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SMART Payments: Step 1 – Simplify payment complexity

23 Aug 18 @ 11:44

The race to digital is rattling the payment ecosystem with more choice for consumers adding complexity across the payment value chain – from merchants to consumers and everyone in between.... read more

Are you being tracked: Behavioural biometrics being implemented by banks to reduce fraud

20 Aug 18 @ 09:32

When you’re browsing a website and the mouse cursor disappears, it might be a computer glitch — or it might be a deliberate behavioural biometrics test to find out who... read more

Banking and Payments industries warned over ATM Cashout cyberheist

20 Aug 18 @ 09:00

The FBI has been warning banks about an imminent ATM cashout scheme about to unfold across the globe, thanks to a data breach at an unknown financial institution. On Aug. 14, a... read more

Strong Customer Authentication rules agreed for Europe

17 Aug 18 @ 12:14

It was a long gestation and difficult birth but Europe finally has new requirements for strong customer authentication. They will apply across the region from 14 September 2019, bringing much-needed... read more

Cybersecurity: The scourge of ransomware continues

17 Aug 18 @ 12:05

Ransomware attacks have doubled since last year and become a key cybersecurity threat for organisations globally, warns Verizon’s 2018 Data Breach Investigations Report. Ransomware locks computers or encrypts files and... read more

Growing pains: RBI orders a stop to Paytm service

15 Aug 18 @ 11:55

The growth of Paytm has been exponential as it achieved an annual run rate of 5 billion digital transactions and $ 50 billion GTV (Gross Transaction Value) in July 2018. Paytm is... read more

P2P payments market competition hots up as Square Cash app hits the top

15 Aug 18 @ 11:26

It has been an interesting few weeks in the P2P payments market. It all began when Snapchap  announced that it will cease Snapcash, its mobile P2P payments app for Snapchat, on... read more

Crypto-coining it: How cryptocurrencies went mainstream

14 Aug 18 @ 13:51

Previously existing only on the fringes of finance or computer science, cryptocurrencies are now being discussed more widely. In the future, banks may not be the only ones making money... read more

New figures reveal identity fraud falls for the first time since 2014

14 Aug 18 @ 13:34

Cifas, the UK fraud prevention service, has released new figures showing that identity fraud has fallen for the first time since 2014. Figures show a 5% drop in the first six... read more

Infograph: 60 stats & trends for the future of e-commerce

14 Aug 18 @ 10:14

Today, e-commerce is used on a daily basis and living without it seems just complicated and inconvenient. New technologies and innovations are continuously changing and exponentially improving the user experience... read more

Stripe set to launch Stripe Issuing APIs for programmable payment cards

13 Aug 18 @ 14:11

Stripe, the mobile payments provider and disruptor, is set to launch Stripe Issuing, a platform for creating, distributing, and managing physical and virtual cards via APIs. According to the firm, this... read more

Retail fraud volume and cost increase sharply according to 2018 True Cost of Fraud report

13 Aug 18 @ 13:56

In the new and comprehensive 2018 True Cost of Fraud report, for the retail sector, LexisNexis Risk Solutions findings show fraud is escalating at an unprecedented pace in an industry already operating... read more

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Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

FCA probes Paypal, Mastercard and Visa competition

07 May 26 @ 16:30

The UK’s Financial Conduct Authority has opened a competition investigation into PayPal, Mastercard and Visa, examining whether commercial arrangements linked... 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