11 Oct 17 @ 15:06

Nearly half of companies fail to effectively secure their payment systems from hackers, risking their customers’ data, brand and financial health, according to a new report from Verizon. Overall compliance... read more

11 Oct 17 @ 15:04

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

11 Oct 17 @ 14:59

The UK’s largest retailer, Tesco, with £54.4 million in sales has announced that its current digital wallet app PayQwiq, is to be re-launched as Tesco Pay+. Launched in 2015, the... read more

11 Oct 17 @ 14:59

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

11 Oct 17 @ 14:59

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

11 Oct 17 @ 14:42

Retail e-commerce sales, which include products and services except travel, restaurant and event ticket sales, ordered via the internet over any device reached $1.915 trillion in 2016. This accounted for... read more

11 Oct 17 @ 14:37

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

08 Jun 17 @ 12:33

BBVA completed the first real-lifeimplementation of an international money transfer using Ripple’s new distributed ledger technology (DLT). The transaction, running on BBVA infrastructures with real money, successfully completed transfers between Spain and... read more

08 Jun 17 @ 12:30

The US Supreme Court declined to hear a bid by retailers to revive a $7.25 billion anti-trust settlement reached with Visa and Mastercard over claims that the networks fixed card... read more

08 Jun 17 @ 10:17

The news that JPMorgan Chase left the R3 Blockchain consortium speaks to the challenges ahead for any consortium whose aim is to get multiple financial institutions to agree on a... read more

08 Jun 17 @ 10:14

British business is set to waste an estimated £37 billion on failed agile IT projects over the course of the next 12 months, according to a new report. 6point6 commissioned... read more

07 Apr 17 @ 10:03

The Islamic finance industry has expanded rapidly in the last decade, growing at around 10-12 percent annually, according to the World Bank. We examine the underlying Shariah principles and how... read more

06 Apr 17 @ 16:07

It’s more than 20 years ago since the Spice Girls released their debut single Wannabe. In that time, the wants, needs and expectations of retailers — and their customers —... read more

06 Apr 17 @ 15:19

Forget rock-paper-scissors. When it comes to how Americans pay, it is card, paper followed by the two electronic-based systems some way behind. US consumers purchased $9.5 trillion worth of goods... read more

06 Apr 17 @ 15:19

Blockchain technology could reduce infrastructure costs for eight of the world’s ten largest investment banks by an average of 30 percent, or $8-12 billion annually, according to a new report... read more

06 Apr 17 @ 15:13

A recent Gartner survey estimated that by 2020, the number of connected objects will increase by 30 times current levels, making the Internet of Things (IoT) a huge untapped opportunity for... read more

05 Apr 17 @ 12:38

The mobile channel can facilitate nearly any type of consumer payment, often with greater convenience than before. This has attracted a growing legion of dedicated users, yet wherever legitimate payments... read more

03 Feb 17 @ 13:13

Prepaid cards are witnessing a fast rise in popularity, with the global market expected to grow to $535 billion by 2020, according to Euromonitor International Consulting Group. What was once... read more

03 Feb 17 @ 13:09

Euroclear announced the successful completion of its first pilot for Euroclear Blockchain, the gold bullion-based Blockchain solution, with FinTech company Paxos. Euroclear Blockchain is a new Blockchain settlement service for... read more

23 Nov 16 @ 13:44

SBI Ripple Asia, a joint venture between distributed ledger tech provider Ripple and SBI Holdings, announced in August that a Japanese consortium of 15 banks in a new network will... read more