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UK Banks Bring Swift’s Cross-Border Payments Push to Consumers

Swift is making its first major push into consumer payments, with Barclays, HSBC, Lloyds Bank, and NatWest becoming the first...

Visa Destinations: Experience Is Everything

It is hard to imagine traveling anywhere without a Visa in your wallet or purse—or an American Express or Mastercard,...

Apple Speeds Up Security Patches in Race to Beat AI

AI-driven malicious activity is pushing Apple to speed up how it delivers software updates. Instead of holding security fixes for...

Tencent’s TenPayGo Connects Foreign Payments to WeChat Pay

Tencent is preparing to make China’s digital payments ecosystem more accessible to international travelers with a new app designed to...

How Banks Are Fighting the Scourge of Money Mules

Money mule activity, long associated primarily with money laundering, now fuels a wide range of scams, including identity fraud, payment...

EMVCo Proposes Standards for Stronger Payment Authentication 

EMVCo has released a draft framework that could pave the way for a universal standard for verifiable digital credentials in...

FTC Reports Record Fraud Losses, Warns of Bank Imposter Scams

The U.S. Federal Trade Commission (FTC) reported that total fraud losses reached an all-time high of $15.9 billion last year—an...

Google Cuts App Store Fees, Opens Up External Payments

In a landmark win for app developers, Google will reduce its Google Play fees and allow developers to use external...

AI Could Breach Cybersecurity Defenses, Intelligence Alliance Warns

An international intelligence alliance is warning that artificial intelligence could soon enable highly capable cyberattacks against governments and businesses, potentially...

India’s Skydo Targets North America in Cross-Border Payments Push

Cross-border payments have long been dominated by legacy banking networks, but a new generation of fintechs is challenging that model....

Study Finds Millions Lost to First-Party Fraud in Retail Returns

Consumers are exploiting merchants’ returns process in record numbers, and the costs are adding up. A study of UK retail...

Many EU Crypto Firms Aren’t Prepared for Looming MiCA Deadline

Europe’s Markets in Crypto Assets (MiCA) legislation is a landmark crypto regulatory framework, but most of the region’s crypto firms...