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ECB urges banks to leave Russia as assets are seized

20 May 24 @ 14:10

The European Central Bank (ECB) is urging European banks with operations in Russia to withdraw as quickly as they can for two reasons: 1) they could be hit by US... read more

The essential games to live casino sections

20 May 24 @ 08:52

The purpose of online casino websites is player entertainment. They’ll have nice offers and tournaments, but players are there for the games. Table games and slots will entertain the majority of players, but live... read more

PCM exclusive: acquiring transactions from Asia

17 May 24 @ 16:25

The global economy is rebalancing towards Asia. As this happens, acquirers and merchants in Europe and North America would be wise to think about how Asian consumers want to pay... read more

AI will make chargeback fraud easier

17 May 24 @ 16:06

The current interest in generative artificial intelligence (AI) has caused some to conclude that we may see a new wave of AI-enabled fraud. However, the payments industry shouldn’t overestimate the... read more

Iberpay and Santander sign up to OCT Inst Scheme

17 May 24 @ 15:55

Amidst the not so friendly rumblings within the Spanish banking sector, Iberpay and Santander have signed up to become the inaugural participants in the One-Leg Out (OLO) Instant Credit Transfer... read more

U.S. Faster Payments Council on Instant Recurring Payments

16 May 24 @ 16:59

The U.S. Faster Payments Council (FPC) has published a report titled, Navigating Instant Recurring Payments: Consumer, Business, and Financial Institution Perspectives. This comprehensive needs assessment offers strategic insights into the... read more

Cost of living crisis drives 118% increase in prepaid card use

16 May 24 @ 16:20

Despite Britain announcing last week that it is officially out of recession, consumers continue to be wary and are increasingly turning to prepaid cards and adjusting their spending habits to... read more

A2A payments: thriving through government support

16 May 24 @ 13:24

New data from The Global Payments Report 2024 from Worldpay shows Account-to-Account (A2A) payments thriving in emerging markets – as well as some developed markets. Around the world, A2A payments are... read more

Tokenization opens new frontiers for value creation

15 May 24 @ 16:57

Payment providers are considering tokenization and blockchain-based decentralized finance systems to enhance transaction transparency, auditability and exploring various other use cases. Financial institutions and intermediaries are increasingly embracing the adoption... read more

Developing blockchain-based systems for cross-border payments

15 May 24 @ 16:33

With the world now accustomed to completing business transactions in three seconds or less, there is an opportunity for bankers to consider central bank digital currencies as a platform for... read more

2024 Data Breach Investigations Report

14 May 24 @ 17:13

Verizon Business has released the findings of its 17th-annual Data Breach Investigations Report (DBIR), which analysed a record-high 30,458 security incidents and 10,626 confirmed breaches in 2023—a two-fold increase over... read more

ECB conducts first DLT trials with 16 companies

14 May 24 @ 17:00

Yesterday, the Eurosystem successfully completed the first experiment in using new DLT technologies for the settlement of wholesale transactions in central bank money. Initially, 16 private companies have been onboarded and... read more

Embedded Finance trends in Europe

13 May 24 @ 16:54

In a recent study conducted by Forrester on behalf of Fabrick titled, “Embrace Embedded Finance for Seamless Payment Success: A Spotlight on Europe,” valuable insights were obtained regarding the state... read more

Soaring scam and fraud sophistication remains top challenge

13 May 24 @ 16:31

Just over three-quarters (76%) of banks surveyed believe fraud cases and scams have become more sophisticated, according to the new Mitek Systems Identity Intelligence Index 2024 conducted in January 2024.... read more

Instant payments offer a potential efficiency boost

13 May 24 @ 16:08

Real-time or Instant Payments networks operate 24/7 and provide numerous advantages, across flexibility, enhanced security, cost reduction and instantaneity. They also enable almost immediate money transfers between accounts, enhancing transaction... read more

Lets talk the future of embedded payments

10 May 24 @ 15:43

Fans of embedded payments say they’re the future: financial services working in the background, or “embedded” in other commercial functions. For some time, developments in technology have been making payments... read more

Experian empowers financial inclusion through Open Banking

10 May 24 @ 13:03

Experian announced the launch of Cashflow Attributes, a solution to help expand fair and affordable access to credit, particularly for thin-file and credit invisible consumers. With over 900 income, cashflow... read more

Global mobile banking malware grows 32% in 2023

10 May 24 @ 12:51

Kaspersky has released its annual Financial Threats Report for 2023, offering a detailed analysis of the evolving financial cyberthreat landscape. The report reveals significant increases in mobile banking malware and... 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

American Express launches agentic commerce developer kit

16 Apr 26 @ 11:46

American Express is positioning itself early for what could become one of the next major shifts in digital payments: AI agents that do more than recommend produ... 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