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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

Taiwanese government invests in domestic mobile payments

25 Jan 18 @ 11:55

The Taiwanese government has planned to promote adoption of mobile payments by subsidising transaction fees to make in-store mobile payments more attractive to consumers. Government departments can help promote mobile... read more

An interview with Worldline CEO Gilles Grapinet: PSD2 – a goldmine of opportunities

25 Jan 18 @ 11:37

On January 13 the Revised Payment Services Directive, PSD2, came into force across the EU. Worldline’s CEO Gilles Grapinet speaks in a new interview about the huge opportunities for banks,... read more

Cash marches on – Forecasting future bank note demand

18 Jan 18 @ 17:43

In mid-September, the Bank of England issued a new polymer £10 note featuring the author Jane Austen. The notes include raised dots in the upper corner to help blind and... 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

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more