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Five arrests made in $45 million cyberheist

19 Nov 13 @ 18:42

Five men in New York have been arrested in connection to a huge cyberheist after “packing bags to the brim with stolen cash.” Federal prosecutors said that the group of thieves... read more

Live at Cartes: NXP enables NFC and secure internet payment

19 Nov 13 @ 10:35

NXP has announced that the PN544PC, a derivative of the most widely adopted near field communication (NFC) radio controller (PN544), is being integrated into select new computing devices. Intel’s 4th... read more

Live from Cartes: DNB bank and Telenor launch NFC payment service

19 Nov 13 @ 09:58

Gemalto is providing TSM Nordic, a company owned by Telenor and DNB, with mobile contactless technology for Norway’s first mobile NFC payment service. Telenor is Norway’s leading mobile operator with... read more

UK crime agency warns of bitcoin ransomware threat – Cryptolocker

18 Nov 13 @ 14:34

The UK’s National Cyber Crime Unit is warning that tens of millions of PC users across the country are being spammed by e-mails loaded with notorious bitcoin ransomware Cryptolocker. The... read more

Barclays to cut 1,700 jobs – mobile banking to blame

18 Nov 13 @ 12:58

UK Banking giant Barclays says it is to cut 1,700 jobs from its branch network in the UK, the cuts come as it scales back the number of branches across... read more

SEQR mobile wallet launches in Belgium with bpost Bank

14 Nov 13 @ 17:45

Seamless has continued its rapid rise in the mobile wallet space with its SEQR. A collaboration with bpost bank in Belgium has been announced that will enable consumers to connect... read more

PayPal waives $50,000 of payment fees for start-ups

14 Nov 13 @ 11:20

PayPal is giving digital start-ups a helping hand by waiving up to $50,000 in payment processing fees for 18 months. PayPal’s Start-up Blueprint Program reduces the costs for start-ups helping... read more

ZNAP says UK mobile money is failing users

14 Nov 13 @ 11:18

MPayMe, the company behind the global mobile business platform ZNAP, has unveiled new research that indicates that mobile money is not living up to the hype and failing to deliver... read more

UK more open to mobile wallets than US counterparts

14 Nov 13 @ 11:17

A majority of UK consumers would use mobile wallets, according to recent research carried out by secure electronic transactions consultancy Consult Hyperion. This 58% figure in favour is in contrast... read more

CaixaBank and Telefonica team for mobile payments

14 Nov 13 @ 11:16

Spain’s CaixaBank and telco Telefonica have announced the launch of a new company, Telefonica Consumer Finance, which aims to strengthen the provision of mobile payment handsets and services to consumers... read more

Thales delivers secure mobile point of sale solution

13 Nov 13 @ 16:39

Thales has announced a strategic relationship with Spire Payments to enable merchants to adopt mobile point of sale (mPOS) systems that fully support PIN based transactions, including the use of... read more

Microsoft issue warning over XP – Bankopalypse

13 Nov 13 @ 16:29

Microsoft have issued a warning to the Indian banking industry suggesting the entire industry could be facing meltdown as new research claims over 34,000 publicly-funded bank branches are still reliant... read more

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Thunes links stablecoin payouts to the Swift banking network

26 Mar 26 @ 19:08

Thunes is attempting to narrow one of the most persistent divides in modern payments: the gap between traditional banking infrastructure and the digital asset e... more

Visa targets dispute costs with new AI tools for merchants and banks

02 Apr 26 @ 18:44

Visa is stepping up its effort to modernise one of the most cumbersome parts of the payments chain, launching a suite of artificial intelligence-powered dispute... more

Swift moves from concept to execution with Blockchain

02 Apr 26 @ 18:44

Swift is moving its blockchain-based shared ledger from design theory into practical deployment, marking a notable moment in the evolution of institutional cros... more