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18 DECEMBER 2016

This is the site of Card & Payments World, the well respected international newsletter providing in depth information on mobile, card and online payments and this is our daily news and resource site for subscribers who also receive 11 printed newsletters a year and three glossy magazines.

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101. Bank of America Merrill Lynch and Modo partner (Card & Payments World \| News/Company news) Bank of America Merrill Lynch and Modo partner Goal to achieve payments connectivity Bank of America Merrill Lynch has entered into a strategic agreement with digital payments innovator Modo that ... Monday, 24 October 2016 102. Ecobank heads closer to 100 million customer ambition (Card & Payments World \| News/Company news) Ecobank heads closer to 100 million customer ambition Mobile payment solution to help with goal Ecobank, which has customers in 33 countries, is aiming to reach its 100 million customer ambition ... Monday, 24 October 2016 103. Indian card breach highlights lack of data sharing (Card & Payments World \| News/Fraud and Security) Indian card breach highlights lack of data sharing Full details are still to emerge about the massive breach of Indian debit cards, but the revelations have thrown a spotlight on the lack of data sharing ... Friday, 21 October 2016 104. P2P lending: Trade body calls for tougher regulation (Card & Payments World \| News/Fintech) P2P lending: Trade body calls for tougher regulation Need for more customer awareness of risk in burgeoning sector The UK P2P lending industry’s representative body has called for regulators to ... Friday, 21 October 2016 105. P2P lending: Katipult targets Europe (Card & Payments World \| News/Fintech) P2P lending: Katipult targets Europe Partnership to address security issues Canadian company Katipult has made its first move into Europe with a partnership targeting the crowdfunding sector. Katipult ... Friday, 21 October 2016 106. P2P lending: Jack Henry partners with Visa (Card & Payments World \| News/Fintech) P2P lending: Jack Henry partners with Visa Faster payments for debit cards Payment technology provider Jack Henry & Associates (JHA) has partnered with Visa to deliver faster P2P payments to ... Friday, 21 October 2016 107. P2P lending: Aurora combines FinTech and InsurTech (Card & Payments World \| News/Fintech) P2P lending: Aurora combines FinTech and InsurTech Finnish company partners on new platform Finnish-based Aurora Exchange is launching a P2P lending platform in partnership with two other companies. ... Friday, 21 October 2016 108. Making the best of Brexit (Features/Regulation) Making the best of Brexit There were two good reasons for attending the Brexit & Global Expansion Summit in London. Firstly to find out if anyone can shed some light on plans for the UK exit from the ... Thursday, 20 October 2016 109. PayCommerce secures US$22m and appoints new CEO (Card & Payments World \| News/Company news) PayCommerce secures US$22m and appoints new CEO Former WorldPay and First data executive takes over lead role Cross-border payments network PayCommerce has secured US$22m investment from Tritium ... Thursday, 20 October 2016 110. Lack of EMV acceptance keeps US counterfeit fraud up (Card & Payments World \| News/EMV) Lack of EMV acceptance keeps US counterfeit fraud up Less than a third of merchants accept chip-based payments While the vast majority of US consumers now have EMV cards, merchant acceptance is still ... Thursday, 20 October 2016 111. Challenger targets gap in SME banking market (Card & Payments World \| News/Corporate cards) Challenger targets gap in SME banking market Start-up plans to capitalise on Brexit uncertainty A UK challenger that plans to a gap in banking services to the small business sector hopes to be operational ... Wednesday, 19 October 2016 112. Major spike in rural card acceptance in China (Card & Payments World \| News/Customer Insight) Major spike in rural card acceptance in China Visa and Mastercard poised to play greater role in market Bank expansion into rural areas has been central to a dramatic 43% increase in the number ... Wednesday, 19 October 2016 113. M-payments failing to take off in US (Card & Payments World \| News/Customer Insight) M-payments failing to take off in US Consumers still happier with cash and cards The transition to mobile payments in the US seems likely to be a slow one with consumers showing reluctance ... Wednesday, 19 October 2016 