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nexo and FIS sign for globally standardised card payments acceptance

20 Feb 18 @ 09:14

nexo standards has signed an agreement with FIS to develop a suite of test tools that will allow vendors, acquirers and processors to test the compliance of their payment systems... read more

Mobile payments remain a tough proposition to sell in mature markets

19 Feb 18 @ 17:43

Mobile payments are having a tough time gaining adoption in mature markets. According to the annual “Connected Life” study by Kantar TNS, only a minority of internet users surveyed in countries like... read more

Executive Board of the ECB defends use of cash in Eurozone

19 Feb 18 @ 17:23

In a speech by Yves Mersch, Member of the Executive Board of the ECB, at the 4th Bargeldsymposium of the Deutsche Bundesbank last week he defied the growing convention that Europe... read more

The cost of cybercrime study – insights on security investments that make a difference

19 Feb 18 @ 16:52

Cybercrime is on the rise, successful breaches per company each year has risen more than 27%, from an average of 102 to 130. Ransomware attacks alone have doubled in frequency,... read more

Visa denies claims over cryptocurrency purchasing policy changes

15 Feb 18 @ 13:26

It has been  reported that both Visa and Mastercard were planning to change the policies they have in place when it comes to purchasing of cryptocurrency. The reports add that... read more

Berlin Group publishes Version 1.0 of the NextGenPSD2 Framework

15 Feb 18 @ 12:58

The Berlin Group has published Version 1.0 of the NextGenPSD2 Access to Accounts (XS2A) Framework that enables Third Party Providers (TPPs) to access bank accounts under the revised Payment Services... read more

Government websites hacked to run secret cryptocurrency miner

15 Feb 18 @ 12:38

Thousands of government websites around the world have been hijacked to mine the cryptocurrency Monero. A commonly-used accessibility script was hacked to inject the Coinhive miner into official sites in... read more

e-Retail sales to pass $3.3 trillion up 10% on 2017

14 Feb 18 @ 16:41

The value of consumer spend on remote payments for digital and physical goods – e-Retail – will surpass $3.3 trillion this year, up 10% on 2017’s total of $3 trillion.... read more

American Express loses key European Court of Justice fees battle

14 Feb 18 @ 16:27

The British Airways American Express credit card is among those likely to be removed from the UK market after the European Court of Justice (ECJ) issued a ruling against the... read more

Australia’s new Faster Payments platform officially launched

13 Feb 18 @ 17:26

Australias new Faster Payments platform has been officially launch and is the result of collaboration between 13 members of Australia’s financial services industry, including Australia’s four major banks and the... read more

Cryptocurrencies to hit Zero announces Goldman Sachs investment research

13 Feb 18 @ 14:54

The fall in cryptocurrencies that wiped nearly $500 billion of market value over the past month could get a lot worse, according to Goldman Sachs’s global head of investment research.... read more

Global fuel cards market to reach $845m by 2023

12 Feb 18 @ 14:30

According to a new report  the global fuel cards market was valued at $595,720m in 2016, and is projected to reach $842,410m by 2023, growing at a CAGR of 5.3% from 2017 to 2023.... 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