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MPOS devices could leave millions worldwide open to attack

07 Apr 14 @ 11:41

Mobile Point of Sale (MPOS) devices can be easily hacked, leaving banks, retailers and millions of customers exposed to serious fraud around the world, global information security firm MWR InfoSecurity... read more

Advanced Payments Report 2014

07 Apr 14 @ 10:03

Advanced Payments report 2014, publishes the results of our 8th annual Advanced Payments Survey charting the development of the mobile and other advanced payments, capturing expectations, opinions and perspectives from all across the globe.

AFP payments fraud and control survey

04 Apr 14 @ 11:11

Despite a slight decrease in corporate payments fraud and a heightened interest in security risks, 2013 saw an increase in fraud specific to credit and debit cards as criminals and... read more

thinkmoney deploys First Data’s PIN NOW SMS solution

04 Apr 14 @ 10:41

First Data announced that thinkmoney, part of the Think Money Group, has deployed its PIN NOW SMS solution which provides a digital alternative to the traditional paper PIN mailer. A customer... read more

US banks are warned about new ATM hack

04 Apr 14 @ 10:30

US regulators have warned its banks to protect their ATM’s and card authorisation systems from a fresh wave of cyber-attacks that seek to ATM hack a control weaknesses to spew... read more

Paym mobile payments service launches in UK

04 Apr 14 @ 10:09

P2P mobile payments service Paym will be rolled out by Britain’s banks at the end of this month. Customers of participating banks and building societies can register their mobile numbers,... read more

European Parliament driving down fees of card payments

03 Apr 14 @ 13:05

The European Parliament is to support the cap on costs of all credit and debit cards at reasonable levels across Europe but is allowing member states to set even lower... read more

Mobile remote deposit capture – once consumers use it they love it

03 Apr 14 @ 09:53

Financial institutions will need to aggressively promote the benefits of mobile remote deposit capture service in their marketing communications in order to grow its usage, according to a recent survey... read more

Getting to grips with ISO20022

02 Apr 14 @ 11:27

ISO20022 is becoming the de facto standard for financial services messaging. This is undoubtedly a good thing – increasing globalisation is driving cross-border payments volumes so any harmonisation is welcome.... read more

Mobile banking transactions in UK double

02 Apr 14 @ 10:45

Brits have now downloaded more than 12.4 million mobile banking apps while the number of transactions made using them has nearly doubled in a year, hitting 18.6 million a week... read more

Steep rise in detected and prevented fraud attempts for financial services

02 Apr 14 @ 09:35

Experian has revealed a significant rise in detected and prevented fraud attempts in H2 2013 as financial services providers push forward in the fight against credit application fraud. According to... read more

Spire Payments acquires Altius Plus for R&D and strategic positioning within Central Eastern European market

01 Apr 14 @ 13:35

Spire Payments has acquired Altius Plus, experts in the development of payment applications, terminal management systems, loyalty schemes, ticketing solutions and client server-based architectures within the payments industry. With a client... read more

Vodafone launch M-pesa in Europe

01 Apr 14 @ 12:35

M-pesa has arrived in Europe as Vodafone seeks to spread the popular digital currency outside emerging markets. Vodafone has acquired an e-money licence to operate financial services in Europe, with... read more

Regulators review bank IT systems

01 Apr 14 @ 11:38

In an awesome piece of news for banking tech vendors, bank IT systems are set to come under the regulatory microscope in 2013/2014 as the UK’s Financial Conduct Authority identifies technology... read more

Retail banking IT spending to hit $152.5 billion by 2018

31 Mar 14 @ 12:02

Increasing customer strength is requiring banks to focus on the front office once more, as they seek to generate revenue and grow market share, according to new research from Ovum*. The... read more

TSYS signs agreement with Virgin Money

31 Mar 14 @ 10:43

TSYS announced that it has reached a long-term agreement to provide consumer credit processing services along with value- added capabilities for Virgin Money customers within the United Kingdom. Virgin Money... read more

SIA sign agreement with orange for mPOS in Europe

31 Mar 14 @ 10:38

SIA and Orange Business Services have signed a collaboration agreement that will enable European and extra-EU banks and merchants to manage payments via mPOS (mobile point of sale) terminals. More... read more

Mobile is key driver for changes in payments technology

31 Mar 14 @ 10:30

According to the recent IMRG Capgemini Quarterly Benchmarking Study, a third (32%) of all online sales were made over mobile devices between November 2013 and January 2014 – and this... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more