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It is with great regret that Innovate Finance has decided to cancel IFGS, scheduled to take place on April 20-21 at Guildhall, London, due to ongoing industry concerns around the spread of the COVID-19 virus.

Global technical body EMVCo has confirmed its security evaluation methodologies and processes support IoT payment use cases, enabling emerging solutions and devices to be evaluated quickly and efficiently.

ACA Compliance Group (“ACA”) announced today the availability of its new payment and fraud risk assessment (“PFRA”) offering, which is designed to help firms identify and remediate vulnerabilities within payment flows in order to reduce the risk of costly fraud issues.

Today the PCI Security Standards Council (PCI SSC) published a new data security standard for solutions that enable merchants to accept contactless payments using a commercial off-the-shelf (COTS) mobile device (e.g., smartphone or tablet) with near-field communication (NFC).

Fresh from a renewed attack of the gremlins on its IT infrastructure, the UK's TSB has pledged to become more digitally-focused, closing branches and investing £120 million on mobile and online channels over the next three years.

Nearly two thirds of organisations around the world that accept card payments are putting customers at risk by failing to ensure full PCI DSS compliance, according to a Verizon report.

Policy-makers at a number of central banks around the world are seriously considering developing and issuing a central bank digital currency (CBDC), with a consumer-ready CBDC likely to arrive in the next five years.

2020 will see a development in the standards governing the flow of money to match the increased globalisation of payment processing, according to Deloitte.

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