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Monitise losses widen – CEO steps down

09 Sep 15 @ 12:14

Monitise has announced that Elizabeth Buse, chief executive, is leaving the company after it reported a full year pre-tax losses of £227.4m in 2015, up from £63.4m a year earlier. Ms... read more

Global retail study reveals consumer demand for new ways to pay

09 Sep 15 @ 12:08

Shoppers around the world are demanding their retail experience be transformed, a study by MasterCard has revealed at this year’s World Retail Congress. Retailers are under increasing pressure to adopt new payment... read more

Cyber crime a major risk to business

09 Sep 15 @ 11:23

According to a new report, businesses must prepare for a new generation of cyber crime, moving beyond the established threats of data breaches, privacy issues and reputational damage to operational... read more

Using honey traps to attract an attacker

08 Sep 15 @ 17:11

Attackers are entering networks in a bid to find the organization’s sweet spot. What can organizations do to turn the tables? While preventive techniques are necessary, they are not always... read more

Online shopping goes cross border

08 Sep 15 @ 17:00

According to new research Europe`s share of global cross-border online retail sales is predicted to amount to 25% by 2025. The share of online shoppers making purchases directly from foreign online retailers... read more

High value mobile contactless payments accepted across Europe by 2017

08 Sep 15 @ 11:14

MasterCard says that everyone will be able to pay with their contactless-enabled device for high value payments (above £30 in the UK) at all contactless terminals in Europe by 2017, the... read more

UK ATM numbers continue to rise passing 70,000 for the first time

07 Sep 15 @ 16:59

Despite the UK’s love affair with contactless payments, new figures released by LINK, the UK’s cash machine network, reveal that the number of ATMs in the UK reached 70,180 in July, surpassing... read more

Millennials protest against ineffective security practices

07 Sep 15 @ 16:17

Intercede, the digital identity company, released the findings of a new consumer survey that suggests Millennials in the US and UK are losing trust in today’s Digital Economy. Fewer than 5%... read more

Contactless mobile wallets to surge

07 Sep 15 @ 15:57

The number of mobile wallets using contactless technology is expected to reach 200 million by the end of 2016, according to new statistics from Juniper Research. This would represent growth... read more

Equity continues fight with M-Pesa

07 Sep 15 @ 15:48

As the gloves come off in the battle between Equity and Safaricom, Equity Bank has written to the financial sector regulator protesting Safaricom’s increase of M-Pesa tariffs on transfers made... read more

Cardless cash money transfer at ATM now available

07 Sep 15 @ 15:37

Moldindconbank, one of Moldova’s largest and most innovative banks, has launched a cardless, cash money transfer service. The service, developed by OpenWay, makes it possible to receive a cash money... read more

Banks launch SEPA-based mobile P2P payments service

04 Sep 15 @ 12:50

The four leading Luxembourg retail banks and Digicash Payments have launched a P2P payments feature called Digicash TRANSFER. Users can send up to €10,000 to a recipient’s mobile phone number, using... read more

Australia court fines Visa $12.6m for anti-competitive conduct

04 Sep 15 @ 12:13

Visa has been penalised $18 million for attempting to block the expansion of its rivals in Australia. Justice Michael Wigney of the Federal Court handed down the penalty plus $2 million... read more

Thales issues Visa Ready security certification for mobile payments

04 Sep 15 @ 12:03

Thales has announces that its Information Technology Security Evaluation Facility (ITSEF), a long standing partner of Visa, is the first facility to have carried out the certification of the Antelop Payments... read more

2 in 5 Americans use mobile banking monthly

04 Sep 15 @ 11:30

Two in five Americans (39%) use a mobile banking to manage their bank account at least once per month and nearly half of mobile device owners (45%) do so, according to... read more

First Internet Bank uses Eyeprint ID biometrics for app

03 Sep 15 @ 16:43

Users of the First Internet Bank (FIB) mobile banking app can now login using Eyeprint ID verification technology, allowing customers to access their bank account with a smartphone camera and an... read more

Dwolla starts white-label service

03 Sep 15 @ 16:33

Dwolla has launched a “white-label” payments processing service, meaning other businesses and banks can sign on to use Dwolla’s money-transfer system, but won’t have to put Dwolla’s label on it. Dwolla CEO Ben... read more

Real-time cross-border payments – ISO 20022

03 Sep 15 @ 12:12

Real-time cross-border payments might soon be a reality, thanks to the efforts of a new payments industry group. But is there a business case for adopting the ISO 20022 standard?... 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