31-08-2011
In this holiday month the PCI Data Security Council has taken the opportunity to update guidelines for merchants using Wireless technology to collect payments and also to issue guidelines for the growing number of merchants employing Tokenization. The Payment Card...
Cheques Reprieved!
12-07-2011
Britain's banks have u-turned and scrapped plans to consign cheques to the history-books. In late 2009 members of the Payments Council voted to set a provisional target of 2018 for the abolition of cheques - which have seen declining popularity...
Cut card acceptance costs simply
11-04-2011
Having seen Chip & Pin widely accepted by cardholders and retailers for face-to-face transactions, the card industry has turned its attention to cutting identity fraud where the retailer and cardholder don’t meet. And after a few years of a...
09-03-2011
Total fraud losses on UK cards fell by 17% compared to 2009. Total 2010 losses of £365.4m are the lowest since 2000 and follow on from a fall of 28% in 2009, says the UK Cards Association. The downward trend is...
23-12-2010
Inflation rose to a six-month high in November denting any hopes of further monetary easing by the Bank of England in the near future. Consumer Price Inflation rose to 3.3 percent last month from October's 3.2 percent, marking the 11th...