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Huawei Pay debuts in Russia with UnionPay as mobile wallet market is expected to hit $3.14 trillion

29 Jan 18 @ 17:00

Huawei Technologies and China UnionPay have set their sights on international markets, as they prepare to launch Huawei Pay digital wallet technology outside the mainland, going shoulder to shoulder against... read more

First multi-asset digital wallet bridges gap between fiat and cryptocurrencies

29 Jan 18 @ 15:14

WAWLLET has launched the world’s first regulatory-compliant multi-asset wallet and personal financial passport, connecting people, banks and financial services, letting users transfer between them instantly, wherever their accounts or assets may... read more

Infograph: The incredible growth of FinTech

29 Jan 18 @ 14:55

FinTech remains a hot topic in 2018. However the first “FinTech” was first devised in 1918 by the US Federal Reserve. Its taken a long time to wind up, but... read more

Hackers have stolen 14% of the value of big cryptocurrencies

26 Jan 18 @ 14:56

Cryptocurrencies and the software developed to track them have become attractive targets for cybercriminals while also creating a lucrative new market for computer-security firms. In less than a decade, hackers... read more

Mobile wallets in India: What the world can learn

26 Jan 18 @ 11:59

India’s emergence as a digital payment powerhouse is an unlikely story. Until recently, cash accounted for 95% of transactions, 85% of workers were paid in cash, and 70% of online... read more

PCI council publishes security requirements for software-based PIN entry on devices

26 Jan 18 @ 09:32

The PCI Security Standards Council (PCI SSC) has announced a new PCI Security Standard for software-based PIN entry on commercial off-the-shelf devices (COTS), such as smartphones and tablets. The PCI... read more

Visa CEO hits out at Bitcoin refusing to process transactions

25 Jan 18 @ 14:48

Bitcoin, the world’s largest cryptocurrency, is not really money and Visa will not get involved in processing Bitcoin related transactions won’t touch it, the CEO has said in an interview with... read more

Google parent company Alphabet launches cyber security company

25 Jan 18 @ 12:23

Google’s parent company Alphabet says it is launching a cyber security company using technology created in its research and development arm called X. Chronicle will try to give organisations a... read more

Taiwanese government invests in domestic mobile payments

25 Jan 18 @ 11:55

The Taiwanese government has planned to promote adoption of mobile payments by subsidising transaction fees to make in-store mobile payments more attractive to consumers. Government departments can help promote mobile... read more

An interview with Worldline CEO Gilles Grapinet: PSD2 – a goldmine of opportunities

25 Jan 18 @ 11:37

On January 13 the Revised Payment Services Directive, PSD2, came into force across the EU. Worldline’s CEO Gilles Grapinet speaks in a new interview about the huge opportunities for banks,... read more

Cash marches on – Forecasting future bank note demand

18 Jan 18 @ 17:43

In mid-September, the Bank of England issued a new polymer £10 note featuring the author Jane Austen. The notes include raised dots in the upper corner to help blind and... read more

2018: The death of the password?

18 Jan 18 @ 17:35

Passwords are no longer passing muster as a security or authentication method. The problem is quantity as much as quality. The average number of passwords registered to a single e-mail... 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