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11% of Android banking apps are “suspicious”

22 Jan 15 @ 13:21

RiskIQ, the company that enables organizations to maintain the integrity of their brands on websites and mobile app stores, has announced research findings on the prevalence of suspicious mobile banking apps.... read more

Monitise for sale as revenues freefall

22 Jan 15 @ 12:07

In an unsurprising move, Monitise, the UK mobile payments company, has issued its third revenue warning in a year and appointed advisers to consider a sale of the business, as it... read more

W3C joins battle for payments standard

22 Jan 15 @ 09:00

In October 2014, W3C, the World Wide Web standards organization, announced plans to develop a world-wide payments standard for internet payments. The initiative is an interesting project to monitor since... read more

Amazon withdraws mobile wallet app

21 Jan 15 @ 15:23

Amazon has quietly announced that it is withdrawing from the mobile payments scene and has removed its mobile wallet from the various app stores after just six months. The limited... read more

Supreme Court rejects debit card interchange challenge

21 Jan 15 @ 10:00

The Supreme Court handed US banks a victory as it declined to consider a challenge by a group of retailers to Federal Reserve regulations setting fees for processing debit-card transactions,... read more

UK banking body moves to regulate bitcoin

21 Jan 15 @ 09:50

During 2014 we saw several occasions of significant political figures from the UK having a bitcoin friendly stance – is this all set to change in 2015. UK Shadow Minister Chi Onwurah and Chancellor of... read more

Retail Crime Survey – Fraud and Cyber attacks on the rise

21 Jan 15 @ 09:38

The impact of theft on UK retailers has reached its highest level in a decade according to this year’s BRC Retail Crime Survey. The average value of each theft in-store... read more

EMV banking cards extend reach of Vodacom m-pesa mobile wallet

21 Jan 15 @ 09:11

The deployment of prepaid EMV banking cards to complement Vodacom’s m-pesa mobile wallet service in South Africa will significantly extend the reach of the South African operator’s services. The card... read more

Diners Club International expands acceptance throughout Europe

21 Jan 15 @ 09:00

Diners Club International, a business unit of Discover Financial Services and part of the Discover Global Network, and The Logic Group, announced a signed agreement that will grow Discover and... read more

Generation Z ready for biometric security

20 Jan 15 @ 14:16

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

Starbucks drops Square and deepens app strategy

19 Jan 15 @ 10:08

Starbucks has launched its mobile payment app in Germany and France to enable its customers to make payments using a mobile version of their Starbucks card. The app is the... read more

Microsoft deploy PayPal mobile payments

19 Jan 15 @ 09:54

PayPal has joined forces with Microsoft to bring its PayPal Here hardware card readers to Windows devices, as well as develop EMV-compliant readers. The collaboration is aimed at small and... read more

Google to buy Softcard?

19 Jan 15 @ 09:20

It has emerged over the weekend that Google is leading talks to acquire Softcard, the troubled mobile payments company that is being eyed by a number of potential suitors, said people familiar... read more

Multiple payment options critical to merchants

16 Jan 15 @ 11:07

A lack of payment options are forcing customers to abandon their baskets and merchants to miss out on sales. Online retailers are dramatically losing out on sales by failing to address... read more

Google ceases sales of Google Glasses

16 Jan 15 @ 10:55

In what has been a very short lived love affair, Google has stopped selling its Google Glasses product. Loved by few and lambasted by many the internet giant is shutting down... read more

Thieves hit ATMs with Black Box attack

15 Jan 15 @ 14:11

According to the KrebsOnSecurity blog, ATM skimming attacks have focused on innovative fraud devices made to attach to the outside of compromised ATMs via a black box attack. Security experts are... read more

UK’s Bacs payments network hits new heights

15 Jan 15 @ 11:37

The UK’s Bacs Payment Schemes Limited (Bacs), the company behind Direct Debit says UK records were broken in 2014, reaching new highs in levels of transactions, demonstrating automated payments remain... read more

US cards will fall short on fraud as issuers shun PIN

15 Jan 15 @ 10:02

Big US banks are steering clear of an advanced security measure used in credit cards around the world, opting for a system that is more convenient for shoppers but may... 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