30 Aug 16 @ 12:36

Just weeks after the $1.8bn takeover by Diebold of Germany’s Wincor Nixdorf was approved by shareholders and has already been cleared by competition authorities in a number of other countries, the UK’s Competition... read more

16 Aug 16 @ 17:25

16 Aug 16 @ 17:13

Sometime it is difficult enough for the industry to keep up with new technology threats and opportunities domestically, let alone regionally or internationally. Given the frenetic pace with which new technology... read more

16 Aug 16 @ 17:07

The use of zero-day exploits and advanced persistent threats to hack into organisations make for great news headlines. However the reality is much more mundane and low-tech. Cybercriminals are continuing to... read more

15 Aug 16 @ 13:13

The PCI Security standards council (PCI SSC) has published an update to its global data security standard. Version 3.2 replaces version 3.1 to address growing threats to customer payment information. “We’ve... read more

15 Aug 16 @ 13:07

Investment in the financial technology (FinTech) sector worldwide grew by 75%, or $9.6 billion, in 2015 according to a recent report by Accenture. The growth was driven primarily by a 445%... read more

15 Aug 16 @ 11:53

Even though studies are showing that an increasing number of users are giving the mobile wallet technology a try, only a few are reported to be using it on a continuous... read more

12 Aug 16 @ 11:14

In an Opinion issued yesterday, the EBA welcomed the Commission’s proposal to bring virtual currency exchange platforms and custodian wallet providers within the scope of the 4th Anti-Money Laundering Directive.... read more

12 Aug 16 @ 10:58

CVS, which has yet to adopt Apple Pay and other NFC-based payment services, has launched a mobile payment solution of its own. It’s aptly called CVS Pay, and it shows... read more

12 Aug 16 @ 10:30

Although mobile wallets are a relatively new form of payment, nearly 3 in 10 consumers (29%) expressed a willingness to adopt this emerging payments alternative in the next six months,... read more

11 Aug 16 @ 17:00

Ant Financial Services has struck a deal with Ingenico to push its mobile payments system into Europe. Ingenico will allow users of Ant’s Alipay, China’s biggest online-payments platform by transaction... read more

11 Aug 16 @ 16:50

Eight of the largest US banks are forming a group to tackle the growing cyber crime threat. The group includes J.P. Morgan Chase, Bank of America and Goldman Sachs, among others.... read more

10 Aug 16 @ 11:01

The 2016 Debit Issuer Study, commissioned by PULSE, takes stock of the debit industry’s shift to chip (EMV) cards and mobile payments. As a result of the October 2015 liability... read more

09 Aug 16 @ 10:16

Alibaba claims it is developing VR mobile payment technology－as the e-commerce giant bets on VR-driven shopping for future growth and is wrestling with arch rival Tencent for supremacy in the booming digital... read more

08 Aug 16 @ 10:06

Researchers speaking at the Black Hat conference in Las Vegas demonstrated how the Chip and PIN system has been exploited to make a cash machine give out money. Small modifications to equipment... read more

05 Aug 16 @ 11:24

FICO reveals the UK saw Europe’s largest annual jump in card fraud losses for 2015. Most of the 18% rise in losses came from online transactions, reflecting the growth in... read more

05 Aug 16 @ 10:05

Following several reports in the media regarding the suspension of international money transfers, the Central bank of Nigeria has advised Nigerians at home and in the Diaspora to beware of... read more

05 Aug 16 @ 09:00

Wirecard is working with O2 Czech Republic to offer eKasa which is a fully online, mPOS system together with credit card payment transaction services to all retailers in the Czech Republic.... read more