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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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26% of UK consumers directly affected by identity theft

15 Apr 19 @ 11:38

According to new research commissioned by LegalShield, over a quarter of UK consumers (26%) have been directly affected by identity theft, including a company breach, whilst 17% know family members... read more

Round-up: Financial crime in focus

10 Apr 19 @ 10:11

Newton’s Cradle (a highly favoured executive toy) was a common sound in offices for many years. If you cast your mind back to your schooldays you’ll no doubt remember that... read more

Global value of e-commerce deals in 2018 hits $1.1 trillion

09 Apr 19 @ 13:04

The value of e-commerce mergers and acquisitions value grew by $20 billion over 2017’s figures, buoyed by massive transactions like Walmart’s acquisition of Indian e-retailer Flipkart ($16 billion), and Adobe’s... read more

Mobile wallet trends annual report 2019

09 Apr 19 @ 10:00

GATE (Global Acceptance Transaction Engine) has released its Mobile Wallet Trends Annual Report, highlighting trends in both mobile wallet and mobile payment usage across global markets. Mobile wallets are still... read more

The future of KYC? What’s so cool about KY3P

08 Apr 19 @ 12:35

A group of 12 regional and digital financial institutions have joined together as investors and members in KY3P, for managing third-party risk and optimising the processes by which financial institutions... read more

SEC report reveals 95% of Bitcoin trading volume is fake

08 Apr 19 @ 10:23

A recent research report by Bitwise Asset Management revealed that 95% of the reported trading volumes in Bitcoin by CoinMarketCap.com is fake and artificially created by unregulated exchanges. Surprisingly, this fake data... read more

Why is Citigroup launching a B2C payments platform?

05 Apr 19 @ 12:20

Citigroup recently announced that it is developing a consumer-payments platform (B2C payments), in a move to enter the rapidly growing digital payments industry. Citi’s new service will offer merchants a... read more

WhatsApp to launch wallet for payments through major cryptocurrencies

05 Apr 19 @ 12:10

WhatsApp is rumoured  to be developing a cryptocurrency wallet service, developed by Wuabit, and allowing users to make payments via Bitcoin along with other major digital currencies The new service... read more

Biometrics and fraud: You’re one in 7 billion

03 Apr 19 @ 11:50

The biometrics market as a whole has grown substantially in recent years due in part to accuracy improvements in the algorithms used to support voice biometric authentication as well as... read more

105 Organisations announce new Blockchain association INATBA

03 Apr 19 @ 11:16

105 organisations representing the full distributed ledger technology (DLT) ecosystem, including a number of big names from the financial services sector, announced their commitment to a new platform, the International... read more

Thales completes €4.8 billion takeover of Gemalto

03 Apr 19 @ 09:53

French  electronics group Thales has completed its previously announced €4.8 billion ($5.4 billion) takeover of Gemalto, boosting Thales’ presence in the booming security services market. Thales had to clear various... read more

Varying regulation between regions hampers innovation

02 Apr 19 @ 15:17

Different approaches to the regulation of new payments technologies is creating confusion and uncertainty for payments companies and consumers within different regions and between countries. This uncertainty risks impeding innovation... read more

PCM Feature: Acquiring and processing – the next wave

02 Apr 19 @ 15:09

A range of pressures are bearing down on acquiring and processing businesses, including the emergence of new technologies such as faster payments and blockchain solutions – not to mention increasing... read more

Retailers and instant payments – Lessons from India and beyond

02 Apr 19 @ 10:27

65% of merchants want to accept instant payments. That’s because they know the customer experience (CX) benefits will drive growth for their business, and they recognise that this payment type... read more

FIME brings NFC Forum certification services to Japan

01 Apr 19 @ 08:32

FIME is the only testing laboratory in Japan accredited to provide NFC Forum testing and certification services. Japanese card, terminal and mobile device manufacturers can now benefit from local end-to-end... read more

More money laundering worries for Nordic banks

28 Mar 19 @ 11:06

Heads continues to roll in the Nordic banking sector as the chief executive of Swedbank was fired by the board, paying the price for a rapidly escalating €135 billion money... read more

The top 50 ACH receivers and originators by volume in 2018

28 Mar 19 @ 09:53

NACHA has released its Top 50 rankings of originators and receivers of ACH payments for 2018. The Top 50 originating financial institutions accounted for volume of more than 19.7 billion... read more

Card payments rise to 24% of total e-commerce spend

25 Mar 19 @ 16:36

Card payments online are growing at double digit rates and will continue to increase significantly faster than card spending at physical outlets to account for nearly a quarter of all... 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