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FICO reveals winners and losers in fight against European Card Fraud
FICO has published an interactive “fraud map” of Europe that shows how technology has changed the card fraud landscape. The map — accessible atwww.fico.com/fraudeurope — reveals that card fraud has migrated from the UK to other countries, notably France and Germany, over the last few years, due to the UK’s adoption of chip and PIN technology, [...]
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Outdated core banking systems slowing down growth for European Banks
A new survey from Ovum, commissioned by Infosys, reveals that 75% of the European banks are still using outdated core banking systems, which is affecting their ability to accelerate growth. The research covered 65 C-level executives across European financial institutions and highlights that the lack of modern core banking systems is impacting the bank’s ability [...]
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Competition Tribunal hearings begin in Visa/MasterCard price maintenance case
On May 8, 2012, hearings began before the Competition Tribunal (Tribunal) in the Visa/MasterCard price maintenance case. The case, filed by the Competition Bureau in late 2010, is the first civil price maintenance case to be heard by the Tribunal following amendments to the Competition Act in 2009 that included the repeal of former criminal price maintenance offences. In brief, the [...]
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Alternative Payments to rise exponentially by 2015
WorldPay has launched Optimising your Alternative Payments, an in-depth global whitepaper and interactive heatmap of the alternative payments landscape, and the varying cultural preferences of payment types by geography. The alternative payments (AP) market is growing at a phenomenal rate. Today, it accounts for €165 billion of global eCommerce transactions around the world – 22% [...]
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YESpay launch Dynamic Currency Conversion (DCC) for integrated POS
YESpay’s EMBOSS managed EMV chip & PIN payment service is first to launch Dynamic Currency Conversion (DCC) as a standard part of its EasyV-Retail payment client software that integrates into any PC-based Point-Of-Sale (POS) retail system. The EasyV-Retail payment client is now integrated with both DCC and Tax Free Shopping functionality that brings a win-win [...]
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