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Retailers: online security over cart abandonment

02 Feb 15 @ 16:20

A new survey has revealed that retailers are more focused on online security than online POS revenue loss. Up to 10% of international customers abandon their basket at the point of payment,... read more

Four bits of credit card metadata reveals your ID

02 Feb 15 @ 16:13

Four bits of credit card metadata is capable of re-identifying nearly 90% of the people, warns a study carried out by Massachusetts Institute of Technology (MIT) researchers. For the purpose of... read more

Paym heading towards 2 million users

02 Feb 15 @ 16:04

Nearly two million people have registered for Paym, with the potential to link every current account in the country with a phone number, new figures released by the service show. The mobile payments... read more

Bank of China launches Western Union Money Transfer service

02 Feb 15 @ 10:48

Since January, consumers in China are able to receive remittances through the Western Union Money Transfer service from abroad in minutes at select Bank of China branches and sub-branches throughout the country. Western... read more

Most valuable bank brands

02 Feb 15 @ 10:39

The Brand Finance Banking 500, conducted by leading brand valuation and strategy consultancy Brand Finance, and published in the February edition of The Banker, is a league table of the... read more

The race to protect digital identity: the next frontier in payment innovation

30 Jan 15 @ 13:51

Providing consumers with a secure alternative to an ever-increasing number of passwords and profiles without compromising convenience is the latest frontier in driving consumer acceptance of new forms of payment.... read more

Bharti Airtel applies for banking license

30 Jan 15 @ 11:06

Bharti Airtel, India’s leading telecoms operator, has applied for a banking license, in a potential breakthrough for the country’s under-developed mobile-banking industry. The first telecoms group to declare its intention... read more

The future of payments: A European Commission view

30 Jan 15 @ 10:59

“Everything changes but change itself. You cannot step twice into the same river, for other waters and yet others go flowing ever on,” observed Heraclitus of Ephesus (circa 535 –... read more

Tinkoff Bank selects IRIS fraud prevention

30 Jan 15 @ 10:41

Tinkoff Bank, Russia’s leading provider of online retail financial services and a large credit card issuer with 4.8 million cards issued, has selected IRIS Analytics’ fraud prevention solution. IRIS has... read more

Google enable email money transfer

30 Jan 15 @ 10:35

Google has enabled Send Money in Gmail, a money transfer payment service that will initially only be in the UK and the US. Originally revealed several years ago in the US,... read more

IT spending on the rise in North America

29 Jan 15 @ 12:45

North American IT spending growth is rising steadily and is expected to be 4.5% higher in 2015. Growth will drop slightly in 2016 as IT spending by North American banks... read more

OpenWay launch WAY4 Host Card Emulation

29 Jan 15 @ 12:36

OpenWay has developed WAY4 Host Card Emulation software  – supporting cloud technology specified by Visa and providing value-added financial services for customer attraction and engagement via mobile. WAY4 Host Card... 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