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Fraud costing the UK economy £193bn a year

27 May 16 @ 12:17

The annual cost of fraud in the UK could be as high as £193bn per year according to a new report. This dwarfs previous estimates produced by the UK Government... read more

Wells Fargo Wallet – NFC mobile payments

26 May 16 @ 15:15

Wells Fargo has announced a relaunch of its Android portal that will add support for contactless, NFC payments, ATM transactions, and more. Wells Fargo Wallet’s headlining feature is NFC. In an upgrade due... read more

MasterCard powers commerce app within SoftBank’ Humanoid Robot

26 May 16 @ 12:23

MasterCard has unveiled the first commerce application for SoftBank Robotics’ humanoid robot Pepper. The application will be powered by MasterPass, that connects consumers with merchants, enabling them to make fast digital... read more

Why did M-Pesa fail in South Africa?

26 May 16 @ 11:51

South Africa’s largest mobile operator Vodacom recently announced it will be scrapping its M-Pesa mobile money transfer system in Africa’s second-biggest economy. For many pundits the move comes as a... read more

O2 Germany launch mobile banking service

26 May 16 @ 11:41

O2 in Germany is launching a mobile banking service in Germany in late summer 2016, as the number of disruptors to the financial services market continues to grow. The service will... read more

Google unveils more details about Android payments API’s

25 May 16 @ 15:50

During the Google I/O keynote, the company introduced a number of new products like the Android payments API’s and talked some more about Android N. The portions about Android N... read more

The future of banking: Digital super stores

25 May 16 @ 15:38

By 2025 leading banks will be operating as digital financial superstores that blur the line between technology companies and banks, according to a new report from Greenwich Associates. The Future... read more

Debit cards to overtake cash payments by 2021

25 May 16 @ 15:30

Industry experts predict that debit cards are on track to become king in 2021 when they will take over from cash to become the UK’s most frequently used payment method,... read more

Nets migrates to WAY4 to advance its banks card business

25 May 16 @ 09:40

Nets, the household name in Scandinavian payment processing, is on-boarding Nordic issuer portfolio’s in credit cards and sales finance onto WAY4, the e-payment processing framework developed by OpenWay. Card portfolios... read more

50% of US population uses mobile banking

23 May 16 @ 13:10

Half of the US adult population now uses mobile banking on smartphones and tablets, which is 29 million more than last year. This dramatic shift in consumers’ channel preferences puts pressure... read more

Why banks must rethink their attitudes to disruption

23 May 16 @ 12:33

The last decade has seen most of us decisively change both our online behaviour and our consumption of digital services. When, for example, did you last open a laptop to... read more

SWIFT outline path to Distributed Ledger Technology adoption

23 May 16 @ 11:32

SWIFT has announced the availability of a new paper investigating how Distributed Ledger Technologies (DLTs) could be used in financial services. Published in collaboration with Accenture, the paper is based on... read more

Worldpay declares war on cash register

20 May 16 @ 13:39

Worldpay is threatening to make the manual cash register obsolete with a new payment device. The payment processor claims that its all-in-one tablet-based till will completely change how small business... read more

Breach trends drive PCI DSS update

20 May 16 @ 13:32

The PCI security standards council (PCI SSC) has published an update to its global data security standard. PCI DSS Version 3.2 replaces version 3.1 to address growing threats to customer... read more

W3C releases first draft of payment API

20 May 16 @ 13:13

The World Wide Web Consortium (W3C) has published draft specifications aimed at streamlining the online checkout process and making internet payments easier and more secure. W3C is an international consortium... read more

Amazon expands Dash Button ordering service

20 May 16 @ 13:09

One year since launch, Amazon has expanded its Dash Button automated IoT ordering service to more than 100 brands. These include various beverage, grocery, baby, pet and household supplies brands,... read more

Real-time payments: The need for speed

19 May 16 @ 11:24

Consumer-facing technology brands have done much to reset customer expectations around speed, but also convenience, value and choice. Consumers can send and receive e-mail across the globe almost instantly. They... read more

The future of digital payments

19 May 16 @ 10:53

Advancements in digital technology continued to shape the payments industry in 2015 as mobile, online and other digital forms of digital payments moved into the mainstream. From mass transit to... read more

Trending

Visa launches Intelligence Commerce Connect tool

14 Apr 26 @ 20:03

Visa is stepping up its push into agentic commerce with the launch of Intelligent Commerce Connect, a new tool intended to help businesses plug into AI-driven s... more

Revolut eyes an IPO, but the valuation story is the real headline

21 Apr 26 @ 14:35

Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more

American Express launches agentic commerce developer kit

16 Apr 26 @ 11:46

American Express is positioning itself early for what could become one of the next major shifts in digital payments: AI agents that do more than recommend produ... more