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Banks are missing out on a customer payment data goldmine

17 Oct 22 @ 16:45

Nets has launched a new product that helps banks which are currently struggling to collate and interpret customer payment data. Time and budget constraints mean most banks do not keep up... read more

Has SCA made it too hard to pay by card?

17 Oct 22 @ 16:04

As implementation of the EU’s Strong Customer Authentication (SCA) moves from a “soft” to “hard” state – that is, with liability transferring to those merchants that don’t employ SCA –... read more

Are you balancing your payments business on a house of cards?

17 Oct 22 @ 10:21

A new white paper from Compass Plus Technologies asks a pertinent question often overlooked in discussions around payments business legacy system replacement: in an industry that is increasingly embracing alternative... read more

UK Fraud report: H1 2022 sees decline in fraud of 13%

13 Oct 22 @ 11:19

UK Finance has released its latest fraud report covering H1 2022. The report shows that while the end of the pandemic has seen a fall in overall fraud losses, some... read more

The European Council approves Markets in Crypto-Assets (MiCA) regulation

13 Oct 22 @ 11:04

The European Council’s Permanent Representatives Committee has approved MiCA, the Markets in Crypto-Assets regulation text, and sent it to the chair of the European Parliament Committee on Economic and Monetary... read more

Alert: BidenCash marketplace gives away data on 1.2 million credit cards

13 Oct 22 @ 10:34

A dark web marketplace named BidenCash has released a massive file of 1.2 million credit cards data to promote the marketplace, allowing anyone to download them for free to conduct... read more

E-commerce fraud losses to exceed $48 billion globally

12 Oct 22 @ 16:53

A new study has found that the total cost of e-commerce fraud to merchants will exceed $48 billion globally in 2023, from just over $41 billion in 2022. It predicts... read more

Deutsche Bank and Fiserv launch Vert in Germany – Winners and Losers?

12 Oct 22 @ 11:06

It has been almost a year and a half since Deutsche Bank and Fiserv announced the founding of a joint venture for the German market called FSDB Merchant Services GmbH.... read more

Mastercard launches contactless card for the quantum computing era

12 Oct 22 @ 08:13

In Q1 2021, Mastercard saw 1 billion more contactless transactions compared to the same period in 2020, and in Q2 2021, 45% of all in-person checkout transactions globally were contactless.... read more

Indian central bank announces digital rupee CBDC trial

11 Oct 22 @ 17:10

The Reserve Bank of India has said it will pilot a digital rupee for specific use cases and also released a concept note on Central Bank Digital Currency (CBDC). The... read more

Cheque use drops to all time low – Faster Payments picks up slack

11 Oct 22 @ 13:23

Cheque usage continues to decline for business-to-business (B2B) payments in US and Canada (North America), falling to an all-time low of 33% since AFP (Association for Financial Professionals) began tracking this... read more

Payment Processing as a Business – A huge opportunity for Banks

10 Oct 22 @ 15:20

Research conducted by Celent has revealed that, in response to commercial pressures and changing scheme and regulatory requirements, payments processing is transforming from a commodity to a business, creating compelling... read more

Payments industry continues strong post pandemic recovery statistics

10 Oct 22 @ 13:08

A new report on the recovery of the payments industry suggests the global payments industry demonstrated its resilience again in 2021, more than recouping the revenue erosion experienced in 2020,... read more

Worlds largest crypto exchange Binance suffers massive hack

10 Oct 22 @ 12:28

Over the weekend, Binance, the world’s biggest crypto exchange suffered a cyber hack that has culminated in a estimated loss of around $570 million and further damages the struggling digital... read more

Report: Central Bank Digital Currencies in Asia and the Pacific

07 Oct 22 @ 11:16

The rise of central bank digital currencies (CBDCs) is a global phenomenon. As of August 2022, two central banks have formally launched a CBDC: the Central Bank of the Bahamas... read more

Report: Underscoring the importance of cybersecurity amid shifting fraud threats

07 Oct 22 @ 09:17

Visa has shared an updated look at how fraud has evolved since the height of the pandemic, with criminals simultaneously targeting online and offline vulnerabilities as our daily lives return... read more

5 of Europe’s best workplaces, and why

07 Oct 22 @ 09:00

Recently, Great Place to Work revealed its list of Europe’s Best Workplaces for 2022. In the Multinational rankings, 25 huge companies, many of them household names, came out on top.... read more

56% of FCA regulated firms have not implemented critical Consumer Duty deadline

06 Oct 22 @ 16:15

Businesses are in danger of failing to embrace the opportunity that the upcoming Consumer Duty regulation presents and may not be compliant due to a failure to prepare. New research... read more

Trending

ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more