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Apple Pay funding added to Western Union to enable mobile money transfer

06 Apr 17 @ 17:37

Western Union says that US customers using its mobile app can now pay with Apple Pay when sending money transfers originating in the US to more than 200 countries and territories worldwide,... read more

Security scans on 60,000 websites shows 78% of e-commerce websites at risk

06 Apr 17 @ 17:17

Security scans performed on 60,000 Magento websites, the most popular e-commerce platform, show that 78% are missing critical security patches, while 5% are confirmed to have payment card data harvesting... read more

US set to relax rules for banks – too big to fail problem solved

06 Apr 17 @ 16:37

Jamie Dimon, the CEO of JP Morgan Chase has come out in support of Donald Trump’s move to relax financial regulations, saying that the slew of new rules put in... read more

Breach Level Index – Cyber criminals mining for database gold

04 Apr 17 @ 11:54

The 2016 Breach Level Index Report has been published revealing that cyber criminals managed 1,792 data breaches leading to almost 1.4 billion data records being compromised worldwide during 2016, an increase... read more

Open access, Open banking and Open APIs – Are banks Open for business?

04 Apr 17 @ 11:04

With all the talk about open access, open banking and open APIs, it’s open season on ‘open’ in financial services at the moment. The PSD2 is driving the ‘open’ agenda... read more

FCA crackdown on contactless card fraud security flaw

03 Apr 17 @ 13:08

The UK’s FCA has set out measures to tackle contactless card fraud on contactless cards which have been reported lost or stolen. In a letter to the Treasury select committee, the... read more

US e-commerce fraud rates spike 33% in 2016 – EMV shift to blame

03 Apr 17 @ 12:14

Last year Experian reported that 2016 e-commerce fraud attack rates were on pace to surpass the 2015 totals. At the time, the fraud attack rates for the first half of 2016 appeared to... read more

76% of merchants experienced complete payments outages within the last year

03 Apr 17 @ 11:39

A new study commissioned by SafeCharge has revealed that payment outages and downtime are causing frequent disruption to merchants bottom line and growth abilities. The research ‘Payments, Interrupted’, conducted by... read more

Australia banks lose ruling to Apple Pay as mobile wallet continues dominance

31 Mar 17 @ 18:34

Apple Pay has won a major regulatory battle with Australian banks that will see it retain control of its contactless mobile payment technology. Four banks had wanted to negotiate with Apple... read more

Russian e-commerce market hits new highs to reach €16 billion

31 Mar 17 @ 13:27

The Russian e-commerce was worth €14.85 billion in 2016, an increase of 20% when compared to 2015, and is expected to rise rapidly to reach €16.14 billion at the end... read more

US activity for cheaper rivals send European M&A soaring

31 Mar 17 @ 13:17

Europe has become the main target for cross-border M&A in Q1 2017, as US companies ride a Trump-fuelled equity rally to hunt for bargains across the Atlantic. Mergers and acquisitions in Europe... read more

Global Blockchain startup map

29 Mar 17 @ 10:43

The blockchain ecosystem made great leaps forward in 2016, with dozens of new companies, funding rounds and partnerships making headlines. But who is doing what in the Blockchain ecosystem ca... read more

PSD2 and its impact: Changing Europe’s banks for the better

29 Mar 17 @ 10:17

Banking has always been a very conservative industry. If liquidity drops too low, entire markets can grind to a halt. Open yourself up too much and you become susceptible to... read more

US Supreme Court rejects $7.25 billion card interchange fees revival bid

29 Mar 17 @ 10:10

The US Supreme Court has declined a bid by retailers to revive a $7.25 billion antitrust settlement they reached with Visa and Mastercard over claims the card networks improperly fixed payment... read more

Mobile device malware report reveals all-time high in mobile device infections

28 Mar 17 @ 12:16

The latest Threat Intelligence Report reveals a new all-time high in mobile device malware infections, a sharp increase in compromised smartphones and major IoT device security vulnerabilities. Issued twice per year, the... read more

UK e-commerce sales up 15%, but growth through mobile payments slowing

28 Mar 17 @ 10:58

UK e-commerce sales were up +15% year-on-year (YoY) in February, according to the latest figures from the IMRG Capgemini e-Retail Sales Index, building on solid growth in February 2016 (+16%). For... read more

Changes in European payment card products: Not always as expected

28 Mar 17 @ 10:37

First Annapolis has been closely monitoring European payment card products since October 2015 to identify issuers’ reactions to interchange regulation implemented in December 2015, and to track the evolution of... read more

New highs of Bitcoin price inspiring a new wave of scams

27 Mar 17 @ 12:42

The surge in Bitcoin price has led to an uptick in related crimes during the first three weeks of March, just as the cryptocurrency was moving to integrate into conventional... read more

Trending

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

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

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