Daily News

17 Mar 14 @ 15:54

The UK’s Transport for London say that us passengers have been wrongly charged thousands of pounds because of a contactless glitch in the payment system. Almost 1,800 commuters have been... read more

17 Mar 14 @ 12:44

Google says it has updated its Android and iOS Google Wallet apps to enable shoppers to automatically track their online orders. Once users activate ‘orders’ in Google Wallet they can... read more

17 Mar 14 @ 12:37

According to a Smart Insights Report, mPOS shipments are expected to keep growing in the next years at a CAGR of 40% between 2013 and 2018, leading to 52.1 million... read more

14 Mar 14 @ 12:37

New figures released on UK fraud by Financial Fraud Action UK (FFA UK) show that levels of card and online banking fraud rose during 2013. Improved fraud detection and prevention... read more

14 Mar 14 @ 11:01

Bank-led mobile payment scheme Digicash has launched a pilot-project using the Beacon model in Luxembourg –  the first mobile payments using SEPA Credit Transfers. Digicash Beacon devices at POS combine... read more

13 Mar 14 @ 16:07

While the mobile channel grows in importance and revenue for merchants, so does their fear of fraudulent attacks and the realization that combating that risk requires specialized tools. Those are... read more

13 Mar 14 @ 12:53

The latest figures from Visa Europe show that throughout 2013 Visa cardholders used their contactless cards to make more than 94.3 million purchases in the UK compared to just under... read more

13 Mar 14 @ 11:30

New York’s financial regulator has said firms can submit proposals to set up “regulated”  digital currency exchanges like Bitcoin. The state’s Department of Financial Services (NYDFS) said it wanted to... read more

13 Mar 14 @ 11:22

New global research by the Ponemon Institute, sponsored by mobile interaction service provider tyntec, has revealed that on average almost 50% of one-time passwords (OTPs) fail to arrive due to invalid... read more

13 Mar 14 @ 09:20

FICO released its quarterly UK cards data showing that average spend on “classic,” non-premium credit cards hit a 10-year high in December 2013. In addition, the proportion of classic UK credit... read more

12 Mar 14 @ 16:13

In its latest Threats Report security specialists McAfee Labs say they have identified 200 new malware samples per minute, or more than three new threats every second, during 2013, which... read more

12 Mar 14 @ 15:57

Hang Seng Bank is to join forces with mobile operators including HKT to strengthen the mobile payment ecosystem and offer customers the convenience of NFC to tap and pay for small... read more