23 Oct 17 @ 11:16

Verizon recently released its annual Payment Security Report. And for retailers, the report highlighted significant areas for improvement in encrypting data, securing transmitted retail payment data, and authentication. This should serve as... read more

19 Oct 17 @ 18:00

A consortium of Spanish banking, energy and teleco heavyweights have established blockchain based national network dubbed Alastria. The non-profit “world’s first regulated national network based on blockchain”, will develop distributed... read more

17 Oct 17 @ 15:41

JPMorgan Chase is set to launch a new interbank payments platform powered by the Quorum Enterprise-ready distributed ledger and smart contract blockchain platform. With the participation of two other banks... read more

10 Oct 17 @ 13:07

Almost $60 million has been stolen from Far Eastern International Bank in Taiwan using a Swift malware attack last week, with funds being routed to accounts in Cambodia, Sri Lanka and the... read more

04 Oct 17 @ 09:32

Christine Lagarde, head of the International Monetary Fund (IMF), warned central bankers that digital currencies are rising. Lagarde told them not to discount digital currencies, because they are gaining more adoption and... read more

26 Sep 17 @ 16:49

When Toys “R” Us filed for bankruptcy protection, the easy culprit to blame was Amazon. But long before Amazon battered Toys “R” Us with a much deeper selection, Walmart was... read more

22 Sep 17 @ 11:00

In Japan, both local and global merchants, are successfully leveraging Japan’s technologically advanced economy to increase sales by up to 30%. The answer to how to make this increase may... read more

13 Sep 17 @ 11:06

Zelle, the bank-based mobile P2P offering operated by Early Warning says more than 4 million people have enrolled in the mobile based payment network backed by many of the US’s largest... read more

11 Sep 17 @ 16:28

55% of retailers and merchants in the EMEA region are planning to increase their investment into new payments capabilities in the next 18 to 24 months, according to the  2017... read more

06 Sep 17 @ 10:25

The UK’s largest retailer, Tesco, with £54.4m in sales has announced that its current digital wallet app PayQwiq, is to be re-launched as Tesco Pay+. Further details about Tesco Pay+... read more

01 Sep 17 @ 15:49

In competition with R3 and Swifts blockchain initiative, six of the world’s biggest banks have joined a project to create a new form of digital currency that they hope to... read more

30 Aug 17 @ 13:45

Many banks around the world, large and small, continue to experience major security failures. At this year’s Kaspersky Security Analyst Summit, analysts explained their investigation of the takeover of a... read more

22 Aug 17 @ 15:27

A new piece of Android malware, dubbed Fakedtoken is able to quietly steal victims’ details when they enter them into apps, as well as spy on their texts and phone calls,... read more

07 Aug 17 @ 10:42

Atlanta-based law firm Webb, Klase & Lemond, LLC has filed two class action lawsuits against payment processing giants EVO Payments International and EVO Merchant Services (collectively, “EVO”) alleging they maintain... read more

02 Aug 17 @ 14:57

Retail e-commerce sales – which include products and services (barring travel, restaurant and event ticket sales) ordered via the internet over any device – reached $1.915 trillion in 2016, accounting... read more

01 Aug 17 @ 12:39

Russia (42%), Indonesia (45%), Vietnam (37%), Argentina (38%) and Israel (25%) are surprisingly included in the fastest growing e-commerce markets in terms of percentage growth compared to last year, according... read more

31 Jul 17 @ 15:18

The Bank of England has extended direct access to Real Time Gross Settlement (RTGS) accounts to non-bank payment service providers as part of a wide-ranging effort to inject more competition... read more

28 Jul 17 @ 13:57

A New EU directive coming will make it illegal to surcharge for Debit and Credit cards. In the UK the government has extended this to include American Express and PayPal. In 2010... read more

06 Jul 17 @ 14:45

Swift says that is has signed an additional 22 banks to its blockchain proof of concept (PoC). The project is designed to determine if blockchain technology can help banks reconcile... read more

26 Jun 17 @ 13:09

The Open Banking evolution continues to unfold. Banks risk disintermediation if they do not carefully 1) choose their customer-interaction business model role, and 2) use application programming interfaces (APIs), according... read more