09 Sep 19 @ 08:28
As was recently reported from the China Finance 40 Group, a senior official at China’s central bank announced that the country will soon roll out its central bank digital currency (CBDC.)... read more
05 Sep 19 @ 13:58
With Strong Customer Authentication (SCA) coming into force on 14 September 2019 as the final part of PSD2, many online businesses are required to add additional security measures to large... read more
04 Sep 19 @ 07:45
As PCM has reported recently, 40% of European banks will not be compliant with the PSD2 regulatory technical standard (RTS) on Strong Customer Authentication (SCA) by the 14th September deadline.... read more
03 Sep 19 @ 11:10
Seven independent mobile payment systems in Europe have come together to form the European Mobile Payment Systems Association (EMPSA). The EMPSA will hold its headquarters in Zurich, Switzerland, the association... read more
30 Aug 19 @ 13:41
National Competent Authorities (NCAs) – the national bodies responsible for overseeing PSD2 in EU member states should be flexible around the implementation deadline for PSD2 in a bid to avoid an Open... read more
29 Aug 19 @ 15:54
By 2023, the global biometrics market is predicted to grow by more than 15%, to over $24 billion. Yet, despite many of today’s most commonly-adopted biometric technologies stemming from the... read more
29 Aug 19 @ 12:32
The coming of 5G will translate into an additional $12 billion in mobile commerce revenue for retailers in three years, according to Adobe projections. That assumes a smooth, scheduled rollout... read more
23 Aug 19 @ 12:43
Consumers prefer to use cash for purchases of less than $10, despite other more convenient options, according to a new CreditCards.com survey. In fact, 49% of US adults usually pay... read more
22 Aug 19 @ 08:31
JP Morgan Chase has announced it will follow suit of many other notable others and shut down its mobile wallet app Chase Pay in the bank’s third reversal on digital... read more
21 Aug 19 @ 15:53
Cybercrime grows in the anonymised depths of the dark web – underground websites where the criminally minded can meet to traffic illegal products and services, develop contacts for jobs and... read more
21 Aug 19 @ 12:27
Libra Coin, Facebook’s cryptocurrency project is reported to be being investigated by European Union antitrust regulators. The European Commission said it is “currently investigating potential anti-competitive behaviour,” related to the... read more
20 Aug 19 @ 15:18
Japanese mobile payments are finally taking off as the number of consumers in Japan, who own a mobile wallet, has grown by almost 20% this year. GlobalData’s 2019 Consumer Payments... read more
20 Aug 19 @ 11:44
Three FinTech mega-deals totalling $87 billion set the scene for a record-breaking $120 billion in disclosed transaction value for the sector in a ‘white-hot’ first half of 2019, reveals the... read more
16 Aug 19 @ 09:55
The bad guys are winning. This is the sentiment of many financial institution (FI) and merchant fraud mitigation executives, who are finding it increasingly difficult to keep pace with the... read more
15 Aug 19 @ 13:09
According to a new report, global investments in FinTech has fallen by 29% in H1 2019 as deal activity in China in particular fell sharply amid an escalating trade war... read more
13 Aug 19 @ 16:08
Figures recently released by the Australian Payments Network (AusPayNet), the payments industry self-regulatory body, show the rate of card fraud for the 12 months to 31 December was 72.8 cents... read more
13 Aug 19 @ 11:47
There’s no such thing as one size fits all when it comes to the intelligence needed to uncover, specify, and prevent cyberthreats. Each industry faces unique challenges and vulnerabilities as... read more
09 Aug 19 @ 12:18
Year-over-year consumer spending growth, via electronic payments like debit cards, credit cards and mobile payments, remained strong at five and a half percent during Q1 2019, according to the new... read more
08 Aug 19 @ 15:40
Mobile fraud from mobile devices has rapidly evolved over the past several years. From this small, handheld device, your customers can request a ride, book a babysitter, conduct a video... read more
07 Aug 19 @ 11:49
After intense lobbying from cross industry parties throughout Europe, the UK’s Financial Conduct Authority has agreed to delay EU mandated SCA payments regulations by more than 18 months, after warnings... read more
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
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
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