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UK card expenditure statistics – contactless continues rise

07 Nov 16 @ 11:53

One in five card payments are now made via contactless, new figures show from the UK Card Expenditure Statistics. Contactless cards were used for 21% of card payments in August... read more

US fraud losses rising on debit cards – falling on credit cards

07 Nov 16 @ 11:33

US fraud levels are rising across all payment card products, according to First Annapolis’ semi-annual survey of major card issuers, but changes in fraud write-offs vary by product. Survey results1... read more

Android malware Trojan targeting mobile banking apps and social media

04 Nov 16 @ 13:35

A new Android malware Trojan has surfaced and is ripping through the entire banking sector in the US and Europe by appearing as a Flash Player App. The Android malware... read more

Millennials waiting for digital payments ‘uber moment’

04 Nov 16 @ 12:30

It is no secret that millennials have been heralded as the generation which holds the key to the success or failure of digital payments innovation, often embracing new solutions en... read more

Biometric authentication – are you and your money safe?

04 Nov 16 @ 11:46

Most big high street banks are beginning to use biometric authentication to give customers a more convenient way to check their account balance or make payments. However, one big question... read more

Understanding the PSD2 regulation – everything you wanted to know

03 Nov 16 @ 14:22

The revised Payment Services Directive (PSD2 regulation) is set to bring payments in Europe to the next stage of development; it is a data and technology-driven Directive that aims to... read more

Consumer demand for banks to adopt biometric authentication doubles

03 Nov 16 @ 14:00

Demand for different types of biometric authentication has risen significantly since 2014, with iris scanning moving ahead of fingerprint technology to the top of the 2016 Future Password Index (FPI).... read more

Half of global banking customers now using FinTech – World FinTech Report

02 Nov 16 @ 11:41

Half of banking customers across the globe are using the products or services of at least one FinTech firm[1], according to the first World FinTech Report (WFTR) from Capgemini and... read more

Instagram expands ecommerce capabilities for US retailers

02 Nov 16 @ 11:17

Instagram has announced that it will enhance its ecommerce offering by allowing retailers to show prices and product descriptions in their posts, reflecting efforts by Facebook, which owns Instagram, to... read more

42 banks join Japanese Blockchain for payments consortium

01 Nov 16 @ 15:29

SBI Ripple Asia, a joint venture between distributed ledger tech provider Ripple and SBI Holdings, announced in August that a Japanese consortium of 15 banks in a new network will... read more

Growth in global payment cards driven by expansion of banked population

01 Nov 16 @ 14:45

Global Payment Cards Data and Forecasts shows that the Middle East and Africa (MEA) and Asia-Pacific were the fastest growing regions for payment cards in 2015, with card numbers up... read more

Mobiles and money: reinventing financial services for Millennials

01 Nov 16 @ 14:32

There is a very good new report on financial services for millenials from Telstra Global Enterprise Services titled Millennials, Mobiles and Money – The Forces Reinventing Financial Services which makes... read more

Real-time payments: the race against time

31 Oct 16 @ 10:37

The world seems to have got itself into a great big, tearing hurry. Consumers can send and receive e-mail across the globe in near-real-time. They can download a movie to... read more

Regulators increase cybersecurity standards at biggest banks

31 Oct 16 @ 09:00

North American regulators have unveiled a new cybersecurity standard to bolster the ability of the country’s largest banks to withstand a major cyberattack, a move aimed at protecting the US... read more

Should Japan regulate the virtual currency PokeCoins from Pokémon Go?

28 Oct 16 @ 17:42

The Financial Services Agency of Japan is set to decide on what will be a landmark decision on the status and securitisation of PokeCoins, the virtual currency used to breed... read more

US banks roll out Zelle P2P money transfer app to take on Venmo

28 Oct 16 @ 16:30

A consortium of US banks, including Wells Fargo, JPMorgan Chase and Bank of America, are rolling out a new P2P money transfer app to take on Venmo and other mobile payment... read more

India to overtake US as the next eCommerce superpower

27 Oct 16 @ 10:06

India is en-route to overtake the US to become the world’s second largest eCommerce market, according to new research by Worldpay. In its latest global overview of online consumer spending... read more

90% of major banks in US and Europe exploring Blockchain technology for payments

27 Oct 16 @ 09:49

Nine out of 10 banking professionals surveyed at large US, European and Canadian commercial banks said their company is currently exploring the use of blockchain technology for payments, according to... 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

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

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