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Digital ID framework to begin testing in Canada

16 Sep 20 @ 15:06

The Digital ID & Authentication Council of Canada (DIACC) has announced the launch of the Pan-Canadian Trust Framework (PCTF), a set of digital ID and authentication industry standards that will define... read more

Tesco Bank introduces Open Banking payments for 2.6 million customers

16 Sep 20 @ 14:41

Tesco Bank is to become the first UK bank to introduce Open Banking technology that allows its 2.6 million credit card customers to more easily manage and pay their balance.... read more

Beyond a billion: The mobile money landscape in Asia

15 Sep 20 @ 12:24

In 2019, the mobile money industry reached a major milestone of exceeding 1 billion accounts, where Asia made a remarkable contribution adding 42 million new accounts. Currently, Asia hosts 473... read more

Bank of America sets record for patents filed and granted during H1 2020

15 Sep 20 @ 10:41

Bank of America has recorded the most patents filed and granted in the first half of any year in the history of the company. Demonstrating the seriousness with which the... read more

MYHSM expands strategic partnerships with Compass Plus

15 Sep 20 @ 09:26

MYHSM, a provider of cloud-based Payment Hardware Security Modules (HSM) as a Service has announces its partnership with Compass Plus, an international provider of retail banking and electronic payments software... read more

Hackers steal millions in cryptocurrency – How do they turn it into real cash?

14 Sep 20 @ 14:18

For years criminals have made money through criminal schemes like drug trafficking and counterfeiting cash. In the last decade, criminals have increasingly turned to cybercrime – using hackers to conduct... read more

Research note: The top 10 consumer pattern changes in the shift to digital

14 Sep 20 @ 13:26

Anyone who has read the title to this post and is wondering what its all about, should perhaps read more news. Meaning that the shift towards digital has happened and... read more

E-payments: Latin America joins the race to develop alternative payments methods

14 Sep 20 @ 09:50

The Latin American e-payments market is in full development. We are seeing high rates of growth in alternative payment methods and processing solutions, especially after countries such as Chile and... read more

Everything you need to know about eIDAS for Open Banking

11 Sep 20 @ 12:08

For those less familiar, the Electronic Identification, Authentication and Trust Services, or the eIDAS system as it is more commonly known, came into effect on 1st July 2016, with Regulation (EU) 910/2014 on electronic identification... read more

Life beyond legacy: assessing digital payments in the Middle East

11 Sep 20 @ 10:10

As the global face of financial technology changes beyond all recognition, the need for the right kinds of payments solutions to be in place has never been greater. Built to... read more

Why biometrics are the future of securing digital currency

10 Sep 20 @ 16:07

The world is moving ever closer to digital currency for all. Although investors have watched cryptocurrencies such as Bitcoin and Zcash grow for years, national digital currencies are now starting... read more

Banking Circle improves payments transparency with ‘Payments On Behalf Of’

10 Sep 20 @ 15:29

Financial infrastructure provider, Banking Circle, is tackling the compliance and reconciliation issues often faced in global B2B payments with its new Payments on Behalf of (POBO) and Collections on Behalf... read more

Mastercard launch Central Bank Digital Currencies testing platform

09 Sep 20 @ 14:26

With the global economy racing to embrace digital payments, central banks also are looking to the future and Central Bank Digital Currencies (CBDCs), investigating how to support innovation while maintaining... read more

Smart checkout technologies to process $387 billion in transactions

08 Sep 20 @ 10:56

A new study has found that the value of transactions processed by smart checkout technologies, where the fixed checkout process is replaced by a frictionless model, will reach $387 billion... read more

Analysis of UK credit card issuer data shows uplift in spending and payments

08 Sep 20 @ 10:05

New UK credit card issuer data has been released for the period June and July 2020, the below is an analysis of UK credit card trends post COVID-19. The data... read more

Visa hit by EC digital wallets investigation

07 Sep 20 @ 16:20

Visa says the European Commission (EC) has opened a preliminary investigation into the its rules for staged digital wallets. Visa has faced criticism for attaching higher fees to staged digital... read more

New web card skimmer steals credit card data and sends via Telegram

07 Sep 20 @ 14:14

The digital card skimmer landscape keeps evolving, often borrowing techniques used by other malware authors in order to avoid detection. Defenders of the ecosystem look for any kind of artifacts... read more

The top ten challenger banks by value – and why

07 Sep 20 @ 12:46

Challenger banks have raised hundreds of millions in venture capital to take on bank incumbents. But how are these startups doing at reaching, converting, and engaging millions of customers? Challenger... 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