23 May 16 @ 12:33
The last decade has seen most of us decisively change both our online behaviour and our consumption of digital services. When, for example, did you last open a laptop to... read more
23 May 16 @ 11:32
SWIFT has announced the availability of a new paper investigating how Distributed Ledger Technologies (DLTs) could be used in financial services. Published in collaboration with Accenture, the paper is based on... read more
20 May 16 @ 13:39
Worldpay is threatening to make the manual cash register obsolete with a new payment device. The payment processor claims that its all-in-one tablet-based till will completely change how small business... read more
20 May 16 @ 13:32
The PCI security standards council (PCI SSC) has published an update to its global data security standard. PCI DSS Version 3.2 replaces version 3.1 to address growing threats to customer... read more
20 May 16 @ 13:13
The World Wide Web Consortium (W3C) has published draft specifications aimed at streamlining the online checkout process and making internet payments easier and more secure. W3C is an international consortium... read more
20 May 16 @ 13:09
One year since launch, Amazon has expanded its Dash Button automated IoT ordering service to more than 100 brands. These include various beverage, grocery, baby, pet and household supplies brands,... read more
19 May 16 @ 11:24
Consumer-facing technology brands have done much to reset customer expectations around speed, but also convenience, value and choice. Consumers can send and receive e-mail across the globe almost instantly. They... read more
19 May 16 @ 10:53
Advancements in digital technology continued to shape the payments industry in 2015 as mobile, online and other digital forms of digital payments moved into the mainstream. From mass transit to... read more
18 May 16 @ 14:13
Amid a PR feeding frenzy, you may have noticed that Android Pay launched in the UK. Millions more people will be able to pay through their smartphones in the latest... read more
18 May 16 @ 14:02
A Russian-speaking Skimer group forces ATMs to assist them in stealing users money. Discovered in 2009, Skimer was the first malicious program to target ATMs. Seven years later, cyber criminals... read more
18 May 16 @ 12:47
The fraudsters’ calculation is simple: where there’s a great deal of revenue to be earned, there’s a great deal of fraud to be committed. And where there’s even more revenue... read more
18 May 16 @ 12:33
By 2020, more than 50% of all UK retail sales could be ecommerce and contactless, growing by more than 2.5 times from 18% currently. At least 30% of these will... read more
17 May 16 @ 13:15
The European Central Bank will set up a database to register incidents of cyber attack and cyber crime at commercial banks, aiming to create an early warning and analysis system... read more
17 May 16 @ 13:11
VocaLink, the British operator of the Faster Payments service, has announced a five-year deal with UnionPay International to enable UnionPay cardholders to access ATMs across Europe and the UK. Under... read more
17 May 16 @ 13:01
Sen. Dick Durbin has blasted the card network-dominated group that sets the standards for EMV cards, accusing it of mishandling the rollout of more secure credit and debit cards, lacking transparency and... read more
16 May 16 @ 15:22
A Swift cyber-attack, similar to one that saw $81m (£56m) stolen from Bangladesh’s central bank, has reportedly hit a second bank. The warning about the second attack came from Swift,... read more
16 May 16 @ 14:52
The initial findings of a European Commission e-commerce sector inquiry found that geo-blocking is widespread throughout the EU. Online retailers of consumer goods, such as clothes, shoes and consumer electronics,... read more
16 May 16 @ 14:48
Credit cards dominated the payment cards market in Hong Kong in terms of both volume and value during the period 2010-2014. This trend is set to continue. According to a... read more
12 May 16 @ 14:32
The US Federal Trade Commission (FTC) is flexing its muscles regarding data security. In early March 2016 the agency issued orders to nine companies that conduct payment card industry data... read more
12 May 16 @ 14:25
Global general purpose cards generated 227.08 billion purchase transactions at merchant locations in 2015, an increase of 16.1% on 2014 figures, according to the Nilson Report. Purchase transactions included consumer... 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