18 Aug 20 @ 11:57

The 2020 Identity Fraud Report reveals financial institutions’ methods to identify and respond to fraud are no match for criminals’ high-tech schemes to hijack consumer accounts. Fraud losses grew 15... read more

15 Jun 20 @ 04:28

The Smart Payment Association (SPA), the global trade body for the smart payments industry, has published proposals for an Instant Payment Card that would extend SEPA instant Credit Transfer functionality... read more

06 Apr 20 @ 12:16

Apple’s mobile wallet is growing rapidly and taking a chunk out of card payments around the world as it goes. Apple Pay accounts for about 5 percent of global card... read more

12 Feb 20 @ 15:13

With the tagline ‘Hungry? Face it’, Danish payments firm NETS has launched a pilot programme testing facial recognition as an alternative payment method. Around 1,000 people – all working at... read more

18 Dec 19 @ 15:37

This year’s Money2020 USA in Las Vegas revealed an industry in transformation, with the digital revolution in full flight. Although new products and services were launched to support online transformation,... read more

18 Dec 19 @ 15:24

Although contactless payments are one of the UK’s greatest banking innovations, research from IDEX Biometrics has revealed that consumers are still highly concerned about the threat of contactless fraud. In... read more

12 Oct 19 @ 08:34

The EU’s Strong Customer Authentication (SCA) regulations were meant to come in to full effect on 14 September. Required to enhance e-commerce security in the face of rising fraud, some... read more

11 Oct 19 @ 09:32

Ahead of Money 2020 USA, James Wood asks to what extent are new payment technologies like voice and face mere hype – or a vision of the future? And what’s... read more

06 Aug 19 @ 12:20

Senior executives, commentators and analysts all agree – a workable digital identity is key to next-generation payments. Without functioning digital ID, the payments revolution will stall. But as state-sponsored national... read more

06 Aug 19 @ 12:17

The rise of digital payments is one reason why some analysts predict heavy weather for the major card networks. Others include tighter regulation, possible disintermediation through open banking innovations, creaking... read more

08 Apr 19 @ 14:38

New analysis from the FIDO Alliance and Javelin Research has shown that strong authentication, which uses multiple-factor, multiple-method authentication to verify identity, is rising around the world in response to... read more

08 Apr 19 @ 14:36

A new report from Visa subsidiary CyberSource, based on responses from 2,800 fraud management specialists around the world, has revealed the characteristics that make for great fraud management in payments... read more

08 Apr 19 @ 13:18

A late 2017 McKinsey study warned payments firms should be more worried about “Big Tech” than fintechs as a threat to their businesses. Since then, Facebook, Apple, Google and Amazon... read more

08 Apr 19 @ 13:11

Successive waves of Point-of-Sale (POS) terminals are “sunsetting” – no longer receiving software updates – leading to significant upgrade or replacement costs for retailers. Meanwhile, non-POS methods of payment are... read more

06 Feb 19 @ 06:02

A new report from SWIFT and the Boston Consulting Group, Global Payments 2018, has projected major shifts in emphasis and structure for the payments industry over the next decade. Whilst... read more

06 Feb 19 @ 05:18

Driven by contactless card payments and by increased card usage, in 2017 the number of card payments continued to grow across the 33 countries covered by our Yearbook. POS payments... read more

27 Nov 18 @ 11:46

New research from sharespost.com describes the global payments industry as a business opportunity worth $110 trillion, including domestic non-cash payments ($55 trillion), cross-border payments ($25 trillion), retail payments ($25 trillion)... read more

27 Nov 18 @ 11:39

The major card networks dominate the modern payments landscape, and have been a driver of global commerce over the last fifty years. The last few years’ statistics confirm this dominance... read more

27 Nov 18 @ 11:35

Artificial Intelligence (AI) and Machine Learning are already the buzz-words of the next decade in almost every walk of life, from medicine to product design and financial services. But when... read more

27 Nov 18 @ 11:30

Born around the turn of the millennium, a new generation of consumers has entered adulthood in 2018. They have never known a world without mobile phones and tablet computers, have... read more