114. Cybersecurity fines to ‘skyrocket’ from 2018 (Card & Payments World \| News/Regulation) Cybersecurity fines to ‘skyrocket’ from 2018 Penalties on firms could increase by up to 90-fold, warns PCI-SSC The PCI Security Standards Council has warned that the EU’s GDPR regulation could ... Wednesday, 19 October 2016 115. New CEO for Wells Fargo (Jobs & People/Jobs & People) New CEO for Wells Fargo A veteran Wells Fargo employee will replace John Stumpf, the embattled CEO of Wells Fargo (WFC) who has unexpectedly retired from the company. Timothy Sloan (right) has been ... Wednesday, 19 October 2016 116. PSD2 or Open Banking API or both (Card & Payments World \| News/Brexit) PSD2 or Open Banking API or both Lawyer explains the implications post-Brexit The Second Payment Services Directive (PSD2) was published in the Official Journal on 23 December 2015 and Member States ... Monday, 17 October 2016 117. Loyalty schemes the missing piece for mobile wallets (Card & Payments World \| News/Corporate cards) Loyalty the missing piece for mobile wallets 94% would use wallets more if they reward transactions Loyalty is having a growing impact on mobile wallet engagement with 94% of consumers saying ... Monday, 17 October 2016 118. Starling Bank debit cards go live (Card & Payments World \| News/Financial Services) Starling Bank debit cards go live Challenger is also developing mobile app UK digital-only challenger bank Starling can now offer debit cards to customers through a partnership with Mastercard and ... Monday, 17 October 2016 119. Behavioural analytics as mobile app security tool? (Card & Payments World \| News/Fraud and Security) Behavioural analytics as mobile app security tool? Observing user behaviour in detail is ‘best chance’ to beat fraud The number of consumers regularly using a mobile device (Smartphone, tablet or ... Monday, 17 October 2016 120. ATM explosive attacks surge in Europe (Card & Payments World \| News/ATMs) ATM explosive attacks surge in Europe Rise is “of great concern” ATM explosive attacks were up 80% in the first six months of 2016, compared with the same period in 2015. A total of 492 explosive ... Friday, 14 October 2016 121. Turkey leads Europe for m-payments (Card & Payments World \| News/Mobile) Turkey leads Europe for m-payments Number of regular European m-payments users triples in last year Turkish people lead Europe in making m-payments, with 91% regularly conducting transactions via ... Tuesday, 11 October 2016 122. German banks to sell payments operation (Card & Payments World \| News/Company news) German banks to sell payments operation Private equity firms and payments firms among potential bidders German banks are reported to be selling off their jointly owned Concardis payments operation. ... Tuesday, 11 October 2016 123. Brexit opinion: The options for PSD2 in the UK (Card & Payments World \| News/Brexit) Brexit opinion: The options for PSD2 in the UK The UK has three options regarding Brexit and the EU’s second Payments Services Directive The views of EPC chairman Javier Santamaria and legal expert Chris ... Friday, 07 October 2016 124. RBS uses chatbots for customer service (Card & Payments World \| News/Fintech) RBS uses chatbots for customer service AI platform will answer specific cardholder queries The Royal Bank of Scotland is piloting a cognitive chatbot to answer customer queries such as ordering replacement ... Friday, 07 October 2016 125. 78% of US cards now have chips (Card & Payments World \| News/EMV) 78% of US cards now have chips New data released on first anniversary of EMV liability shift More than three quarters (78%) of US payment cards in circulation now contain EMV chips, up from ... Thursday, 06 October 2016 126. Corporate mobile payments going mainstream (Card & Payments World \| News/Corporate cards) Corporate mobile payments going mainstream More than US$100bn paid via HSBC platform HSBC says that more than USS100bn in payments have been authorised globally through its HSBCnet mobile corporate ... Thursday, 06 October 2016 127. Yandex.Money offers mobile money transfers (Card & Payments World \| News/Mobile) Yandex.Money offers mobile money transfers Payments via iMessage Russian online payments service Yandex.Money has introduced money transfers via Apple’s iMessage. Apple gadget owners who have ... Thursday, 06 October 2016 128. Two more UK banks adopt Apple Pay (Card & Payments World \| News/Mobile) Two more UK banks adopt Apple Pay 22 FIs now offering system The number of UK banks offering the Apple Pay NFC contactless payment