There’s hidden treasure in payments…
Author: webeditor
Despite the pressure to deliver increased value, payments remain an undiscovered treasure trove
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Category: Future of Payments
Payments: where consumers lead, businesses will follow
Author: webeditor
The payments industry has seen huge innovation over the last five years, and consumers are reaping the benefits. Unfortunately, the ben
Fighting future fraud: risk management strategies for e-commerce companies
Author: webeditor
Disclaimer: One-Off fraudulent transactions are nigh impossible to prevent.
Digital IDs said to boost economies, but privacy is at risk
Author: webeditor
Source: by Umberto Bacchi for Thomson Reuters Foundation, January 23 Developing countries swapping paper documents for digital identification systems could see their economies grow up to 13 percent by 2030, researchers said on Wednesday in the first study to... Read more
Tesco and Booker call for fast-track competition probe into £3.7BN merger
Author: webeditor
Tesco and Booker have asked the competition watchdog to “fast-track” its investigation into their £3.7 billion merger, confirming that the deal is expected to face an in-depth probe. The Competition and Markets Authority (CMA) had been expected to complete the... Read more
Co-op Bank discontinues sale process amid rescue deal hopes
Author: webeditor
The Co-operative Bank is no longer up for sale as it closes in on agreeing a rescue package with existing investors which would put it on a secure financial footing. The lender, put up for sale in February, said it... Read more
88 per cent of consumers would stop using digital payments after a breach
Author: Matt Smith
Nearly nine in ten consumers would stop using digital payments if they suffered a cyber breach, according to a report. In a survey by Thales e-Security and Wakefield, 88 per cent of Americans said they would stop using the services... Read more
Two in five Britons ready to ditch cash if cards accepted everywhere, survey finds
Author: webeditor
More than two in five Britons would be ready to ditch cash completely if card payments were accepted everywhere, a survey suggests. Some 44% of people surveyed for Mastercard claimed they would empty notes and coins out of their pockets... Read more
The Bank of England’s new polymer fiver is more secure – and tea-proof, too
Author: webeditor
The Bank of England has launched a new plastic £5 note, featuring a portrait of Sir Winston Churchill on the reverse and extra security measures to help protect against counterfeits. The polymer banknotes are cleaner, more secure and more durable than... Read more
Keil Hubert: In the US, forget the future of payments – I’ll be delighted with decade-old tech
Author: Keil Hubert
I have a request: the next time you pay for something with your EMV purchase card, I want you to laugh at us Americans. Specifically, laugh at how we’ve been fumbling our implementation of smartcard technology. Maybe all the derisive laughter... Read more