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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

Visa unveils global expansion plans for Checkout

19 Feb 15 @ 14:56

Visa Inc. has announced that Visa Checkout will become available in a total of 16 markets in 2015, continuing the growth the proposition has experienced since launching in three markets... read more

Sub-Saharan African mobile money market set to soar

19 Feb 15 @ 12:38

The sub-Saharan mobile money market is set to provide telcos and banks with as much as $1.5 billion in fees by 2019, according to research from the Boston Consulting Group... read more

Google retires Bebapay card in Kenya

19 Feb 15 @ 12:29

Google is to close its Bebapay prepaid card in the Kenya market in order to shift its focus onto the payments space. Bebapay was launched in 2013 as a prepaid... read more

EMVCo plans integration for 3D Secure specification

19 Feb 15 @ 11:09

EMVCo says it plans to improve its 3D Secure online payment solution by facilitating a more seamless transaction flow and integration with online merchants. Introduced in 2001, 3D Secure has... read more

Contactless cards have paved way for mobile payments

19 Feb 15 @ 10:42

Spending on contactless cards more than trebled over the last year to reach a record £2.32 billion in 2014, with the total spend last year more than double that of all the previous... read more

Let battle commence: Samsung acquires LoopPay

19 Feb 15 @ 08:57

As the battle for handset supremacy wages on, the new weapon for Samsung is LoopPay, as the electronics giant agreed to acquire the mobile wallet services provider that turns existing magnetic stripe... 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

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... 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