Leading payments platform Wirex today announced their partnership with Mastercard, as they become the first cryptocurrency-native platform to secure Mastercard principal membership. The news further solidifies Wirex’s vision to bring cryptocurrency to the mainstream with the support of Mastercard, the renowned global payment technology company, by giving Wirex additional functionality and control. Read more
On May 18, Tencent’s WeChat, Tsinghua University’s Tsinghua China Data Center, and the Tencent Social Research Institute jointly released a report entitled “The 2020 Pandemic and the QR Code Economy Report”. The report points out that as an important part of the digital economy, the WeChat QR Code Economy has played an effective role in buffering the negative impact of the COVID-19 pandemic. Read more
The U.S. Secret Service this week issued an alert to banks warning banks about an ATM exploit known called “jackpotting.” Continue reading
September marks 10 years since Barclaycard introduced contactless payments to the UK. As Kate King reports it’s since expanded to include wearables and mobilepay – bringing the idea of a cashless society one step closer. Continue reading
Millennials shun any kind of debt, especially credit cards, and their reluctance to pull out the plastic could have lasting repercussions for the financial system and the economy, according to an expert.
This animation explains the practice of automatic teller machine (ATM) skimming, a common form of fraud that involves a compromised ATM that allows criminals to access bank accounts.
The co-founder of digital currency operator Liberty Reserve, Arthur Budovsky, was sentenced to 20 years in prison for what prosecutors say was a money laundering operation of unprecedented size and scope.
U.S. businesses on the eve of a big deadline – the switch to a new, more secure chip-based payment system – but many aren’t ready.
Visa technology facilitates secure consumer payments with the new Samsung Galaxy S6
Mobile payment service by Samsung available in the U.S. starting summer 2015