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Ransomware and hacking now bigger threat to UK businesses than hostile states

17 Jun 21 @ 09:39

Cyber criminals carrying out ransomware attacks are now a bigger risk to UK national security  and businesses than online espionage by hostile states, Britain’s cyber defence chief has warned. Lindy... read more

UK Finance 2021 Payments Market Report – Contactless and Mobile on top

16 Jun 21 @ 12:02

UK Finance has released its 2021 Payments Market Report, an analysis of all forms of payments over 2020 showing the impact the Covid-19 pandemic and resultant lockdowns had on the... read more

World Bank Report: International remittance defies COVID-19 predictions

16 Jun 21 @ 11:02

Defying predictions, remittance flows have proved to be resilient during the COVID-19 crisis according the World Bank. In 2020, officially recorded remittance flows to low-and middle-income countries reached $540 billion,... read more

INTERVIEW: Why is the Eurasian payments market good for growth

15 Jun 21 @ 15:30

Based in the UK, Victoria Conroy is a writer and researcher, and the Editor of PCM’s Digital and Card Payments Yearbooks. We asked Victoria for her perspective on the highlights... read more

Want to grow your payments business? Go East – Eurasian payments are heating up

15 Jun 21 @ 15:24

Rapid growth in card issuance and usage, a fast-expanding POS network and growing economies. The Eurasian payments market holds exciting opportunities for all kinds of payments players – so why... read more

Cyber security needs a new approach

14 Jun 21 @ 16:17

For some time, PCM has championed the need for companies to completely rethink their approach to cyber security. New approaches to cyber security are vital to combat everything from money laundering... read more

CBDC beyond borders: BIS results from a survey of central banks

14 Jun 21 @ 15:22

Central bank digital currencies (CBDCs) could ease current frictions in cross-border payments – and particularly so if central banks factor an international dimension into CBDC design from the outset. Based... read more

The European Commission takes Luxembourg to court over AML failings

14 Jun 21 @ 14:59

The European Commission has taken Luxembourg to court, asking the European Court of Justice (ECJ) to impose penalties, on a daily basis, for failing to put new EU AML (Anti... read more

Visa and cryptocurrency: Inside the networks digital currency plans

11 Jun 21 @ 16:17

It’s been on the cards for some time, but 2021 is finally seeing established payment companies take the opportunities of cryptocurrency seriously, and among those taking a serious look at... read more

Bank identity checks push one in four consumers to a competitor

11 Jun 21 @ 15:44

New data from FICO reveals the levels of consumer tolerance to new account opening security checks. With 23% of UK respondents admitting to going to a competitor if asked to visit... read more

The reason Europe’s banks want EPI to end US dominance in payments

11 Jun 21 @ 15:03

The last time the banks and infrastructure providers in the European payments market tried to build a payments network capable of taking on the US companies that dominate the sector,... read more

El Salvador rolls the dice – makes Bitcoin legal tender

10 Jun 21 @ 15:13

I am not sure if this is a late April fool or even that it constitutes as news, but El Salvador just became the first country in the world to... read more

Banque De France, Swiss National Bank and BIS enter CBDC trial

10 Jun 21 @ 14:48

The Banque de France, Swiss National Bank and the BIS Innovation Hub have announced they will trial a wholesale central bank digital currency (CBDC). The trial aims to use the digital Swiss... read more

Digital payments: Top tips for securing SoftPOS payments

10 Jun 21 @ 12:33

Digital payments have sky-rocketed in popularity as consumers have sought new, more hygienic ways to pay. SoftPOS payments offer numerous benefits to consumers and merchants alike. Comprised of software solutions... read more

Russian national payment system Mir now available in South Korea

10 Jun 21 @ 09:46

BC Card, the biggest payment processing company in South Korea, has done a deal with NSPK, a Russian national payment company, to process card payment of Mir system in South Korea.... read more

Open Banking Readiness Index: An in-depth pan-European study

09 Jun 21 @ 01:20

We are delighted to offer you the chance to download the Open Banking Readiness Index: The Future of Open Banking in Europe, a new, ground-breaking study into the development of... read more

11 major banks trial blockchain intraday FX swap trial

08 Jun 21 @ 16:18

11 banks have participated in a trial of blockchain based FX intraday swaps. NatWest, Deutsche Bank, Bank of Ireland, Banca Mediolanum and seven other banks participated with $14.5 trillion in combined... read more

The hour the internet broke: Today’s collapse will have lost e-commerce retailers $1 billion

08 Jun 21 @ 14:37

As some of you may be aware, many of the world’s largest global e-commerce retailers including Amazon, eBay and Etsy were hit by the global web outage this morning. Major... 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

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... 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