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PSD2: Opportunities and Risk from the latest regulation – Webinar
PSD2: Opportunities and Risk from the latest regulation – is an important set of webinars organised by PCM including expert knowledge from PSE Consulting and NCR. The Webinars are to be held in early December and are broke down into two parts: PSD2: Opportunities – Understanding the new Payment Services Directive (PSD2) regulation and the [...]
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Blockchain: new DNA for financial transactions?
From modernising payment infrastructure and enhancing security, to driving efficiencies and innovation. Whatever the question, Blockchain seems to be the answer nowadays. Announcements from the last month alone are fairly typical. The Swiss stock exchange said it is building a Blockchain proof of concept for securities processing. IBM and China UnionPay are putting bonus points [...]
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UK card expenditure statistics – contactless continues rise
One in five card payments are now made via contactless, new figures show from the UK Card Expenditure Statistics. Contactless cards were used for 21% of card payments in August 2016, totalling £2.3 billion, figures from The UK Cards Association reveal. In August 2015, they were used for just 7.9% of card purchases. The average [...]
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US fraud losses rising on debit cards – falling on credit cards
US fraud levels are rising across all payment card products, according to First Annapolis’ semi-annual survey of major card issuers, but changes in fraud write-offs vary by product. Survey results1 show that reported cases of payment-card fraud for credit, signature debit, and PIN/ATM debit all increased significantly from 2015 to 2016 writes Casey Merolla, Senior Manager, [...]
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Android malware Trojan targeting mobile banking apps and social media
A new Android malware Trojan has surfaced and is ripping through the entire banking sector in the US and Europe by appearing as a Flash Player App. The Android malware Trojan has already targeted the customers of around 94 major banking and financial apps in US and Europe including Santander, Coinbase, American Express, PayPal, Deutsche [...]
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