21 Apr 22 @ 09:43
In the context of huge global rises in online fraud attempts and straight-out thefts via digital scams, crypto has been hailed as a safe, secure and fast means of transferring... read more
16 Dec 21 @ 13:24
One investigator has described government benefit fraud during COVID as “the biggest scam ever.” James Wood argues current estimates of the damage to public finances barely scratch the surface, and... read more
16 Dec 21 @ 13:20
Gaming is big business – and it’s getting bigger, with payments for items in-game rocketing in popularity. James Wood surveys the latest trends in gaming payments, including reducing customer friction,... read more
27 Oct 21 @ 12:01
Non-Fungible Tokens (NFTs) are the latest buzzword in payments. While these digital instruments linked to blockchain might be rich in possibility, they’re also fraught with risk – as James Wood... read more
27 Oct 21 @ 11:43
New data released by the payments industry self-regulatory body, Australian Payments Network (AusPayNet), has shown a slight increase in online card fraud in 2020 as the shift to online payments... read more
24 Aug 21 @ 09:15
Credit cards are becoming less profitable for banks even as lower-cost alternatives such as buy-now-pay-later schemes and digital wallets with a credit function are emerging. If credit cards are to... read more
24 Aug 21 @ 09:11
Amid hype about alternative payments and digital currencies, prepaid cards are booming – with growth projected to run faster than e-commerce world-wide over the next ten years. PCM examines the... read more
24 Aug 21 @ 09:03
Americans have lost nearly $500 million to Covid-related scams since the start of the pandemic, according to Federal Trade Commission data running from April 2020 to mid-July this year. Around... read more
01 Apr 21 @ 13:52
Rapid growth in card issuance and usage, a fast-expanding POS network and growing economies. Eurasia holds exciting opportunities for all kinds of payments players – so why aren’t more international... read more
01 Apr 21 @ 13:09
For some time, PCM has championed the need for companies to completely rethink their approach to cyber-security. New approaches to cyber-security are vital to combat everything from money laundering to... read more
18 Feb 21 @ 11:21
As Editors of a payments and fintech publication, we’re often told technology is the answer to most things – if not everything. It’s refreshing, then, to read a study which... read more
18 Feb 21 @ 10:26
Proponents say payments automation will reduce costs, speed up transactions and make life easier for consumers and businesses. Yet many problems remain – not least data protection and digital identity... read more
19 Oct 20 @ 03:11
Data released by the Australian payments industry’s self-regulating body, the Australian Payments Network (AusPayNet) has revealed a 19.5 percent decline in card fraud in 2019, the biggest decline since fraud... read more
18 Aug 20 @ 12:05
As mobile payments rocket in popularity due to the COVID crisis, payment companies are seeing corresponding increases in fraud attacks and consumer scams. The situation has become so acute that... read more
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
13 Feb 20 @ 07:06
Driven by the hardening of regulatory frameworks and an increase in prevention techniques, significant improvements in plastic card fraud have been recorded in multiple markets across Europe. For example, the... read more
18 Dec 19 @ 15:47
New research from Equifax has revealed that UK consumers, especially those in the 18-44 age group, are more confident than ever in using biometric factors as a form of ID,... read more
27 Nov 18 @ 11:42
The 2018 edition of FIS’s annual “Flavour of Fast” report has revealed a world in full migration towards faster payments. As part of this annual study, FIS produces a ranking... read more
27 Nov 18 @ 06:41
There is no doubt that lack of trust in the payment system remains a fundamental obstacle to a cashless society. Research shows that consumers are now more concerned than ever... read more
03 Oct 18 @ 13:40
During a lecture given in Germany in February 2018, Agustin Carstens, general manager of the Bank of International Settlements (BIS), described Bitcoin as “a combination of a bubble, a Ponzi... read more
06 Sep 26 @ 19:31
Wero is moving further beyond its origins as a peer-to-peer payment service, with Orange becoming the first merchant in France to offer subscription bill paymen... more
06 Sep 26 @ 19:32
The European Central Bank and Banco Central do Brasil are examining whether Europe’s TIPS instant-payment infrastructure could be connected with Brazil’s hu... more
10 Sep 26 @ 15:44
US Bank has completed a live cross-border transaction using its own dollar-backed stablecoin, becoming one of the latest major lenders to test whether blockchai... more