Dear Subscriber,

In this afternoon’s newsletter, Anthony Walton, CEO of Iliad Solutions, looks at the problems which often plague banks and payment providers who want to migrate systems, and how they can be handled with confidence.

Plus, research from e-payment specialist PPRO group has found that nearly half of shoppers will actually abandon their basket and go elsewhere to make a purchase if the merchant doesn’t offer their preferred payment method at checkout.

Enjoy!

In this guest post, Anthony Walton, CEO of Iliad Solutions, explores how businesses and regulators can increase the safety and efficiency of transactions, and introduce technological advances into the system.

Six seconds is all it takes for fraudsters to hack Visa credit or debit card security, a new research study from Newcastle University has claimed.

New research from e-payment specialist PPRO group has found that a third of consumers (31%) criticise merchants for not offering their preferred payment methods while just under half of consumers (47%) actually abandon their online shopping baskets and go shop elsewhere as a result.

The American tech giant has launched its mobile payment service, Apple Pay, in Spain, partnering with Mastercard, Carrefour and American Express.