating that there is plenty of room for growth still in the US P2P payments market. Early Warning Services,... read more

Why Mastercard if fighting to buy Earthport

28 Jan 19 @ 13:29

Mastercard has stepped in and made a £233 million counter bid to take over payments firm Earthport, as it looks to head off rival Visa’s attempts to buy the company.... read more

Mobile money transactions equivalent of half of Kenya’s GDP

25 Jan 19 @ 10:56

Central Bank of Kenya (CBK) data shows that mobile money transactions stood at Sh3.98 trillion ($38.5 billion) last year, having increased by Sh346 billion (10%) from 2017. This translates to... read more

PSD2 and GDPR one year on – Time to act?

25 Jan 19 @ 09:35

On 1 January 2018, the EU introduced its second Payment Services Directive (PSD2), designed to introduce greater competition to financial services by compelling institutions to share customer data and APIs... read more

Banking Circle adds value to PSP propositions

25 Jan 19 @ 08:57

PPRO has joined Banking Circle, the financial utility. PerfectCard, the FinTech provider of employee reward and corporate expense solutions, has also joined Banking Circle to streamline payment reconciliation. The latest... read more

Payment Systems Regulator confirms market review into card acquiring services

24 Jan 19 @ 09:16

The Payment Systems Regulator (PSR) has published its final terms of reference for a market review into the supply of card acquiring services. The regulator notes that card payments are... read more

European Payments Market – Highlights from the European Payments Yearbook 2018-19

23 Jan 19 @ 11:57

Across the 33 countries covered in the European Payments Yearbook, cards in issue (+3.2%), and POS terminals by number (+7.3%) showed remarkable growth rates again while the ATM terminal estate... read more

Leading processor in Bulgaria starts digital transformation with Way4

23 Jan 19 @ 09:57

BORICA AD, a company with 50-years history and experience in providing specialised solutions for over 30 financial institutions in Bulgaria and neighbouring countries, has chosen the OpenWay WAY4 digital payment... read more

Microsoft “retires” Microsoft Wallet in face of competition

23 Jan 19 @ 08:45

Microsoft has updated its Wallet page, saying that the Microsoft Wallet app will be retired on February 28, 2019. Microsoft Wallet allowed users to load up payments and loyalty cards, but beginning in June... read more

5 emerging payments technology trends for 2019

22 Jan 19 @ 16:32

It’s that time of year — when the technology news circuit is full of predictions of the next big trends on the horizon and PCM is no different in highlighting... 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

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