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Millennials in the US ditching credit cards

30 Aug 16 @ 12:50

Data from the Federal Reserve indicates that the percentage of Americans under 35 who hold credit card debt has fallen to its lowest level since 1989, when the Fed began... read more

UK watchdog confirms investigation in Diebold Wincor Nixdorf ATM merger

30 Aug 16 @ 12:36

Just weeks after the $1.8bn takeover by Diebold of Germany’s Wincor Nixdorf was approved by shareholders and has already been cleared by competition authorities in a number of other countries, the UK’s Competition... read more

Whose regulation is it anyway and why it is so important

16 Aug 16 @ 17:13

Sometime it is difficult enough for the industry to keep up with new technology threats and opportunities domestically, let alone regionally or internationally. Given the frenetic pace with which new technology... read more

Cybercriminals exploit the Human Factor

16 Aug 16 @ 17:07

The use of zero-day exploits and advanced persistent threats to hack into organisations make for great news headlines. However the reality is much more mundane and low-tech. Cybercriminals are continuing to... read more

Global payment security standards updated

15 Aug 16 @ 13:13

The PCI Security standards council (PCI SSC) has published an update to its global data security standard. Version 3.2 replaces version 3.1 to address growing threats to customer payment information. “We’ve... read more

Global FinTech investment growth continues

15 Aug 16 @ 13:07

Investment in the financial technology (FinTech) sector worldwide grew by 75%, or $9.6 billion, in 2015 according to a recent report by Accenture. The growth was driven primarily by a 445%... read more

The moral mobile wallet: Striking the right balance with end users

15 Aug 16 @ 11:53

Even though studies are showing that an increasing number of users are giving the mobile wallet technology a try, only a few are reported to be using it on a continuous... read more

EBA response to Commission’s proposal on virtual currency and AML directive

12 Aug 16 @ 11:14

In an Opinion issued yesterday, the EBA welcomed the Commission’s proposal to bring virtual currency exchange platforms and custodian wallet providers within the scope of the 4th Anti-Money Laundering Directive.... read more

CVS fractures market further and launches mobile payment system

12 Aug 16 @ 10:58

CVS, which has yet to adopt Apple Pay and other NFC-based payment services, has launched a mobile payment solution of its own. It’s aptly called CVS Pay, and it shows... read more

3 in 10 consumers willing to use mobile wallets

12 Aug 16 @ 10:30

Although mobile wallets are a relatively new form of payment, nearly 3 in 10 consumers (29%) expressed a willingness to adopt this emerging payments alternative in the next six months,... read more

Ant Financial strikes European mobile payments deal with Ingenico

11 Aug 16 @ 17:00

Ant Financial Services has struck a deal with Ingenico to push its mobile payments system into Europe. Ingenico will allow users of Ant’s Alipay, China’s biggest online-payments platform by transaction... read more

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Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more

UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more