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Traditional payments industry wisdom states that EMV is extremely effective solution for curbing down ‘card present’ (CP) fraud, but that EMV is at the same time completely ineffective in curbing ‘car...
It’s a major regulatory development and there are just two years to prepare for compliance. The time to understand the impacts and implications - and to get ready for implementation - is now. The cloc...
Interesting to read that Apple is reportedly deciding when, not if, to cancel music downloads from iTunes. The idea, of course, is to move everyone over to its Apple Music streaming service. This got ...
When I’m asked how risk and financial data can become an asset, I find it easiest to put this into financial terms: Once you have data assets. You can value them. It makes sense that as data becomes m...
The digital payments race is creating new opportunities for our industry to provide consumers with a plethora of ways to pay. We as an industry must do more to ensure that however a consumer wants to ...
Virtual currency or virtual money was defined in 2012 by the European Central Bank as “a type of unregulated, digital money, which is issued and usually controlled by its developers, and used and acce...
Ditch the hype. It’s time to face up to the reality of blockchain Let’s cut to the chase. Blockchain is a combination of four existing technologies put together to create something new. These technol...
Nowadays, rare company goes without ‘teamwork’, ‘cooperation’, ‘friendly environment’ and other beautiful words when presents its business on website homepage or publicity leaflets. It is common knowl...
Banking in Connected Cities City planners, councillors, governments and architects have been considering the possibilities of connected cities for years now; it is only people outside of these profe
The Dawn of the “Bank of Things” Over the past ten years, I’ve seen analysts’ forecast of the number of devices connected to the internet grow from 2 billion to 50 billion. The reality is we simply d...
Some pretty powerful words were shared at this year’s NACHA Payments 2016 conference. In a world where faster payments are coming, forget about thinking big. It’s all about creativity. While the U.S. ...
Former Treasury Secretary Larry Summers has come out and said that uses of blockchain, the technology underpinning Bitcoin, is "overwhelmingly likely" to change the financial industry.* Larg...