Issuing & Acquiring RSS

Blockchain, Cryptocurrency, Daily News, E-Money, Fraud & Security, ICO, ICOs, Initial Coin Offerings, Issuing & Acquiring -

Initial coin offerings, or ICOs, are a recent craze in the cryptocurrency world. Despite being just a couple of years old, ICOs have managed to attract a lot of attention. It seems that in the past few months everyone has an opinion about them, both good and bad. Some praise them for enabling startups to [...]

The post ICO Infograph: Revolutionary way to get funded or scam? appeared first on Payments Cards & Mobile.

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Bitcoin, cold wallet, Cryptocurrency, Cryptocurrency exchanges, cryptocurrency market, Cyber Security, Daily News, Digital Currency, digital currency exchange, Fraud & Security, Hacked, Hackers, hot wallet, Issuing & Acquiring, Zaif -

In yet another blow to the burgeoning cryptocurrency market, it has been reported that Zaif, a Japanese digital currency exchange, has had $60 million stolen. Tech Bureau, the operator of Zaif exchange, said it was hacked on September 14. Thieves made off with assets worth ¥6.7 billion ($60 million), of which ¥4.5 billion was customer money. The attack [...]

The post Cryptocurrency exchange Zaif loses $60 million to hackers appeared first on Payments Cards & Mobile.

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AliPay, Daily News, Issuing & Acquiring, MasterCard, Mobile Payments, POS Terminals, QuickPass, UnionPay, Visa, WeChat Pay -

China UnionPay, which in 2015 became the world’s biggest payment card issuer, has announced plans to launch UnionPay branded cards in the UK, a first step in a larger European expansion aimed squarely at challenging its Visa and Mastercard in their key markets. The move comes as UnionPay faces intense competition in its home market [...]

The post China UnionPay eyes major European expansion with UK launch appeared first on Payments Cards & Mobile.

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Daily News, Interchange Fee, interchange fees, Issuing & Acquiring, POS Terminals, Processing & Systems, Regulation -

Visa and Mastercard along with a group of their top US acquirer banks have proposed a $6.2 billion settlement of the long-running antitrust lawsuit over the interchange fees they charge merchants. The $6.2 billion settlement requires court approval but, even if it is cleared, a related dispute over what rules the card networks can impose [...]

The post Visa and Mastercard make $6.2 billion offer to settle US interchange fees case appeared first on Payments Cards & Mobile.

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Cyber Security, Daily News, data breaches, Fraud & Security, Identity, Issuing & Acquiring -

Data breaches are plaguing all industries globally, but some are more affected than others. This infographic looks at some of the differences, including how attractive payments-related data is to criminals targeting different sectors.

The post Infographic: The industries falling victim to Data Breaches appeared first on Payments Cards & Mobile.

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