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World of Warcraft or World of Cyber Crime-Craft?

22 Sep 16 @ 11:48

In the coming months, there are stong warnings that cybercrime and money laundering in online games – such as World of Warcraft – will be a growing concern. As regulators... read more

Cash no longer king in UK – contactless the king slayer

21 Sep 16 @ 14:33

Cash was used for less than half of all retail transactions across the UK in 2015 according to the BRC’s annual Payments Survey. The report looks at the methods of... read more

Post Brexit EU Financial Institute passport confusion as both sides flex muscles

21 Sep 16 @ 13:46

There are growing fears in the industry that post Brexit, the UK will lose the passporting rights that allow financial services companies licensed in one EU state to provide services... read more

The Clearing House signs IBM to transform the US real-time payments

21 Sep 16 @ 09:33

IBM says The Clearing House, a national payments system operator for the US banking industry, has selected it to help deliver a new real-time payments system due to roll out... read more

Financial fraud incidents up 53% – one committed every 15 seconds

20 Sep 16 @ 16:03

More than 1 million incidents of financial fraud occurred in the first six months of 2016, according to official figures released by Financial Fraud Action UK (FFA UK). Representing a... read more

Accenture stirs up trouble with blockchain editing technique

20 Sep 16 @ 15:07

Accenture is stirring up a blockchain storm within the community by patenting a technique for editing information stored using the nascent technology in a move designed to make it more... read more

Banks trusted most to deliver biometric authentication of the future

19 Sep 16 @ 09:49

The UK is placing its trust in banks over government agencies to protect their biometric data such as fingerprints and iris scans, according to new research from Visa. Consumers are... read more

Apple loses further ground in battle to open NFC app to 3rd parties

16 Sep 16 @ 15:35

Moving beyond the now well document spat in Australia, a group of South Korean companies have taken take action against Apple to push the technology provider into opening up the... read more

SA telco MTN scraps mobile money business

16 Sep 16 @ 14:42

Proving the difficulties that many MNO’s are having in providing financial services, MTN has pulled the plug on its South African mobile money business, saying it was not viable in... read more

Apple Pay Vs Android Pay Vs Samsung Pay: How mobile wallets compare

16 Sep 16 @ 13:41

Monthly consumer adoption of mobile wallets (including those offered by merchants, card issuers, and the “Pays”) has nearly doubled in three years from 11% to 21%. However, monthly frequency of... read more

Messaging meets open global social payments on iOS 10

14 Sep 16 @ 14:38

Circle for iMessage, which enables anyone using iOS 10 to send and receive social payments without fees to anyone in the world directly within Apple’s iMessage launched today. Customers can... read more

Visa mobile money service to compete with M-Pesa

14 Sep 16 @ 13:49

Visa will introduced a mobile money service to enable cashless transactions in Kenya, where the majority of wireless payments are transacted through Safaricoms M-Pesa. The mVisa app will initially facilitate... read more

Overturned interchange settlement will increases uncertainty

13 Sep 16 @ 13:49

The US Court of Appeals overturned the landmark antitrust interchange settlement between retailers and Visa and Mastercard on June 30, 2016, reigniting more than 10 years of legal battles over... read more

Four new UK banks added to Android Pay

13 Sep 16 @ 12:35

Following the launch of Android Pay, four new banks join the Android Pay family. From today, customers of Royal Bank of Scotland, NatWest, Ulster Bank and Santander are able to... read more

US EMV migration: Chip impact on merchants

13 Sep 16 @ 09:11

As the one year anniversary of the US EMV migration shift to chip approaches new data has been released confirming the positive impact the technology is having on issuing banks... read more

FIS achieves new accreditation with Payment Brands for EMV migration services

13 Sep 16 @ 09:00

FIS announced that it has recieved accreditation by Discover, MasterCard and Visa and is working with other international and national payment brands to simplify the certification process for EMV payment... read more

Death of the password?

12 Sep 16 @ 15:51

Industry experts have been sounding the death knell for passwords for some time. Speaking in 2004, Bill Gates claimed the password could not meet the challenge of keeping information secure,... read more

Six months after interchange regulation: have card products changed?

12 Sep 16 @ 13:15

First Annapolis has been closely monitoring the product offerings of the top issuers in several European markets in order to gauge issuers’ reactions to the interchange decreases that went into... 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