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Danish banking collective launches nationwide mobile payments Bokis

27 Apr 17 @ 10:21

A Danish banking collective, named Bokis, has become the first to offer a mobile payments product using the highly popular national debit card, Dankort. Bokis consists of 62 banks from the small... read more

The future of identity and authentication – a bank perspective

27 Apr 17 @ 09:44

Connectivity is changing the world and the way we interact with one another. Last year, figures showed that the global population owned around 6 billion connected devices, approaching one for... read more

Cashless society: decline in cash use continues across Europe, the USA and Australia

26 Apr 17 @ 16:34

Money has taken on many forms over millennia; our relationship with currency often alters along with it. Lately, a key theme has been technological change to a cashless society: notes... read more

Cashless society: Australian merchants’ cash receivables to drop below 2% by 2022

26 Apr 17 @ 12:01

Australian merchants have reported that cash receivables plummeted by 46% between 2010 and 2016, new research from market analysts East & Partners has found. Should this trend continue, cash payments... read more

Entrust Datacard partner to improve Payment Data Security worldwide

26 Apr 17 @ 11:53

Entrust Datacard announced that it has joined the PCI Security Standards Council as a new Participating Organization to work on payment data security worldwide. Entrust Datacard will work with the Council to... read more

Dutch banks join forces to launch all-in-one mobile payments app Payconiq

25 Apr 17 @ 14:23

Six of the major Dutch banks – ABN Amro, ASN Bank, ING, Rabobank, Regiobank and SNS – say they will launch Payconiq, a mobile payments app this summer. The app,... read more

Social network payments now reach nearly $3 trillion in China

24 Apr 17 @ 14:09

A new UN study reveals that social network payments through Alipay and WeChat Pay enabled $2.9 trillion in Chinese digital payments in 2016, representing a 20-fold increase in the past four... read more

BBVA complete blockchain based money transfer pilot with Ripple

21 Apr 17 @ 16:42

BBVA just completed the first real-life implementation of an international money transfer using Ripple’s new Distributed Ledger Technology (DLT). The transaction, running on BBVA infrastructures with real money, successfully completed... read more

Visa’s $20 billion European expansion beginning to pay off

21 Apr 17 @ 16:10

Visa Inc. acquired Visa Europe, spent a lot, and says it has no regrests. Revenue climbed more than analysts expected in the fiscal Q2 and is expected to increase to the upper end of... read more

Staying one step ahead in the ATM security challenge

21 Apr 17 @ 13:45

This year marks 50 years since the introduction of the first ATM, which was put into use by Barclays in its Enfield branch in north London on 27th June 1967.... read more

Mastercard unveils next generation biometric card in South Africa

20 Apr 17 @ 15:49

Mastercard has unveiled its next generation biometric card, combining chip technology with fingerprints to conveniently and safely identify cardholders for in-store purchases. South Africa is the first market to test the evolved... read more

InterContinental confirms malware based payment card breach at 1200 hotels

19 Apr 17 @ 15:52

In December 2016, KrebsOnSecurity broke the news that fraud teams at a number of banks were seeing a pattern suggesting a widespread, malware based, payment card breach across some 5,000 hotels worldwide owned... read more

FinTech in the MENA region – Payments take centre stage

19 Apr 17 @ 13:38

According to a new report, the FinTech (financial technology) sector is rising globally, and has already arrived in the Middle East and North Africa (MENA). In fact, the number of... read more

Samsung introduce Contactless Companion Platform to enable “Digital Cash for Everyone”

19 Apr 17 @ 11:39

Samsung has announced the launch of the Contactless Companion Platform (CCP) together with its ecosystem partners, Smartlink and Ingenico, built with its dual interface smart card chip for Digital Cash... read more

Updated Android Pay selected by top global banks to enhance mobile banking apps

18 Apr 17 @ 13:48

Android Pay has linked its mobile wallet service to a handful of mobile banking apps, giving consumers the ability add their cards more quickly to the mobile wallet. Customers of Bank of... read more

Swift introduces fraud tool but comes under pressure from hacking group NSA claims

18 Apr 17 @ 13:39

Swift has revealed a service designed to help banks spot fraudulent messages and avoid a repeat of the now infamous Bangladesh Bank hack. Customers are able to integrate the service directly into... read more

ACH volume grows to more than 25 billion payments and $43 trillion

18 Apr 17 @ 10:53

Following four consecutive quarters of more than 5 billion electronic payments in each quarter – a first for the ACH Network – overall volume in 2016 amounted to 25.6 billion... read more

A step towards financial inclusion with mobile banking using new ISO standards

13 Apr 17 @ 10:35

Mobile banking not only makes our life easier, it gives access to banking services to those that have none. A new series of standards just published will provide the platform... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more