Saturday, October 16, 2021
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Contactless cards: A comparative view between two markets

A comparison of the UK and the Czech Republic illustrates that contactless cards can be a strong catalyst for growth in a variety of market conditions. The UK and the Czech Republic have the third...

BullGuard outlines key threats to personal security for 2013

Internet and mobile security expert BullGuard advises that malicious attacks could be even more prevalent and certainly more varied in 2013, and urges users to stay one step ahead by knowing how third parties...

EPC response to the European Commission Green Paper – By Gerard Hartsink

In January 2012, the European Commission (the Commission) published its Green Paper 'Towards an integrated European market for card, internet and mobile payments' for a three month consultation. The aim of the Green Paper,...

Is mobile banking the future of global remittance payments?

Ever since it was highlighted by the World Bank in its annual Global Economic Prospects report for 2006, the exponential growth of the global remittance market has attracted widespread attention. The report emphasized that...

Banks lose out as half of online banking applications fail

Jumio has launched new research that benchmarks high street banks in their approach to digital account opening. The research report is based on interviews with eight leading high street banks which analyse and benchmark online account opening processes...
FinTechs accelerate account openings share

Alternative financial institutions account openings outstrip the growth rate of traditional banks

Banks have been under pressure for some time. This pressure has come from regulators, from customers and from new competition and there is no one front on which banks can focus to combat this. In...
Nordic FinTech collaboration

Report reveals rapid growth in Nordic FinTech industry over past year

A new report reveals that 74% of Nordic banks intend to collaborate with FinTech firms in 2017. This finding is in sharp contrast to 2016’s study, which found that less than 50% of Nordic...
Usage of traditional Vs non-traditional firms

World Retail Banking report: Open banking demands foresight, but indicates new revenue streams

The Open Banking evolution continues to unfold. Banks risk disintermediation if they do not carefully 1) choose their customer-interaction business model role, and 2) use application programming interfaces (APIs), according to the World Retail...

M-payments – a regulatory approach

David Porteous is the founder and director of Bankable Frontier Associates, a niche consultancy based in Boston, which specializes in advising regulators and operators on the development of mobile money models. Financial regulations shape mobile...
Balancing security and convenience in different KYC models

Remote KYC: A competitive advantage for mobile only banking

The required procedures for Know Your Customer (KYC) have finally broken free of branch-based face-to-face meetings, and now enable banks to use videoconferencing and biometrics to verify a customer’s identity remotely. This is a...

Latest News

Payment industry history with first AES DUKPT key management implementation

Verifone says it has implemented AES DUKPT with its end-to-end encryption solution, VeriShield Total Protect, its Engage family of payment devices, and Carbon 8 & 10. Co-designed by Verifone, AES DUKPT...
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