Category Archive for "Analysis" | Mobile Payments World

Category Archives: Analysis

Wall Street goes to war with hackers in Quantum Dawn 2 simulation

Posted in: June 19, 2013 by Alex Rolfe | Comments are closed

Quantum Dawn 2 is coming to Wall Street. No, it’s not a video game or a bad zombie movie; it’s a simulated cyber attack to prepare banks, brokerages and exchanges for what has become an ever-bigger risk to their earnings and operations. (more…)...

Mobile wallet payments will reach € 78 billion by 2017

Posted in: June 6, 2013 by Alex Rolfe | Comments are closed

According to a new research report from Berg Insight, in-store mobile wallet payments in EU27+2 is forecasted to grow from less than €0.1 billion in 2012 at a compound annual growth rate of 275% to reach €45 billion in 2017. This will correspond to 1.6% of the credit card and debit card payments at the end of the forecast period. ...

New payment systems for all – or only for some?

Posted in: June 6, 2013 by Alex Rolfe | Comments are closed

New payment services such as cards, internet and mobile payments may leave many people behind, while also making it more difficult for them to pay in traditional ways such as cash. This is the conclusion of a study on the Impact of New Payment Systems (NPS) on financial exclusion in the UK and four more countries (France, Italy, Poland, Sweden) ...

Visa, MasterCard take gloves off in Interchange-Fee settlement quarrel

Posted in: May 28, 2013 by Alex Rolfe | Comments are closed

Visa Inc and MasterCard sued trade groups and retailers that rejected a $7.25 billion settlement in a price-fixing suit and asked a court to rule that the card companies’ fee practices weren’t illegal. The settlement, described by plaintiffs in that case as the largest in an antitrust lawsuit, would end an eight-year legal battle over the swipe, or interchange, fees charged to ...

France Overtakes UK as Europe’s Top Card Fraud Victim

Posted in: May 22, 2013 by Alex Rolfe | Comments are closed

FICO has published an updated map of card fraud in Europe that showed most countries experienced a rise in fraud in 2012. For the first time in years, the UK did not have the highest card fraud losses in Europe — France took its place, with 29% of the region’s losses, compared to the UK’s 27%. (more…)...

How does a Bitcoin transactions work?

Posted in: May 22, 2013 by Alex Rolfe | Comments are closed

Bitcoin’s features come with many security concerns…so how secure is a bitcoin transaction really? In fact, bitcoin verifies transactions with the same state-of-the-art encryption that is used in military and government applications. Here’s a primer on how bitcoin transactions are verified: (more…)...

Mobile device crimeware evolves into global criminal marketplace

Posted in: May 17, 2013 by Alex Rolfe | Comments are closed

Mapping the World – Countries currently at high risk from Mobile Threats

The sprawling mobile devices marketplace has spawned an industrialized mobile financial fraud plexus that today drives increasingly sophisticated criminal technical innovation to exploit the mobile devices explosion. And it is funded by increasing revenues derived from potent new developments in mobile malware, a new APWG report released concludes. (more…)...

The P2P sharing economy

Posted in: May 1, 2013 by Alex Rolfe | Comments are closed

string contains: < --strong-- >In the emergent peer-to-peer (P2P) “sharing” economy, new technology has made sharing assets cheaper and easier than ever, from beds and boats to power drills and blenders. By opting to rent from a neighbour, rather than purchase new goods or rent from a centralized company, a disruptive new economy has materialized, made possible by the internet and an array of ...

Fresh fraud challenges says new UKFraud SIG

Posted in: April 12, 2013 by Alex Rolfe | Comments are closed

UKFraud (www.ukfraud.co.uk) has set up a new Special Interest Group (SIG) for the Mobile Payments sector. The new SIG will monitor, analyse and report on key market developments for use by stakeholders in the domestic fraud prevention sector. (more…)...

Mobile fraud survey – retailers brace for mobile surge

Posted in: April 9, 2013 by Alex Rolfe | Comments are closed

A recently released survey shows retailers and payment industry professionals universally believe mobile revenue will continue to grow substantially, with projections varying considerably by industry and company size. These segments also approach mobile payments and fraud protection differently from one another, according to the Mobile Fraud Survey conducted by Kount, The Fraud Practice LLC, and CardNotPresent.com. (more…)...

Category Archives: Analysis

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