31 May 24 @ 13:41

Nearly 70% of the 600 fraud-management, anti-money laundering, and risk and compliance officials surveyed in a new report, AI-focused fraud and financial crime, say criminals are more adept at using... read more

31 May 24 @ 13:34

Weeks after reaching a landmark $30 billion settlement on interchange fees designed to provide relief to retail businesses, Mastercard appears to be planning to increase certain credit card fees beginning... read more

30 May 24 @ 16:18

The US House of Representatives has voted to prevent the Federal Reserve from issuing a CBDC (central bank digital currency). The CBDC Anti-Surveillance State Act, introduced by Majority Whip Tom... read more

23 May 24 @ 16:21

As fraudsters seek new ways to exploit technology, Mastercard is using Gen AI to double the speed at which it can detect potentially compromised cards, further protecting cardholders and securing... read more

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

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

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

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

08 May 24 @ 10:17

The financial services landscape is experiencing considerable political and macroeconomic turbulence, compelling clients to embrace new innovations and advancements to adapt to the evolving market. Organizations are also having to... read more

02 May 24 @ 10:16

Current approaches have kept fraud at bay: but serious new threats in the digital channel plus digital growing as a proportion of the economy means we need a rethink. James... read more

02 May 24 @ 10:02

A moment of drama, such as sometimes happens in payments, came during the recent MPE conference in Berlin. A UK retailer responded to Visa’s claim that payment networks add far... read more

02 May 24 @ 09:40

While only 7 percent of large European companies offer embedded banking services today, 48 percent have specific plans to launch them in the next three years.  89 percent of those... read more

02 May 24 @ 09:14

J.P. Morgan Payments is set to become a principal member of France’s leading payments network, Cartes Bancaires (CB), with the intention to offer European merchant clients access to the payments... read more

01 May 24 @ 16:16

Nearly 70% of the 600 fraud-management, anti-money laundering, and risk and compliance officials surveyed in a new report, AI-focused fraud and financial crime, say criminals are more adept at using artificial... read more

30 Apr 24 @ 18:23

Here at Payments Cards & Mobile Towers, news reaches us on a weekly basis of the AI-led solutions banks and service companies are creating to fight fraud. To deliver ever-greater... read more

25 Apr 24 @ 10:04

Kearney has released the sixteenth edition of its annual European Retail Banking Radar, which tracks the performance of close to 90 retail banks across 21 European markets. The study found... read more

19 Apr 24 @ 12:17

According to research published in Payments Cards & Mobile[1], more than one in four (26%) of all transactions in major European markets fail because of customer friction caused by complex... read more

15 Apr 24 @ 12:30

Adyen has published new research revealing the billions the global retail sector lost to payments fraud and fraudulent activity. Working alongside the Centre for Economic Business and Research (Cebr), Adyen... read more

11 Apr 24 @ 15:55

Just weeks after reaching a landmark $30 billion settlement on interchange fees designed to provide relief to retail businesses, Mastercard appears to be planning to increase certain credit card fees... read more

28 Mar 24 @ 14:39

Visa has announced the addition of three new AI-powered risk and fraud prevention solutions. The new products, part of the end-to-end Visa Protect suite, are designed to reduce fraud across... read more