PAYMENT

Gates wide open to contactless fraud

Contactless payments using cards and mobile devices now drive a significant share of global commerce. But security flaws in contactless technology are leaving the doors wide open to fraudsters, claim […]

Facebook tries new approach in payments

Facebook’s ambitious plans for a new cryptocurrency called Libra may be bogged down by heavy government scrutiny and the withdrawal of key partners from the project. But that isn’t stopping […]

BIS boosts digital currency response

The Bank for International Settlements (BIS) is boosting its response to innovative financial technology such as cryptocurrency by appointing European Central Bank board member Benoît Cœuré as the head of […]