23 Jan 17 @ 10:55

A cyber attack by an international criminal gang is though to be responsible for digital services at Lloyds Banking Group being intermittently down for more than two days. The denial of service... read more

23 Jan 17 @ 10:43

The mobile channel can facilitate nearly any type of consumer payment, often with greater convenience than before. This has attracted a growing legion of dedicated users, yet wherever legitimate payments... read more

20 Jan 17 @ 12:18

The number of US data breaches tracked in 2016 hit an all-time record high of 1,093, according to a new report released today by the Identity Theft Resource Center (ITRC)... read more

20 Jan 17 @ 10:39

According to the latest figures revealed by ONS, retailers saw continued growth in online spending throughout December which continued into the New Year. Figures show retail sales increased by 4.3% compared... read more

20 Jan 17 @ 10:27

Western Union has agreed to settle $586m after admitting that it violated US anti-money laundering laws by ignoring evidence that thousands of its agents were involved in sending illicit cash... read more

20 Jan 17 @ 10:13

Daimler AG, the parent company of Mercedes-Benz, has taken over PayCash Europe with the intent to launch Mercedes Pay. With increasing interest in FinTech and systems, companies are trying to... read more

19 Jan 17 @ 10:53

PCM would like to announce the publication of the updated Payment Card Statistical Yearbooks 2016-17 (Statistics for Europe and Eurasia) – and its corresponding website paymentyearbooks.com. In this business, we know you need to... read more

19 Jan 17 @ 10:37

The global smartphone installed base will grow from 4 billion in 2016 to more than 6 billion smartphones in use by 2020, according to new analysis released by IHS Markit. Messaging and... read more

19 Jan 17 @ 10:13

EBA CLEARING announced the kick-off of the testing phase for its pan-European instant payment infrastructure platform scheduled to go live in November 2017. 28 of the funding institutions from all over... read more

19 Jan 17 @ 09:42

Credit cards continued to gain share against all other forms of payment in the US in 2015 according to the The Nilson Report, after measuring 11 methods of consumer payments in the... read more

19 Jan 17 @ 09:29

The Central Bank of Nigeria (CBN) has barred deposit taking banks and all other financial institutions from the operation of any form of virtual currency. The warning by the Apex bank... read more

18 Jan 17 @ 10:52

With continued improvements in payments security through technologies such as P2PE and EMV, the PCI community has been effective at combating crime in a wide variety of financial institutions, retail... read more

18 Jan 17 @ 09:56

Earlier this month, the Competition and Markets Authority (CMA) announced that Mastercard acquisition of VocaLink would face an in-depth investigation, unless the companies could address the CMA’s competition concerns over the... read more

17 Jan 17 @ 15:14

The amount of money laundered by foreign criminals is estimated to be as high as £100 billion a year and unlawful tax avoidance costs UK taxpayers as much as £2.7... read more

17 Jan 17 @ 09:46

Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Société Générale and UniCredit signed a Memorandum of Understanding to collaborate on the development of a shared cross-border trade finance platform for small and... read more

17 Jan 17 @ 09:34

The FinTech sector is being shaped by shifting market conditions, new regulations, and changes in consumer demands and behaviors. For the past decade, FinTech companies have moved quickly, forcing incumbents to... read more

16 Jan 17 @ 17:14

“Silicon Valley is coming”.  That’s what JP Morgan CEO Jamie Dimon wrote to shareholders in 2015.  Dimon had been to the Valley and seen money pouring in to innovative start-ups,... read more

16 Jan 17 @ 13:24

The ongoing development of the P2P payments market has continued its dramatic growth as the market players continue to evolve. The past year has brought seismic changes, including new value... read more