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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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Open Banking: Opening up business everywhere

17 Oct 18 @ 15:13

Even though it’s early days for Open Banking there are already plenty of trailblazers offering new services.From Forex to rental accommodation, personal identification to loyalty schemes, many customer experiences are... read more

World Payments Report 2018: digital payments booming

16 Oct 18 @ 17:03

Digital payments are experiencing a boom, driven by developing markets, according to the World Payments Report 2018 launched by Capgemini and BNP Paribas. However, the innovation landscape in payments is uncertain as... read more

SWIFT expedite standardisation by creating financial sector API blueprint

16 Oct 18 @ 15:08

SWIFT has published a blueprint for common API standards following collaboration with European banking standards bodies, STET and Berlin Group NextGenPSD2 – who together represent many of the region’s banks... read more

PSD2: giving Merchants the upper hand around strong customer authentication

16 Oct 18 @ 12:57

The Second Payment Services Directive (PSD2) certainly covers a lot of ground, but one important and largely overlooked aspect is the requirement that: “strong customer authentication […] should be applied each... read more

European Payment Terminal Crime Report – Card fraud losses fall

12 Oct 18 @ 11:50

The European Association for Secure Transactions (EAST) has just published a European Payment Terminal Crime Report covering the first six months of 2018 which reports that losses due to card fraud... read more

UPI leads vibrant Indian mobile wallet rankings

12 Oct 18 @ 10:43

Unified Payments Interface (UPI) that allows for instant bank-to-bank fund transfers is gradually taking the lead over the vibrant mobile wallet market in India. A large chunk of P2P remittance... read more

Mastercard, AmEx and Worldpay join inaugural Cyber War Game

11 Oct 18 @ 13:54

Mastercard, WorldPay and AmEx were among the payment processors who took part in a ‘cyber war game’, in a bid to test their systems amid rising IT security threats. The... read more

Ingenico and Natixis eye strategic merger

11 Oct 18 @ 09:18

The French bank Natixis is reported to be reviewing a potential deal with Ingenico as the companies look to expand in the rapidly consolidating payments sector. In a statement today,... read more

The cashless society – Maintaining trust in the payment system

11 Oct 18 @ 08:54

There is no doubt that lack of trust in the payment system remains a fundamental obstacle to a cashless society. Research shows that consumers are now more concerned than ever... read more

Have Apple, Amazon and other US heavyweights been hacked?

10 Oct 18 @ 10:24

It has recently been reported that a number of US technology heavyweights including Amazon and Apple have been hacked. According to Bloomberg, in 2015, Amazon.com began quietly evaluating a startup called Elemental Technologies,... read more

What is the future direction of banking?

10 Oct 18 @ 08:28

Still dealing with the damage to consumer confidence after the crisis of 2008 and the new opportunities being seized by FinTech businesses the big banks are caught in a perfect... read more

Trustly partners with the largest European P2P marketplace Mintos

09 Oct 18 @ 10:46

Trustly has partnered with Mintos, a global online marketplace for loans which provides retail investors with a way to invest in loans from around the world. By implementing Trustly’s direct... read more

Contactless payment cards to account for over 50% of all cards delivered globally in 2018

08 Oct 18 @ 12:45

Contactless payment cards issuance is set to hit 1.5 billion units in 2018, accounting for over 50% of all payment card shipments delivered globally. Breaking the 50% barrier marks a... read more

Asia outpaces West in terms of mobile wallet adoption

08 Oct 18 @ 09:24

Mobile wallet adoption in Asian markets like China, India and Taiwan is much higher than their Western counterparts such as the US, the UK and Germany. According to a new... read more

Why the High Street banks should start to be concerned by the Challenger banks

05 Oct 18 @ 16:23

In the last couple of weeks two Challenger banks have hit the UK. N26 is a German direct bank, headquartered in Berlin, that offers its services throughout most of the... read more

Has Amazon Bank already arrived?

05 Oct 18 @ 10:58

It has long been predicted that Amazon would eventually make a move into banking. In March, Payments Cards and Mobile reported that the online retailer was in talks with J.P. Morgan to offer current... read more

Retailers look to launch voice commerce but is the market ready?

04 Oct 18 @ 13:05

Argos has become the first retailer in the UK to offer a voice commerce and search shopping services via the Google Assistant platform. While the success is yet to be... read more

$88.6 million of funds laundered through cryptocurrency exchanges

04 Oct 18 @ 12:46

A Wall Street Journal investigation has uncovered that $88.6 million in illicit funds have been transacted through 46 cryptocurrency exchanges. The WSJ reported that $9 million of the suspect funds went through crypto exchange ShapeShift.... read more

Trending

Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

FCA probes Paypal, Mastercard and Visa competition

07 May 26 @ 16:30

The UK’s Financial Conduct Authority has opened a competition investigation into PayPal, Mastercard and Visa, examining whether commercial arrangements linked... 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