Fico records spike in cross-border debit fraud
June 25, 2015 - The percentage of fraudulent transactions occurring outside the UK in 2014 on UK debit cards rose 25 percent in a massive sample of cards studied by analytic software firm FICO.
Payments Council publishes ISO 20022 factsheet for real-time payments
June 17, 2015 - A ground-breaking agreement on international cooperation towards ISO 20022 has been reached following a roundtable facilitated by the Payments Council.
Nexo bids to drive unified card payment standards
June 15, 2015 - Nexo, the association set up to develop and promote open standards for card payments, has announced the findings of a study that explores the benefits of harmonising card payment acceptance for Europe's leading retailers.
Visa amends rules to help airline industry fight CNP fraud
June 9, 2015 - Visa Inc. announced at a recent meeting of the Airlines Reporting Corporation (ARC)-sponsored Credit Card Working Group (CCWG) that effective October 2015 it will accept airline-supplied flight manifests as a remedy for fraud payment card chargebacks.
Compass Plus survey reveals industry expectations for mobile technology are immobile
June 8, 2015 - Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has revealed the results of their recent research shows industry professionals believe mobile payments, NFC and contactless technology will reach mass adoption within five years despite previous results indicating they should already be mainstream.
Mobile fintech investment soaring
May 29, 2015 - Fintech may be all the rage, but it is in the mobile arena where the biggest bets are being placed, with over $1.1 billion raised globally across 58 financings in Q1 alone, according to data from CB Insights.
Visa bids to streamline integration between mobile tech companies and banks
May 29, 2015 - Visa Inc. (NYSE:V) today announced a new program that connects financial institutions and technology companies to simplify and accelerate the roll-out of new payment and commerce services.
Tsys and PAX Technology team on EMV certification offering
May 26, 2015 - Tsys (TSS), a leading global payments provider, and PAX Technology, Inc., a global provider of electronic payment solutions, today announced a new semi-integrated solution that can help simplify the EMV certification process.
