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New figures reveal identity fraud falls for the first time since 2014

14 Aug 18 @ 13:34

Cifas, the UK fraud prevention service, has released new figures showing that identity fraud has fallen for the first time since 2014. Figures show a 5% drop in the first six... read more

Infograph: 60 stats & trends for the future of e-commerce

14 Aug 18 @ 10:14

Today, e-commerce is used on a daily basis and living without it seems just complicated and inconvenient. New technologies and innovations are continuously changing and exponentially improving the user experience... read more

Stripe set to launch Stripe Issuing APIs for programmable payment cards

13 Aug 18 @ 14:11

Stripe, the mobile payments provider and disruptor, is set to launch Stripe Issuing, a platform for creating, distributing, and managing physical and virtual cards via APIs. According to the firm, this... read more

Retail fraud volume and cost increase sharply according to 2018 True Cost of Fraud report

13 Aug 18 @ 13:56

In the new and comprehensive 2018 True Cost of Fraud report, for the retail sector, LexisNexis Risk Solutions findings show fraud is escalating at an unprecedented pace in an industry already operating... read more

Microsoft Pay enhanced with Masterpass connection for online payments

07 Aug 18 @ 14:52

Microsoft has announced in a blog that Microsoft Pay is now integrated with Mastercard’s Masterpass service, allowing you to connect your accounts to streamline online payments. In bringing the two together,... read more

Banking industry concerns grow as Big Tech turn to FinTech

07 Aug 18 @ 13:38

Since the birth of FinTech there has been a growing anxiety for bank executives as to how and when big tech companies will start to focus on the banking industry. During its... read more

Credit card interchange fees backlash grows as US heavy weigh expands Visa ban

07 Aug 18 @ 12:53

US mega merchant Kroger Co. is considering expanding a ban on Visa credit cards imposed by one of its subsidiaries, in the latest signal that retailers are preparing a fresh battle over... read more

IoT and tokenized payments – why they are so important to the growth of the industry

06 Aug 18 @ 13:22

Refrigerators, cars, watches, rings — what do all of these items have in common? They are all IoT products that are capable of connecting to the internet and completing transactions... read more

Fraud losses rising across Europe – UK see 8% drop in card fraud

06 Aug 18 @ 13:08

Markets across Europe have made significant gains in the fight against card fraud, specifically in France and the UK, which achieved 6% and 8% reductions. Despite this, losses across the... read more

Blockchain deployments could save banks more than $27bn annually

03 Aug 18 @ 10:58

A new study has found that blockchain deployments will enable banks to realise savings on cross-border settlement transactions of more than $27 billion by the end of 2030, reducing costs by... read more

Why some markets are more e-commerce friendly than others

02 Aug 18 @ 16:26

It’s no secret, e-commerce has grown exponentially in popularity over the past decade. However, all markets have matured at different rates, with influence from socioeconomic factors. According to recent research... read more

Dark web: The criminal cyber services market

02 Aug 18 @ 14:04

The news today is full of stories about financial damage caused by the dark web, cyber crime and hacker attacks against organisations, or about hundreds of thousands of user accounts... read more

Payments industry faces regulatory investigation into card acquiring services

01 Aug 18 @ 14:09

The UK’s Payments Systems Regulator (PSR) has launched an investigation into card acquiring services and whether Britain’s big banks and payments specialists such as Worldpay and Wirecard have taken advantage... read more

Indian card fraud sky rockets as cashless Indian society reality bites

01 Aug 18 @ 08:53

In June 2018, Indian police in Mumbai, the countries financial capital, broke the back of a card fraud and cloning racket that involved waiters at bars and restaurants across the city... read more

Security fears threaten biometric payments growth

01 Aug 18 @ 08:36

As reported earlier by PCM, Biometric payments are poised for significant growth, but substantial consumer security concerns could put its future at risk according to a new report from Transaction... read more

Mastercard files new patent for Bitcoin transactions on credit cards

31 Jul 18 @ 13:41

Mastercard recently won a patent to protect a method that would manage “fractional reserves of blockchain currency”, meaning consumers might one day be able to charge their purchases on their credit... read more

New digital payment service BANCOMAT Pay launched in Italy

31 Jul 18 @ 09:01

BANCOMAT has launched its new digital payment service with the BANCOMAT Pay brand. Thanks to an agreement with SIA, BANCOMAT Pay will integrate the Jiffy service, allowing PagoBANCOMAT cardholders to... read more

US Digital Payments Adoption Study

27 Jul 18 @ 11:45

Early Warning Services, the network operator behind Zelle, has published the results of its first Digital Payments Adoption Study. The aim is to track consumer adoption, use, and attitudes toward digital payments,... read more

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more