06 Aug 19 @ 09:33

Kaspersky researchers have discovered that the money-stealing mobile malware, Riltok, has launched new variants and is extending its targeting from Russia to the rest of the world, starting with Europe... read more

06 Aug 19 @ 09:22

OpenWay has successfully tested its digital payment platform WAY4 in Oracle Cloud. Financial institutions can now use this solution to drive payment innovations of any scale and optimise their operating... read more

04 Jun 19 @ 11:08

Despite legislative moves to enable the digital economy and a ten-year media blitz about the coming cashless society, cash in circulation (CIC) in the world’s economies keeps growing. What’s more,... read more

04 Jun 19 @ 10:55

‘Data Lakes’ are gaining explosive traction with payments businesses in Europe and North America. Proponents say they offer a more flexible, scaleable and cheaper data storage solution than traditional data... read more

04 Jun 19 @ 10:53

The ECB recently launched its new TIPS settlement system, aiming to enable instant payments across the continent and increase Europe’s competitiveness relative to US and Chinese payment systems. But will... read more

03 Jun 19 @ 15:12

A new report from Citibank GPS, “Bank X”, calls on major financial institutions to reinvent themselves and save their businesses from disintermediation by digital challenger banks. The authors expect competition... read more

03 Jun 19 @ 15:11

BitSight and the Centre for Financial Professionals (CeFPro) have published the results of a global study into cyber-security in financial services. Polling more than 125 senior professionals in financial services... read more

03 Jun 19 @ 15:10

Mastercard has published its strategy for a global, consumer-led future in digital ID. The result of an eighteen-month consultation with governments, security experts and consumers around the world, Mastercard’s paper... read more

03 Jun 19 @ 15:07

With Card Not Present (CNP) fraud on the rise across the Single Euro Payments Area (SEPA) in recent years, the payments industry has responded with a number of innovations designed... read more

03 Jun 19 @ 15:05

Visa and Mastercard have offered to cut interchange fees on payments made by tourists using cards issued outside the European Union to limit fines and end an EU antitrust investigation.... read more

03 Jun 19 @ 15:04

The UK Court of Appeals has overturned a formerly favourable Mastercard interchange fee ruling. The £14 billion lawsuit against Mastercard for imposing charges on UK consumers looks set to proceed... read more

03 Jun 19 @ 15:03

So, Facebook is creating its own cryptocurrency. This move is partly to counter the threat from up and coming messaging rivals Telegram and Signal, with Facebook’s effort to build its... read more

03 Jun 19 @ 15:03

In early April, Apple launched the world’s first digital credit card in partnership with Goldman Sachs and Mastercard. Industry opinion on the strategic and operational benefits of this move is... read more

03 Jun 19 @ 15:02

The Saudi Arabian Monetary Authority (SAMA), represented by Saudi Payments, has entered into agreement with Vocalink & IBM to develop the new faster payments system planned for launch at the... read more

03 Jun 19 @ 14:54

GATE (Global Acceptance Transaction Engine) has released its Mobile Wallet Trends Annual Report, highlighting trends in both mobile wallet and mobile payment usage across global markets. Mobile wallets are still... read more

03 Jun 19 @ 14:51

The UK’s competition regulator, which had been looking into the merger, has dropped its opposition to PayPal’s $2.2 billion takeover of iZettle, after finding that the enlarged payments group would... read more

03 Jun 19 @ 14:50

WhatsApp is rumoured to be developing a cryptocurrency wallet service, created by Wuabit, which allows users to make payments via Bitcoin along with other major digital currencies. The new service... read more

03 Jun 19 @ 14:50

Visa has introduced a new API platform, called Visa Next. The platform, with beta application programming interfaces (APIs) and development tools for issuers and processors, was launched to help build... read more

03 Jun 19 @ 14:49

Instagram has launched a new shopping function called Checkout on Instagram. The additional functionality, only currently available in the US with 20 big brands, means you can purchase directly through... read more

03 Jun 19 @ 14:37

Card payments online are growing at double digit rates and will continue to increase significantly faster than card spending at physical outlets to account for nearly a quarter of all... read more