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5.5 billion GlobalPlatform-certified Secure Elements shipped in 2017

31 Oct 18 @ 18:35

GlobalPlatform, the standard for secure digital services and devices, has conservatively calculated that more than 5.5 billion Secure Elements (SEs) deployed in 2017 were based on its specifications, an increase... read more

FCA set to outlaw the sale of cryptocurrency derivatives

30 Oct 18 @ 12:58

The FCA says it is looking at a potential ban on the sale of cryptocurrency derivatives based on cryptocurrencies such as Bitcoin, in a move that would make it the... read more

Hitachi and SBI JV to accelerate digital payments in India

30 Oct 18 @ 12:03

Hitachi Payment Services, a wholly-owned subsidiary of Hitachi, and State Bank of India (SBI) have signed a definitive agreement to enter into a joint venture for the establishment of a... read more

Global IoT growth surges – 28 billion connected devices by 2021

29 Oct 18 @ 17:01

Mobile phones continue to be the largest category of connected devices, but in 2018 they are expected to be surpassed by IoT, which includes connected cars, machines, utility meters, remote... read more

UnionPay stays on top as the world’s largest card scheme

29 Oct 18 @ 14:04

New research reveals that the number of payment cards in circulation worldwide reached 15 billion at the end of 2017, with UnionPay continuing to hold the largest share. The 15... read more

Sweden’s central bank prepares to launch digital currency e-Krona

29 Oct 18 @ 13:37

Sweden’s central bank, the Riksbank, has been widely reported as preparing the idea of using a centrally issued digital currency, e-Krona,  for a while – but now it has firm plans... read more

NCR steps into payments with JetPay acquisition

24 Oct 18 @ 12:21

NCR announced a definitive agreement to acquire US based JetPay, a provider of end-to-end payment processing. The transaction will be a cash tender offer of $5.05 per JetPay share, which... read more

PCM Report: Payment fragmentation is the “new normal” across all markets

23 Oct 18 @ 08:46

Research published today and sponsored by RS2 examines the payment landscape across a number of global markets, and finds that proliferating payment channels and the expectations of consumers and merchants... read more

Digital disruption report: Bank revenue growth at risk

18 Oct 18 @ 18:06

New entrants to the banking market including challenger banks, non-bank payments institutions and big tech companies are amassing up to one-third of new revenue, which is challenging the competitiveness of... read more

Major life-threatening cyber attacks on UK ‘in little doubt’

18 Oct 18 @ 16:32

The National Cyber Security Centre (NCSC) has published its second annual review, revealing it has prevented Britain falling victim to nearly 1,200 cyber attacks in the past two years. It... read more

Global payments revenue to double from $1.1 trillion to $2.4 trillion in 2027

18 Oct 18 @ 14:21

Global payments remain one of the brightest spots in the financial services universe. Propelled by positive macroeconomic tailwinds, continuing technological advances, and expanding digital and non-cash mechanisms, global payments businesses... read more

Australia’s proposed anti-encryption law compels software “back doors”

17 Oct 18 @ 16:17

Apple, in a rare public protest, has exposed the Australian government’s proposed anti-encryption bill, calling it “dangerously ambiguous” and “alarming to every Australian”. The Access and Assistance Bill would see... read more

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

Trending

ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more

Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more