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BBVA Bancomer announce commercial rollout of Dynamic Code Verification

27 Nov 15 @ 14:11

BBVA Bancomer, the leading financial institution in Mexico serving over 20 million customers, is to roll out Dynamic Code Verification (CVV/CVC) solution protecting against Card-Not-Present (CNP) fraud. This is the first commercial... read more

EPC proposal for pan-European instant credit transfer scheme

27 Nov 15 @ 13:57

The European Payments Council (EPC) released its proposal for the design of a pan-European instant credit transfer scheme, dubbed SCT Inst scheme. This proposal is part of the Euro Retail... read more

Dark Markets: Anonymity in Bitcoin

27 Nov 15 @ 13:11

Bitcoin is a powerful and successful digital currency. Based on cryptography and a decentralized ledger, it has simultaneously been heralded as the future of finance and a gateway to the... read more

Electronic payments grow faster than GDP across all regions

26 Nov 15 @ 16:32

Electronic payments volumes are expected to continue to grow strongly in 2014, according to the World Payments Report 2015 from Capgemini/Royal Bank of Scotland. Volumes are projected to grow at... read more

Merchant fraud-to-sales losses up on 2014

26 Nov 15 @ 16:22

Merchants are experiencing an increase in fraud, losing 1.32% of revenue to fraud on average compared to 0.68% in 2014, according to the annual LexisNexis True Cost of Fraud Study.... read more

European Court of Justice declares Safe Harbour invalid – what are the implications?

26 Nov 15 @ 10:40

On 06 October 2015, the European Court of Justice (ECJ) ruled that the Safe Harbour agreement, which allows data to be transferred between the EU and US, was invalid as... read more

OpenWay recognised as global market leader in card management software

26 Nov 15 @ 09:41

OpenWay, a global provider of software solutions for card management software, bank card issuing and acquiring, transaction switching and omni-channel payments, has been recognized as ‘Market Leader’ by Ovum, an... read more

Alternative payment to tackle card payments head on

25 Nov 15 @ 13:48

In  a new report from Worldpay it is predicted that the alternative payment market will leave its growing pains behind in 2016. 2016 will herald “the third age of digital payments” now that... read more

Hilton admits data breach

25 Nov 15 @ 12:29

In a statement released yesterday, Hilton Hotels confirmed it had been hit by a malware data breach that stole customer payment data at the checkout, becoming the latest hotel chain... read more

ModPOS: the most sophisticated POS malware…ever

25 Nov 15 @ 11:36

Threat intelligence experts, iSIGHT Partners, say they have analyzed the most sophisticated POS malware they have seen to date – ModPOS. ModPOS, which is short for modular point-of-sale (POS) system, is a comprehensive... read more

Brits to spend £1.9 billion as Black Friday kicks off

25 Nov 15 @ 11:26

£1.9bn will be spent on Visa cards on Friday 27th November – Black Friday – making it the biggest day for spending on this day in history. This year’s event... read more

Credit Mutuel starts HCE mobile payment pilot in france

24 Nov 15 @ 09:19

Crédit Mutuel ARKEA has partnered with AIRTAG for the launch of an HCE mobile payment solution. The cooperation dates back to June 2014 when Crédit Mutuel ARKEA selected AIRPASS as... 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