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Payment industry history with first AES DUKPT key management implementation

19 Apr 18 @ 11:50

Verifone says it has implemented AES DUKPT with its end-to-end encryption solution, VeriShield Total Protect, its Engage family of payment devices, and Carbon 8 & 10. Co-designed by Verifone, AES DUKPT is a new security key... read more

TransferWise breaks into UK’s RTGS faster payments scheme

18 Apr 18 @ 11:46

TransferWise has become the first non-bank company to gain direct access to the UK’s Faster Payments Scheme, which TW says will help it compete with banks on sending money overseas.... read more

The four best ways to make cross-border payments

18 Apr 18 @ 11:38

Almost half (45%) of corporates see a bank’s B2B payables and cross-border payments offering as being a very or extremely important factor in the bank selection process. In its 2017... read more

China Construction Bank opens a branch only managed by AI robots

18 Apr 18 @ 11:17

China Construction Bank (CCB), the China’s second largest lender by assets, has opened an unstaffed, self-service bank branch in Shanghai this week, run by pure technology including facial recognition (FR), artificial intelligent... read more

The complete guide to stopping e-commerce fraud

17 Apr 18 @ 16:02

E-commerce fraud is on the rise. While digitalisation has streamlined processes, consolidated data and vastly improved the efficiency of administration, it’s as much a blessing as a curse. When it... read more

PSD2 and Open Banking an uneven playing field says Santander Head

17 Apr 18 @ 14:00

PSD2 and Open Banking regulations need to be reformed  says the head of Santander, the eurozone’s biggest retail bank, calling for the EU’s flagship new payments regulation to be reviewed... read more

Is PayPal quietly moving toward becoming a traditional bank?

16 Apr 18 @ 10:57

PayPal seen by some to be nudging its customers closer to mainstream banking services. The renowned payments company has been reaching out to groups of customers in recent months with... read more

AFP survey: Payments fraud hits record high of 78%

16 Apr 18 @ 10:43

The 2018 AFP Payments Fraud Survey, underwritten by J.P. Morgan, revealed that payments fraud reached a new high in 2017 after a downswing earlier in the decade. A record 78% of... read more

Shopping cart Abandonment: The reality of today’s e-commerce industry

16 Apr 18 @ 10:26

Shopping cart abandonment is an e-commerce term used to describe a visitor on a web page who leaves that page before completing the desired action. Examples of abandonment include shopping... read more

The Middle East & Africa – the drivers behind this unstoppable payments market

13 Apr 18 @ 15:29

It’s an exciting time for payments in the Middle East and Africa. Often considered one of the world’s smaller banking and payments markets in terms of available services, the growth... read more

Santander launches blockchain-based international money transfer with Ripple XRP

13 Apr 18 @ 10:17

Banco Santander has launched new international money transfer service using blockchain-based technology from Ripple. The service is available to retail customers in Spain, UK, Brazil and Poland, and will be... read more

Rolling the Dice: The high risk acquiring of gambling merchants

13 Apr 18 @ 09:44

Acquiring gambling merchants is high risk. Or at least this always used to be the case. But in a regulated industry quick to adopt new technology, where the house always... read more

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Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more