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PayPal faces tough times in the digital payments ecosystem

26 Jun 15 @ 15:53

Former PayPal CEO Bill Harris discusses how PayPal fits into mobile payments with Bloomberg’s Emily Chang. Harris was asked whether the company can compete with other digital payment firms, in... read more

World Retail Banking Report 2015

26 Jun 15 @ 15:44

The latest World Retail Banking Report 2015 produced by Capgemini and Efma looks like  bad news for traditional banks. For the second straight year, banks have not been able to... read more

Safaricom sues Airtel over M-pesa

26 Jun 15 @ 13:26

Safaricom has taken rival telecommunications company Airtel to court on claims that it is infringing on its M-Pesa trademark by including its symbols on its advertising billboards. Safaricom has filed pictures... read more

.Bank domain launch starts stampede

26 Jun 15 @ 13:18

fTLD Registry Services the registry behind the new .Bank domain says that it received over 3,000 domain name registrations during the opening period. Having seen more than 700 applications for the new domains... read more

Fintech Investment triples in 2014

25 Jun 15 @ 16:36

Fintech investments continued at a remarkable pace last year, nearly tripling in the US in 2014, according to a new report by Accenture and the Partnership Fund for New York... read more

Mobile apps generate 50% of retailer mobile transactions

25 Jun 15 @ 12:12

Criteo has released its State of Mobile Commerce Report, revealing that mobile apps generate almost 50% of mobile transactions for some of the largest ecommerce players who have made their app... read more

25% jump in cross border fraud on UK debit cards

25 Jun 15 @ 10:31

The percentage of fraudulent transactions occurring outside the UK in 2014 on UK debit cards rose 25% in a massive sample of cards studied by analytic software firm FICO. Cross border... read more

European ACHs join forces to optimize clearing services

25 Jun 15 @ 10:21

Six ACH members of the European Automated Clearing House Association (EACHA) have joined forces to deliver centralized and optimized processing services for SEPA transactions. For this purpose they have set... read more

Banks adopting biometrics against fraud

24 Jun 15 @ 15:36

A new impact report finds that the use of knowledge-based analytics are on a fast decline, while various forms of behavioural analytics continue to see strong growth. The report, “Digital Channel Fraud... read more

Cash remains king for consumers

24 Jun 15 @ 13:26

Annual figures from the Bank of England show the British public retains a stubborn attachment to paper money, despite rapid innovations in higher-tech methods of payment such as contactless cards... read more

Two-thirds of retailers feel they lack tools to tackle omni-channel fraud

24 Jun 15 @ 13:11

More than 50% (54%) of retailers in Europe and the US still have to consolidate their fraud management solutions across all channels, according to new research conducted by Forrester Consulting... read more

Verifone signs major Payment as a Service deal

23 Jun 15 @ 16:59

Verifone says that Westpac Banking Corporation will be the first bank in Asia Pacific to deploy its new handheld EMV and NFC-enabled terminal solution that is fully supported with payment as... read more

Barclays explores the blockchain

23 Jun 15 @ 16:32

Barclays has entered a Proof-of-Concept (PoC) trial with bitcoin exchange Safello, in an attempt to see if blockchain technology can improve its performance financial services sector. In an interview with CoinDesk, Safello... read more

Candian telcos launch mobile wallet app Suretap

23 Jun 15 @ 16:21

As companies globally race to position themselves in the swap of physical wallets and plastic cards for virtual ones, Canada’s largest telcos unveiled the grand expansion of their mobile payments app –... read more

Capitalizing on digital influence in retail

23 Jun 15 @ 11:50

For the third year, Deloitte Digital conducted a survey with thousands of consumers to understand how they engage with digital when shopping, and to quantify how these interactions influence their... read more

Amex loses out at POS

22 Jun 15 @ 15:40

After years of prohibiting merchants who accept its cards from steering customers to other brands, American Express is being forced to lift those restrictions. The change comes after a federal judge... read more

First Data launches Clover Mini POS

22 Jun 15 @ 15:33

First Data has launched a tablet-based mini POS system dubbed Clover Mini. Aimed at small businesses, the Clover Mini is a small POS system that is aimed at competing with Poynt,... read more

Nine drivers of mobile money identified as consumers embrace mobile

22 Jun 15 @ 11:57

Global trade body Mobile Ecosystem Forum (MEF) has released its annual Global Mobile Money report. As new mobile payment models come online, and more sectors embrace mobile as the primary channel... 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