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Number of EMV card-present transactions exceeds 42% globally

14 Dec 16 @ 15:29

EMVCo has published transaction data that reflects year-on-year growth in the number of contact and contactless card-present payments using EMV chip technology. The data reveals that during the period July 2015... read more

ACI official provider for SEPA Instant Credit Transfer scheme

14 Dec 16 @ 15:12

ACI Worldwide has been named by EBA Clearing as one of the ‘frontrunner service providers’ for the pan-European EBA SEPA Instant Credit Transfer Scheme, due to go live in November 2017.... read more

Data security: Card data security ten years on

13 Dec 16 @ 16:12

Ten years after the founding of the Payment Card Industry Security Standards Council (PCI SSC), we present a mid-term report on the industry’s data security efforts. As both cyber attacks... read more

Security – The Insider Threat

13 Dec 16 @ 14:10

Companies are faced with a two-fold problem: protecting their data from those who have access to it from the inside, and from those who exploit the human factor to access... read more

Get ready for the first SCT Inst transactions in Europe

09 Dec 16 @ 10:27

The EPC published the SEPA Instant Credit Transfer (SCT Inst) scheme rulebook at the end of November 2016, after a public consultation organised earlier this year. This article discusses what’s... read more

Online and credit cards grow share of spending with UK SME merchants

09 Dec 16 @ 10:00

According to retailers, consumers across the UK spent in record numbers on November’s “Black Friday”. It is estimated that online spend for the day was around £1.23 billion, a 12%... read more

Explosive growth in LatAm e-commerce – merchants struggling with processing complexities

08 Dec 16 @ 15:02

That the big markets in Latin America, despite the issues surrounding general growth in those markets, are experiencing an explosion of growth in LatAm e-commerce is not big news. However,... read more

Cross border B2B payments landscape – Infograph

08 Dec 16 @ 14:28

The cross border B2B payments landscape is ever-changing, there are as many challenges as there are opportunities. High transaction costs, FX fees, and slow payment processing create issues for businesses on... read more

Predictive Analytics: Predicting the future of financial services?

06 Dec 16 @ 12:30

The window of opportunity is closing for banks to leverage their data to get ahead in digital services, says a new report from the Mobey Forum. Predictive Analytics in the... read more

Alipay partners leading EU banks and payment providers to drive European expansion

06 Dec 16 @ 11:41

Alipay, now the world’s largest online and mobile payment platform, operated by Ant Financial Services Group, has announced a series of partnerships with some of Europe’s largest financial institutions and... read more

AmEx enhances fraud prevention capabilities with InAuth acquisition

06 Dec 16 @ 11:06

American Express has acquired InAuth, a mobile device authentication and intelligence solutions provider of fraud prevention. InAuth’s technology is used by some of the largest financial institutions, banks, payment networks... read more

What does the Mastercard acquisition of Vocalink mean for the UK payments industry

05 Dec 16 @ 12:01

The largest UK banks are set for another windfall with the sale of the bank-owned payments company VocaLink to Mastercard for £700 million ($920 million) – but what are the... read more

Cash replacement: The $19 trillion opportunity

05 Dec 16 @ 10:59

A NEW STUDY from the World Bank Group and the World Economic Forum estimates the global value of micro, small and medium retailers’ transactions at $34 trillion per annum. An... read more

Lloyds front-runner for BofA’s UK credit card business

05 Dec 16 @ 10:52

Lloyds Banking Group has emerged as the leading bidder for Bank of America’s (BofA) £7 billion (A$12 billion) credit card business in Britain, taking the UK lender closer to its... read more

Avalanche online crime network taken down in Europol operation

02 Dec 16 @ 15:47

The Avalanche online crime network, used to target online bank customers with phishing and spam emails, has been dismantled after a four-year investigation by EU law enforcement agency Europol. Avalanche... read more

Fake credit card factory shut down by Police in London

02 Dec 16 @ 15:31

Police have shut down a fake credit card factory used to supply bank cards to criminals across Europe. Gabriel Yew, 45, was one of three men to be sent down... read more

Visa to acquire CardinalCommerce – accelerating digital commerce

02 Dec 16 @ 09:05

Visa announced an agreement to acquire CardinalCommerce, a leader in e-commerce payment authentication. The acquisition will enable more secure, seamless payments, whether made through a browser, mobile app, or connected... read more

B2C E-commerce sales growth rates across the top 5 markets to decline

01 Dec 16 @ 13:17

B2C e-commerce product sales worldwide are predicted to reach over €1.5 trillion in 2020. The top five markets making the largest contribution to this number are China, the USA, the... 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