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World Payments Report 2014

30 Sep 14 @ 14:22

Non-cash payments volumes are expected to grow 9.4% to reach 366 billion transactions in 20131, fueled by strong growth in developing markets and the use of credit (up 9.9%) and... read more

eBay and PayPal to split in 2015

30 Sep 14 @ 13:16

In an unsurprising move, despite best efforts to keep the companies joined, eBay announced it will split its PayPal unit into a separately traded company in 2015. The separation will... read more

UK fraud losses on payment cards on the rise

30 Sep 14 @ 12:32

According to figures released by Financial Fraud Action UK (FFA UK) card fraud and remote banking fraud increased during the first six months of 2014. The intelligence behind the figures... read more

Malware everywhere

30 Sep 14 @ 11:50

The threat of malware is growing faster and faster and creating more and more issues across numerous industries – including the payments industry. Malware exploit kits are simple to use,... read more

Mobile devices increasing opportunity for payment fraud

29 Sep 14 @ 15:00

As more consumers and employees use their smartphones and tablets, the risk of payment fraud stemming from those devices increase for small- and medium-sized businesses, warns a new report from... read more

From Abandonment to Acquisition – White Paper

29 Sep 14 @ 12:05

From Abandonment to Acquisition: Five tactics to reduce abandonment in your m-commerce channel. In this WhitePaper, Jumio examines how despite a track record of constant growth through perpetual innovation, the online retail industry is actually currently underperforming and further growth being held back.

Samsung Smartwatch to use PayPal mobile payments

29 Sep 14 @ 12:00

Samsung says it will partner with PayPal to offer mobile payments in the next edition of its Galaxy Gear smartwatch. The Korean manufacturer appears to be following in the footsteps of... read more

US chip and PIN migration worth the effort and cost

29 Sep 14 @ 09:34

The rollout of chip and PIN credit cards could cost $8.6 billion or more. Some experts say it’s not worth it – that the technology is already obsolete, and that... read more

US debit card interchange cap to remain unchanged

26 Sep 14 @ 13:34

According to news out of the US, the Federal Reserve Board says it will leave its debit card interchange cap for large issuers unchanged despite finding that some of their important... read more

Is tokenization the future of payment fraud prevention?

26 Sep 14 @ 13:26

According to a new report by the Federal Reserve Bank of Boston, tokenization is set to form a major change in the battle against payment fraud. Payment tokenization, as described by the MPIW... read more

Barclays mobile banking apps processing £4 billion per month

25 Sep 14 @ 17:25

UK banking customers are moving away from high-street branches and increasingly using mobile banking apps, according to recent research recent by Barclays. A study by the bank found that usage of its... read more

FS-ISAC and DTCC announce Soltra to improve global cyber security capabilities

25 Sep 14 @ 12:20

The Financial Services Information Sharing and Analysis Center (FS-ISAC), an organization focused on sharing critical cyber security threat information worldwide, and The Depository Trust & Clearing Corporation (DTCC), the premier... read more

Ripple signs US banks to payments network

25 Sep 14 @ 12:00

Ripple’s payments network, that allows institutions to facilitate low-cost international money transfers without the intermediation of large banks, has signed its first two US banks as customers. The two banks –... read more

PayPal partners with Bitcoin payment processors

24 Sep 14 @ 15:52

PayPal says it will partner with three major Bitcoin payment processors in this space – BitPay, Coinbase and GoCoin. Although PayPal has stopped short of integrating bitcoin into its digital wallet... read more

BBA to launch financial crime alert system

24 Sep 14 @ 15:28

The British Bankers Association (BBA) is to build a new alert system that will see 12 government and law enforcement agencies warn banks of the latest cyber threats to financial crime,... read more

Reinvigorating the ATM channel

24 Sep 14 @ 15:14

The ATM channel offers exciting possibilities for banks – if they are astute enough to recognise them and then to take the necessary action. This is the key message found... read more

ECB accelerates SEPA for cards plans

24 Sep 14 @ 10:58

Now that SEPA direct debits and credit transfers are firmly established in Europe, the European Central Bank (ECB) is aiming to speed up SEPA for cards. In a new report,... read more

EBA warns of IT risk

23 Sep 14 @ 10:33

The European Banking Authority (EBA) and other EU supervisory authorities have warned banks to reinforce IT controls and audits on third-party technology providers with relation to operational and IT risk. The Joint Committee of... 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