01 Oct 18 @ 10:11
The UK’s financial regulator (FCA) has issued Tesco bank with a £16.4 million penalty over an online cyber incident that occurred two years ago, the first fine the FCA has... read more
01 Oct 18 @ 09:24
Ransomware attacks are a key cybersecurity threat for global organisations, warns Verizon’s 2018 Data Breach Investigations Report (DBIR). Ransomware is the most common type of malware, found in 39% of malware-related data... read more
28 Sep 18 @ 10:47
2018 marks the fifth year of FIS’ report “Flavors of Fast”. It was originally inspired to capture the early but remarkable influences of faster payments schemes around the world. In... read more
28 Sep 18 @ 09:36
Snapchat has announced it is testing a new way to search for products on Amazon.com through the Snapchat app’s camera, allowing users a mobile commerce experience by shopping directly using the... read more
28 Sep 18 @ 09:21
When it comes to mobile payments, China is leaving the rest of the world standing. The trillions of dollars in mobile payment transactions that were carried out by Chinese consumers... read more
27 Sep 18 @ 09:36
First Data has launched a new anti-fraud detection service, FirstSense. It enables financial institutions to identify at-risk accounts across all card brands and prevent fraud. The newly launched platform combines... read more
25 Sep 18 @ 10:45
75 of the world’s biggest banks are turning to the Interbank Information Network (IIN) a blockchain payments platform to fight the threat of new payments rivals in what will be... read more
25 Sep 18 @ 10:10
The $110 trillion payments business is facing further and major disruption from the FinTech revolution that will upend the traditional financial services industry and create new opportunities for venture-backed companies... read more
25 Sep 18 @ 09:24
In September 2015, Entrepreneur Magazine pointed out to its readers that, at the time of writing, there were some 200 different ways to make electronic payments. To put that in its... read more
24 Sep 18 @ 16:38
As if life isn’t complex enough for retailers, as they struggle to implement the latest omni-channel experience for consumers and shoppers abandon the high streets, a new report has found... read more
24 Sep 18 @ 12:48
Visa and Mastercard will have to continue rolling with the punches as it becomes clear that even the record $6.2 billion settlement made last week won’t be enough to end... read more
24 Sep 18 @ 12:23
The Singapore government is set to allow access to its real-time payments system, FAST, to extend the availability of the payments systems for FinTechs and other payments players. The country... read more
20 Sep 18 @ 14:56
Initial coin offerings, or ICOs, are a recent craze in the cryptocurrency world. Despite being just a couple of years old, ICOs have managed to attract a lot of attention.... read more
20 Sep 18 @ 14:11
In yet another blow to the burgeoning cryptocurrency market, it has been reported that Zaif, a Japanese digital currency exchange, has had $60 million stolen. Tech Bureau, the operator of Zaif... read more
19 Sep 18 @ 10:00
China UnionPay, which in 2015 became the world’s biggest payment card issuer, has announced plans to launch UnionPay branded cards in the UK, a first step in a larger European... read more
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
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
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
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
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
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