Wednesday, March 22, 2023
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Open access, Open banking and Open APIs

UK’s Open Banking Project expanded

The Open Banking Implementation Entity (OBIE), the body set up by the Competition & Markets Authority (CMA) to enable a new, secure way for customers to take control of their financial data and share...

37% of European consumers use mobile banking

More than a third (37%) of almost 12,000 internet users surveyed in 12 European countries are already using mobile banking – and many credit the technology with providing more control over their money. While being...
whatsapp-encryption

What’s up with WhatsApp? Why it’s not as secure as you thought

There’s been a lot of discussion in the media recently about the privacy of calls and messages sent via mobile phones, with some commentators advocating apps like WhatsApp as the answer. While it is true...

Re-designing banking: From the bench to the branch to binary

It's hard to imagine what the Florentine market traders thought would be their impact on the world when they started the western world's first formal system of lending. One thing seems certain however, it's...

Millennials: how banks can capitalize

Personal Financial Management (PFM) tools offering consumers budgeting tools and enhanced visibility into their spending behavior are becoming more widely available. And while not all customers are interested in these services, they appear to...

PKO Bank Polski launches mobile payment service

PKO Bank Polski has launched IKO, a mobile payment service that covers all payment situations. The roll-out includes all Bank’s ATMs and ultimately more than 6,5000 POS terminals of eService, the Bank`s daughter company. From...

Mobile banking and payments set to take off in the UK

The mobile banking and mobile payments battleground in the UK is heating up as industry players manoeuvre into position to take advantage of the opportunities. This is according to a report commissioned by digital banking...

Hewlett-Packard expands its activities in mobile banking and payments

HP says it will further expand its activity in the mobile banking and payments industry, through the signing of a global agreement with Accumulate. Following a successful implementation of the IKO mobile payment scheme in Poland with PKO...

Citibank launches paperless mobile payment system

Citibank India announced a new paperless mobile payment system for its credit and debit card customers that would do away with the charge slips and be implemented for the entire global network of its...

China Mobile buys bank share

China Mobile has bought a 20% stake in Shanghai Pudong Development (SPD) Bank, for 39.8 billion yuan (€4.4 billion). Now the world's biggest mobile operator in terms of number of subscribers (500 million), which...

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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