30 May 18 @ 16:40

The US Justice Department is reported to have opened a criminal probe into whether traders are manipulating the price of Bitcoin and other cryptocurrencies, dramatically ratcheting up US scrutiny of... read more

30 May 18 @ 15:59

Chinese banks posted robust growth in mobile payments in Q1 2018, according to the People’s Bank of China (PBOC). Banking institutions handled 70.8 trillion yuan (11.1 trillion US dollars) in... read more

30 May 18 @ 13:35

The Internet Security Threat Report notes that from the sudden spread of WannaCry and Petya/NotPetya, to the swift growth in coinminers, 2017 provided us with another reminder that digital security... read more

25 May 18 @ 13:57

Fraud and fighting fraudsters is a complex and ever-evolving challenge. As consumers change the way they pay, fraudsters change the way they steal. For banks to keep up, these new... read more

25 May 18 @ 13:22

Google has deepened its relationship with PayPal, making it easier to make mobile payments on premium apps and services (like the new YouTube Music, for example). It’s been possible to... read more

25 May 18 @ 12:47

SIA and First Data have signed an agreement for SIA to acquire First Data’s card processing businesses in parts of Central and Southeastern Europe for €375 million. In 2017, these... read more

24 May 18 @ 17:31

The term on-demand refers to the way in which a good or service is sold as opposed to what is sold. The primary characteristic of on-demand is that the customer... read more

24 May 18 @ 12:45

Chargebacks were a $31 billion problem in 2017 — a burden that extends far beyond the liability for disputed transactions. Complying with complex and arcane rules that vary across networks... read more

24 May 18 @ 11:50

The US banking industry has largely sat out the M&A wave of recent years. While deal records have fallen in almost every other sector, big banks have done almost nothing,... read more

23 May 18 @ 20:02

Today, there are more objects enabled with Internet access than ever before – from smartwatches and kitchen appliances to vehicles. Intelligent devices can, in principle, do all sorts of things... read more

23 May 18 @ 16:46

On 13 March 2018, the regulatory technical standard (RTS) on strong customer authentication (SCA) was finally published in the Official Journal of the European Union – some twenty months after... read more

21 May 18 @ 20:58

The financial sector, while forging ahead in other areas of digital transformation, has been relatively slow to adopt the cloud and there has been good reason for it: banks have... read more

21 May 18 @ 16:46

A few  years ago, most banks and ATM network operators were breathing a sigh of relief as they completed their final ATM migration upgrade to Windows 7. Although ATM migration... read more

21 May 18 @ 12:11

Walmart is reported to have shelved its Mobile Express Scan & Go service. In a note attached to a blog post about Scan & Go, the company said it discontinued... read more

18 May 18 @ 09:43

ThreatMetrix has announced new data revealing a 30% year-on-year increase in the volume of cyberattacks hitting Europe in the first quarter of 2018. The ThreatMetrix Q1 2018 Cybercrime Report: Europe Deep-Dive reveals evolving... read more

18 May 18 @ 08:49

PayPal is reported to be acquiring mPOS specialist iZettle for $2.2bn. PayPal is paying double the amount that iZettle, which is focused on Europe and Latin America, was targeting in its IPO,... read more

17 May 18 @ 11:10

The Swift network, whose financial messaging system facilitates cross-border payments, has been caught in the middle of the US and EU showdown over how to handle one of the linchpins... read more

16 May 18 @ 13:30

With recent questions over cyber security, cyber crimes and the security of online personal data, many people are becoming wary of how their online presence can endanger their finances, and... read more

16 May 18 @ 13:15

BNP Paribas has announced it is set to compete against other money transfer services such as PayPal, Venmo, and Lydia by deploying its new mobile P2P payment service, Paylib.  Other members of the Paylib consortium,... read more

16 May 18 @ 11:58

Facebook is exploring the creation of its own cryptocurrency, Facecoin, a virtual token that would allow its billions of users around the world to make electronic payments, people familiar with... read more