Daily News

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52 million mPOS to be delivered in 2018

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

UK fraud increases

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

Digicash launches Beacon mobile payments using SEPA Credit Transfers

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

Mobile Payments and Fraud survey

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

Europe embraces contactless purchases in 2013

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

New York regulator to allow regulated digital currency exchanges

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

50% of one-time passwords fail to arrive

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

UK credit cards spending hits 10-year high – delinquencies fall

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

CaaS – Cybercrime-as-a-service

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

Hang Seng Bank strengthen mobile payment ecosystem in HK

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

MasterCard and Visa prepare to fight EMV patent litigation

12 Mar 14 @ 15:22

Visa and MasterCard have been in court to fight the EMV patent litigation they face from SmartMetric, Inc. SmartMetric is the owner of an issued United States Patent & Trademark Office patent... read more

Transforming Payment Systems

12 Mar 14 @ 11:10

In this special supplement, PCM – in conjunction with Alaric, an NCR company and a global supplier of fraud prevention and payments processing products – outlines how banks and other... read more

Trending

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