30 May 14 @ 11:12

With incidents of security breaches and fraud increases, the payment industry is paying close attention to secure identification and personal verification methods – could 2014 be the year that biometric... read more

20 May 14 @ 11:52

Tech companies have invested millions in trying to persuade people to make mobile payments, but the closure of a high-profile app launched by Twitter’s co-founder suggests too few are willing... read more

02 May 14 @ 13:10

With record levels of investment from venture capital groups being ploughed into payment start-ups, is there a risk of another dotcom-style boom and bust? by Victoria Conroy The halcyon days... read more

29 Apr 14 @ 09:59

The average cost of cash handling for UK SMBs has reached more than £17.8 billion a year, or £3,638.57 per retailer, according to new research by payment service provider Sage... read more

14 Apr 14 @ 09:47

As the rise and fall of virtual currencies continue, the US Attorney General has raised the prospect of applying money-laundering and know-your-customer controls to virtual currency transactions as a means... read more

09 Apr 14 @ 09:36

Just three months after announcing its Bitcoin rival MintChip, The Royal Canadian Mint has shut its cloud-based digital currency and is looking to offload the business. The Mint unveiled plans... read more

01 Apr 14 @ 12:35

M-pesa has arrived in Europe as Vodafone seeks to spread the popular digital currency outside emerging markets. Vodafone has acquired an e-money licence to operate financial services in Europe, with... read more

18 Mar 14 @ 09:52

The Target, Neiman Marcus, Michael’s Stores breach trifecta may have finally galvanized the US card payment industry to consider strongly EMV in the US. Too bad consumers are poised to change... read more

13 Mar 14 @ 11:30

New York’s financial regulator has said firms can submit proposals to set up “regulated”  digital currency exchanges like Bitcoin. The state’s Department of Financial Services (NYDFS) said it wanted to... read more

05 Mar 14 @ 15:40

The European Banking Authority (EBA) will create a taskforce to advise it on whether virtual currencies like beleaguered Bitcoin, should be regulated. The watchdog said that the taskforce will be... read more

17 Feb 14 @ 16:58

Ever since the Liberty Reserve take-down in May of last year and the confiscation of all accounts by law enforcement, fraudsters have been busy finding a solid virtual currency to... read more

12 Feb 14 @ 11:23

Last year, PCM delved into the world of virtual currencies, looking at how emerging (and unregulated) methods like Bitcoin could impact the payments industry. In less than a year, the pace of... read more

01 Nov 13 @ 16:25

In a further blow to online and digital currencies, one of the co-founders of Liberty Reserve, which was abruptly shut down by the US government in May, pleaded guilty “to money... read more

16 Sep 13 @ 16:56

The NSA has been widely monitoring international banking and credit card transactions, a new report says referencing Edward Snowden’s leak. The agency targeted Visa customers and global financial service SWIFT... read more

01 Aug 13 @ 01:22

The controversy surrounding virtual currencies is prompting enthusiasts to try to bolster their legitimacy and fight perceptions that they attract illicit behavior. A group of companies that are pushing virtual... read more

20 Mar 13 @ 00:00

FinCEN, the Financial Crimes Network of the US Treasury, has turned its attention to virtual currencies after releasing a new guidance note on the management and usage of virtual currencies like Bitcoin, Facebook... read more