Trends

The prepaid sector has evolved into one of the most dynamic and fastest growing areas in the cards market. But with this phenomenal growth, pre-paid is increasingly being targeted by fraudsters. How can scheme operators best mitigate the risks? more

SOA is sweeping the IT world as institutions strive to achieve increased business agility and competitive edge. However, an obstacle to the spread of SOA in the payments industry has been the complexity of payment systems integration and the need for high throughput in such systems. more

Banks' and retailers' legacy card systems are becoming increasingly expensive to support and modify, constraining business agility and reducing competitive edge. Institutions need to replace their existing systems, while at the same time keeping migration risk and cost to a minimum. more

Huge growth in individual current accounts has been accompanied by an increased use of debit cards and a consequent growth in debit card fraud. This in turn is stimulating demand for intelligent fraud detection solutions for the large swathe of middle tier institutions in the United States. more

Institutions participating in the U.K. Faster Payments initiative have a major challenge to integrate their existing payment systems with the Faster Payments infrastructure. They also face the prospect of greatly increased fraud on payment transactions. more