magazine

Latest Issue

Digital Currency Convergence

Subscribe now

Daily Insights

Global payments news direct to your inbox

Sign up free

DAILY NEWS

ALL NEWS

ATM Market was $12.7 billion for 2015 projected to grow to $26.1 billion by end 2023

15 Feb 17 @ 16:55

As per latest research published by Global Market Insights, the ATM Market size was $12.7 billion for 2015 and is projected to generate revenue of more than $26.1 billion by... read more

Shell and Jaguar launch world’s first in-car payment system

15 Feb 17 @ 16:42

Jaguar drivers can now use their car’s in-car payment system and touchscreen to pay for fuel with a new cashless payment app at Shell service stations in the UK. Rather... read more

Polish bank malware attacks targeted more than 100 organizations in 30 countries

14 Feb 17 @ 15:16

The recent Polish bank malware attack that recently put the bank sector on high alert were part of a larger campaign that targeted financial organizations from more than 30 countries.... read more

Omni-Channel payments becoming a reality in Europe

14 Feb 17 @ 15:05

First Annapolis recently completed a survey of 18 leading European PSPs and acquirers on the topic of omni-channel capabilities and proposition development. The research confirmed that omni-channel capabilities continue to... read more

Report reveals rapid growth in Nordic FinTech industry over past year

14 Feb 17 @ 14:49

A new report reveals that 74% of Nordic banks intend to collaborate with FinTech firms in 2017. This finding is in sharp contrast to 2016’s study, which found that less... read more

Autralian banks respond to Apple Pay NFC payment submission

13 Feb 17 @ 17:20

Three of Australia’s major banks (National Australia Bank, Commonwealth Bank and Westpac), along with Bendigo bank have released a joint statement in response to the Apple Pay submission to the... read more

Norwegian banks defend Vipps P2P mobile payment against Nordic rivals

13 Feb 17 @ 17:07

In an ambitious move, 100 Norwegian banks have taken a stake in the Vipps P2P mobile payment app developed by DNB in a bid to block competition from rival Nordic platforms and... read more

The payments industry authentication debate – A balance, not a trade-off

13 Feb 17 @ 16:51

People get themselves into a terrible tangle about trade-offs in payments. They think that if convenience is prioritised, it must be traded off against security. Likewise acceptance trades off against... read more

European regulator continues planned authentication shake-up

10 Feb 17 @ 11:24

Following the European Banking Authority’s consultation paper on strong customer authentication, the future for operators in Europe looks uncertain. Since the introduction of 3-D Secure for card-based e-commerce payments in... read more

US mobile payments projected to grow (from small base) 80% by 2020

10 Feb 17 @ 11:18

Although the mobile wallet ecosystem is maturing, in-store mobile payments haven’t yet taken off. Consumer disinterest, coupled with delays in fully implementing the necessary infrastructure, are preventing mobile wallets from... read more

Is managed security right for your business?

10 Feb 17 @ 11:04

Choosing whether to delegate all or some of your security needs to an outside partner can be difficult. But considering that threats have advanced, the attack surface has grown, and... read more

The war on cash

09 Feb 17 @ 09:53

Despite all the marketing money spent on promoting electronic payments over many decades, cash still accounts for around 80 percent of consumer payments worldwide. So, is a cashless society a... read more

Digital banking users to reach 3 billion by 2021

09 Feb 17 @ 09:35

New research forecasts that, by 2021, nearly 3 billion users will access retail banking via digital banking services like smartphones, tablets, PCs and smartwatches, up 53% from this year. The research... read more

Tesco Bank hack is the wakeup call needed to make mobile security a priority

08 Feb 17 @ 10:41

The recent Tesco Bank hack has left the retail banking world reeling, searching for answers and more effective ways to secure networks against future attacks. It has been revealed weaknesses... read more

Kenyan banks get backing to launch M-Pesa competitor network

08 Feb 17 @ 09:41

The Central Bank of Kenya (CBK) has given six banks the go ahead to launch a mobile money transfer platform to compete directly with M-Pesa, starting new competition in the lucrative financial... read more

The growing cyber insurance market and how to mitigate cyber risk

07 Feb 17 @ 13:47

Cyber attacks are increasing in number and sophistication. ‘Transfer’ is one of the four ‘Ts’ of risk management, alongside terminate, tolerate and treat. We examine the growing market for cyber... read more

Why debit cards will drive Latin American e-commerce

07 Feb 17 @ 13:33

In Latin America, overall banked levels as reported by governments are reaching surprising levels. Colombia, considered one of the most cash-dependent economies in the region, claims that 75% of its... read more

Polish banks hit by Hackers through government regulator KNF

07 Feb 17 @ 13:10

Polish banks have been hit by hackers who planted a malware infection which appears to have come through compromised servers at the Polish financial regulator KNF – responsible for enforcing security standards in... 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