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Payment card fraud funding terrorism and other transnational crimes

01 Jul 19 @ 06:18

Researchers at the premier dark web data intelligence company, Terbium Labs, have released the findings of new research that examines the deeply intertwined nature of payment card fraud and transnational crime. Results... read more

FCA bows to pressure and allows more time for Strong Customer Authentication

01 Jul 19 @ 05:39

As powerful cross industry groups piled on the pressure, the UK’s Financial Conduct Authority (FCA) has published its response to the European Banking Authority’s Opinion on Strong Customer Authentication (SCA) under... read more

Goldman Sachs considering launching own cryptocurrency

01 Jul 19 @ 05:22

In a recent interview , David Solomon, CEO of  Goldman Sachs said the bank could “absolutely’ follow JPMorgan Chase in launching its own cryptocurrency. Solomon then went further by saying... read more

How is AI changing the banking industry?

27 Jun 19 @ 08:51

Both challenger and traditional banks are growing their focus on helping consumers save money. As customers increasingly look to save money for a rainy day and become more fiscally responsible,... read more

Strong Customer Authentication: What matters most to online shoppers – security or convenience?

27 Jun 19 @ 08:23

With Strong Customer Authentication (SCA) coming into force on 14 September 2019 as the final part of PSD2, many online businesses are required to add additional security measures to large... read more

Report: Adapting to the new reality of evolving cloud threats

25 Jun 19 @ 11:05

While Software-as-a-Service (SaaS) application usage is proliferating, and workloads are increasingly migrating to Infrastructure as a service (IaaS) like AWS and Azure, on-premises applications, storage, and private clouds persist. The... read more

EBA publishes an Opinion on the elements of strong customer authentication under PSD2

25 Jun 19 @ 10:12

The European Banking Authority (EBA) has published  an Opinion on the elements of strong customer authentication (SCA) under the revised Payment Services Directive (PSD2). The Opinion is a response to... read more

P27 Nordic Payments Platform to build first real-time payments system across the region

25 Jun 19 @ 09:49

The P27 Nordic Payments Platform (owned by Danske Bank, Handelsbanken, Nordea, OP Financial Group, SEB and Swedbank) have announced a partnership with  Mastercard to provide real-time payments across the Nordic... read more

Banks warn on e-commerce failure as PSD2 deadline looms

24 Jun 19 @ 12:40

The first of the mandated PSD2 deadlines has been and gone and 41% of European banks did not comply with the PSD2 deadline, which required them to provide a testing... read more

What e-commerce merchants need from next-generation acquirers

24 Jun 19 @ 12:06

Common wisdom holds that small to medium-sized bricks & mortar merchants are reeling from the onslaught of e-commerce. It’s easy to lose sight of the fact that wildly popular electronic... read more

Only half of global banks are making significant advancements in digital transformation

21 Jun 19 @ 10:08

The $1 trillion that traditional retail and commercial banks have invested globally over the past three years to transform their IT operations has not yet delivered the anticipated revenue growth,... read more

Bank of England set to allow access to FinTechs

21 Jun 19 @ 09:47

The Bank of England has gone on record saying it will allow FinTech companies to store funds overnight in interest-bearing accounts at the central bank, allowing them to bank at... read more

Regulators immediately turn their focus on Libra Coin

19 Jun 19 @ 17:04

Their has been immediate regulatory scrutiny on Facebook’s plans to launch Libra Coin a new global digital currency as the announcement drew an immediate response from regulators from the Group... read more

New annual figures show UK fraud continues to rise

19 Jun 19 @ 16:25

Cifas, the UK’s fraud prevention service, has released an alarming picture of fraud in the UK with the release of  Fraudscape, the annual publication of its data that identifies and... read more

OpenWay and Oracle to redefine digital payment processing in the cloud

19 Jun 19 @ 09:27

OpenWay has successfully tested its digital payment platform WAY4 in Oracle Cloud. Financial institutions can now use this solution to drive payment innovations of any scale and  optimise their operating... read more

Facebook makes LibraCoin cryptocurrency project official

18 Jun 19 @ 11:28

Facebook has officially revealed plans for its much anticipated global cryptocurrency LibraCoin, with the backing of a number of major companies ranging from Visa and Mastercard to Lyft and Spotify.... read more

Contactless cards are consumers tool of choice for low-value payments

18 Jun 19 @ 11:00

Contactless cards will account for 57% of payment cards worldwide by 2023 as issuers increasingly offer them as standard, and acceptance grows to reflect customer demand. Research from RBR shows that... read more

World’s first e-money license for blockchain issued

18 Jun 19 @ 09:31

Monerium has received a license from the Financial Supervisory Authority of Iceland to issue e-money on blockchains through its subsidiary, Monerium EMI. The full license is the world’s first e-money... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more