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Vishing attacks hits £21 million in 2014

30 Jun 14 @ 10:35

Since the beginning of 2014, some of the UK’s main high street banks have reported losses of over £21 million from vishing attacks, where consumers are tricked into handing over... read more

Russian Standard Bank launches contactless payment with Samsung

30 Jun 14 @ 10:28

Russian Standard Bank, Samsung Electronics and MasterCard have announced the commercial launch of a contactless payment service on some flagship NFC-enabled Samsung devices.  For MasterCard and Samsung, the Russian launch... read more

Stripe inks deal with Alipay

26 Jun 14 @ 17:09

US payments provider Stripe announced a deal with industry giant Alipay that will enable merchants in the UK and Europe to accept payments from Chinese consumers. The US firm hopes... read more

NYC overtakes Silicon Valley as fintech centre of excellence

26 Jun 14 @ 16:47

New York’s financial sector is helping it outstrip Silicon Valley in terms of fintech start-up investment, according to a new report by Accenture and the Partnership Fund for New York... read more

US issuers push EMV issuance after turbulent year

26 Jun 14 @ 09:37

2014 Debit Issuer Study reveals increased usage, a renewed focus on fraud prevention and EMV issuance, and a resurgence of debit rewards linking merchant offers. Financial institutions weathered the Target... read more

In 1 Year, 15 million cards instantly issued on Datacard solutions

25 Jun 14 @ 17:15

Datacard Group has announced that, in the US alone, financial institutions have instantly issued over 15 million cards this past year with Datacard instant issuance solutions. “We’ve seen that the US... read more

Global: 1 in 4 consumers victimised by card fraud

25 Jun 14 @ 12:19

A global fraud study of more than 6,100 consumers across 20 countries revealed that one in four consumers is a victim of card fraud in the last five years. The... read more

Prepaid will be a defining force in the future of mobile commerce

25 Jun 14 @ 11:46

The rapid convergence of prepaid and mobile commerce is creating significant opportunities for merchants and other stakeholder groups to push banks and other day-to-day money management service providers down the... read more

ZipZap expands global cash transaction network to 20,000 UK retail locations through Payzone

25 Jun 14 @ 09:37

ZipZap has announced its expansion to the UK through a partnership with Payzone one of UK’s leading consumer payments and cash distribution networks. With this partnership, ZipZap now offers an... read more

Canada signs first official law to regulate Bitcoin

24 Jun 14 @ 16:03

Canada has implemented what is the first official national law on Bitcoin use. Its signing was quiet, notes Christine Duhaime, B.A., J.D., Financial Crime and Certified Anti-Money Laundering Specialist of Duhaime Law.... read more

Dictao integrates Apple Touch ID fingerprint recognition technology

24 Jun 14 @ 15:46

Dictao, a publisher of software solutions for digital trust and security, says that its product Dictao Cloudcard, for mobile-based strong authentication and digital signature, supports the Apple Touch ID fingerprint... read more

Russia reduce security payments for Visa and MasterCard

24 Jun 14 @ 13:09

In a sensible move, Russia has moved to prevent MasterCard and Visa quitting Russia by pledging to reduce the size of the deposit required for them to operate in the... read more

59% of EU merchants will not pass on savings from cap on interchange fees

24 Jun 14 @ 11:57

A new survey shows that the majority of high value retailers in Europe believe that draft EU rules to cap interchange fees for electronic payments should only go ahead if... read more

Consumers losing confidence in the battle against fraud

24 Jun 14 @ 10:49

Fraud events make consumers afraid, and FIs see costly customer attrition as a result. With 1,367 confirmed data breaches in 2013, organized fraud rings innovating constantly, and consumers losing confidence... read more

ATM – The rise of ATMs

24 Jun 14 @ 10:40

A report from Retail Banking Research (RBR) details how rising numbers of ATMs worldwide are having a direct impact on demand for cash. RBR found that the installed base of... read more

TSYS CEO Phil Tomlinson retires

24 Jun 14 @ 10:27

TSYS CEO Phil Tomlinson has announced that he has decided to retire as chief executive officer, and that Troy Woods has been elected by the TSYS board of directors as president... read more

Technology main threat to European banks

23 Jun 14 @ 16:14

Consultancy Deloitte have released a new report in which they state that European retail banks need to radically overhaul their technology infrastructure if they are to face off the competitive... read more

MasterCard enable card payments in Vietnam

23 Jun 14 @ 10:40

MasterCard and Sacombank have announced a partnership to equip small merchants at the iconic Ben Thanh market in Vietnam with mobile Point of Sale (mPOS) terminals, enabling consumers to make card payments for... 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