01 May 18 @ 09:56

The Financial Application Vulnerabilities Report, announces the findings of an annual report on the state of e-banking security by Positive Technologies. The report is drawn from audits performed by the company, finds that... read more

30 Apr 18 @ 13:32

In the first quarter of 2018, more than $25 billion moved through the Zelle Network, up 15% quarter-over-quarter (QoQ), on 85 million transactions, up 14% QoQ. “Zelle is replacing cash and checks for sending... read more

30 Apr 18 @ 10:24

Traveller expectations are at an all-time high. In the age of on-demand, mobile services and the convenience of ‘tap-and-go’ M-Ticketing technology, the public transport industry is under increasing pressure to... read more

27 Apr 18 @ 10:24

Earlier this year, Google pushed out a redesign to its mobile wallet and changed the name from Android Pay to Google Pay. Now, Google Pay has passed 100 million installs from the... read more

27 Apr 18 @ 10:14

eBay and PayPal have confirmed the signing of a previously-announced agreement to offer PayPal as a way to pay on eBay until July 2023. This new agreement builds on the... read more

27 Apr 18 @ 10:05

European legislation called the General Data Protection Regulation (GDPR) is set to apply as of 25th of May 2018. It will definitely change how personal data are being processed in... read more

26 Apr 18 @ 09:38

A 27-member Governance Framework Formation Team (GFFT) has spent eight months working on a draft governance framework for a new US Faster Payments Council (FPC). The draft for the new... read more

26 Apr 18 @ 08:52

Recent reports manifests how “smart” technology, such as voice-enabled digital devices and virtual assistants, could be shockingly blind to security threats. As per reports, researchers discovered a flaw in Amazon’s Alexa virtual assistant that enabled... read more

23 Apr 18 @ 11:03

Cash is still by far the most widely used form of payment in all regions of the world and cash in circulation is growing, according to a new report published... read more

23 Apr 18 @ 10:26

JCB says it will soon be dropping PIN authentication and will conduct a pilot trial of its latest JCB Biometrics Card with fingerprint authentication. JCB’s Contactless payment solution is provided... read more

20 Apr 18 @ 11:18

The Open Banking initiative in the UK has finished a three-month managed roll out programme, leaving regulated companies free to start offering Open Banking related services. Since mid-January, the Open... read more

20 Apr 18 @ 09:40

The major payment networks Visa, Mastercard and American Express say they are preparing for a better online payments experience by backing the EMVCo Secure Remote Commerce specification (SRC). The specification, announced... read more

20 Apr 18 @ 09:25

Despite well-reported reductions in the use of cash across the country, new research from international legal practice, Osborne Clarke, reveals that UK consumers are now more concerned than they were... read more

19 Apr 18 @ 15:05

Cifas, the UK’s leading fraud prevention service, has released a new report identifying and detailing the fraud trends, like identity fraud, from over 300,000 cases of fraudulent conduct recorded in 2017.... read more

19 Apr 18 @ 11:50

Verifone says it has implemented AES DUKPT with its end-to-end encryption solution, VeriShield Total Protect, its Engage family of payment devices, and Carbon 8 & 10. Co-designed by Verifone, AES DUKPT is a new security key... read more

18 Apr 18 @ 11:46

TransferWise has become the first non-bank company to gain direct access to the UK’s Faster Payments Scheme, which TW says will help it compete with banks on sending money overseas.... read more

18 Apr 18 @ 11:38

Almost half (45%) of corporates see a bank’s B2B payables and cross-border payments offering as being a very or extremely important factor in the bank selection process. In its 2017... read more

18 Apr 18 @ 11:17

China Construction Bank (CCB), the China’s second largest lender by assets, has opened an unstaffed, self-service bank branch in Shanghai this week, run by pure technology including facial recognition (FR), artificial intelligent... read more