Thursday, December 2, 2021
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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...

MasterCard releases PayPass usage report

MasterCard PayPass users are showing a marked change in their behaviour while making small, everyday purchases. The results of internal MasterCard data, dating back to September 2005, coupled with performance data provided by a major...
2017 the year of creative cyber criminality

The 4th EU Anti-Money Laundering Directive becomes active

73% of financial crime professionals in UK financial services believe that the 4th EU Anti-Money Laundering Directive will make it easier for firms to prevent money laundering a survey of nearly 200 professionals has...

New SEMOPS service

SEMOPS (Secure Mobile Payments), a 15-company consortium representing banking, telecommunications, IT, consulting, research and retail commerce, including Motorola, Deloitte, Vodafone, Raffeisen Bank and Oberthur, is to introduce an electronic payment service. SEMOPS is a global...
TRENDS IN NON-CASH RETAIL PAYMENTS BY NUMBER AND TYPE OF TRANSACTION

US Payment System: Federal Reserve report urges US faster payments

In early 2015, the Federal Reserve issued the Strategies for Improving the US Payment System paper that outlined the collective thinking of US payment system stakeholders and the Federal Reserve on desired outcomes for...

Fintech Investment triples in 2014

Fintech investments continued at a remarkable pace last year, nearly tripling in the US in 2014, according to a new report by Accenture and the Partnership Fund for New York City. The value of fintech...

First Annapolis m-payments study

Direct Carrier Billing Direct-to-carrier billing (DCB) has emerged as yet another way that mobile is altering the payments landscape. Several service providers are using the technology to enable consumers to enter their phone number and...

Mobile payments and banking insights

Please contact alex@mobilepaymentsworld.com for illustrations referenced in this article. According to recent research studies by SYNERGISTICS RESEARCH it was found that almost one-fifth (18%) of internet households report that they have done some type of...

The Mobile Money Revolution? – A survey by AudienceScapes

A majority of Kenyan adults have used mobile money (m-money) services, according to the 2009 AudienceScapes national survey of Kenya conducted by InterMedia. However, most of the m-money crowd is only sending or receiving...

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

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...

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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