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PayPal partners Google for deeper payments integration

25 May 18 @ 13:22

Google has deepened its relationship with PayPal, making it easier to make mobile payments on premium apps and services (like the new YouTube Music, for example). It’s been possible to... read more

SIA makes €375 million acquisition of First Data’s European card processing unit

25 May 18 @ 12:47

SIA and First Data have signed an agreement for SIA to acquire First Data’s card processing businesses in parts of Central and Southeastern Europe for €375 million. In 2017, these... read more

How is the on-demand economy impacted by fraud?

24 May 18 @ 17:31

The term on-demand refers to the way in which a good or service is sold as opposed to what is sold. The primary characteristic of on-demand is that the customer... read more

The Chargeback Triangle – what happens when transactions go wrong?

24 May 18 @ 12:45

Chargebacks were a $31 billion problem in 2017 — a burden that extends far beyond the liability for disputed transactions. Complying with complex and arcane rules that vary across networks... read more

US banking market on the road to consolidation of its 5,600 banks

24 May 18 @ 11:50

The US banking industry has largely sat out the M&A wave of recent years. While deal records have fallen in almost every other sector, big banks have done almost nothing,... read more

Internet of Payments (IoP) – Is this the future of Paying?

23 May 18 @ 20:02

Today, there are more objects enabled with Internet access than ever before – from smartwatches and kitchen appliances to vehicles. Intelligent devices can, in principle, do all sorts of things... read more

Smart Payments Association position on the RTS on SCA

23 May 18 @ 16:46

On 13 March 2018, the regulatory technical standard (RTS) on strong customer authentication (SCA) was finally published in the Official Journal of the European Union – some twenty months after... read more

OSPT Alliance launches CIPURSE training program with FIME

23 May 18 @ 09:03

Global technical association, OSPT Alliance has collaborated with FIME to develop and launch a technical training program. It will educate security, ID, payment, access control and transport players on the... read more

Cloud scalability seduces the financial sector – but there are challenges

21 May 18 @ 20:58

The financial sector, while forging ahead in other areas of digital transformation, has been relatively slow to adopt the cloud and there has been good reason for it: banks have... read more

Windows 10 ATM Migration – ATMs set for another countdown shakeup

21 May 18 @ 16:46

A few  years ago, most banks and ATM network operators were breathing a sigh of relief as they completed their final ATM migration upgrade to Windows 7. Although ATM migration... read more

Walmart shelves Mobile Express Scan & Go

21 May 18 @ 12:11

Walmart is reported to have shelved its Mobile Express Scan & Go service. In a note attached to a blog post about Scan & Go, the company said it discontinued... read more

Digital transactions in Europe bombarded with a 30% increase in cyberattacks

18 May 18 @ 09:43

ThreatMetrix has announced new data revealing a 30% year-on-year increase in the volume of cyberattacks hitting Europe in the first quarter of 2018. The ThreatMetrix Q1 2018 Cybercrime Report: Europe Deep-Dive reveals evolving... read more

PayPal acquires iZettle for $2.2 billion

18 May 18 @ 08:49

PayPal is reported to be acquiring mPOS specialist iZettle for $2.2bn. PayPal is paying double the amount that iZettle, which is focused on Europe and Latin America, was targeting in its IPO,... read more

Next phase of digital disruption arrives on the rails of real-time payments

17 May 18 @ 11:33

As of late 2017, more countries and regions joined the global real-time payments movement. With the arrival of European Banking Association Real-Time 1 (EBA RT1), SEPA Instant Payments, The Clearing... read more

Swift Network caught in the middle of EU Vs US sanctions showdown

17 May 18 @ 11:10

The Swift network, whose financial messaging system facilitates cross-border payments, has been caught in the middle of the US and EU showdown over how to handle one of the linchpins... read more

The evolution of online scams: 21 game-changing cyber crimes infograph

16 May 18 @ 13:30

With recent questions over cyber security, cyber crimes and the security of online personal data, many people are becoming wary of how their online presence can endanger their finances, and... read more

French bank consortium deploys mobile P2P payment service – Paylib

16 May 18 @ 13:15

BNP Paribas has announced it is set to compete against other money transfer services such as PayPal, Venmo, and Lydia by deploying its new mobile P2P payment service, Paylib.  Other members of the Paylib consortium,... read more

Facebook reported to be creating its own cryptocurrency

16 May 18 @ 11:58

Facebook is exploring the creation of its own cryptocurrency, Facecoin, a virtual token that would allow its billions of users around the world to make electronic payments, people familiar with... 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