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Brexit: Possible impacts on UK consumer payments

24 Jun 16 @ 10:57

Following Britain’s momentous decision to leave the European Union our thoughts must inevitably turn to the potential impact on UK consumer payments. In this blog we provide some early thoughts... read more

App chaos after Apple’s new ruling update

22 Jun 16 @ 10:24

At the recent Apple developer conference Apple presented the redesigned and refreshed App Store. At the same time Apple has changed the terms & conditions for app developers. One change especially... read more

Clearing and settlement systems from around the world: A qualitative analysis

21 Jun 16 @ 09:37

Research released by Payments Canada and the Bank of Canada exploring Clearing and settlement systems and payment system modernization initiatives around the world reveals a global trend towards infrastructure enhancements that... read more

Cost of data breach study: global analysis

20 Jun 16 @ 12:15

IBM and Ponemon Institute have release the 2016 Cost of Data Breach Study: Global Analysis. According to the research, the average total cost of a data breach for the 383 companies participating... read more

Bank of Canada initiates blockchain technology exploration

17 Jun 16 @ 10:01

The Bank of Canada has revealed it is studying the technology underlying the digital currency bitcoin, conducting one of the first known tests by a major central bank about how it... read more

What will real-time gross settlement services be like in the future?

15 Jun 16 @ 14:57

The Eurosystem operates two systems that form the backbone of the financial market infrastructure in Europe – TARGET (the real-time gross settlement (RTGS) system for the euro) and TARGET2-Securities, or... read more

What does the future hold for US domestic payments?

14 Jun 16 @ 11:25

It has been many years since significant changes have come to the US Dollar (USD) domestic payments space. In fact, it has remained relatively unchanged, at least in a sweeping,... read more

Half of small businesses hit by cybercrime

13 Jun 16 @ 12:39

Small businesses are at risk from cybercrime by not putting adequate protection measures in place, new research from Barclaycard has found. The survey of 250 small businesses reveals that just... read more

Walmart Canada stops accepting Visa

13 Jun 16 @ 10:19

Walmart Canada says it will no longer accept Visa cards after it failed to agree a deal with the card company. Fees applied to Visa card purchases “remain unacceptably high,”... read more

Cyber security bulletin – overall statistics for 2015

09 Jun 16 @ 14:22

Cyber security – The year in figures In 2015, there were 1,966,324 registered notifications about attempted malware infections that aimed to steal money via online access to bank accounts. Ransomware... read more

Alternative payments – Three unrecognised truths for merchants

09 Jun 16 @ 14:15

As the European eCommerce market continues its meteoric rise, we spend an increasing proportion of our time looking at how to accommodate the diverse alternative payments preferences of European consumers.... read more

Contactless payments take off in Canada

02 Jun 16 @ 09:02

The value of contactless payments made by consumers in Canada more than doubled over the past year, according to a new study published by Technology Strategies International. The report titled,... read more

Credit cards come back as UK moves towards a cashless society

01 Jun 16 @ 11:35

There has been significant growth in the acceptance of credit cards and contactless card payments by small and medium enterprises (SMEs), new research from East & Partners Europe shows. Since... read more

What are the key trends in payments for 2016: Tieto Interview

27 May 16 @ 15:49

Several themes from 2015 will continue trending this year. Mobile payments will keep being one of them. Large players like Apple and Samsung have expanded their geographical presence with their... read more

Why did M-Pesa fail in South Africa?

26 May 16 @ 11:51

South Africa’s largest mobile operator Vodacom recently announced it will be scrapping its M-Pesa mobile money transfer system in Africa’s second-biggest economy. For many pundits the move comes as a... read more

Debit cards to overtake cash payments by 2021

25 May 16 @ 15:30

Industry experts predict that debit cards are on track to become king in 2021 when they will take over from cash to become the UK’s most frequently used payment method,... read more

Breach trends drive PCI DSS update

20 May 16 @ 13:32

The PCI security standards council (PCI SSC) has published an update to its global data security standard. PCI DSS Version 3.2 replaces version 3.1 to address growing threats to customer... read more

Real-time payments: The need for speed

19 May 16 @ 11:24

Consumer-facing technology brands have done much to reset customer expectations around speed, but also convenience, value and choice. Consumers can send and receive e-mail across the globe almost instantly. They... read more

The future of digital payments

19 May 16 @ 10:53

Advancements in digital technology continued to shape the payments industry in 2015 as mobile, online and other digital forms of digital payments moved into the mainstream. From mass transit to... read more

ATM is the New Skimmer – Skimer mutates

18 May 16 @ 14:02

A Russian-speaking Skimer group forces ATMs to assist them in stealing users money. Discovered in 2009, Skimer was the first malicious program to target ATMs. Seven years later, cyber criminals... 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