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Turkish banks forced to drop Mir as US sanctions pressure grows
The US has been applying considerable pressure on countries it sees as helping Russia evade the sanctions placed on it due to its invasion of Ukraine. This week, three Turkish... read more
The post Turkish banks forced to drop Mir as US sanctions pressure grows appeared first on Payments Cards & Mobile.
Beyond payments: Why banks need to embrace the super wallet
Traditional banks cannot avoid adapting to the new requirements and desires of their customers if they want to stay relevant. The focus, therefore, should be on creating a compelling mobile... read more
The post Beyond payments: Why banks need to embrace the super wallet appeared first on Payments Cards & Mobile.
Mobile transaction security is failing – here’s how to fix it
In a new white paper, digital transaction security specialists CyberloQ argue current paradigms for securing mobile transactions don’t work. Failsafe authentication, including laser-focused geolocation technologies, are a must if we’re... read more
The post Mobile transaction security is failing – here’s how to fix it appeared first on Payments Cards & Mobile.
Reserve Bank of Australia shifts position on Least Cost Routing
The Reserve Bank of Australia (RBA) has announced a marked change in its position on Least Cost Routing (LCR) – how banks and credit card companies prioritise payments in the... read more
The post Reserve Bank of Australia shifts position on Least Cost Routing appeared first on Payments Cards & Mobile.
Rising rates and low growth beginning to hit payments industry
PCM considers the impact of stagnant or declining economic growth, rising interest rates and growing regulatory strictures on the payments industry. As conditions worsen to a point not seen in... read more
The post Rising rates and low growth beginning to hit payments industry appeared first on Payments Cards & Mobile.
