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MNO Giffgaff uses Open Banking to launch mobile banking app

08 Feb 18 @ 18:13

Telefonica’s millennial focused MNO Giffgaff, is set to launch its own personal finance banking app based on newly implemented Open Banking regulations. Utilising the latest Open Banking regulations, the Giffgaff... read more

US DoJ indicts 36 in cybercrime ring that stole $530m

08 Feb 18 @ 17:43

36 cybercriminals have been indicted in connection with an international identity theft ring known as a “one-stop shop for cybercrime” that sold stolen payment card information on the dark web,... read more

New POS malware found – UDPoS

08 Feb 18 @ 17:32

Researchers at global cybersecurity firm Forcepoint have discovered a new piece of POS malware – the first in nearly two years – that primarily targets transactions at hotels and restaurants. In the current era of mass... read more

Visa and Mastercard reclassify MCC codes for the purchase of cryptocurrencies

07 Feb 18 @ 17:55

Following on from Visa CEO’s statement on cryptocurrencies in January , it turns out that Visa  and Mastercard have reclassified the way Bitcoin and other cryptocurrency purchases are processed on... read more

UK FinTech investment set record-breaking year in 2017

07 Feb 18 @ 14:35

British FinTech companies have had record-breaking investment in 2017 and far outstrip their European competitors, data shows, adding to signs that Brexit is so far having no big impact on... read more

Identity fraud hits all time high with 16.7m US victims in 2017

07 Feb 18 @ 14:22

The 2018 Identity Fraud Study released by Javelin Strategy & Research, revealed that the number of identity fraud victims increased by 8% (rising to 16.7 million US consumers) in the last year,... read more

Buy Buttons – A rising tide lifts all boats

06 Feb 18 @ 17:09

It all started with Amazon one-click in 1995. Now different buy buttons are widespread across the web. PayPal remains the most pervasive buy button online, with 67% of top e-commerce... read more

Cybercrime evolving to a new, more professional underground economy

06 Feb 18 @ 16:53

Cybercrime continues to grow and evolve, taking new forms and directions. It is also beginning to converge with serious and organised crime, supported by a professional underground economy of skills... read more

Regulation within cryptocurrency markets

06 Feb 18 @ 09:32

According to Reuters: “Japan’s financial regulator said on Friday it had ordered all cyrptocurrency exchanges to submit a report on their system risk management, following the hacking of over half... read more

Retailer spending on AI to reach $7.3 billion by 2022

05 Feb 18 @ 16:17

A new study from has found that global retailer spending on AI will reach $7.3 billion per annum by 2022, up from an estimated $2 billion in 2018, as retailers target... read more

Biometric payment cards – where are we now?

05 Feb 18 @ 12:54

Biometric payment cards are emerging as the next innovation in payment cards. According to ABI Research the payment card is here to stay and fingerprint authentication within the card is... read more

European Commission launches EU Blockchain Observatory and Forum

05 Feb 18 @ 09:41

The European Commission has launched the EU Blockchain Observatory and Forum with the support of the European Parliament, represented by Jakob von Weizsäcker responsible for the recent report on virtual... 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