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Darkode hacking forum smashed – 12 charged

17 Jul 15 @ 13:54

US authorities working with law enforcement officials abroad say they have shut down the Darkode online forum used by cybercriminals around the world and charged 12 people linked to the... read more

Mobile Identity: the fusion of financial services, mobility and identity

17 Jul 15 @ 13:35

A new report looks into generational change – particularly as it affects Gen X and Y, who together make up half of the global population . Their adoption of mobile... read more

The debit card goes mobile in Austria

17 Jul 15 @ 13:02

PSA Payment Services Austria launched a new mobile debit card. The popular and familiar form of payment is now available for NFC-enabled mobile phones to make contactless, mobile and secure payments.... read more

Buy Buttons aim to entice mobile shoppers

16 Jul 15 @ 14:31

Now several companies, including Google, Facebook, Twitter and Pinterest, are trying to bridge the gap between mobile browsing and desktop purchasing with a simple “buy” button. Buy buttons have been... read more

First bank deposit network for receipt of payments across 23 African nations

16 Jul 15 @ 13:11

Transfast, a little known provider of online, cross-border p2p payments solutions, has announced the launch of its proprietary bank deposit network into 23 African nations – the most extensive of... read more

BNP Paribas joins CHAPS Payment System

16 Jul 15 @ 12:08

CHAPS Co. the UK’s same day high-value electronic payment system, has announced the addition of BNP Paribas as a Direct Participant onto its system.   As a Direct Participant, BNP... read more

New data security standards published

16 Jul 15 @ 11:51

Following various high-profile encryption protocol vulnerabilities, the PCI Security Standards Council has published an out-of-schedule update to the PCI Data Security Standards (PCI DSS) and Payment Application Data Security Standard... read more

The millennials have arrived

15 Jul 15 @ 15:47

The digital decade has re-shaped industries as far afield as healthcare and retail. By contrast, the financial services industry has remained relatively unaffected, until now. With a generation of ‘digital... read more

US credit card use growth rate overtaking debit

15 Jul 15 @ 15:33

US credit card use appears to be growing faster than debit card use, according to a new Federal Reserve Bank of Philadelphia report. The report shows between 2007 and 2012,... read more

Dyre malware reboots for holiday phishing attacks

15 Jul 15 @ 10:40

Shortly after online banking customers in the UK were warned of a major phishing campaign using the notorious Dyre malware designed to steal financial data, the malware has resurfaced in a new iteration... read more

Payments in the spotlight at RBTE 2016

15 Jul 15 @ 09:53

RBTE, Europe’s largest retail solutions gathering will be putting an even greater focus on the topic of payments for its 2016 event. Since its launch RBTE has been the leading... read more

Apple Pay launches in UK

14 Jul 15 @ 16:20

Despite the fact that PCM readers have known for weeks that Apple Pay was to launch in the UK on the 14th of July – it did launch. However, depending... read more

Iranian banks rejoin SWIFT

14 Jul 15 @ 15:53

Just hours after the historic settlement and lifting of years old sanctions against Iran regarding their nuclear capabilities, the Iranian banks have rejoined the SWIFT international banks settlement network. Iran’s Day... read more

Western Union’s Omni-Channel strategy is gaining momentum

14 Jul 15 @ 14:29

The Western Union Company and PKO Bank Polski, the largest Polish bank, have enabled Western Union Money Transfer transactions originated from nearly anywhere in the world to be paid out at more... read more

Walmart India in deal with M-Pesa

13 Jul 15 @ 16:11

Vodafone India has formed a strategic partnership with Walmart India that will enable business members of Walmart-owned Best Price wholesale stores to make payments using the M-Pesa mobile wallet services. The partnership will... read more

Danish Bitcoin outfit launches Bitcoin debit card

13 Jul 15 @ 15:49

The Danish Bitcoin outfit CCEDK has announced that it is coming out with its own Bitcoin debit card. In addition to strictly storing the funds as Bitcoin or USD, the user... read more

Nigerian mobile money transactions hit $3.5 billion

13 Jul 15 @ 12:08

Nigeria has recorded a total transaction of N700 billion, about $3.5 billion, through the mobile money banking system since 2012, according to the  Central Bank of Nigeria (CBN). The Director,... read more

AmEx reveals online checkout service

13 Jul 15 @ 11:57

American Express has revealed an online checkout service that works across desktop, mobile and apps to let US card holders make payments with their existing AmEx user ID and password, without having... 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