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Cashless volumes – The war on cash continues

11 Mar 14 @ 09:21

New fronts in the war on cash are being opened up worldwide through a range of innovative services and payments products. Is the dream of a cashless society far-fetched? While we... read more

UK’s Payments Council launches Paym mobile payments service

10 Mar 14 @ 17:04

The UK’s Payments Council is to launch a secure means for consumers to make payments using a mobile number, in a long awaited service backed by the UK’s banks, called... read more

Windows XP deadline approaches for ATM’s

10 Mar 14 @ 13:00

In a stark warning from the PCI Security Standards Council, up to 95% of the world’s ATMs could be left wide open to hackers next month when Microsoft ends tech support... read more

Visa and MasterCard form USA EMV acceptance group

10 Mar 14 @ 12:52

Visa and MasterCard have launched a cross-industry EMV acceptance group to improve security for card transactions and press US retailers and banks to meet a 2015 deadline to adopt technology that would make it safer... read more

Baidu applies for China banking license

10 Mar 14 @ 12:43

Chinese search engine, Baidu has formed a partnership to apply for a private banking license, as China’s biggest search engine provider moves from acting as a store front for money market funds... read more

Are financial services ready for biometric technology?

07 Mar 14 @ 10:58

Biometric technology is a big talking point at the moment as there is growing consumer dissatisfaction with PINs, passwords and general security around mobile payments. The further down the digital... read more

US payment card fraud

06 Mar 14 @ 15:33

Payment card fraud in the US is rampant, and it’s adding up to big losses. The US accounted for 51% of global payment card fraud costs in 2013, according to BI... read more

The Face Behind Bitcoin

06 Mar 14 @ 15:15

Satoshi Nakamoto stands at the end of his sunbaked driveway looking timorous. And annoyed. He’s wearing a rumpled T-shirt, old blue jeans and white gym socks, without shoes, like he... read more

European Banking Authority virtual currency taskforce

05 Mar 14 @ 15:40

The European Banking Authority (EBA) will create a taskforce to advise it on whether virtual currencies like beleaguered Bitcoin, should be regulated. The watchdog said that the taskforce will be... read more

SWIFT create bank compliant KYC Registry to fight financial crime

05 Mar 14 @ 15:16

SWIFT has created a financial crime compliance services unit headed up by Luc Meurant. The expanding team is tasked with launching SWIFT’s Know Your Customer (KYC) Registry shared services platform, which... read more

Sale on cards stolen in Target breach

04 Mar 14 @ 15:56

Last year’s Target breach flooded underground markets with millions of stolen credit and debit cards. In the days surrounding the breach disclosure, the cards carried unusually high price tags — in... read more

Banco Sabadell roll-out Host Card Emulation (HCE) for NFC mobile payments

04 Mar 14 @ 15:38

Banco Sabadell has announced the launch of its technology pilot, delivering Host Card Emulation (HCE) for NFC mobile payments. This solution simplifies the complexity typically associated with mobile payment deployments, enabling... 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