Daily News

Showing Latest Daily News

South Africa’s Central Bank says Blockchain payment trial successful

13 Jun 18 @ 10:32

SARB, South Africa’s central bank has revealed astonishing results for a trial of its blockchain-based system for interbank clearance and settlement. According to a statement, SARB said it completed a 14-week... read more

Dark Web: $1.1 billion cryptocurrency thefts during past six months

12 Jun 18 @ 13:23

Cryptocurrency. A decade ago, names such as Bitcoin, Dash, Ethereum, and Monero were merely buzzwords. Fast forward to today, and they’ve become as recognisable as the US dollar and the... read more

Project Inthanon: Thai Central Bank to issue digital currency

12 Jun 18 @ 09:13

Thailand’s central bank chief has confirmed research into Project Inthanon, and a number of blockchain applications in banking, involving a central bank digital currency used for interbank settlements. In a... read more

Optimising payments technology for commercial success

12 Jun 18 @ 09:00

Technology plays an obvious and increasingly important role in the evolution of the payment industry. It is the bedrock upon which payment products and services are built, and any transformation... read more

Wells Fargo sued by USAA for RDC patent infringement

11 Jun 18 @ 16:50

USAA is suing Wells Fargo Bank, accusing it of infringing on its Remote Deposit Capture (RDC) patented technology that allows users to deposit cheques using mobile devices. It’s the first... read more

Data Threat Report – Trends in Encryption and Data Security

11 Jun 18 @ 12:24

In Europe, as in the rest of the world, reports of major security breaches continue unabated, despite global efforts to fight back with increased IT security spending – according to... read more

Cryptocurrencies take a major fall in light of US futures investigation

11 Jun 18 @ 10:13

Cryptocurrencies have slid to a two-month low following reports that US regulators had asked cryptocurrency exchanges to provide trading data for a probe into whether possible manipulation was affecting the... read more

Biometrics for payments: what are the key trends?

07 Jun 18 @ 11:04

Isabelle Moeller, Chief Executive of the Biometrics Institute, gives her views on the key market trends in biometrics including border management and financial services.

Mastercard Send to launch real-time payments in the UK

07 Jun 18 @ 10:10

Mastercard says it will launch Mastercard Send in the UK. Mastercard Send is a payment service that allows financial institutions, FinTechs, digital customers and other businesses to send real-time payments... read more

OROBO and OpenWay to power cross-border money transfers

07 Jun 18 @ 09:57

OROBO, the newly-launched money transfer platform from Saana Holdings, is opening up cross- border money transfers and bill-payments into Nigeria, Ghana, Kenya, Serria-Leone and supporting financial inclusion in West Africa.... read more

The Devil is in the data

06 Jun 18 @ 09:00

Much has already been written about the EU General Data Protection Regulation (GDPR) and its impact on all manner of businesses. The scandals which engulfed Facebook and brought down Cambridge... read more

Mastercard launch services to facilitate interactions between banks and third parties in Open Banking environment

05 Jun 18 @ 18:53

Mastercard says it has developed a new suite of services to underpin Open Banking transformations taking place in the industry as partners ready themselves to take advantage of Europe’s PSD2... read more

Trending

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