NFC World

The US House of Representatives has voted to prevent the Federal Reserve from issuing a CBDC (central bank digital currency). US policy makers vote against CBDC The CBDC Anti-Surveillance State Act, introduced by Majority Whip Tom Emmer sought to block the US central bank from continuing efforts toward the development of a digital dollar, expressing […]

In the last six months, two reports from Europol[1] and from the European Association for Secure Transactions (EAST)[2] reveal that the threat against ATM services is rising, especially when it comes to terminal-related fraud attacks that exploit software vulnerabilities, either in the ATM’s operating system or in its connectivity to host. The most important of

PayPal will drive the creation of a new advertising platform with the intent to strengthen the company’s consumer value proposition.      PayPal to build new advertising platform Mark Grether will join as SVP, General Manager, PayPal Ads, and John Anderson has joined as SVP, General Manager, Consumer Group. Advertising Platform PayPal’s long-standing relationships with millions of consumers

Pay.UK, the operator of the UK’s national retail payments system including Faster Payments, Bacs and Direct Debit, has announced the results of its pioneering fraud detection and prevention pilot in collaboration with partners Visa and Synectics Solutions. Pay.UK’s fraud detection pilot exceeds expectations The pilot exceeded expectations with results showing an average 40% uplift in

As losses from software attacks rise, ATM operators should seek wide-ranging protection. In banking and payments, conventional wisdom says cash use is decreasing and ATM services are losing relevance. While cash use is declining statistically, the rate of decline has slowed in recent years – and governments are taking steps to protect access to cash

There are many titles available in a casino gaming section. Some of them are classic table games, while others are live titles and specialty games. Why Casino fans go for online slots? However, most casino fans go for online slots. Consequently, slot games make up a better part of most casino game sections. Slots are

The credit card payments industry is undergoing substantial expansion propelled by technological advancements and the growing acceptance of digital transactions. Credit card payments market worth $1.22 trillion The sector holds importance in the world economy as credit cards are the favoured payment method for numerous individuals and enterprises globally. The surge in online commerce and

The U.S. Consumer Financial Protection Bureau (CFPB) issued a new interpretation under the existing Truth in Lending Act. US moves to regulate BNPL the same as credit cards It states that BNPL (buy now, pay later) companies must provide the same protections for consumers as conventional credit card companies, including investigating disputes, providing periodic billing statements

Trustly says that its proprietary data engine, Azura, has changed consumer payment behaviour across European markets. Such changes include increased frequency and value of payments, faster transactions, and an increase in conversion rates. Key Highlights: Increased spending: Consumers are spending 10.5% more at checkout when paying with Trustly Higher frequency: Consumers are purchasing 8.6% more

Google has introduced three new Google Pay features that they say have been developed listening to direct customer feedback. According to their website, Shoppers tell them the three things they care about most when checking out online are security, convenience and access to smart spending tools. 3 Tools Easily see your card benefits Many credit cards