24 Mar 17 @ 10:45

A recent First Annapolis Consulting survey showed that leading US debit issuers continued to experience strong portfolio performance in 2016, with year-over-year transaction growth in the high single-digits. Issuers averaged... read more

24 Mar 17 @ 10:33

On 23 February, the European Banking Authority (EBA) announced its intention to outlaw screen scraping in one of their Regulatory Technical Standards (RTS) complementing the revised Payment Services Directive (PSD2),... read more

22 Mar 17 @ 17:14

The UK is set to roll-out an image-based cheque clearing system from 30 October 2017. The Cheque and Credit Clearing Company have announced that waiting for five to six working days... read more

22 Mar 17 @ 09:19

Cyber security, in particular mobile data security is a big issue. Recent Wikileaks claims of the C.I.A. hacking smartphones have once again brought the issue of mobile security to the forefront. In... read more

22 Mar 17 @ 08:52

The FCA is investigating the role of British banks in the alleged processing of hundreds of millions of pounds for a Russian money laundering scheme dubbed “the Laundromat” the growing scrutiny... read more

21 Mar 17 @ 13:14

Global flows have been a common thread in economic growth for centuries, since the days of the Silk Road, through the mercantilist and colonial periods and the Industrial Revolution. But... read more

20 Mar 17 @ 16:58

Despite increased competition, M-Pesa is maintaining a large lead the Kenyan market, according to official statistics.Over KES1 trillion ($10 billion) of mobile money deposits and withdrawals took place in Kenya... read more

20 Mar 17 @ 14:43

Trend Micro has warned of a new POS malware dubbed MagikPOS, that is being used to attack POS systems belonging to businesses in the US and Canada. The MagikPOS malware... read more

17 Mar 17 @ 12:35

There are a lot of moving parts in the US payments landscape with the ongoing EMV migration to chip technology, growth in mobile payments and contactless payments, and the increasing... read more

17 Mar 17 @ 09:50

UK Competition and Market Authority (CMA) has ruled that the Diebold Nixdorf merger needs a ‘structural remedy’. In order to force the acquisition through, Diebold Nixdorf has agreed to sell its legacy business... read more

15 Mar 17 @ 14:33

Latest data show that more than 41 million merchants and over 2 million ATMs across 160 countries and regions accept UnionPay cards. Over 10 million online merchants based outside mainland... read more

15 Mar 17 @ 11:05

In less than a year the revised Payment Services Directive (PSD2) will be implemented in European Union (EU) Member States, and the acronym ‘API’ is on the minds of Payment... read more

14 Mar 17 @ 11:50

Payments cards and card payment at the point of sale and online showed solid growth rates in most European countries in 2015. This was supported by the roll-out of new... read more

14 Mar 17 @ 11:31

The ability to offer instant payments has become a necessity for banks around the world as they keep up with customer expectations and set themselves up strategically for the future.... read more

13 Mar 17 @ 13:32

People don’t use their mobile phones to make telephone calls nearly as much as they used to. They are using them to surf the internet, send instant messages, even wake... read more

10 Mar 17 @ 11:33

A new Roland Berger study, entitled Mobile Money for the unbanked – Avoiding common industry pitfalls, highlights the challenges of creating a Mobile Money operating arm, cautions operators that success... read more

10 Mar 17 @ 09:25

CAST, a software risk prevention and analysis outfit, has revealed the findings of its latest CRASH report, the world’s largest real-life study of software quality in enterprise applications. The report exposes that... read more

09 Mar 17 @ 15:06

The Payment Systems Regulator (PSR) was established to promote effective competition and innovation in payment systems. Ensuring open access to participants and potential participants is a key component of this.... read more

08 Mar 17 @ 15:52

If the world seemed dangerous from a financial crime perspective last year, analytics firm FICO predict an even more challenging 2017. In a new paper, four of the leaders in... read more

08 Mar 17 @ 09:31

Verifone is reportedly investigating a breach of its internal computer networks that appears to have impacted a number of companies running its POS solutions, according to sources. Verifone says the extent of the... read more