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eBay dumps PayPal for Adyen – BofA signs global collaboration

01 Feb 18 @ 14:23

Its been a mixed day for Paypal. eBay, one of the world’s biggest online marketplaces, announced that it’s dropping PayPal as its main partner for processing payments in favour of Adyen. The... read more

HCE and EMV Tokens – causing an inflexion point in mobile payments

01 Feb 18 @ 13:48

In the Netherlands, mobile payments using HCE are becoming ubiquitous. Other European countries, such as Belgium, France or Germany follow the same trend, with adoption rate reaching in some cases... read more

Google deletes 700,000 dangerous apps from Google Play In 2017

01 Feb 18 @ 10:13

As has been well documented, the Google Android ecosystem has been struggling with two major problems – fragmentation and vulnerable dangerous apps. In the last few years, however, Google has solved... read more

MyBank payments hit €5 billion milestone

01 Feb 18 @ 09:44

PRETA S.A.S announced that MyBank Payments have enabled the initiation of payment transactions for a total transacted value of over €5 billion since its launch in March 2013. This milestone... read more

German girocard mobile payments pilot gets thumbs up

31 Jan 18 @ 17:34

In December 2017, the Cooperative Financial Network Volksbanken Raiffeisenbanken in Germany started a “Friends&Family” pilot project for girocard mobile payment via smartphones, using a digitized credit card or girocard (girocard... read more

Oracle POS flaw affecting over 300,000 POS systems worldwide

31 Jan 18 @ 14:27

ERPScan researchers published the details of a new vulnerability recently fixed by Oracle. The vulnerability affects its MICROS POS terminals and allows an attacker to read sensitive data from devices.... read more

UK warning as Link plans ATM interchange reductions

31 Jan 18 @ 13:01

Link – the UK’s largest cash machine network – wants to lower the interchange fee that card issuers in the network pay to each other and independent providers when their... read more

Zelle P2P payments network moves $75 billion in 2017

30 Jan 18 @ 13:26

Zelle announced $75 billion in money moved in 2017 across its P2P payments network, as millions of consumers reduced their dependence on physical checks and cash in the US. The $75 billion  across the... read more

Visa Checkout hits 1 million enrolled UK consumers

30 Jan 18 @ 13:00

Visa says that Visa Checkout has surpassed 1 million enrolled accounts in the UK. Visa’s online payment method, which was launched in May 2017, enables consumers to pay securely in... read more

Cybersecurity data threat report: Trends in encryption and data security

30 Jan 18 @ 12:36

The harsh realities of the current state of cybersecurity are made starkly apparent by the seemingly endless reports of major data breaches, which continue unabated despite consistent increases in IT... read more

Huawei Pay debuts in Russia with UnionPay as mobile wallet market is expected to hit $3.14 trillion

29 Jan 18 @ 17:00

Huawei Technologies and China UnionPay have set their sights on international markets, as they prepare to launch Huawei Pay digital wallet technology outside the mainland, going shoulder to shoulder against... read more

First multi-asset digital wallet bridges gap between fiat and cryptocurrencies

29 Jan 18 @ 15:14

WAWLLET has launched the world’s first regulatory-compliant multi-asset wallet and personal financial passport, connecting people, banks and financial services, letting users transfer between them instantly, wherever their accounts or assets may... read more

Infograph: The incredible growth of FinTech

29 Jan 18 @ 14:55

FinTech remains a hot topic in 2018. However the first “FinTech” was first devised in 1918 by the US Federal Reserve. Its taken a long time to wind up, but... read more

Hackers have stolen 14% of the value of big cryptocurrencies

26 Jan 18 @ 14:56

Cryptocurrencies and the software developed to track them have become attractive targets for cybercriminals while also creating a lucrative new market for computer-security firms. In less than a decade, hackers... read more

Mobile wallets in India: What the world can learn

26 Jan 18 @ 11:59

India’s emergence as a digital payment powerhouse is an unlikely story. Until recently, cash accounted for 95% of transactions, 85% of workers were paid in cash, and 70% of online... read more

PCI council publishes security requirements for software-based PIN entry on devices

26 Jan 18 @ 09:32

The PCI Security Standards Council (PCI SSC) has announced a new PCI Security Standard for software-based PIN entry on commercial off-the-shelf devices (COTS), such as smartphones and tablets. The PCI... read more

Visa CEO hits out at Bitcoin refusing to process transactions

25 Jan 18 @ 14:48

Bitcoin, the world’s largest cryptocurrency, is not really money and Visa will not get involved in processing Bitcoin related transactions won’t touch it, the CEO has said in an interview with... read more

Google parent company Alphabet launches cyber security company

25 Jan 18 @ 12:23

Google’s parent company Alphabet says it is launching a cyber security company using technology created in its research and development arm called X. Chronicle will try to give organisations a... read more

Trending

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more

Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more

UK Banks complete first live transactions using Tokenised Deposits

27 Sep 26 @ 18:52

Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more