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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

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

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

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more