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Bank of England: The economics of digital currencies

06 Mar 15 @ 12:24

Digital currencies represent both innovations in payment systems and a new form of currency. This article examines the economics of digital currencies and presents an initial assessment of the risks... read more

PayPal sets out new plan

06 Mar 15 @ 12:14

Dan Schulman, the new CEO of PayPal has set out his vision for turning eBay’s payments arm from a button on a website into the operating system for digital commerce.... read more

$16 billion stolen from 12.7 million identity fraud victims in 2014

05 Mar 15 @ 10:59

Javelin Strategy & Research have published its 2015 Identity Fraud Study. 2014 was a mixed year in the fight against identity fraud, with some advances and some setbacks. The study found... read more

Visa motors ahead with in car commerce

05 Mar 15 @ 10:28

Visa Inc., Pizza Hut and Accenture announced they are working together to develop a proof-of-concept connected car to test mobile and online purchases on the go. The connected car is... read more

Visa ready for mobile payments after Apple Pay work

05 Mar 15 @ 10:14

Speaking at this morning’s Mobile World Congress (MWC) keynote on digital transactions and social interactions, Ryan Mclnerney, global president of Visa Inc, expressed the huge effort involved in helping Apple Pay get... read more

ECB: Digital currencies unstable

04 Mar 15 @ 15:16

The European Central Bank has published a new report on digital currencies, describing them as “inherently unstable” whilst remaining upbeat about the potentially transformative benefits they may offer in payments. The ECB study builds... read more

Mobile money for the unbanked – an industry report

04 Mar 15 @ 12:34

The GSMA Mobile Money for the Unbanked (MMU) programme has releases its 2014 State of the Industry Report on mobile financial services. Published annually, the report provides industry practitioners with insights... read more

Evaluation of mobile banking at the top Latin American banks

04 Mar 15 @ 12:12

Celent has explored mobile technology and the breakthrough of mobile banking apps in the retail banking industry in Latin America, focusing on the top 10 institutions. The next logical move... read more

Apple Pay experiencing high fraud exposure

04 Mar 15 @ 11:54

Apple Pay has gained momentum quickly, in typical Apple fashion, with 2,000 financial institutions committed to support it, millions of cardholders actively enrolled, and two-thirds of all contactless transactions in... read more

EMV Liability Shift – 212 Days to Go

04 Mar 15 @ 09:31

October 2015 marks a major milestone in the US payment industry’s migration to EMV as the liability shift comes into effect. After the liability shift, the party on a card... read more

Egyptian Government and MasterCard collaborate to extend financial inclusion

03 Mar 15 @ 15:07

The Government of Egypt, represented by the Ministry of Communications and Information Technology, and MasterCard announced the details of a recent Memorandum of Understanding (MoU) that will aim to extend financial... read more

PayPal acquires mobile payments firm Paydiant

03 Mar 15 @ 10:35

PayPal has agreed to buy Paydiant. In an announcement on the PayPal website, Dan Schulman, PayPal President and CEO, said: “Today, I am excited to announce that we agreed to acquire... read more

Ingenico introduces mPOS

03 Mar 15 @ 10:25

Ingenico has launched the RP170c, an audio jack-based mPOS dongle that can accept payments made by mobile phone. The RP170c offers support for both NFC/contactless and mag-stripe payments via a 3.5mm standard audio... read more

Samsung unveils Galaxy S6 and Samsung Pay

02 Mar 15 @ 11:49

Samsung has launched its latest flagship devices at Mobile World Congress, with its Galaxy S6 joined by Galaxy S6 edge – a smartphone with a curved display on both sides. While... read more

SIA continues strong European growth

02 Mar 15 @ 10:22

The Board of SIA, meeting under the chairmanship of Giuliano Asperti, has approved the Financial Statement at 31 December 2014. The results achieved by SIA show a further improvement after... read more

UK Payments sector behind London being Fintech capital of Europe

02 Mar 15 @ 10:08

Accenture reported in ‘The Boom in Global Fintech Investment’ that London “has become the Fintech capital of Europe. Since 2004, the lion’s share of Europe’s Fintech deals and financing have... read more

Proxama and Aconite team on mobile proximity commerce

02 Mar 15 @ 09:40

Proxama has unveiled details of its new end-to-end mobile proximity marketing and payments proposition following the acquisition of Aconite Technology last year. Proxama’s new Digital Payments Division will be led by... read more

ValidSoft and FICO partnership scores win

02 Mar 15 @ 09:35

ValidSoft with its partner FICO, has launched the ValidSoft Device Trust solution with another major UK retail bank. The new client, unnamed for security reasons, represents the largest UK deployment... read more

Trending

Revolut eyes an IPO, but the valuation story is the real headline

21 Apr 26 @ 14:35

Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more

Banks to reinforce cyber defences as AI changes the threat model

22 Apr 26 @ 19:36

Banks are hardening their cyber defences as artificial intelligence begins to alter the economics of digital attacks. For financial institutions, the challenge ... more

Emerging markets accelerate the shift to cashless payments

30 Apr 26 @ 18:03

Cashless payments are becoming an increasingly important marker of financial modernisation across emerging market and developing economies, with new data from t... more