technology to their customers has risen to 22, with the Co-operative ... Wednesday, 05 October 2016 129. Apple Pay launches in tenth country (Card & Payments World \| News/Mobile) Apple Pay launches in tenth country Apple Pay has launched in the Russian market bringing to ten the number of countries in which the mobile payments facility is active. “Apple Pay is driving the ... Tuesday, 04 October 2016 130. MasterCard to enable selfie biometrics (Card & Payments World \| News/Identity) MasterCard to enable selfie biometrics Mastercard is to enable banks to offer customers selfie identification with its Identity Check mobile app across 12 European countries from today. The smartphone ... Tuesday, 04 October 2016 131. Digital transformation at ING to cost €800m (Card & Payments World \| News/Company news) Digital transformation at ING to cost €800m ING is set to invest €800m in digital transformation strategies over the next five years and will affect 7,000 jobs, said Ralph Hamers, CEO of ING. “Customers ... Tuesday, 04 October 2016 132. Amex Canada aims to realise the potential (Card & Payments World \| News/Loyalty/Marketing) Amex Canada aims to realise the potential American Express Canada has unveiled a new marketing campaign which it is calling 'Realize the Potential' and which aims to emphasise the brand's useability in ... Tuesday, 04 October 2016 133. Ripple making waves in payments (Card & Payments World \| News/Corporate cards) Ripple making waves in payments Start-up mocks SWIFT after partnering with banks Blockchain startup Ripple is making big waves challenging the status quo in payments. Not content with announcing ... Thursday, 29 September 2016 134. European fintechs start industry alliance (Card & Payments World \| News/Fintech) European fintechs start industry alliance New body to represent booming sector Nine European cross-border fintech companies have launched the Fintechs 4 Europe Alliance. The aim of the new member-led ... Wednesday, 28 September 2016 135. Payments revolution is coming - experts (Card & Payments World \| News/Customer Insight) Payments revolution is coming - experts Customers will have the final say What does the future look like for new and existing forms of payment? Eight payment experts*, from consumers to CEOs, says ... Wednesday, 28 September 2016 136. PSD2 will not be implemented in the UK (Features/Regulation) PSD2 will not be implemented in the UK - VocaLink planning European base - Special Q&A with David Yates, CEO of VocaLink PSD2 will not be implemented in the UK, which is in the process of ... Monday, 26 September 2016 137. Sibos: Financial crime compliance is ‘outdated’ (Card & Payments World \| News/Regulation) Sibos: Financial crime compliance is ‘outdated’ Bank giant’s legal boss calls for global data sharing standards Major governments worldwide should pass laws improving the sharing of data between ... Monday, 26 September 2016 138. Discover now most accepted global card brand (Card & Payments World \| News/Corporate cards) Discover now most accepted global brand Rapid growth in China acceptance Discover is now the most widely accepted card scheme worldwide ahead of Visa and Mastercard, largely due to rapid growth ... Monday, 26 September 2016 139. IBM and UnionPay test blockchain loyalty points exchange (Card & Payments World \| News/Loyalty/Marketing) IBM and UnionPay test blockchain loyalty points exchange Bank card points can be shared among multiple banks IBM and China UnionPay are conducting a joint project on loyalty bonus points exchange ... Friday, 23 September 2016 140. SWIFT to start daily anti-fraud reports (Card & Payments World \| News/Fraud and Security) SWIFT to start daily anti-fraud reports Latest measure to improve security after bank attacks SWIFT is introducing a Daily Validation Reports tool designed to supplement customers’ existing fraud ... Friday, 23 September 2016 141. Brexit uncertainty ‘silently killing' UK tech (Card & Payments World \| News/Brexit) Brexit uncertainty ‘silently killing' UK tech Question mark over future of half country’s talent The Brexit vote is already leading to actions that are ‘silently killing’ the UK’s technology sector.  ... Friday, 23 September 2016 142. Digital payments now 10% of global transactions (Card & Payments World \| News/Customer Insight) Digital payments now 10% of global transactions China passes UK in digital transaction volumes Global digital payment volumes continue to increase, with annual growth projected to top 10% for the ... Thursday, 22 September 2016 143. Surge in reported cyber-attacks on UK financial firms (Card & Payments World \| News/Fraud and Security) Surge in reported cyber-attacks on UK financial firms FCA broadens focus to smaller companies’ defence capabilities The number of cyberattacks reported to regulators by UK financial services companies ... Thursday, 22 September 2016 144. Raphaels works towards role as bankers' banker (Features/Mobile/Contactless) Raphaels works towards role as bankers' banker Raphaels Bank has added Apple Pay functionality to its prepaid travel card, Cash Passport. This much we know. Where it gets interesting is how they have done ... Thursday, 22 September 2016 145. Dramatic increase in debit card use (Card & Payments World \| News/Customer Insight) Dramatic increase in debit card use Cash now less than half of retail payments Cash fell to less than half of all UK retail transactions for the first time in 2015, while debit cards saw a sharp ... Tuesday, 20 September 2016 146. Synechron launches blockchain accelerators in the Cloud (Card & Payments World \| News/Fintech) Synechron launches blockchain accelerators in the Cloud Programme to cut time-to-market for blockchain initiatives Fintech consulting company Synechron has launched a blockchain accelerator programme ... Tuesday, 20 September 2016 147. Financial fraud soars by 53% (Card & Payments World \| News/Fraud and Security) Financial fraud soars by 53% One incident every 15 seconds in the UK There were over 1 million incidents of financial fraud in the first six months of 2016, according to figures from Financial Fraud ... Tuesday, 20 September 2016 148. Korea joins Australia in Apple Pay fight (Card & Payments World \| News/Mobile) Korea joins Australia in Apple Pay fight Fintechs to file for access to API Payments industry attempts to gain access to the Apple Pay API have gathered speed with South Korean fintechs planning ... Monday, 19 September 2016 149. Central banks plan new measures after SWIFT cyberattacks (Card & Payments World \| News/Corporate cards) Central banks plan new measures after SWIFT cyberattacks Taskforce considers broader crossborder banking requirements The world’s biggest central banks are considering wide-ranging new standards ... Monday, 19 September 2016 150. Banks more trusted than government over biometrics (Card & Payments World \| News/Customer Insight) Banks more trusted than government over biometrics Customers give their views on storage of biometric payment data Consumers trust banks more than government agencies to protect their biometric ... Monday, 19 September 2016 151. IFINTEC (Events/General) 9-10 May 2017 IFINTEC Istanbul IFINTEC is one of the biggest events in EMEA region on banking solutions and finance technology. Key topics are: Banking Technology, Retail Banking, Digital Banking, ... Monday, 19 September 2016 152. Banks must partner challengers to stay relevant (Card & Payments World \| News/Fintech) Banks must partner challengers to stay relevant European institutions are most suspicious of fintechs Banks must work closely with fintech challengers to stay relevant in the growing digital economy. ... Friday, 16 September 2016 153. CashFlows buys online payments provider (Card & Payments World \| News/Company news) CashFlows buys online payments provider Deal will strengthen cross border payments offering CashFlows has completed its acquisition of UK online payments provider iCheque Network. Terms of the ... Friday, 16 September 2016 154. Europe card industry group holds first meeting (Card & Payments World \| News/Financial Services) Europe card industry group holds first meeting The first board meeting of the newly created European Cards Stakeholders Group (ECSG) was held today (September 15). The new industry association takes ... Thursday, 15 September 2016 155. London contactless charity closes due to lack of donors (Card & Payments World \| News/Contactless) London contactless charity closes due to lack of donors Scheme fails after 12 months The Penny for London contactless donation scheme has closed down due to a lack of registered donors. The scheme ... Thursday, 15 September 2016 156. Supermarket giant extends ban on Visa cards (Card & Payments World \| News/Card networks) Supermarket giant extends ban on Visa cards Dispute over interchange escalates Walmart is extending its ban on accepting payments with Visa cards to more of its Canadian stores in a dispute ... Thursday, 15 September 2016 157. Brexit: Financial services needs “more than 2 years” (Card & Payments World \| News/Brexit) Brexit: