22 December 2014

All News

US community banks are calling for a crackdown on merchant security protocols after reissuing nearly 7.5 million credit and debit cards at a total cost of more than $90 million as a result of the Home Depot data breach.

Banking customers now handle more of their banking interactions, on average, via smartphones and tablets than through any other channel, says Bain and Company, which surveyed roughly 83,000 consumers in 22 countries to reach its conclusions.

Apple Pay has the ability to significantly transform the mobile payment space says ITG Research, on the release of figures which show that iPhone users were responsible for one percent of digital payment dollars spent in the month of November.

With the price of bitcoin continuing to crater, Silicon Valley-based crypto-mining outfit PeerNova has raised $8.6 million in funding to refocus its business on blockchain-based enterprise products.

The UK's Payments Council has committed to explore options for incorporating richer data sets alongside business and consumer electronic payment transactions.

British consumers are increasingly prepared to switch banks to access mobile payments, as anticipation for new ways to pay builds, according to new research from mobile payments company Zapp.

Latest TV

Features and analysis

More News

Royal Bank of Canada has implemented Host Card Emulation for its mobile banking app, enabling customers to pay with most Android mobile phones without worrying about being on the right mobile network or having the right SIM card.

Consolidation among domestic vendors of core banking products in North America has created a rare opportunity for international players such as Temenos, Infosys, and TCS to establish a toehold in a market forecast to be worth $3.3 billion by 2017, according to a report by Celent.

Retail banking

EU agrees interchange reforms

18 December 2014  |  12

The fees that banks charge retailers to process shoppers’ payments should be capped under uniform rules across the EU following a deal struck by Economic and Monetary Affairs Committee and EU Council negotiators.

Apple claims that banks representing up to 90% of credit purchase volume in the US are now signed up to its Apple Pay product.

Latest company announcements

19 December 2014 19 December 2014 19 December 2014 19 December 2014 19 December 2014 19 December 2014 19 December 2014 18 December 2014 18 December 2014 18 December 2014 18 December 2014 18 December 2014 18 December 2014 18 December 2014 18 December 2014 18 December 2014 18 December 2014 18 December 2014 18 December 2014 18 December 2014 18 December 2014 18 December 2014 18 December 2014 18 December 2014 17 December 2014

Best of the web

Latest jobs

Basic 1-1.3 million SEK - OTE 2.5 million SEK / IN...
Stockholm or London (possibly Oslo or Copenhagen)

£300K + package with no upper limit
London based with substantial travel in the Region

Find your next job

TV: The Asset Servicing Evolution Stuart Martin, Global Head of Asset...12 December 2014
TV: Risk Data Challenges, Market InsightKate Toumazi, Global Head of Risk D...12 December 2014
TV: The freedom to innovate the bankSameem Jaffrey, Founder Aptitude Ad...01 December 2014
TV: Digital transformation in corporate bankingBalazs Fejes, SVP, global head of B...28 November 2014
TV: Meeting RDA compliance for 2016Mike Zehetmayr, Partner, European F...25 November 2014
TV: The debate on the governance of global financeProfessor Erik Jones of The Johns H...24 November 2014
TV: A big demand for big dataAstrid Thorsen, head of business in...17 November 2014

Featured contributor

OpenText