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Apple Pay 2.0 includes coupon redemption and ticketing

16 Feb 15 @ 15:25

The new version of Apple Pay will include coupon redemption, loyalty and ticketing functionalities, according to a patent filed with the US Patent and Trademark Office. The updated Apple Pay... read more

Hackers steal $1 billion in global cyber attack

16 Feb 15 @ 15:17

Around $1 billion may have been stolen by hackers from 100 banks worldwide in an unprecedented cyber attack, according to a report by security specialist Kaspersky Lab. The attacks, which... read more

Mobeewave gains $6.5 million investment

16 Feb 15 @ 15:14

Canadian NFC payments entrant Mobeewave has secured a $6.5 million funding round led by SBT Venture Capital. According to the company, the investment will be used to support market expansion... read more

25% of phishing attacks in 2014 targeted financial data

13 Feb 15 @ 12:29

The Kaspersky Lab study ‘Financial Cyber Threats in 2014’ reports that 28.8% of phishing attacks in 2014 were intended to steal financial data from users. While carrying out their scams,... read more

US consumers lose trust in mobile wallets and apps

13 Feb 15 @ 11:54

According to a new survey in the US, trust is eroding among mobile device users when it comes to making purchases or mobile wallet and app downloads. A survey of 15,000... read more

PKO BP selects ACI for advanced mobile payment system BLIK

13 Feb 15 @ 11:45

PKO BP, the largest bank in Poland has selected ACI to support the bank’s ambitious growth plans for its mobile payment system BLIK, in one of Europe’s most innovative and fastest-growing markets. PKO’s... read more

MasterCard to to invest in biometrics and cyber security

13 Feb 15 @ 11:36

MasterCard is reportedly set to invest an additional $20 million in cyber security measures this year, including biometric protection for mobile apps, and early warning alerts on potential threat vectors. This... read more

Survey on internet security: smartphone and tablet users most reckless

13 Feb 15 @ 11:30

It is surprising to see that smartphone owners of all people are taking the biggest risks with data security, considering that 74% of all interviewees regularly use their web-enabled smartphone... read more

EMV cards are no panacea for credit card security

12 Feb 15 @ 14:46

Whilst the EMV (Europay, MasterCard and Visa) bashing in the US continues to gather pace, US banks, credit card companies and retailers continue to invest heavily in the technology widely used in Europe. EMV... read more

Amazon payments business trebles

12 Feb 15 @ 13:02

Momentum for Amazon’s payments service Login and Pay With Amazon appears to be building after a sluggish start. In January, Amazon reported strong growth in the service among mobile users... read more

Rabobank deploys mobile wallet with secure mobile payment app

12 Feb 15 @ 11:11

Rabobank, one of the largest financial institutions in the Netherlands, is now offering its customers a mobile payment and mobile value added service via its mobile payment app. Dutch consumers are now able to... read more

Banque Populaire selects HPS to expand pan-african payments

12 Feb 15 @ 09:43

Banque Populaire says that will now be using the HPS’s PowerCARD solution to process electronic payment transactions of all of its subsidiaries in Africa. The partnership between Banque Populaire and... read more

UATP enabling airlines to accept bitcoin

11 Feb 15 @ 13:34

UATP has teamed up with Bitnet as a payment processing partner. This relationship will allow UATP to offer its Network of 260+ airlines the ability to accept bitcoin payments in... read more

Fraud and security concerns push ID management in 2015

11 Feb 15 @ 13:26

Fraud and security: with the influx of high profile digital data breaches in the past year, businesses and consumers alike have grown increasingly concerned over the amount of sensitive personal... read more

India plans unified mobile payment system

11 Feb 15 @ 13:15

India has begun implementing plans for a centralized electronic and mobile payment system and set of APIs designed to encourage the country to transition over to electronic transactions via smartphone... read more

E-commerce experiences growth in Brazil through cross border sales

11 Feb 15 @ 13:08

Brazilian e-commerce generated revenues of R$35.8bn ($13.3bn) in 2014 with an annual growth rate of 24%, according to e-bits’ recently launched e-commerce study. Brazil has a total of 61.6 million... read more

Core banking infrastructure replacement critical say banks

11 Feb 15 @ 12:57

A clear majority of banks believe that they will have to overhaul their core banking infrastructure over the next three to five years if they are to face off the... read more

SWIFT selected by Payments Council to host national data platform for SEPA IBAN

10 Feb 15 @ 10:54

SWIFT says it has been selected by the UK’s Payments Council as the vendor for the country’s Single Euro Payments Area (SEPA) International Bank Account Number (IBAN) Only central infrastructure platform.... 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