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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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The changing landscape of real-time retail payments systems

23 Apr 15 @ 13:11

A new research paper by SWIFT assesses the global real-time retail payments systems (RT-RPS) landscape, provides analysis on the key drivers and trends, and identifies the different approaches, barriers to... read more

US readiness for EMV at a low point

23 Apr 15 @ 12:05

With a crucial deadline looming in 2015, the US payments industry will have only partially converted to the Europay-MasterCard-Visa (EMV) chip card standard by the end of that year. Indeed,... read more

World Retail Banking Report 2015

22 Apr 15 @ 12:02

For the second year in a row, improvement in global retail bank customer experience levels has stalled with a decline of less than 1% leaving banks challenged to drive top-line growth,... read more

New POS malware family named Punkey

22 Apr 15 @ 10:37

In conjunction with a US Secret Service investigation, Trustwave SpiderLabs researchers have unearthed a new family of POS malware. POS malware is a sinister and often difficult-to-detect threat that preys on retailers... read more

Can you turn regulatory and payment scheme compliance into a competitive advantage?

21 Apr 15 @ 18:28

Regulatory compliance has long been viewed as a mandatory component and a ‘cost’ of doing business as a financial services provider, whether you are an issuer, programme manager or payment... read more

Apple Pay outperforming PayPal in mobile payments

21 Apr 15 @ 18:09

A new survey from 451 Research finds Apple Pay gaining momentum in the mobile payments space, primarily at the expense of PayPal. “Our latest survey shows planned use of Apple... read more

Verifone selects Thales to protect card holder data

21 Apr 15 @ 14:46

Thales says that Verifone now uses Thales nShield hardware security modules (HSMs) for its end-to-end payment encryption solution – VeriShield Total Protect – to provide robust, high speed, scalable crypto to... read more

£12.8 billion a week set to be sent through digital banking by 2020

20 Apr 15 @ 12:19

The number of mobile banking users is set to almost double from 17.8 million to 32.6 million by 2020, whilst the number of UK adults using online banking will increase... read more

Consumers want part in protecting their payment cards from fraud

20 Apr 15 @ 11:59

A survey conducted in the US, Canada and the UK by FICO shows that fraud is top-of-mind for consumers in the wake of high-profile data breaches. Respondents’ primary concern about payment... read more

Apple Pay struggling to gain bank support outside US

20 Apr 15 @ 11:36

According to several reports over the weekend, Apple is struggling to get the same level of support for its payments brand Apple Pay, outside of the US. Apple is alleged... read more

Google Wallet gaining traction with merchants

17 Apr 15 @ 13:49

Google’s efforts to promote broader adoption of its Google Wallet mobile payment system appear to be gathering momentum. The company earlier this week announced that Dunkin’ Donuts and online food... read more

Europeans rapidly adopting mobile payments

17 Apr 15 @ 13:41

The number of Europeans who will use a mobile payment application in 2015 will rise 51% year over year for a total of about 185 million, according to an ING... read more

AmEx Lab testing facial recognition technology

17 Apr 15 @ 13:36

According to a WSJ blog, American Express is experimenting with facial recognition and wearable technology that could turn into new capabilities for some of its mobile apps, including products aimed... read more

Royal Bank of Canada launches Mobile Wallet

17 Apr 15 @ 12:56

Royal Bank of Canada, which over a year ago built its own mobile wallet technology (with partners) that it’s adapted to work with Apple Pay, Android alternatives and the card... read more

86% of fraud in chargebacks

17 Apr 15 @ 12:45

Global Risk Technologies (GRT) recently examined friendly fraud, and found approximately 86% of chargebacks are fraudulent, and many consumers bypass merchants to directly file complaints with card-issuing banks. GRT CIO... read more

ACH volume increases to 23 billion payments in 2014

16 Apr 15 @ 16:08

ACH volume grew to almost 23 billion electronic payments, an increase of almost 5%, or 1 billion transactions, over 2013 volume, according to new statistics released by NACHA — The... read more

Massive drop in number of unbanked says World Bank

16 Apr 15 @ 15:23

From 2011 and 2014, 700 million people became account holders at banks, other financial institutions, or mobile money service providers, and the number of “unbanked” individuals dropped 20% to 2... read more

NCR launch cloud-based ATM software platform

16 Apr 15 @ 14:05

NCR says it has introduced the biggest change to the way an ATM operates since the self-service banking channel was invented nearly 50 years ago, launching Kalpana software, an enterprise software platform... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more