Prepaid cards market expected to exceed $5.5 trillion dollars by 2028

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Amid hype about alternative payments and digital currencies, prepaid cards are booming – with growth projected to run faster than e-commerce world-wide over the next ten years. Payments Cards & Mobile examines the how and why of prepaid cards, the darker side of their success, and what happens next.

Prepaid cards might be the mid-table sports team of the payments industry: not much written about, not in danger of disappearing, yet never moving much beyond the edges of attention. One hesitates to describe them as “dull but worthy” – yet they are a part of our business that makes little

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Faster and secure payments with the new PSD2 payment initiation service

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The PSD2 enables more convenient, secure, faster and more affordable account-to-account payments in e-commerce and at the checkout in shops.

One of the two new API-based PSD2 services, the Payment Initiation Service (PIS), allows the so-called Third Party Providers (TPP), among others, to access the payment facilities of an account holder’s bank to initiate a SEPA Credit Transfer (SCT), provided the TPP has obtained the account holder’s prior consent.

The consumer stays in full control

By giving this authorization for the payment initiation, the consumer retains full control over his account, which ultimately increases the level of acceptance of the

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The reality of cyber crime in Europe

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Are you aware of just how often real-world offences and cyber crimes are committed across Europe and which countries are most affected?

TechRobot has carried out research on real-world crime and cyber crime rates of the 36 OECD countries, as well as sharing how well informed citizens are about crime.

They have also revealed whether Europeans feel concerned about experiencing certain crimes and how regularly each European country changed their email password in the last 12 months, in response to cyber crime.

Europe is considered one of the safest continents in the world and is the only continent to have

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Smart POS systems like PAX are vital to Merchant Service Providers

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The recent news that a US acquirer had raised concerns about PAX terminal security led a number of Merchant Service Providers’ (MSPs) to ask questions about their approach to next-generation payment terminals. With their business strategies on the line, some MSPs are asking whether smart POS systems really mean smart business after all.

In a new white paper, David Gudjonsson, CEO of pioneering payment security specialists Handpoint, explains why smart POS systems are vital to MSPs future business strategies – and why MSPs should have confidence in the security of PAX devices.

The smart advantage

In recent years, smart

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