20 Nov 19 @ 10:57

Open banking is an evolving trend in many jurisdictions and authorities have responded by taking a broad range of actions in recent years. In its recent, the Basel Committee on... read more

14 Nov 19 @ 09:23

Compliance with the FCA’s recent guidance on safeguarding customer funds must be adhered to fully by Non-Bank Institutions(NBIs) – because it’s good for business, and essential to protecting and enhancing... read more

09 Sep 19 @ 14:58

According to a recent report by Kaspersky, the number of mobile financial attacks it detected in the first half of the year rose by 107%, rising to 3,730,378. Analysts at the company... read more

03 Sep 19 @ 12:23

Blockchain has been called the most over-hyped innovation in the world today, with the hysteria surrounding it sometimes compared to the infamous “dot.com” bubble of 1999-2000. PCM Editor James Wood... read more

09 Jan 19 @ 12:57

Mizuho Bank is set to roll out a proprietary digital currency, J Coin, in March, backed by 60 regional domestic banks. The virtual currency is the result of the development of... read more

09 Jan 19 @ 10:02

A survey of central banks shows that a majority are collaboratively looking at the implications of a central bank digital currency (CBDC). Although many have reached the stage of considering... read more

27 Nov 18 @ 15:54

Two major banking groups have joined the EU International Association for Trusted Blockchain Applications (IATBA) a forum set up with the aim of gaining support for the European Union’s blockchain strategy. Representatives of BBVA and Banco... read more

14 Aug 18 @ 13:51

Previously existing only on the fringes of finance or computer science, cryptocurrencies are now being discussed more widely. In the future, banks may not be the only ones making money... read more

12 Jun 18 @ 09:13

Thailand’s central bank chief has confirmed research into Project Inthanon, and a number of blockchain applications in banking, involving a central bank digital currency used for interbank settlements. In a... 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

01 Jun 17 @ 13:58

E-commerce fraud as a percent of sales dollars has been declining across the board, except for two industries, since the first quarter of 2016. However, fraud losses still account for... read more

31 May 17 @ 09:33

First Data has agreed to acquire smaller payments processing company CardConnect in a deal worth around $750 million, the companies said on Tuesday. First Data will pay $15.00 per share in cash for... read more

07 Mar 17 @ 08:44

Optal announced the acquisition of Invapay, in a deal which will significantly expand Optal’s capabilities in the global corporate payments space. Invapay enables corporate buyers to use credit cards to... read more

22 Sep 16 @ 11:48

In the coming months, there are stong warnings that cybercrime and money laundering in online games – such as World of Warcraft – will be a growing concern. As regulators... read more

05 Sep 16 @ 14:58

Google is rumoured to start the Android Pay, digital payment service, using smartphones in Japan as early as autumn, in cooperation with Mitsubishi UFJ Financial Group, sources close to the... read more

04 Aug 16 @ 10:06

Unicredit Business Integrated Solutions (UBIS)  and SIA have signed an agreement for the sale to the latter – for the sum of €500 million – of the processing activities of... read more

25 Jan 16 @ 16:44

SWIFT says that 45 leading banks have signed up to its global payments innovation initiative, announced at the end of December 2015. The 45 participating firms include major transaction banks from... read more

07 Dec 15 @ 15:05

According to a new forecast from the International Data Corporation (IDC ) Worldwide Quarterly Mobile Phone Tracker, 2015 will be the first full year of single-digit worldwide smartphone growth. IDC... read more

19 Nov 15 @ 11:16

E-commerce sales in the Netherlands increased by 20.2% in September, compared to the same period last year. This growth is mostly due to the increased online sales of physical retailers, which... read more

30 Sep 15 @ 15:23

Just week after Nine of the largest investment banks, including Goldman Sachs, JPMorgan and Credit Suisse, thirteen more top banks, including HSBC and Deutsche Bank, havebacked the consortium led by financial... read more