magazine

Latest Issue

THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

Subscribe now

Daily Insights

Global payments news direct to your inbox

Sign up free

DAILY NEWS

ALL NEWS

Protection for the 21st Century: How secure are merchants?

19 Jul 19 @ 09:48

According to an article which first appeared in InPayments, Security is an ongoing concern for SMEs, especially when transactions are taking place via online channels, with customers and service providers... read more

P2P drives mobile money to exceed 200 billion transactions

19 Jul 19 @ 09:35

New data from Juniper Research has found that the volume of domestic money transfers via mobiles will exceed 203 billion in 2024, up from 130 billion in 2019. Domestic P2P payments will... read more

LG Pay finally launches mobile payments in US

19 Jul 19 @ 09:21

LG Electronics has reportedly launched its mobile payment app in the US. The LG Pay app will be available for download across select LG phones. Reports cite, LG also recently... read more

EPSM joins call for extension to Strong Customer Authentication deadline

11 Jul 19 @ 11:58

The influential trade group body European Payment Service Providers for Merchants (EPSM) has joined the growing voice of the banking and payments industry to push back the forthcoming Strong Customer... read more

Marriott International facing $123 million GDPR fine data breach

10 Jul 19 @ 10:52

Marriott International Hotel group has become the second firm to face a GDPR fine as the UK regulator continues to bear down on companies that fail to protect data. The... read more

New variants of Russian mobile Banking Trojan Riltok go international

10 Jul 19 @ 10:44

Kaspersky researchers have discovered that the money-stealing mobile malware, Riltok has launched new variants and is extending its targeting from Russia to the rest of the world, starting with Europe,... read more

Infographic: Libra cryptocurrency by Facebook

10 Jul 19 @ 10:34

Facebook has officially revealed plans for its much anticipated global cryptocurrency LibraCoin, with the backing of a number of major companies. Facebook’s ambitions for the new currency, called LibraCoin, were made... read more

Report: Contactless payments in Russia moving towards mobile

04 Jul 19 @ 11:24

According to a new report by Yandex.Money, Russian customers are noticeably using contactless payment methods to pay for purchases: the number of payments made with smartphones has increased nearly threefold... read more

Nets and Swish partner on first of its kind in-store payments pilot

02 Jul 19 @ 11:47

Nets and Swish have announce their collaboration on an in-store payments pilot programme. Until now, Swish has mostly been used for account-to-account transactions and, more recently, e-commerce payments. Now, the... read more

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

Trending

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more

Bank of England Warns DLT Complexity in Settlements

18 May 26 @ 17:07

The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more

Visa announces €500 Million European Investment Signals Strategic Response to Payments Sovereignty Push

31 May 26 @ 12:59

The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions acros... more