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Was Tesco Bank hacked – or was the money stolen?

28 Nov 16 @ 16:52

In a very good blog, originally posted on Withoutfire.com, John Elliott, a payments / privacy / cyber security / risk specialist has some very interesting views and theories on the Tesco... read more

India’s Paytm collects 8 million new users after cash clamp down

28 Nov 16 @ 16:39

Paytm has reportedly added 8 million new users in the two weeks after the Indian government announced the replacement of the country’s highest-denomination bank notes. In a bid to root... read more

Fighting fraud: people’s attitudes towards the use of payments data

25 Nov 16 @ 10:58

We live in a world with a transactional data landscape. Every minute of every day, simply by going about our normal day-to-day activities, we are generating information through the payments... read more

UK Black Friday growth predicted to surpass United States

25 Nov 16 @ 10:25

The UK is set for higher online Black Friday retail spending growth than the US, according to new data from Ingenico ePayments. The global analysis of online retail growth from... read more

How the world pays

24 Nov 16 @ 16:21

Payment habits are strongly national. They have developed over time and have been shaped by various cultural, political, economic and technological factors. In its most recent white paper RS2 examines... read more

Visa and MasterCard set to gain from Indian currency ban

24 Nov 16 @ 15:23

Visa and Mastercard, are are sensing an opportunity and hoping to see a seismic switch to digital transactions after years of waiting post India’s sudden withdrawal of its most widely... read more

New EMV chip cards will lead to significant increase in CNP fraud

24 Nov 16 @ 09:45

As the dreaded Black Friday draws nearer, iovation is predicting a significant increase in CNP fraud – fraudulent transactions where a credit card is not physically presented to a merchant... read more

First FI to implement mobile behavioral biometrics for User Authentication

23 Nov 16 @ 09:47

Bank Leumi, one of Israel’s largest banks, says that its credit card subsidiary, Leumi Card, will introduce the first-of-its-kind integration of a mobile security product based on behavioral biometrics. Based... read more

Visa hits out at EBA plans for strong customer authentication set to ruin UK e-commerce market

23 Nov 16 @ 09:23

The European Banking Authority (EBA) has brought forward proposals for how it will implement what is called strong customer authentication (SCA). Visa has warned that new European rules on e-commerce... read more

Lower cost of Instant Payments opening market for small and mid-sized banks

22 Nov 16 @ 12:51

A new study by Lipis Advisors, experts in real-time payments, has found that the cost of migrating to Instant Payments infrastructure for small and medium sized banks is far lower... read more

FinTech Disruptors Report 2017: Banks say partnering with Fintechs is essential

22 Nov 16 @ 12:23

A survey of financial institutions, FinTech start-ups and ecosystem participants across Europe, Africa and the Middle East has revealed that the convergence between the strategies of FinTechs and traditional financial... read more

App commerce set to explode in 2017 to $40 billion

22 Nov 16 @ 09:49

Global mobile commerce is now a huge 34% of all e-commerce transactions worldwide and is predicted to grow 31% in 2017. That’s over 200% faster than the growth of the... read more

Chase launches new mobile payment app Chase Pay

21 Nov 16 @ 13:39

Chase customers can download and pay with Chase Pay, its new mobile payment app that works in stores, in app and online. The Chase Pay app works at the more... read more

Barclays installs contactless ATMs to access cash

21 Nov 16 @ 13:29

Barclays says it is installing contactless ATM’s in branches across the country, enabling customers to withdraw up to £100 by tapping their mobile phone or debit cards at the terminal.... read more

Making PSD2 access to bank accounts work in practice

17 Nov 16 @ 12:19

There is a massive trend in many industries for co-development of solutions. Apple does not develop all apps themselves but provide a platform for others. Amazon does not produce own... read more

2016 FinTech investment landscape – post Brexit shakedown in UK

17 Nov 16 @ 09:54

New figures prepared for Innovate Finance on UK FinTech investment show a 26% drop in funding for British startups, illustrating the Brexit effect. Overall global investment for financial technology increased... read more

Spire Payments launches Android-based SmartPOS

17 Nov 16 @ 09:19

Spire Payments is set to launch its SPx1, a next generation SmartPOS device, and its ‘Converge’ payment software framework. The SPx1 SmartPOS is a milestone in the evolution of payment... read more

4 million ($5bn) same day ACH Payments transacted in October 2016

16 Nov 16 @ 12:11

NACHA released Same Day ACH transaction volume data for October, the first calendar month following Phase 1 implementation on Sept. 23, 2016. Same Day ACH, an industry initiative to move... 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

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more