Financial services needs “more than 2 years” FS bosses warn MPs committee against accelerated exit process Bank of England names Brexit co-ordinator for financial services Financial services ... Wednesday, 14 September 2016 158. Banks lead blockchain deployments (Card & Payments World \| News/Fintech) Banks lead blockchain deployments Total VC investment in tech nears US$300m in H1 The banking sector is being particularly proactive in deploying blockchain projects, with several banks having already ... Wednesday, 14 September 2016 159. PayU buys Indian fintech for US$130m (Card & Payments World \| News/Company news) PayU buys Indian fintech for US$130m Combined payments operation predicted to process US$4.2bn in 2016 Online payments service provider PayU has bought Indian mobile and digital payments technology ... Wednesday, 14 September 2016 160. Bitcoin theat to issuers and acquirers (Card & Payments World \| News/Fintech) Bitcoin threat to issuers and acquirers Networks may benefit, finds report Card issuing and acquiring banks could face serious negative effects from merchant acceptance of bitcoins for payments, ... Tuesday, 13 September 2016 161. Huge rise in US online fraud attacks (Card & Payments World \| News/Fraud and Security) Huge rise in US online fraud attacks International transactions are hardest hit Fraud attacks against online US merchants more than doubled over the last year, confirming predictions that the ... Tuesday, 13 September 2016 162. Rewards cutting continues after interchange cap (Card & Payments World \| News/Regulation) Rewards cutting continues after interchange cap Issuers now targeting rewards propositions at specific segments Nine months after interchange fees came into effect in Europe, card issuers are  ... Tuesday, 13 September 2016 163. MPE 2017 (Events/General) 14-16 February 2017 MPE 2017 Berlin MPE 2017, the Top European merchant payments, CX, POS and card acquiring event. 300+CXOs & MDs, 150+ speakers, 1000+ of participants, 40+countries, 70+sponsors. ... Monday, 12 September 2016 164. "If you don't have a relationship with the customer, you're just a utility, you're just the dumb pipes." (Comment/Comment) "If you don't have a relationship with the customer, you're just a utility, you're just the dumb pipes." Francisco Gonzalez, executive chairman of BBVA has for a long time proved his ability to predict ... Monday, 12 September 2016 165. Raphaels Bank partners with Avuba (Card & Payments World \| News/Company news) Raphaels Bank partners with Avuba Alternative payment account linkup Raphaels Bank Payment Services has signed a deal to support the launch of an alternative payment account for European customers ... Friday, 09 September 2016 166. The Loyalty Magazine Awards 2017 (Events/General) 20 June 2017 The Loyalty Magazine Awards 2017 The Pavilion, Tower of London http://theloyaltyawards.com/ Friday, 09 September 2016 167. £14bn lawsuit filed against Mastercard (Card & Payments World \| News/Interchange) £14bn lawsuit filed against Mastercard Visa likely to escape similar action A £14bn class action lawsuit against Mastercard has been filed on behalf of UK cardholders claiming the payment network ... Friday, 09 September 2016 168. Three companies dominate blockchain funding (Card & Payments World \| News/Fintech) Three companies dominate blockchain funding Opportunity for faster, more secure transactions drives market Three companies accounted for more than a third of the total US$290m venture capital investment ... Friday, 09 September 2016 169. Using a Fintech hammer to crack the charity nut (Card & Payments World \| News/Fintech) Using a Fintech hammer to crack the charity nut Pennies celebrates a great year with an impressive payments and retail turnout Charitable giving has proved a tough nut to crack for the payments ... Thursday, 08 September 2016 170. Barclays and Australian bank link mobile apps (Card & Payments World \| News/Mobile) Barclays and Australian bank link mobile apps Partnership enables international transfers using mobile numbers Barclays has partnered with Commonwealth Bank of Australia (CBA) to link their mobile ... Thursday, 08 September 2016 171. iPhone 7 supports Apple Pay in Japan (Card & Payments World \| News/Mobile) iPhone 7 supports Apple Pay in Japan Headphone woe for Apple as socket is removed The newly launched iPhone 7 will support the rollout of Apple Pay in Japan. Japanese payment brand JCB says it ... Thursday, 08 September 2016 172. Global card use increases at double rate of card numbers (Card & Payments World \| News/Customer Insight) Global card use increases at double rate of card numbers Rising card acceptance and contactless fuel growth The total number of card payments worldwide increased by 15% in 2015 to 270 billion, ... Thursday, 08 September 2016 173. Apple launches iPhone 7 (Card & Payments World \| News/Mobile) Apple launches iPhone 7 A quick heads up that Apple is unveiling its new iPhone 7 and Apple Watch 2 devices at a launch event in California tonight. For latest comment and analysis on the implications ... Wednesday, 07 September 2016 174. Kenya leads financial inclusion rankings (Card & Payments World \| News/Financial Services) Kenya leads financial inclusion rankings Philippines makes most rapid progress, driven by mobile money interoperability Kenya has been ranked top for its level of financial inclusion among 26 ... Wednesday, 07 September 2016 175. SWIFT sanctions screening service tops 500 customers (Card & Payments World \| News/Regulation) SWIFT sanctions screening service tops 500 customers System designed to increase transparency around compliance SWIFT says the 500th bank customer has signed up for the sanctions screening service ... Wednesday, 07 September 2016 176. Romanian-Italian card fraud gang broken up (Card & Payments World \| News/Fraud and Security) Romanian-Italian card fraud gang broken up Fraudsters used phishing and ATM skimming attacks Police have broken up an international criminal group responsible for large-scale misuse of compromised ... Wednesday, 07 September 2016 177. Erste Bank rolls out retail payments and fraud solutions (Card & Payments World \| News/Company news) Erste Bank rolls out retail payments and fraud solutions Erste Bank Hungary (EBH) is rolling out anti-fraud and retail payments solutions as part of its European growth plans. EBH is a member of Erste ... Wednesday, 07 September 2016 178. PayPal expands in-store payments presence (Card & Payments World \| News/Financial Services) PayPal expands in-store payments presence Acceptance partnership with network PayPal is expanding its in-store payments presence through an expanded agreement with Mastercard. PayPal previously ... Tuesday, 06 September 2016 179. Coop Denmark launches loyalty and payments app (Card & Payments World \| News/Loyalty/Marketing) Coop Denmark launches loyalty and payments app 10% of purchases in pilot stores used Beep and Pay solution Coop Denmark is launching a mobile loyalty and payment solution to reward customers with ... Tuesday, 06 September 2016 180. Europe alternative finance market nearly doubles (Card & Payments World \| News/Fintech) Europe alternative finance market nearly doubles P2P lending is largest AltFi sector The European online alternative finance (AltFi) market, including crowdfunding and peer-to-peer lending, grew ... Tuesday, 06 September 2016 181. Ingenico completes payments acquisition (Card & Payments World \| News/Company news) Ingenico completes payments acquisition Purchase will provide greater access to Southeast Asian market Ingenico Group has finalised the acquisition of Nera Payment Solutions, a subsidiary of Nera ... Friday, 02 September 2016 182. Walgreens integrates rewards with Android Pay (Card & Payments World \| News/Mobile) Walgreens integrates rewards with Android Pay 85 million member scheme now featured in two major wallets US health and pharmacy chain Walgreens has become the first US retailer to integrate its ... Friday, 02 September 2016 183. App enables Alipay acceptance in Europe (Card & Payments World \| News/Mobile) App enables Alipay acceptance in Europe Free merchant app requires no POS integration Payment service provider Wirecard is collaborating with Alipay to launch a mobile app enabling European merchants ... Friday, 02 September 2016 184. Grass Roots to be bought by prepaid company (Card & Payments World \| News/Company news) Grass Roots to be bought by prepaid company £90m acquisition of customer engagement provider Employee and customer engagement provider Grass Roots has entered into an agreement to be acquired ... Thursday, 01 September 2016 185. Contactless payments overtake cheques (Card & Payments World \| News/Contactless) Contactless payments overtake cheques Cash remains most common UK payment method The number of people making contactless payments have overtaken cheques users for the first time in the UK, according ... Thursday, 01 September 2016 186. Nets to stage imminent IPO (Card & Payments World \| News/Company news) Nets to stage imminent IPO VC-owned processor plans to raise US$824m Nordic payments processor Nets is planning an Initial Public Offering and to list on Nasdaq Copenhagen as early as October.  ... Thursday, 01 September 2016 187. Visa makes blockchain play (Card & Payments World \| News/Fintech) Visa makes blockchain play Bank partners sought for settlement pilot Visa is seeking bank partners to join a blockchain payments initiative. The payments network has started a partnership in ... Thursday, 01 September 2016 188. Zopa losses increase by £2.8m (Card & Payments World \| News/Company news) Zopa losses increase by £2.8m P2P company doubles loans in last year Peer-to-peer lending platform Zopa has posted increased losses in 2015, while also doubling its loan disbursals during the year. ... Wednesday, 31 August 2016 189. SWIFT banks hit by more cyberattacks (Card & Payments World \| News/Corporate cards) SWIFT banks hit by more cyberattacks Threat is here to stay, says bank messaging system The SWIFT inter-bank messaging system has been hit a new wave of cyberattacks on its member banks. In a ... Wednesday, 31 August 2016 190. Uber partners on local offers with Visa (Card & Payments World \| News/Loyalty/Marketing) Uber partners on local offers with Visa Purchases at merchant earn free rides Uber has partnered with Visa Inc on a programme for Uber riders to earn discounted rides by using Visa credit cards ... Wednesday, 31 August 2016 191. Banks ‘missing out’ on tablet banking opportunity (Card & Payments World \| News/Customer Insight) Banks ‘missing out’ on tablet banking opportunity Less than 10% of digital users access account from tablets Computer or PC banking remains the most popular method with UK customers for accessing ... Tuesday, 30 August 2016 192. Funding: Jumio raises US$15m (Card & Payments World \| News/Company news) Funding: Jumio raises US$15m Cash injection as bankruptcy proceedings continue Digital identification company Jumio has raised US$15m in funding to grow its offering. The company filed for bankruptcy ... Tuesday, 30 August 2016 193. Apple hits out at bank ‘cartel’ (Card & Payments World \| News/Mobile) Apple hits out at bank ‘cartel’ Battle for access to Apple Pay heats up further Apple has fired its latest shot at the major Australian banks that are seeking access to its Apple Pay API, accusing ... Tuesday, 30 August 2016 194. Sophisticated malware attack on Thai ATMs (Card & Payments World \| News/Fraud and Security) Sophisticated malware attack on Thai ATMs Government bank forced to shut down manufacturer's machines Malware called Ripper is thought to be behind an attack on ATMs belonging to the state-owned ... Tuesday, 30 August 2016 195. Mondo becomes Monzo (Card & Payments World \| News/Fintech) Mondo becomes Monzo Fintech bank changes name after legal challenge Mondo have announced its new name, which is Monzo. The UK fintech bank, which received a restricted banking licence earlier ... Friday, 26 August 2016 196. Ripple working with Japan banks (Card & Payments World \| News/Fintech) Ripple working with Japan banks Blockchain solution can reduce cross border fees by 90% SBI Holdings, of Japan, which announced a joint venture with Ripple earlier this year, is piloting a Ripple ... Friday, 26 August 2016 197. China leads global fintech investments (Card & Payments World \| News/Fintech) China leads global fintech investments Asia-Pacific H1 financing is nearly double full-year 2015 Investments in Asia-Pacific fintech ventures, primarily in China, reached US$9.62bn as of July ... Thursday, 25 August 2016 198. Deadline approaches for Payments Strategy Forum consultation (Card & Payments World \| News/Regulation) Deadline approaches for Payments Strategy Forum consultation Have a say on the future direction of payments For those in payments who would like to make their opinions felt to the Payment Systems ... Thursday, 25 August 2016 199. POS breaches show payment system vulnerabilities (Card & Payments World \| News/Corporate cards) POS breaches show payment system vulnerabilities Visa issues warning to check merchant devices for malware Recent data breaches at Oracle MICROS and HEI Hotels & Resorts have shown up vulnerabilities ... Wednesday, 24 August 2016 200. Brexit “no impact” on credit card use (Card & Payments World \| News/Brexit) Brexit “no impact” on credit card use Numbers of purchases actually increases The UK’s vote to leave the EU has so far had no impact on credit card use or consumer borrowing in general, ... Wednesday, 24 August 2016
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