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Delta and Sears data breaches expose hundreds of thousands of credit cards

10 Apr 18 @ 10:53

Delta and Sears have revealed within hours of each other that a data breach may have leaked the credit card information of hundreds of thousands of customers, as first reported... read more

Verifone to be acquired by Francisco Partners for $3.4 billion

10 Apr 18 @ 09:56

Verifone Systems and Francisco Partners, a leading technology-focused private equity firm, have announced that they have entered into a definitive agreement under which an investor group led by Francisco Partners... read more

$1.7bn worth of cryptocurrency stolen since 2011

09 Apr 18 @ 14:34

Crypto Aware has found that over $1.7 billion-worth of cryptocurrencies were lost to hacks and scams between 2011 and 2018. $670 million-worth of which were lost over the last three months.... read more

PSD2 open banking: The ticking timebomb for financial institutions

09 Apr 18 @ 14:21

The overall idea behind PSD2 open banking is not new, Yodlee and others have for a while aggregate accounts, and they have done this through a process known as screen... read more

PAYPAL FILE PATENT TO SPEED UP CRYPTOCURRENCY PAYMENTS

09 Apr 18 @ 12:36

PayPal has reportedly filed a patent to speed up cryptocurrency transaction times by eliminating the verification time of the payment, However, some experts argue that this is already made possible... read more

The key to building a successful Financial Institution mobile payments strategy

06 Apr 18 @ 13:41

Fiserv has published a white paper outlining how financial institutions can build a successful mobile payments strategy that drives consumer engagement and lays the foundation for future growth. “As mobile payments... read more

Voice enabled P2P payments growing through digital assistant

06 Apr 18 @ 11:52

Google recently announced a new Google Assistant feature: the ability to make  P2P payments money transfers  to your friends as well as request cash using voice and Google Pay. The feature is... read more

UK bank accounts: true digital capabilities in customer on-boarding

05 Apr 18 @ 11:15

There are a number of challenger banks in the UK looking to shake up the traditional status quo, dominated by the incumbents who have a wide range of accounts and... read more

Blockchain and distributed ledger technology move from promise to practice

05 Apr 18 @ 10:48

Blockchain and distributed ledger technology (DLT) have been key disruptors discussed for several years now. But compared with previous years, when many of the discussions were conceptual, at finally there... read more

Heavy-weights join board of reserve-backed cryptocurrency

04 Apr 18 @ 11:51

In an under reported story regarding the ultimate direction of cryptocurrencies, some of the world’s best-known economists have announced plans to create what could be described as a reserve-backed cryptocurrency.... read more

Top 4 Blockchain companies to watch in 2018

04 Apr 18 @ 11:05

The more blockchain-based initiatives there are being released into the market, the more difficult it can be to understand which of those are the most interesting applications of the technology.... read more

Banks now recognising the benefits of cloud computing technology

04 Apr 18 @ 10:47

Amid the excitement generated by technologies such as quantum computing, virtual reality, artificial intelligence and distributed ledger (DLT), cloud computing can be often overlooked. Yet at the recent Sibos event,... read more

Walmart extends financial services with money transfer operation

03 Apr 18 @ 18:05

Walmart like Amazon is moving itself further into traditional financial services provider territory, by expanding its money transfer operation to 200 countries Through the new money transfer operation, people will... read more

European Commission proposes cheaper cross-border payments

03 Apr 18 @ 10:26

The European Commission has announced what the industry sees as a long overdue proposal to make cross-border payments in euro cheaper across the entire EU. Consumers and businesses in the... read more

Singtel announces plans for pan-Asian mobile wallet

29 Mar 18 @ 13:54

Singtel has announced it will connect its Singapore mobile payments service with commercial offerings from associates and partners across Asia, in a bid to create a pan-Asian network of mobile... read more

PSD2 open banking, who will use it?

29 Mar 18 @ 10:30

The first thing to be clear about is that PSD2 open banking is not the same as UK Open Banking currently live with the CAM9, although not all of them... read more

Open Banking viewed as big opportunity for UK FinTechs

29 Mar 18 @ 10:15

UK FinTechs see Open Banking as a major area of opportunity for 2018, according to the EY UK FinTech Open Banking Snapshot, launched at HMT FinTech conference. The majority (81%)... read more

Payment card acceptance set to surge by 40% to 85 million outlets worldwide

28 Mar 18 @ 10:46

The latest cards research, Global Payment Cards Data and Forecasts to 2022, reveals that the number of card-accepting merchant outlets rose by an impressive 7 million in 2016 to 61... 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