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Reddit plans cryptocurrency

01 Oct 14 @ 09:56

Reddit, the self styled “front page of the internet”, has raised $50 million in Series B on a $500 million valuation with intentions to give back 10% of the round’s equity to... read more

World Payments Report 2014

30 Sep 14 @ 14:22

Non-cash payments volumes are expected to grow 9.4% to reach 366 billion transactions in 20131, fueled by strong growth in developing markets and the use of credit (up 9.9%) and... read more

eBay and PayPal to split in 2015

30 Sep 14 @ 13:16

In an unsurprising move, despite best efforts to keep the companies joined, eBay announced it will split its PayPal unit into a separately traded company in 2015. The separation will... read more

UK fraud losses on payment cards on the rise

30 Sep 14 @ 12:32

According to figures released by Financial Fraud Action UK (FFA UK) card fraud and remote banking fraud increased during the first six months of 2014. The intelligence behind the figures... read more

Malware everywhere

30 Sep 14 @ 11:50

The threat of malware is growing faster and faster and creating more and more issues across numerous industries – including the payments industry. Malware exploit kits are simple to use,... read more

Mobile devices increasing opportunity for payment fraud

29 Sep 14 @ 15:00

As more consumers and employees use their smartphones and tablets, the risk of payment fraud stemming from those devices increase for small- and medium-sized businesses, warns a new report from... read more

From Abandonment to Acquisition – White Paper

29 Sep 14 @ 12:05

From Abandonment to Acquisition: Five tactics to reduce abandonment in your m-commerce channel. In this WhitePaper, Jumio examines how despite a track record of constant growth through perpetual innovation, the online retail industry is actually currently underperforming and further growth being held back.

Samsung Smartwatch to use PayPal mobile payments

29 Sep 14 @ 12:00

Samsung says it will partner with PayPal to offer mobile payments in the next edition of its Galaxy Gear smartwatch. The Korean manufacturer appears to be following in the footsteps of... read more

US chip and PIN migration worth the effort and cost

29 Sep 14 @ 09:34

The rollout of chip and PIN credit cards could cost $8.6 billion or more. Some experts say it’s not worth it – that the technology is already obsolete, and that... read more

US debit card interchange cap to remain unchanged

26 Sep 14 @ 13:34

According to news out of the US, the Federal Reserve Board says it will leave its debit card interchange cap for large issuers unchanged despite finding that some of their important... read more

Is tokenization the future of payment fraud prevention?

26 Sep 14 @ 13:26

According to a new report by the Federal Reserve Bank of Boston, tokenization is set to form a major change in the battle against payment fraud. Payment tokenization, as described by the MPIW... read more

Barclays mobile banking apps processing £4 billion per month

25 Sep 14 @ 17:25

UK banking customers are moving away from high-street branches and increasingly using mobile banking apps, according to recent research recent by Barclays. A study by the bank found that usage of its... 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

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

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more