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As artificial intelligence (AI) continues to evolve, so do the risks associated with its misuse, particularly in the realm of deepfakes. Addressing the threat of AI and deepfakes A recent global study, conducted by iProov in collaboration with Hanover Research, sheds light on the growing concern around AI-generated deepfakes and the vital role of biometric […]

As mobile payments continue to rise globally, the need to address the growing threat of mobile payment fraud becomes increasingly urgent. The white paper “Keeping Fraud Away from Mobile Payments” by TPAY Mobile emphasizes the importance of implementing robust anti-fraud measures to ensure the sustainability and growth of the mobile payments sector, particularly in regions

Cash App, a mobile payment service operated by Block (formerly Square), is set to exit the UK market, with operations ceasing on September 15, 2024. Cash App exits UK This decision is part of a broader strategic shift by Block to refocus its efforts on the US market, which has been its primary revenue driver.

Cryptocurrency has had quite the journey so far. It started out as a novel idea that only a few people believed in. 5 ways to make money from cryptocurrency Now, cryptocurrency assets are used around the world and are more famous than they’ve ever been. A big part of this fame is thanks to the

During peak shopping seasons, e-commerce retailers have their work cut out for them in the fight for customer wallets. While steep sales and fun advertising can bring customers in, a poor customer experience (CX) can quickly turn them away. Keeping e-commerce shoppers happy Consumers put a premium on a seamless online shopping experience – they

The rapid advancements in quantum computing are poised to challenge the security of digital data globally, prompting the need for a new generation of cryptographic standards. The quantum computing threat The U.S. National Institute of Standards and Technology (NIST) is at the forefront of this effort, set to unveil three new security algorithms designed to

In a new white paper, leading global payments technology firm RS2 outline the risks presented by instant payments – and what banks can do to manage these risks, and optimize the delivery of instant services to their customers. In an earlier blog RS2 outlined how the risks associated with instant payments include new types of fraud, coping

More US consumers are using debit for more transactions and are spending more in the process. The 2024 PULSE Debit Issuer Study, commissioned by Discover Financial Services and conducted by Banking & Payments Group, finds the total number of debit cards, transactions, and annual spend per active card all increased in 2023. Card-Not-Present transactions account

Payments Cards & Mobile’s exclusive annual review of payments data from the Digital & Card Payments Yearbooks, covering the 33 European Economic Area (EEA) countries (27 member states plus UK, Iceland, Norway, Switzerland, Serbia, Turkey) reveals fierce competition in online payments. Many factors influence and affect the payments and banking system, and increasingly so as

A new survey of fintech leaders reports 91% of them believe that fintech investment will grow again next year. Fintech leaders believe investment will return The survey was completed at Money 20/20 Europe in Amsterdam, and respondents included market-leading companies such as Visa, Mastercard, American Express, Adyen, Worldpay, Barclays and Lloyds Bank Group, as well