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Visa and Mastercard make $6.2 billion offer to settle US interchange fees case

19 Sep 18 @ 09:56

Visa and Mastercard along with a group of their top US acquirer banks have proposed a $6.2 billion settlement of the long-running antitrust lawsuit over the interchange fees they charge... read more

China’s e-commerce market to reach $1.1 trillion in 2018

19 Sep 18 @ 09:09

China’s e-commerce market will hit $1 trillion this year, a year ahead of predictions, according to Forrester. The report reveals the growth in mobile shopping and consumer spending in categories... read more

Infographic: The industries falling victim to Data Breaches

18 Sep 18 @ 15:09

Data breaches are plaguing all industries globally, but some are more affected than others. This infographic looks at some of the differences, including how attractive payments-related data is to criminals... read more

Stripe enters physical POS payments market with Stripe Terminal

18 Sep 18 @ 14:30

Stripe is has announced that it will aim to disrupt traditional POS terminal manufacturers, expanding beyond e-commerce payments with the launch of a new product for POS payments in-store, called Stripe Terminal.... read more

Alternative payments essential at POS in Asia Pacific

18 Sep 18 @ 14:16

The desire for convenience by consumers is reshaping the retail sector, where retailers are scrambling to offer a seamless shopping experience with latest technologies such as self-service checkout systems and... read more

US regulator sues OCC for allowing FinTech bank charter

17 Sep 18 @ 17:10

In the continuing fight for supremacy between banks and FinTechs, one of the US top banking regulator in New York is to sue the US Office of the Comptroller of the... read more

2018 Debit Issuer Study: Improved Issuer performance and lower fraud losses

17 Sep 18 @ 16:50

The 2018 Debit Issuer Study found that US consumer debit use continued to grow in 2017, contributing to improved overall debit performance, while fraud losses per transaction declined for the second consecutive... read more

SMART Payments: Step 2 – Robo payments: reality, hype or hope?

17 Sep 18 @ 16:32

The “SMART Payments” series will provide insights on the components that are essential for any organisation wishing to succeed in digital finance and some examples of best practice – i.e.... read more

Mobile fraud reaches 150 million global attacks in H1 2018 attack rising 24%

14 Sep 18 @ 10:00

In a new infographic looking at mobile fraud we can see: 58% of digital transactions now originate from mobile devices Mobile attacks are increasing, with one third of all fraud... read more

UK consumers abandon e-commerce purchases due to lack of alternative payment methods

13 Sep 18 @ 10:00

Online retailers are continuing to lose out on sales by failing to address customers’ preferred alternative payment methods. According to new research, 67% of UK consumers have abandoned an online... read more

GRAFT announces first instant payment on decentralised payment network

13 Sep 18 @ 09:00

GRAFT (Global Real-time Authorizations and Funds Transfers), a blockchain payment network innovator has announced that it has achieved its first end-to-end instant payment transaction (under 2 seconds) on the GRAFT Network.... read more

SoftBank launch PoC for cross-carrier blockchain-based mobile payments service

12 Sep 18 @ 14:52

SoftBank, Synchronoss and TBCASoft have announced that they have partnered on a Proof of Concept (PoC) for a new cross-carrier mobile payments service based on the Rich Communications Service (RCS) global messaging standard... read more

Barclays quick to embrace Open Banking with 3rd party account view in banking app

12 Sep 18 @ 14:40

Barclays says it will embrace the Open Banking revolution by updating its core mobile banking app allowing customers to view accounts from rival banks in one place. This change has... read more

Ripple and R3 Consortium reach settlement in litigation

11 Sep 18 @ 14:12

Ripple Labs says it has reached a settlement “of all outstanding litigation” between R3 and XRP II, according to a press release published today. As per that statement, the details of the settlement... read more

Mobile payments driving retail e-commerce sales worldwide

11 Sep 18 @ 11:53

In 2017, retail e-commerce sales worldwide reached $2.304 trillion, a 24.8% increase over the previous year. Mobile payments were a key factor, as m-commerce sales totalled $1.357 trillion, making up... read more

PayPal still going strong as it moves past 250 million active accounts

11 Sep 18 @ 10:00

PayPal announced that it now has more than 250 million active customers using its payment services. It has taken the firm just over 18 months to get to that goal since it... read more

The problem with self-sovereign identity: We can’t trust people

10 Sep 18 @ 17:00

Two buzzwords often heard in identity today are self-sovereign identity and distributed identity. The reason for considering new models for identity is, among other things, to avoid a single point... read more

Use of artificial intelligence set to face public backlash

07 Sep 18 @ 16:15

Artificial intelligence will face a backlash from the public unless researchers and companies make a much greater effort to engage society in its development, one of Britain’s leading scientists has... 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