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EMV payment card market struggles for growth as saturation levels hit

28 Feb 17 @ 11:25

Global EMV payment card shipments reached just under 3 billion in 2016, marking a year-on-year (YoY) increase of less than 1%. Between 2012 and 2015. The market became accustomed to annual... read more

Virtual Account Management: the minimum viable proposition

27 Feb 17 @ 14:15

When it comes to corporate liquidity and treasury management, the banks I’m talking to all seem to have one thing in common. The need for speed. Whether they are offering in-house... read more

Regulators enforce new rules – bank executives to vouch for cyber attack defences

27 Feb 17 @ 13:53

Tough rules laid down by New York’s state regulator will see senior executives at some of the world’s biggest banks and insurers vouch for their companies’ resilience to cyber attacks.... read more

Payments processing technology: Have Payment Gateways achieved parity with Processors?

27 Feb 17 @ 12:43

It has been almost 20 years since the internet made a paradigm leap in transaction transport, and made simple payment gateways integration available to an exploding community of web developers.... read more

Why IoT is the fastest growing retail trend of 2017

24 Feb 17 @ 10:45

A recent Gartner survey estimated that by 2020, the number of connected objects will increase by 30 times current levels, making IoT (Internet of Things) a huge untapped opportunity for retailers... read more

İşbank becomes first Turkish bank to offer local alternative payment methods

24 Feb 17 @ 10:35

İşbank, the biggest private bank in Turkey and provider of PSP services, is partnering with PPRO Group to enable İşbank to offer e-commerce merchants 13 local alternative payment methods worldwide. İşbank... read more

The EBA relents on PSD2 authentication, but is it enough?

23 Feb 17 @ 10:13

The European Banking Authority says it will relax its proposed (preposterous) PSD2 rules on a requirement for strong customer authentication for all payments under €10, after receiving a huge number of complaints... read more

SEPA: Is the ECB stifling competition with its latest move?

23 Feb 17 @ 10:01

Ten years ago the European Commission (EC) and the European Central Bank (ECB) announced a common vision for the Single Euro Payments Area (SEPA), which they described as an “integrated... read more

Visa Token Service extends mobile payments into 12 European countries

21 Feb 17 @ 10:46

Visa says that, by the end of this year, more than 12 European countries are adopting the Visa Token Service, a new technology that makes mobile and online payments more... read more

UK consumers do not trust businesses to protect financial and payments data

21 Feb 17 @ 10:22

More than half of UK consumers are concerned about the ability of businesses and financial institutions to protect financial and payments data, with 19% of respondents saying they do not... read more

Top 10 e-commerce markets in the world – infograph

20 Feb 17 @ 16:54

This infographic shows the top 10 e-commerce markets in the world , ranked by value. The top ten e-commerce markets are as below, starting with China, the e-commerce giant: 1. China –... read more

Mastercard, Visa and Rupay launch BharatQR and agree new debit fees

20 Feb 17 @ 16:45

National Payments Corporation of India which owns Rupay and Visa and Mastercard have launched the BharatQR – an app-based ‘scan and pay’ solution for small shops. This is the first time in the... read more

Addressing the unbanked and underbanked in developing countries

20 Feb 17 @ 13:15

Around 2 billion people worldwide do not use formal financial services and around half the adults in the poorest households are unbanked, according to the World Bank. When financial inclusion is... read more

IBM Watson IoT to provide access to 20 billion POS devices for Visa

20 Feb 17 @ 12:03

IBM Watson IoT and Visa announced the industry’s first collaboration that brings the POS to everywhere Visa is accepted, by allowing businesses to quickly introduce secure payment experiences for any device... read more

Virtual Account Management: Fast, effective relief from the pain of reconciliation

17 Feb 17 @ 12:01

Let’s be honest, reconciliation is a pain. It’s a battle, a struggle and an all-around nuisance for corporates, albeit a necessary one. Getting paid is crucial, irrespective of business size.... read more

Certifying (m)POS terminals for EMV Level 3: as easy as it looks?

17 Feb 17 @ 11:09

Before any payment terminal gets out there, it needs to adhere to the rules set by the payment systems (or payment brands), like the latest EMV Level 3. That means... read more

Top 10 trends for biometrics and digital identity for 2017

17 Feb 17 @ 10:56

Acuity Market Intelligence has released the 2017 “Ten Top Trends for Biometrics and Digital Identity”.  Acuity characterizes 2017 as a “breakout” year for biometrics and digital identity when increased adoption reflects... read more

Kenya Bankers Association develops banking industry switch with Tieto

16 Feb 17 @ 12:00

Kenya Bankers Association (KBA), the banking industry’s umbrella body, has awarded Tieto the contract to develop Kenya’s first industrywide switching platform in a move that will see banks enhance efficiency... 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