The monetary damage caused by authorized push payment scams in 2017 among UK consumers was finally revealed to the public for the first time. The figures released to the media shows that UK consumers lost £236 million to authorized push payment scams in 2017, the...

A the Fintech industry grows, many governments want to partner Fintech companies but understanding the cybersecurity these companies offer will be what may finally tip the balance in favor of a partnership between the government and these companies. Blockchain sandboxes provide a medium for...

Demand for Ripple’s platform is on rise as more banks signed the contract: Ripple has been in the limelight after it has entered into assortment of deals with various financial institutions. After more than 100 institutions already using Ripple’s enterprise blockchain solution for global payments,...

Ways GCC Can Flourish In Fintech: In the last decade, digital and mobile inventions have caused distortions in key sectors and changed the expectations of consumers immensely. These technological advancements have turned the tables in the procurement of basic commodities, transportation, and socialization with the...

A checkout free shopping experience is not anymore a concept but now a reality among shoppers in Turkey. Turkish digital wallet outfit BKM recently introduced a system that lets shoppers bypass the checkout and instead pay for their items with their phones. The system offers comfort...

The moment of wearable payments is around the corner, as Visa has reached an agreement with National Bank of Greece and CaixaBank. The purpose of these deals is to allow customers to make secure transactions via their watches and jewellery. Mike Lemberger, head, product and...