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Retailers hit hard by data breach expenses

26 Feb 15 @ 12:36

Target has so far booked $162 million in expenses related to the data breach it suffered in late 2013 which saw thieves steal the card details of tens of millions... read more

Protecting mobile banking and payment apps from malicious app attacks?

25 Feb 15 @ 14:24

We are constantly reminded by news stories how complex it can be to secure mobile banking and payments apps. A recent study* has found that 11% percent of Android banking... read more

Barclays launches Twitter Payments through Pingit

25 Feb 15 @ 09:54

In a UK first, Barclays has announced it will be the first British bank to allow people to pay each other and small businesses via Twitter payments using just their Twitter handle.... read more

SIM card remains secure

25 Feb 15 @ 09:30

The SIM card is so secure that in the case revealed recently, even intelligence services preferred to steal the key rather than attack the SIM card. The secure authentication of... read more

Can we trust cryptocurrencies?

24 Feb 15 @ 16:49

It is a truth universally acknowledged, that a currency system seeking successful adoption must be in want of trust. Trust that a representation of value, such as a paper note,... read more

Online payment methods around the world

24 Feb 15 @ 16:19

Not all countries have cards as the predominant payment method when paying for goods and services online. Payment methods can be quite diverse from country to country. Expert Market have... read more

Card fraud at the ATM is serious – time to step up the fight

24 Feb 15 @ 10:39

Representing global losses in excess of a billion Euros, card fraud and associated skimming remains the most prevalent type of ATM crime and a major concern for financial institutions (FI)... read more

Visa Europe launches payment tokenisation and expands P2P payments capabilities

24 Feb 15 @ 10:27

Visa Europe has announced its plan to launch a payment tokenisation service customized for the needs of the European market. Tokenisation technology will be at the heart of new mobile... read more

Google attempts to revive Google Wallet in new telco deal

23 Feb 15 @ 18:41

Google is said to be reviving its Google Wallet after seeing how popular Apple Pay has been, according to The Wall Street Journal. To do so, Google is apparently in the early... read more

Merchants deploying NFC terminals in greater numbers globally

23 Feb 15 @ 16:52

According to a new Berg Insight reporter global merchants the world over are deploying more NFC terminals at the point of sale and activating the NFC capability. Berg Insight estimates... read more

Indian ecommerce hits $22 billion

23 Feb 15 @ 12:36

According to PwC, the Indian ecommerce industry is expected to reach $22 billion in 2015, as compared to $16.4 billion in 2014. Currently, e-Travel comprises 70% of the total ecommerce... read more

Mobile commerce growing three times faster than e-commerce

23 Feb 15 @ 12:21

In a new piece of research issued by PayPal in collaboration with the market research company Ipsos, mobile commerce is growing at nearly three times the rate of overall ecommerce at... read more

US EMV payments: PIN or signature?

23 Feb 15 @ 11:49

There are lots of ongoing discussions around EMV payments in the US; PIN versus signature, contactless, mobile payments (firmly back on the table after the introduction of Apple Pay), tokenization,... read more

American Express loses antitrust lawsuit – appeal imminent

20 Feb 15 @ 10:58

The longtime chief executive of American Express,Kenneth Chenault, refused for years to settle an antitrust case with the US government, vowing to fight even as the company’s top rivals cut deals.... read more

Africa blazes mobile money trail

20 Feb 15 @ 09:25

The market for banking in sub-Saharan Africa has developed slowly. The majority of people in sub-Saharan Africa (as many as three in every four) are still unbanked, meaning that their... read more

Should mobile payments be handled in-app, or by the bank?

20 Feb 15 @ 09:17

For the past five years, mobile payments have been trumpeted as ‘this year’s big thing’ – but finally, this year, the claim is being substantiated. For me 2014 marked a... read more

Gen Z ready for biometric security

20 Feb 15 @ 09:17

16 to 24 year old consumers in the UK have the greatest appetite for biometric security measures and the greatest need to use them in place of traditional authentication such... read more

Cyber risk top CEOs’ list of threats to banking

20 Feb 15 @ 09:10

A PwC survey of 175 CEOs of Banking & Capital Markets (BCM) organisations across 54 countries shows 92% are optimistic about their growth prospects over the next three years, despite... 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