28 Mar 18 @ 10:14
Poor password management – including the continued reliance on default, stolen, weak and non-unique passwords – is a key factor in more than 80% of hack-driven breaches, according to Verizon’s... read more
27 Mar 18 @ 10:54
Spanish police have arrested a Ukrainian national they suspect is the head of the infamous Carbanak cyber crime gang that stole more than €1bn from 100 financial institutions, often by... read more
27 Mar 18 @ 10:46
Instagram has introduced a direct-to-consumer e-commerce brand with the launch of Instagram Shopping in the UK, an update on the social media platform allows consumers to seamlessly purchase products directly... read more
26 Mar 18 @ 13:44
Payconiq, a mobile payments app supported by the majority of Belgian and Dutch banks, is to merge with Bancontact, the Belgian market leader in electronic payments. Created from a merger... read more
26 Mar 18 @ 12:37
On April 15, 2018, Visa’s new rules on chargebacks, called Visa Claims Resolution or VCR will come into effect. This new program has already gone live in Hong Kong and... read more
26 Mar 18 @ 09:59
UK headquartered banks are still planning for a March 2019 departure from the UE after European regulators declined to offer any formal assurances for how business can be conducted during... read more
23 Mar 18 @ 15:47
ASEAN financial institutions are focusing increasing investment on payments modernisation, with real-time payments capabilities serving as the first step to digital transformation across consumer and corporate services, per new benchmark... read more
23 Mar 18 @ 14:12
TransCrypt is using Telegram as a base to launch a new universal cryptocurrency payment system that acts within the interface of popular messaging platforms, allowing users to send or receive... read more
23 Mar 18 @ 12:13
Amazon is making a cross-border e-commerce transactions push for merchants on its website to sell goods into other countries, setting the stage for greater competition with rival marketplaces run by... read more
21 Mar 18 @ 07:21
Nearly all Chinese travellers (91%) would be more willing to shop and spend at overseas merchants that accepted Chinese mobile payments, according to a new Nielsen report, jointly released by... read more
20 Mar 18 @ 11:45
The Open Banking ecosystem can learn a lot from the smartphone operating system (OS) market. In particular, banks that are developing APIs in a bid to control the new ecosystem... read more
20 Mar 18 @ 11:35
Online research from Equifax, shows that using a debit or credit card with a PIN number is still the preferred method of payment for 42% of people in the UK.... read more
16 Mar 18 @ 16:26
There can be little doubt after this year’s Sibos that digital disruption drives new ecosystems, marketplaces and businesses; thus, changing the game for how banks connect to their clients and... read more
16 Mar 18 @ 16:13
In the 1982 sci-fi movie Blade Runner, Harrison Ford played Deckard, an ex-detective tasked to track down replicants — robots who were so lifelike that it was almost impossible to tell man from... read more
15 Mar 18 @ 20:21
Transaction laundering has quickly evolved into one of the payment industry’s most prominent and most difficult problems. Transaction laundering — also previously known as “undisclosed aggregation” or “factoring” — occurs... read more
15 Mar 18 @ 14:00
Dan Schulman, PayPal CEO has said that mobile is going to “fundamentally redefine” the retail industry and change the way consumers think about the Check out. “Already, it’s starting to... read more
14 Mar 18 @ 15:25
That scammers are buying and selling your stolen personal info on the dark web and it’s not just credit card details is not new. However, with hacked dating profiles, streaming... read more
14 Mar 18 @ 14:56
Central to mobile payments is the mobile wallet, the consumer-facing platform that acts as a front end for wider mobile payment services and functionality. Deploying a mobile wallet platform capable... read more
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
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
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