26 Sep 13 @ 13:20

Thousands of unbanked households risk being made homeless unless they are allowed to choose how they receive their benefits under Universal Credit, the social benefit disbursement scheme recently introduced in... read more

26 Sep 13 @ 13:20

Kalixa Group, DeviceFidelity and MasterCard have announced the UK launch of the moneto prepaid wallet. The wallet enables NFC functionality on an iPhone, allowing users to tap and pay for... read more

26 Sep 13 @ 10:18

It’s only over the last few years that consumers worldwide have become familiar with using contactless technology and mobile phones to make payments – but could these methods find themselves... read more

26 Sep 13 @ 10:05

The recent launch of Apple’s iPhone 5C and 5S models has disappointed NFC enthusiasts once again as the tech giant appears stubbornly unconvinced by the merits of the technology. However,... read more

01 Aug 13 @ 20:38

Prepaid Financial Services (PFS), a global provider of prepaid solutions and a MasterCard prepaid partner, has announced the launch of its new “Pocket to Pocket” mobile app for the Apple... read more

01 Aug 13 @ 20:37

E-commerce in the UK was worth around £78 billion in 2012 and is set to rise even further, but retailers are still faced with a number of hurdles, including payment processing... read more

01 Aug 13 @ 20:32

Synqera is teaming up with Russian retail chain Ulybka Radugi in order to deploy Synqera’s hardware-software solution within Ulybka’s 280 locations throughout Russia. The mPOS devices, backed up with the... read more

28 Jul 13 @ 06:01

The Retail Fraud Survey 2013/14, published by retail consultancy Retail Knowledge, has found that fraudsters do not distinguish between in-store and online in today’s retail environment and nor should loss... read more

03 Oct 18 @ 13:53

Cifas, the UK fraud prevention service, has released new figures showing that identity fraud has fallen for the first time since 2014. Cifas members recorded 84,463 cases in the first... read more

03 Oct 18 @ 13:50

A new study has found that mobile biometrics will authenticate $2 trillion worth of in-store and remote mobile payment transactions annually by 2023. This is 17 times the $124 billion... read more

03 Oct 18 @ 13:48

Alternative payments methods such as mobile and digital wallets are steadily displacing traditional payment methods such as cards, bank transfers and cash or cheques in the Asia-Pacific (APAC) e-commerce market. ... read more

03 Oct 18 @ 13:47

It has been an interesting few weeks in the P2P payments market. It all began when Snapchat  announced that it will cease Snapcash, its mobile P2P payments app for Snapchat,... read more

03 Oct 18 @ 13:43

Although the USA remains the world’s largest single payments market and the world’s largest economy, it is a complex market which has proven slower to move to new technologies such... read more

03 Oct 18 @ 13:40

During a lecture given in Germany in February 2018, Agustin Carstens, general manager of the Bank of International Settlements (BIS), described Bitcoin as “a combination of a bubble, a Ponzi... read more

03 Oct 18 @ 13:32

In recent years, interchange rates have come under increasing pressure from a variety of judicial reviews by the US Federal Reserve, the European Union and individual countries such as Canada,... read more

03 Oct 18 @ 13:30

In 2018, banks and retailers are dealing with a new breed of customer: one that expects a fast, seamless online payment experience. When it comes to e-commerce, however, user experience... read more

03 Oct 18 @ 13:29

Mobile banking trojans hit the list of cyber-headaches in Q2 2018. The number of installation packages for mobile banking – modifications which help attackers avoid detection by security solutions and... read more

03 Oct 18 @ 12:54

Markets across Europe have made significant gains in the fight against card fraud, specifically in France and the UK, which achieved six percent and eight percent reductions. Despite this, losses... read more

03 Oct 18 @ 12:53

Online retailers are continuing to lose out on sales by failing to address customers’ preferred alternative payment methods. According to new research, 67 percent of UK consumers have abandoned an... read more

03 Oct 18 @ 12:52

In June 2018, Indian police in Mumbai, the country’s financial capital, broke the back of a card fraud and cloning racket that involved waiters at bars and restaurants across the... read more