Dear Subscriber,

Our lead story explores a new report that claims global card fraud has risen in the last two years. At least some of that is down to a casual approach to financial data among consumers – especially in Europe – with reports of bad practice such as leaving a note with PINs written down near their card!

We also take a look at what beacon technology can do for payments and whether it has the potential to challenge NFC’s contactless payment supremacy.

Elsewhere in the newsletter, our new infographic examines the latest European payment data and what it tells us about the future of cash, cards and contactless in the region.

Enjoy!

The rate of card fraud is rising around the world despite innovations in fraud prevention and adoption of the EMV standard, according to a new report of 6,000 people from 20 countries.

NFC has revolutionised card and mobile payments payments by making them extremely convenient to use. But, can emerging technologies like beacons surpass even that by completely reducing friction and offering services beyond NFC’s capabilities?

Europe continues to see rapid adoption of emerging payment technologies as consumers in digitally savvy countries like Sweden and the UK continue to drive adoption of methods like contactless across the region. In our latest infographic we take a look at what the latest numbers tell us about the evolution of payments in the region and what they tell us about the future of cash, cards and contactless.

The fusion of social messaging and payments is continuing to increase as Wordline, the payments and transactional services company, and fintech startup SnapSwap signed a partnership agreement for a mobile payment application.