Daily News

11 Jan 18 @ 15:55

Latest figures show that 2017 was another record-breaking year for Bacs Payment Schemes Limited (Bacs), with over 6.34 billion payments, worth a total in excess of £4.9 Trillion, processed by... read more

10 Jan 18 @ 22:03

New research has revealed that major UK retailers are unaware, unprepared and paralysed ahead of the Second Payment Services Directive (PSD2) set to go live on January 13th. The research, from Consult... read more

10 Jan 18 @ 16:08

One third (32%) of Britons would apply for a job as a money mule, helping criminals to launder money. That’s the finding of an experiment carried out by Santander to... read more

10 Jan 18 @ 08:20

It is no longer good enough for merchants to simply have a functioning app. If I were writing this three years ago, then I would have accepted that just getting... read more

09 Jan 18 @ 17:18

Transferwise is moving another step closer to banking territory with the expansion of its “borderless” account and debit card for consumers. The accounts can hold cash in more than 20... read more

09 Jan 18 @ 11:04

Google has finished revamping its mobile payment offerings bringing together Android Pay and Google Wallet in one product and creating a new brand called Google Pay. The new product merges... read more

09 Jan 18 @ 10:19

Visa and Dynamics today unveiled the Dynamics Wallet Card, an Internet of Things (IoT) device that holds multiple payment cards and includes a digital display allowing for greater security, instant... read more

08 Jan 18 @ 16:55

The year 2016 marks the second time that multiple Federal Reserve Banks (FR Banks) have surveyed financial institutions (FIs) about their mobile banking and payment practices and plans. After surveying... read more

08 Jan 18 @ 10:14

Bitcoin, despite its stratospheric price, is losing its allure with some of its earliest and most avid fans, the criminals, giving rise to a new breed of cryptocurrencies. Privacy coins... read more

08 Jan 18 @ 09:48

Western Union is to pay $60 million AML fine to resolve allegations that it failed for more than a decade to maintain a program to deter and report transactions involving... read more

05 Jan 18 @ 12:33

Simple and secure ways to complete transactions directly through a mobile device have become increasingly popular over the last three years globally. Mobile users can now do this through a... read more

05 Jan 18 @ 10:52

Security experts are warning companies that the only way to fully protect themselves against hackers taking advantage of a newly revealed, pervasive flaw in chip design dubbed the Meltdown and Spectre... read more