Showing results for 'weve' in Articles
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86% of fraud in chargebacks

17 Apr 15 @ 12:45

Global Risk Technologies (GRT) recently examined friendly fraud, and found approximately 86% of chargebacks are fraudulent, and many consumers bypass merchants to directly file complaints with card-issuing banks. GRT CIO... read more

Mobile app use sees emergence of cashless society

13 Apr 15 @ 16:57

Half of European adults with access to a mobile device such as a smart phone or tablet computer expect to use mobile payment apps over the next 12 months, according... read more

Apple Pay performance problematic at POS

13 Apr 15 @ 12:01

Just months after Apple Pay went live, the adoption rate came in at an impressive 11% of all credit card-owning households and 66% of iPhone 6 owners, according to new... read more

Payment Systems Regulator takes aim at Vocalink

02 Apr 15 @ 11:25

The Payment Systems Regulator, which launched on Wednesday, will open up access of the infrastructure underpinning financial transactions, from mobile payments to house purchases. The largest lenders, such as Lloyds,... read more

Online fraud – an unrelenting, unforgiving battleground…

01 Apr 15 @ 14:56

The recent release of the annual UK fraud figures describes an interesting picture of some successes and some areas for continued concern and renewed action. First, the headline successes. Fraud... read more

Differing forecasts for mobile wallet

27 Mar 15 @ 12:39

Research and opinion on mobile payment trends contain conflicting predictions and conclusions, partly as a result of banks commissioning fewer market studies, leaving researchers to find a new starting point... read more

Middle aged men most likely fraud victims

26 Mar 15 @ 12:18

Recorded fraud victims increased by 25% last year, according to the latest report from the UK fraud prevention service, Cifas, published today. In total there were 276,993 frauds recorded in... read more

Mobile money transfers double

24 Mar 15 @ 15:07

New research from remittance specialist Azimo, demonstrates that the percentage of money transfers sent from mobile phones has more than doubled in the 12 months to January 2015. Azimo’s research found that... read more

Digital tipping point: Banks must focus on innovation to harness opportunities

24 Mar 15 @ 11:42

A major new report sets out key recommendations for the banking industry and urges regulators to give consumers certainty that their money is equally well-protected wherever they choose to bank.... read more

More than half of global professionals use their mobile phones for payments

20 Mar 15 @ 11:41

In a recent survey of over 300 global business professionals by Timetric, respondents were asked if they use mobile phones for payments and if it is set to change over... read more

Bitcoin users to approach 5 million by 2019

18 Mar 15 @ 10:20

A new report from Juniper Research has found that the number of active Bitcoin users worldwide will reach 4.7 million by the end of 2019, up from just over 1.3... read more

IBM to create blockchain-based digital payments infrastructure for central banks

16 Mar 15 @ 12:28

IBM is rumoured to be considering adopting the underlying technology behind bitcoin, known as the blockchain, to create a digital cash and payment system for major currencies, according to a person... read more

Relentless rise of ID fraud

13 Mar 15 @ 11:59

Experian has revealed that fraud detection rates have increased during the past year*, with around 50 frauds now being detected per 10,000 cases during Q4 2014 – compared to 40 frauds detected... read more

Youth attitudes to banking and online banking services

12 Mar 15 @ 11:00

We all instinctively know that mobile is a key channel for any number of things: from communications to gaming, on to navigation through to payments. The smartphone, heralded by the... read more

Card Fraud Report 2015

12 Mar 15 @ 10:24

Card Fraud Report 2015, in association with Alaric NCR, aims to give some insight into how card fraud is perpetrated in the selected regions, what are the drivers for this fraud, the defence mechanisms that the various countries can select to combat card fraud and the figures that surround the various types of card fraud.

80% of global merchantsfail PCI DDS compliance test

11 Mar 15 @ 17:33

Four out of five global retailers and other merchants failed interim tests to determine whether they are in compliance with payment card data security standards (PCI DSS), putting them at... read more

Re-designing banking: From the bench to the branch to binary

09 Mar 15 @ 12:32

It’s hard to imagine what the Florentine market traders thought would be their impact on the world when they started the western world’s first formal system of lending. One thing... read more

Bank of England: The economics of digital currencies

06 Mar 15 @ 12:24

Digital currencies represent both innovations in payment systems and a new form of currency. This article examines the economics of digital currencies and presents an initial assessment of the risks... read more

ECB: Digital currencies unstable

04 Mar 15 @ 15:16

The European Central Bank has published a new report on digital currencies, describing them as “inherently unstable” whilst remaining upbeat about the potentially transformative benefits they may offer in payments. The ECB study builds... read more

EMV Liability Shift – 212 Days to Go

04 Mar 15 @ 09:31

October 2015 marks a major milestone in the US payment industry’s migration to EMV as the liability shift comes into effect. After the liability shift, the party on a card... read more

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Wero expands merchant payments in France with Orange

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

ECB and Brazil explore cross-border link between TIPS and Pix

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

US Bank tests its own Stablecoin for Cross-Border Payments

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