Showing Latest Daily News
11 Aug 16 @ 16:50
Eight of the largest US banks are forming a group to tackle the growing cyber crime threat. The group includes J.P. Morgan Chase, Bank of America and Goldman Sachs, among others.... read more
10 Aug 16 @ 11:01
The 2016 Debit Issuer Study, commissioned by PULSE, takes stock of the debit industry’s shift to chip (EMV) cards and mobile payments. As a result of the October 2015 liability... read more
09 Aug 16 @ 10:16
Alibaba claims it is developing VR mobile payment technology-as the e-commerce giant bets on VR-driven shopping for future growth and is wrestling with arch rival Tencent for supremacy in the booming digital... read more
08 Aug 16 @ 10:06
Researchers speaking at the Black Hat conference in Las Vegas demonstrated how the Chip and PIN system has been exploited to make a cash machine give out money. Small modifications to equipment... read more
05 Aug 16 @ 11:24
FICO reveals the UK saw Europe’s largest annual jump in card fraud losses for 2015. Most of the 18% rise in losses came from online transactions, reflecting the growth in... read more
05 Aug 16 @ 10:05
Following several reports in the media regarding the suspension of international money transfers, the Central bank of Nigeria has advised Nigerians at home and in the Diaspora to beware of... read more
05 Aug 16 @ 09:00
Wirecard is working with O2 Czech Republic to offer eKasa which is a fully online, mPOS system together with credit card payment transaction services to all retailers in the Czech Republic.... read more
04 Aug 16 @ 10:38
Mastercard announced that 80% of its US consumer credit cards have chips, representing an 88% increase in chip card adoption since the October 1, 2015 liability shift started to bring... read more
04 Aug 16 @ 10:06
Unicredit Business Integrated Solutions (UBIS) and SIA have signed an agreement for the sale to the latter – for the sum of €500 million – of the processing activities of... read more
03 Aug 16 @ 10:46
JPMorgan Chase has agreed to pay a total of $446,822 to thousands of ex-prisoners to settle a class-action suit claiming the bank ripped them off with fees associated to their post release, jail... read more
03 Aug 16 @ 09:24
The Bitcoin price crashed yesterday after one of the digital currency’s biggest exchanges revealed it had been hacked and bitcoins stolen. Hong Kong-based Bitfinex announced the security breach and froze all customer accounts late on... read more
02 Aug 16 @ 16:25
Early Warning, a real-time payments provider, has signed an agreement with Visa to enable person-to-person (P2P) payments on its clearXchange network using US-issued debit cards through the Visa Direct platform, it will... read more
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
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
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