03 Aug 16 @ 07:28

FRAUD MANAGEMENT IS a three-way balancing act between minimising fraud losses, minimising operational costs and maximising revenue. So, have businesses got the fraud management balance right? A survey of 200... read more

03 Aug 16 @ 07:28

CHARGEBACKS HAVE BEEN part of card scheme dispute resolution rules for decades and reflect consumer protection regulations in many countries. However they are also the ultimate un-virtuous circle where almost... read more

03 Aug 16 @ 07:28

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... read more

03 Aug 16 @ 07:23

THE DEAL IS done. Visa Europe has sold its European business to Visa Inc and has ceased to be a membership association. After amending the earn-out portion of the deal... read more

03 Aug 16 @ 07:21

The average cost of a data breach for companies is around $4 million, a 29 percent increase since 2013, according to a survey by the Ponemon Institute. Companies lose around... read more

03 Aug 16 @ 07:09

 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

03 Aug 16 @ 07:02

Following Britain’s momentous decision to leave the European Union, thoughts must inevitably turn to the potential impact on UK consumer payments. Chris Jones, director, PSE Consulting, provides some early thoughts... read more

02 Aug 16 @ 16:19

Identification and verification (ID&V) has always been at the heart of banking and payments, particularly in the digital age. After all, “on the internet, nobody knows you’re a dog” read... read more

02 Aug 16 @ 16:12

The move from apps to bots has been hailed as the new paradigm shift and the next big technological disruption. Messenger platforms and chat bots are being seen as the... read more

02 Aug 16 @ 15:58

Companies are faced with a two-fold problem: protecting their data from those who have access to it from the inside, and from those who exploit the human factor to access... read more

25 May 16 @ 09:55

Card payments in the Nordics are two-and-a-half to four times higher than the European average. Local person-to-person (P2P) mobile payment apps regularly top the app download charts. And at least... read more

25 May 16 @ 09:36

High-risk acquiring often means high rewards for acquirers and payment service providers. However, balancing risk with reward in the e-commerce channel can be fraught with hazards for the unwary. The... read more

25 May 16 @ 08:31

New Zealand’s central bank has chosen SIA, a European provider of technology infrastructures within the financial sector, to implement and support a new real-time gross settlement (RTGS) system. This will... read more

25 May 16 @ 08:31

Worldline and Gemalto have announced an agreement to speed up and simplify deployment of mobile payment wallets. Under the agreement Worldline will provide tokenisation via its token service provider platform,... read more

25 May 16 @ 08:30

TSYS COMPLETED ITS acquisition of merchant solutions provider TransFirst in early April. The businesses have been combined under the TSYS brand and now serve around 645,000 US merchant outlets with... read more

25 May 16 @ 08:30

SWEDISH START-UP KLARNA has partnered with digital payments hub Modo to expand its checkout solution for online merchants worldwide. Klarna’s core proposition is based around after-delivery payment. Shoppers buy online... read more

25 May 16 @ 08:30

ACI WORLDWIDE AND terminal vendor Verifone have teamed up to deliver a pan-European electronic payments platform for the Auchan Group, one of Europe’s largest food retailers. The ACI universal payments... read more

25 May 16 @ 08:27

PAYPAL’S P2P PAYMENT service Venmo is under investigation by the Federal Trade Commission. PayPal has acknowledged the situation in an SEC filing: “On March 28th, 2016, we received a Civil... read more

25 May 16 @ 08:27

RUSSIA IS REPORTED TO have drawn up plans to launch an integrated e-commerce platform in response to President Putin’s call to connect Russian manufacturers with foreign buyers. Russia’s Ministry of... read more

25 May 16 @ 08:27

WALMART HAS FINALLY enabled Walmart Pay its mobile wallet in an update to the Walmart iOS app. The company first announced the mobile wallet in December. When iOS users update... read more