Showing results for 'BIS' in all areas
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Project Inthanon: Thai Central Bank to issue digital currency

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

CRYPTO-COINING IT

01 Jun 18 @ 10:25

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

ARE BANKS USING THE BEST BIOMETRIC SYSTEMS AVAILABLE?

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

Are banks using the best biometric security systems available?

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

E-commerce fraud has decreased nearly 35% since 2016

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

First Data to acquire CardConnect for $750 million

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

Optal to acquire B2B payments business Invapay

05 Apr 17 @ 11:21

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 pay... read more

Optal to acquire B2B payments business Invapay

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

GOOGLE RUMOURED TO START ANDROID PAY SERVICE IN JAPAN

28 Sep 16 @ 06:21

GOOGLE IS RUMOURED to be launching the Android Pay, digital payment service, using smartphones in Japan as early as autumn, in cooperation with Mitsubishi UFJ Financial Group, sources close to... read more

World of Warcraft or World of Cyber Crime-Craft?

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

Google rumoured to start Android Pay service in Japan

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

SIA acquires Unicredit’s emoney processing activities for Italy, Germany and Austria

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

45 leading banks sign up to SWIFT global payments initiative

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

Worldwide smartphone market

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

E-commerce in Netherlands and Germany see large increases

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

More top banks pile into R3 Blockchain initiative

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

First Data to IPO

21 Jul 15 @ 11:37

First Data has taken its initial step towards a multibillion-dollar listing. First Data filed its paperwork for an IPO on Monday, but gave few details on the upcoming deal. The filing said it could... read more

First bank deposit network for receipt of payments across 23 African nations

16 Jul 15 @ 13:11

Transfast, a little known provider of online, cross-border p2p payments solutions, has announced the launch of its proprietary bank deposit network into 23 African nations – the most extensive of... read more

ECB identifies 4 key payment systems as systematically important

29 Oct 14 @ 12:03

The European Central Bank (ECB) has flexed its muscles in the payment systems oversight area for the first time through the exercise of new powers by identifying 4 payment systems that... read more

Singapore ready for real-time payments

09 May 14 @ 15:00

Singapore is set to go live with its G3 Immediate Payments system, putting it in an elite club – alongside the UK, Sweden and Poland – of countries with a... read more

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UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more

Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more