13 Mar 14 @ 12:53

The latest figures from Visa Europe show that throughout 2013 Visa cardholders used their contactless cards to make more than 94.3 million purchases in the UK compared to just under... read more

13 Mar 14 @ 11:30

New York’s financial regulator has said firms can submit proposals to set up “regulated”  digital currency exchanges like Bitcoin. The state’s Department of Financial Services (NYDFS) said it wanted to... read more

13 Mar 14 @ 11:22

New global research by the Ponemon Institute, sponsored by mobile interaction service provider tyntec, has revealed that on average almost 50% of one-time passwords (OTPs) fail to arrive due to invalid... read more

13 Mar 14 @ 09:20

FICO released its quarterly UK cards data showing that average spend on “classic,” non-premium credit cards hit a 10-year high in December 2013. In addition, the proportion of classic UK credit... read more

12 Mar 14 @ 16:13

In its latest Threats Report security specialists McAfee Labs say they have identified 200 new malware samples per minute, or more than three new threats every second, during 2013, which... read more

12 Mar 14 @ 15:57

Hang Seng Bank is to join forces with mobile operators including HKT to strengthen the mobile payment ecosystem and offer customers the convenience of NFC to tap and pay for small... read more

12 Mar 14 @ 15:22

Visa and MasterCard have been in court to fight the EMV patent litigation they face from SmartMetric, Inc. SmartMetric is the owner of an issued United States Patent & Trademark Office patent... read more

12 Mar 14 @ 11:10

In this special supplement, PCM – in conjunction with Alaric, an NCR company and a global supplier of fraud prevention and payments processing products – outlines how banks and other... read more

11 Mar 14 @ 09:21

New fronts in the war on cash are being opened up worldwide through a range of innovative services and payments products. Is the dream of a cashless society far-fetched? While we... read more

10 Mar 14 @ 17:04

The UK’s Payments Council is to launch a secure means for consumers to make payments using a mobile number, in a long awaited service backed by the UK’s banks, called... read more

10 Mar 14 @ 13:00

In a stark warning from the PCI Security Standards Council, up to 95% of the world’s ATMs could be left wide open to hackers next month when Microsoft ends tech support... read more

10 Mar 14 @ 12:52

Visa and MasterCard have launched a cross-industry EMV acceptance group to improve security for card transactions and press US retailers and banks to meet a 2015 deadline to adopt technology that would make it safer... read more

10 Mar 14 @ 12:43

Chinese search engine, Baidu has formed a partnership to apply for a private banking license, as China’s biggest search engine provider moves from acting as a store front for money market funds... read more

07 Mar 14 @ 10:58

Biometric technology is a big talking point at the moment as there is growing consumer dissatisfaction with PINs, passwords and general security around mobile payments. The further down the digital... read more

06 Mar 14 @ 15:33

Payment card fraud in the US is rampant, and it’s adding up to big losses. The US accounted for 51% of global payment card fraud costs in 2013, according to BI... read more

06 Mar 14 @ 15:15

Satoshi Nakamoto stands at the end of his sunbaked driveway looking timorous. And annoyed. He’s wearing a rumpled T-shirt, old blue jeans and white gym socks, without shoes, like he... read more

05 Mar 14 @ 15:40

The European Banking Authority (EBA) will create a taskforce to advise it on whether virtual currencies like beleaguered Bitcoin, should be regulated. The watchdog said that the taskforce will be... read more

05 Mar 14 @ 15:16

SWIFT has created a financial crime compliance services unit headed up by Luc Meurant. The expanding team is tasked with launching SWIFT’s Know Your Customer (KYC) Registry shared services platform, which... read more