12 Jul 16 @ 15:30
Card fraud rates are on the rise in many parts of the world despite the widespread adoption of fraud analytics solutions by financial institutions and retailers, along with EMV in... read more
12 Jul 16 @ 13:58
Over the past month we have observed a number of important mobile wallet developments. Announcements from Wells Fargo, Visa and Apple have highlighted the growing competition among FIs, merchants and... read more
12 Jul 16 @ 10:24
The Financial Conduct Authority is reportedly probing the £2.7bn P2P lending sector for the second time in two years, following widespread calls for tougher regulation of so-called “alternative finance” providers. On Friday,... read more
11 Jul 16 @ 13:28
Ransomware and malicious insiders are on the rise and upper management is showing greater interest in information security – according to a new threat intelligence report from IBM X-Force. Ransomware... read more
08 Jul 16 @ 12:34
Sberbank, the Russian bank, has founded a new subsidiary – SB-Telecom – which will act as an MVNO, reports Vedomosti. The new company will provide telecommunications services for companies within the Sberbank... read more
07 Jul 16 @ 13:55
If you don’t already bank, shop or make mobile payments using your mobile device, there’s a good chance that you’ll start within the coming year. At least, that’s what the... read more
07 Jul 16 @ 13:05
Law enforcement agencies and businesses are losing the cybercrime “arms race” with online criminals, the UK’s National Crime Agency has warned. The technical capabilities of criminal gangs are outpacing the... read more
06 Jul 16 @ 16:08
In an interesting report, Cifas has released new figures showing a 52% rise in young identity fraud victims in the UK. In 2015, just under 24,000 (23,959) people aged 30... read more
06 Jul 16 @ 12:00
UK consumers are preparing a £19 billion ($24.7 billion) class action lawsuit against MasterCard, almost two years after a European Union court ruled the interchange fees the company had charged for cross-border... read more
05 Jul 16 @ 14:34
According to Euromonitor’s data, Asia Pacific continues to top the digital commerce in 2014 – 2015, with mobile retailing sales reaching $200 billion, an increase of 113%. In 2015, the... read more
05 Jul 16 @ 10:57
British voters’ decision to Brexit and leave the European Union on June 23 shocked markets around the world. It might also have significant implications on the development of the payments... read more
05 Jul 16 @ 09:41
UAE banks have agreed to move forward with a mobile wallet project which will all devices to accept mWallets payments. The Mobile Wallet Project is expected to see AED50 billion... read more
01 Jul 16 @ 16:54
Card fraud is a multibillion-dollar moving target that continues to become ever more complicated for issuers due to the introduction of new channels and products. In fact, over the last... read more
01 Jul 16 @ 16:37
A federal appeals court on Thursday threw out a $7.25 billion antitrust settlement among Visa,MasterCard and millions of retailers over credit card fees. The 2nd US Circuit Court of Appeals... read more
30 Jun 16 @ 12:00
There are now more than 100 million debit cards in circulation in the UK for the first time.The milestone was passed in April, the latest figures from The UK Cards... read more
30 Jun 16 @ 10:09
Nets has been selected by Danish banking collective, the BOKIS partnership, to launch a new NFC mobile wallet solution powered by its HCE and tokenisation platform. The BOKIS partnership includes... read more
29 Jun 16 @ 18:11
By connecting billions of familiar devices, the Internet of Things (IoT) promises to improve how we live, work, and play by turning our homes, cars, offices, and cities into smart,... read more
29 Jun 16 @ 10:03
New standards on how much businesses can surcharge their customers for credit and debit card purchases start in September. However, it’s not clear how the rules will be policed and whether... read more
28 Jun 16 @ 16:35
BlueSnap says that they have seen 115% growth in mobile checkout transactions since launching in Europe. As a PSP, BlueSnap offers e-commerce merchants a unique solution with a gateway, an instant... read more
28 Jun 16 @ 16:20
SWIFT says that 73 banks worldwide have now joined its global payments initiative, designed to improve the cross-border payments experience. Recent banks to join the initiative include, Alfa-Bank, Axis Bank, Banco... 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