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Surge in explosive attacks on European ATMs

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Surge in explosive attacks on European ATMs

Criminals blew up 492 cash machines across Europe in the first half of 2016, an 80% increase on the same period the previous year, according to figures from the European ATM Security Team (East).

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Six Asian countries adopt UnionPay chip card standards

Today UnionPay announced its chip card technology licensing cooperation with seven members of the Asian Payment Network (APN).

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Allpay signs with Eckoh to secure telephone payments

Public sector bill payment services provider, allpay has chosen Eckoh to secure customer payments made over the telephone.

Hackers hit 6000 web stores to steal card data

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Hackers hit 6000 web stores to steal card data

Crooks have injected malicious code into 5925 online stores, enabling them to steal payment card details, according to a Dutch developer.

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Apple Pay launches in New Zealand with ANZ

ANZ New Zealand today brings its customers Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay that’s fast and convenient.

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American Express to provide financing for small businesses through Intuit Quickbooks

Intuit Inc. (INTU) and American Express today announced a partnership that will give qualified QuickBooks Online small business customers who are also American Express OPEN® Business Card Members access to short-term, low-cost financing from American Express to pay vendors and ease the cash flow crunch.

Cards in space: Nationwide takes contactless to the edge of the earth

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Cards in space: Nationwide takes contactless to the edge of the earth

Nationwide has taken the contactless card to the edge of space, conducting a payment from a weather ballon at 100,000 feet above the earth in temperatures of minus 30 degrees.

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Klarna rolls out online retailer financing

Today, Klarna, one of Europe’s leading payments providers, has announced the latest wave of partners to offer its financing solution in the UK.

Wells Fargo forms payments and digital group

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Wells Fargo forms payments and digital group

Wells Fargo has created a payments, virtual solutions and innovation group led by 23-year bank veteran Avid Modjtabai.

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Six commerce startups selected to participate in SVB/MasterCard accelerator

Silicon Valley Bank and Mastercard have selected six startups to participate in Class 5 of Commerce.Innovated., a virtual accelerator designed to help commerce, payments and fintech startups grow their businesses.

Banking will be a funky place to work in two years

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Banking will be a funky place to work in two years

Erik Zingmark, Co-Head of Transaction Banking, and Patrik Havander, Head of Strategy & Communication, Transaction Banking, Nordea, outline the role of digitalisation in banking, how open banking can help financial institutions to stay relevant, and how collaboration with fintechs should be carried out.

India to redefine ATMs as bank branches

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India to redefine ATMs as bank branches

The Reserve Bank of India has moved to redefine ATMs in remote rural areas as bank branches, to counteract the decline in traditional full-feature outlets and improve financial inclusion.

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Mobile Payments soar as Europeans embrace new ways to pay - Visa

Visa Inc. (NYSE: V) According to Visa’s 2016 Digital Payments Study, the number of consumers regularly using a mobile device – whether a smartphone, tablet or wearable – to make payments has tripled in the past year.

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UK financial fraud up by a quarter in first half of 2016

Financial fraud in the first half of 2016 increased by a quarter to £399.5 million, enabled by scams and online attacks, new figures published today by Financial Fraud Action UK (FFA UK) show.

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Digital currency Dash comes to Shake debit cards

Dash, the superior alternative to Bitcoin, today announced a partnership with debit card innovator Shake that will allow customers to purchase goods and services from millions of merchants across the world.

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Q2 unveils fraud alert system for community FIs

Q2 Holdings, Inc. (QTWO), a leading provider of secure, cloud-based digital banking solutions for community-focused financial institutions (FIs), announced today the launch of its Centrix Dispute Tracking System (CentrixDTS™) Fraud Alerts module, an add-on to the case management and Regulation E compliance platform financial institutions use for both fraud and non-fraud transaction disputes.

SolarisBank to develop new banking modules with MasterCard

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SolarisBank to develop new banking modules with MasterCard

Banking-as-a-service platform solarisBank has entered a strategic agreement with MasterCard to use the card scheme's global infrastructure to develop new payments modules for digital startups.

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Payroc buys iTransact Group assets

Payroc LLC, a leading merchant services and payment processing organization, announced today that it has acquired the assets of payment gateway and merchant account provider The iTransact Group, LLC.

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Bank Albilad selects Cashu for payments innovation

Bank Albilad, announced its strategic partnership with CASHU to develop innovative payment products and services for the Kingdom’s fast growing electronic payments market.

Starling makes first debit card payment

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Starling makes first debit card payment

UK challenger bank Starling has completed its first live card payments ahead of its launch in January 2017.

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