29 May 20 @ 09:20

As the COVID-19 pandemic continues to hit hard across the world, consumers are putting a high price on health factors when interacting with organisations. To reduce the risk of infection,... read more

29 May 20 @ 08:36

In a new piece of research from Jeffries on the European payments landscape, they take an in-depth look at the shape of a recovery in the Euro card present market... read more

27 May 20 @ 15:38

Visa says it will continue its support for Pay.UK after facilitating the first Request to Pay message sent and received using Pay.UK’s standards. Request to Pay is a messaging service... read more

27 May 20 @ 10:47

A new study has analysed Europe’s leading cashless economies. The study highlights the countries where citizens are most likely to go completely cashless and who uses contactless payments the most.... read more

26 May 20 @ 13:43

Payment cards and other cashless payment methods may well be reducing the demand for ATMs and cash, but many countries and sectors remain heavily cash dependent. This is according to... read more

26 May 20 @ 10:50

Visa says that 28 new partners will be joining Visa Token Service as credential-on-file (COF) token requestors. These new partners will help make digital transactions more secure by tokenizing both one-time... read more

21 May 20 @ 16:09

Increasing financial inclusion efforts, the rapid uptake of contactless and mobile payments, and the introduction of new payment systems are contributing to growth in cashless payments worldwide. A new study... read more

21 May 20 @ 12:58

Banque de France, the French central bank, has completed what it is calling the first successful test of a digital euro, as part of its ongoing experiments with central bank... read more

20 May 20 @ 10:55

The 2020 Identity Fraud Report reveals financial institutions’ methods to identify and respond to fraud are no match for criminals’ high-tech schemes to hijack consumer accounts. Fraud losses grew 15%... read more

20 May 20 @ 07:58

Facebook has unveiled a service that puts it in direct competition with Amazon and eBay pushing its 2.6 billion users onto its platform, Facebook Shops, which allow sellers to create... read more

19 May 20 @ 18:58

PayPal has rolled out the ability to use a QR code to buy and sell goods in 28 markets around the globe. From farmers markets to selling secondhand goods –... read more

19 May 20 @ 14:25

EasyJet has revealed that the personal information of 9 million customers was accessed in what the low-cost airline is describing as a “highly sophisticated” cyber-attack. The company announced that email... read more

19 May 20 @ 08:11

First Data Merchant Services and a former executive have been forced to pay more than $40 million to settle a claim by the Federal Trade Commission that the company processed... read more

18 May 20 @ 15:30

Visa has been reported to have filed an application to create digital currency on Ethereum blockchain with the United States Patent and Trademark Office. According to the application published May 14 —... read more

18 May 20 @ 10:39

EuroCommerce Director-General Christian Verschueren has pressed the European Commission to act on the growing problems facing retailers and wholesalers resulting from the limited scope of the Interchange Fee Regulation (IFR).... read more

18 May 20 @ 07:00

New ID verification (IDV) solutions are emerging that revolve around mobile phone ownership and possession together, thereby detecting both stolen numbers and fraudulent numbers when performing a phone number check.... read more

14 May 20 @ 12:04

Diebold Nixdorf has succumbed to a ProLock ransomware attack that is reported to have disrupted some operations. First reported by Krebsonsecurity, the ransomware attack struck the company April 25 and... read more

14 May 20 @ 10:54

Mastercard is facing a claim of up to £14 billion in a landmark UK collective action case over interchange fee charges that were passed on to shoppers. This week, a... read more

14 May 20 @ 10:11

Mastercard has updated its operating metrics with an additional two weeks of information, in which it is monitoring the impact of the COVID-19 pandemic and related actions being taken by... read more

13 May 20 @ 15:37

The sudden boom in e-commerce caused by government mandated social distancing and in-store business closures is already generating a sharp increase in fraud and chargebacks. “In the past few weeks,... read more