E-Money RSS
World of Warcraft or World of Cyber Crime-Craft?
In the coming months, there are stong warnings that cybercrime and money laundering in online games – such as World of Warcraft – will be a growing concern. As regulators continue to implement more requirements and guidelines to ensure financial institutions squash felonious trading, criminals are seeking out alternatives ways to manoeuvre their illegal activity. [...]
The post World of Warcraft or World of Cyber Crime-Craft? appeared first on Payments Cards & Mobile.
Post Brexit EU Financial Institute passport confusion as both sides flex muscles
There are growing fears in the industry that post Brexit, the UK will lose the passporting rights that allow financial services companies licensed in one EU state to provide services across the bloc, rather than having to win licences in individual countries. The scale of disruption that Brexit could cause in the Financial Institutions in [...]
The post Post Brexit EU Financial Institute passport confusion as both sides flex muscles appeared first on Payments Cards & Mobile.
What are the options for retail banks to prepare for their future?
Disruption, innovation, Uberisation, disintermediation, Fintechisation, regulation… all of these words are nowadays perceived as challenges for the retail banks and their business. Media and experts are fond of predicting that all services still part of the current core business of banks will be provided by new players from outside the banking sector. This transformation will [...]
The post What are the options for retail banks to prepare for their future? appeared first on Payments Cards & Mobile.
Digital Payments in India – the making of a $500 billion ecosystem
Over the past few years, the payment landscape in India has mirrored developments occurring in the global payments arena, albeit with a time lag. Although digital payments in India is a recent phenomenon, the trend has displayed an exponential growth in the sub-continent, with rapid growth being witnessed in digital payment transactions. India now represents [...]
The post Digital Payments in India – the making of a $500 billion ecosystem appeared first on Payments Cards & Mobile.
Nets Holding announces plans for IPO
Nets says it plans for an initial public offering, with Scandinavia’s biggest payments processor is aiming to raise DKr5.5bn ($824m) through the issue of new shares and a partial sell down by its private equity owners. The planned flotation on the Danish stock market comes only two years after it was bought by Bain Capital [...]
The post Nets Holding announces plans for IPO appeared first on Payments Cards & Mobile.