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Recent figures released this month by Financial Fraud Action UK (FFA UK) show that card and remote banking fraud increased during the first six months of 2014 due to a growth in deception crimes and use of computer viruses.
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A new study by Efma and Clear2Pay rejects the common assumption that ATMs are purely cost centres and suggests new ways that banks can capitalise on the opportunities they offer.
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How does a bitcoin transaction actually work? This handy infographic from CCN breaks it down.
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| New Products & Technology |
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Alipay customers making purchases and transfers in Alipay’s mobile application, Alipay Wallet, no longer need to enter a password – the company will be using technology from Nok Nok Labs to add fingerprint authentication to the app.
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UK based advertising giant WPP announced today that its unit WPP Digital’s investment division WPP Ventures has launched a new joint company, Polestar, a startup that will provide integrated e-commerce solutions in China.
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Commerzban has led a $15m series-B funding round in payments company Traxpay, with participation from existing investor Earlybird Venture Capital, hoping to see consolidation in the highly fragmented German B2B payment market.
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