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Cashless society not on the cards just yet
One in three Brits now carry less than a fiver in cash, a study has revealed. More than one in five (21%) Brits are convinced physical money will disappear over the next 20 years, according to research released today as part of Skrill’s Future of Money campaign. Researchers found that cash is being replaced by [...]
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Global Fraud Report Finds Card Fraud Up 37%
A study of global card fraud in 17 countries conducted by ACI Worldwide (NASDAQ: ACIW) and Aite Group, shows card fraud has increased by 37 percent since 2011 and that more than one-quarter of respondents have been the victims of credit, debit or pre-paid card fraud during the past five years. The report also determined [...]
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legislation on card payments is not in line with consumers’ interests and expectations
The European Parliament’s Economic and Monetary Affairs Committee voted on its report on the European Commission’s Green Paper “Towards an integrated European market for card, internet and mobile payments”. The European Parliament has called for a full economic impact assessment of the EU payments landscape to be carried out before considering any proposal for regulatory [...]
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Indian ATM Industry: Gearing up for the next phase of growth
The Indian ATM industry has witnessed rapid growth in the past decade. Economic development, growing income (especially in the urban areas), and a transition from class banking to mass banking were the main drivers. The industry is now entering the next phase; the main drivers for future growth are likely to be regulatory changes relating [...]
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Taishin Bank and Planet Payment launch Pay in Your Currency in Taiwan
Taishin International Bank and Planet Payment, a leading multi-currency payment and data processor, today announced they are now offering Planet Payment’s Pay in Your Currency service to Taishin Bank’s portfolio of merchants in Taiwan. Pay in Your Currency can offer significant value-added benefits to Taishin merchants and their customers in Taiwan. Pay in Your Currency allows [...]
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