28 Apr 17 @ 15:56
Since 2010, SecurityMetrics PANscan discovered over 1.5 billion unencrypted primary account numbers (PAN) on business networks. Storage of unencrypted payment card data increases your organization’s risk and liability in the... read more
28 Apr 17 @ 13:38
ATMIA has hit back at the cashless society movement and published a new study on the role cash plays in financial inclusion. Entitled, “Access to Cash: the First Step toward... read more
27 Apr 17 @ 10:21
A Danish banking collective, named Bokis, has become the first to offer a mobile payments product using the highly popular national debit card, Dankort. Bokis consists of 62 banks from the small... read more
27 Apr 17 @ 09:44
Connectivity is changing the world and the way we interact with one another. Last year, figures showed that the global population owned around 6 billion connected devices, approaching one for... read more
26 Apr 17 @ 16:34
Money has taken on many forms over millennia; our relationship with currency often alters along with it. Lately, a key theme has been technological change to a cashless society: notes... read more
26 Apr 17 @ 12:01
Australian merchants have reported that cash receivables plummeted by 46% between 2010 and 2016, new research from market analysts East & Partners has found. Should this trend continue, cash payments... read more
26 Apr 17 @ 11:53
Entrust Datacard announced that it has joined the PCI Security Standards Council as a new Participating Organization to work on payment data security worldwide. Entrust Datacard will work with the Council to... read more
25 Apr 17 @ 14:23
Six of the major Dutch banks – ABN Amro, ASN Bank, ING, Rabobank, Regiobank and SNS – say they will launch Payconiq, a mobile payments app this summer. The app,... read more
24 Apr 17 @ 14:09
A new UN study reveals that social network payments through Alipay and WeChat Pay enabled $2.9 trillion in Chinese digital payments in 2016, representing a 20-fold increase in the past four... read more
21 Apr 17 @ 16:10
Visa Inc. acquired Visa Europe, spent a lot, and says it has no regrests. Revenue climbed more than analysts expected in the fiscal Q2 and is expected to increase to the upper end of... read more
21 Apr 17 @ 13:45
This year marks 50 years since the introduction of the first ATM, which was put into use by Barclays in its Enfield branch in north London on 27th June 1967.... read more
20 Apr 17 @ 15:49
Mastercard has unveiled its next generation biometric card, combining chip technology with fingerprints to conveniently and safely identify cardholders for in-store purchases. South Africa is the first market to test the evolved... read more
19 Apr 17 @ 15:52
In December 2016, KrebsOnSecurity broke the news that fraud teams at a number of banks were seeing a pattern suggesting a widespread, malware based, payment card breach across some 5,000 hotels worldwide owned... read more
19 Apr 17 @ 13:38
According to a new report, the FinTech (financial technology) sector is rising globally, and has already arrived in the Middle East and North Africa (MENA). In fact, the number of... read more
19 Apr 17 @ 11:39
Samsung has announced the launch of the Contactless Companion Platform (CCP) together with its ecosystem partners, Smartlink and Ingenico, built with its dual interface smart card chip for Digital Cash... read more
18 Apr 17 @ 13:48
Android Pay has linked its mobile wallet service to a handful of mobile banking apps, giving consumers the ability add their cards more quickly to the mobile wallet. Customers of Bank of... read more
18 Apr 17 @ 10:53
Following four consecutive quarters of more than 5 billion electronic payments in each quarter – a first for the ACH Network – overall volume in 2016 amounted to 25.6 billion... read more
13 Apr 17 @ 10:35
Mobile banking not only makes our life easier, it gives access to banking services to those that have none. A new series of standards just published will provide the platform... read more
12 Apr 17 @ 12:50
Hong Kong’s central bank, the Hong Kong Monetary Authority is reported to be developing a prototype digital currency. The disclosure came in a Hong Kong legislative document published by the Legislative Council Panel... read more
12 Apr 17 @ 12:22
The future of payments won’t be about payments, it’ll be about data. Specifically the contextual data that travels with payment, rather than the payment message itself. Payment will cease to... 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