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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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Diebold Nixdorf warns banks of new ATM compromise attacks

22 Jul 20 @ 08:44

Diebold Nixdorf is warning stores, banks, and other customers of a new hardware-based form of “jackpotting,” the industry term for attacks that thieves use to quickly empty ATMs. The new... read more

Only 9% of major banks monetise payments data

15 Jul 20 @ 11:55

Only 9% of the world’s top tier banks are effectively monetising payments data. Findings from Aite Group’s report “The Payments Transformation Race: Criteria for Success”, commissioned by Icon Solutions, also... read more

Cybercrime spike as pandemic creates perfect storm for fraud

15 Jul 20 @ 10:34

With COVID-19 increasingly being used as a hook to commit fraud, threatening consumers and businesses of all sizes, a recent industry discussion was held to discuss ‘the rise of financial... read more

What’s blocking the future of invisible payments and why?

14 Jul 20 @ 14:53

Invisible payments have already had a massive impact on the physical and online retail experience, and could have the potential to eradicate cash and payment cards from the payment journey.... read more

Incumbents, Challengers, FinTechs And BigTechs: working together for post-COVID-19 banking success

14 Jul 20 @ 10:11

Together with Euromoney, Banking Circle hosted a webinar to debate the challenges of the emerging post-COVID-19 world, and how financial services providers can work together for the best results. Featuring... read more

SEB to implement virtual accounts solution

13 Jul 20 @ 09:14

SEB will launch a new virtual account management solution in partnership with Nordic software company TietoEVRY. With the new service, the bank can offer its corporate customers virtual cash management... read more

Is Apple Pay working on a QR code based payments system?

10 Jul 20 @ 13:40

According to people who are familiar with Apple iOS code, the forth coming iOS 14 update is being prepared for consumers to pay for items by scanning a QR code... read more

Opera pushes hard into digital financial services with Bank acquisition

10 Jul 20 @ 09:43

Opera, one of the world’s leading browser providers with more than 360 million users, and new offerings across content, classifieds and digital financial services, has announced its intention to purchase... read more

Clear the runway – unblocking payments in the Middle East

09 Jul 20 @ 13:10

From Egypt and Jordan through to the Gulf, the Middle East has seen a lot of progress in payments. Yet some significant roadblocks remain, including rising fraud, enabling cards for... read more

European e-commerce set to continue future growth

09 Jul 20 @ 11:45

Growth in European e-commerce sales reached €636 billion in 2019, up by 14.2% from the previous year. European e-commerce turnover is forecast to grow at around 12.7% and to hit... read more

Click to Pay digital checkout experience goes live globally

08 Jul 20 @ 12:26

American Express, Discover, Mastercard and Visa have announced they are each beginning technical preparations for global expansion of the Click to Pay online checkout – based on the EMV Secure... read more

“Germany’s Enron” – the secondary effects of Wirecard’s collapse, examined

08 Jul 20 @ 11:23

Wirecard’s dramatic fall from grace has thrust corporate governance and industry regulation across Europe firmly in the spotlight. The Munich-based payments processor filed for insolvency on Thursday 25 June, reportedly... read more

Digital banking study: Biometrics have the last password

08 Jul 20 @ 11:05

New reveals that despite universal consumer advice that one password for all financial accounts is equivalent to leaving the front door open, only 40% of UK consumers have separate passwords... read more

Rule of the machines: can AI and ML really help fight fraud?

06 Jul 20 @ 11:08

Fraud has been a problem since coins were introduced more than two thousand years ago. In today’s digital age, the problem won’t go away – indeed, it’s getting worse despite... read more

Success in e-commerce: Mind the consumer journey gap

06 Jul 20 @ 09:30

Four in ten UK shoppers (38%) abandon an e-commerce purchase at least once a week, with a fifth (21%) claiming to do so more regularly. That’s according to new research... read more

Research Note: The future of digital commerce and payments in a digital society

03 Jul 20 @ 13:08

To remain competitive and optimise customer satisfaction, application leaders responsible for digital commerce must anticipate the future of consumer payments. Payments have the potential to be entirely cashless, but may... read more

Major Eurozone banks begin implementation of the European Payments Initiative (EPI)

02 Jul 20 @ 14:23

A group of 16 major European banks from five countries (Belgium, France, Germany, the Netherlands and Spain) paved the way for the future launch of the European Payments Initiative (EPI). ... read more

Wirecard offices raided as fraud allegations gain momentum

01 Jul 20 @ 16:21

Wirecard’s offices in Germany and two locations in Austria have been raided by Munich prosecutors looking into the €1.9 billion that went missing from the company’s accounts. 12 prosecutors and... read more

Trending

Visa launches Intelligence Commerce Connect tool

14 Apr 26 @ 20:03

Visa is stepping up its push into agentic commerce with the launch of Intelligent Commerce Connect, a new tool intended to help businesses plug into AI-driven s... more

Revolut eyes an IPO, but the valuation story is the real headline

21 Apr 26 @ 14:35

Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more

American Express launches agentic commerce developer kit

16 Apr 26 @ 11:46

American Express is positioning itself early for what could become one of the next major shifts in digital payments: AI agents that do more than recommend produ... more