The National Bank of the Kyrgyz Republic has issued new statements which claim that Bitcoin and other digital currency payments are not legal.

"The only legal tender in Kyrgyzstan is KGS, the national currency. At press time, 1 KGS was worth USD 0.019. The central bank has also warned consumers about the potential risks inherent in digital currencies which do not fall under the law’s responsibility."

"Data shows that the official Bitcoin-Qt wallet has only been downloaded around 1,000 times in the central Asian nation with a population just shy of 6 million, suggesting local digital currency use is not widespread."

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Source Marketo.com

Two-thirds of UK adult smartphone owners would be interested in using a mobile wallet and the ability to collect loyalty points and redeem vouchers were the mobile wallet features of most interest.

"49% of respondents are interested in collecting loyalty points, 43% to redeem vouchers and 32% of respondents were interested in making payments up to GBP 20 (USD 31.25). Only 15% said the same for unlimited payments. These low percentages were likely due to trust issues."

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European card fraud losses for 19 European countries reached a notable EUR 1.55 billion in 2013.

"UK experienced GBP 450 million in losses, the highest level since 2008 and both France and Greece had higher ratios of fraud losses to card sales, at 7 basis points (.07%). The fastest growth of card fraud losses in Europe occurred in Russia, where losses jumped nearly 28% since 2012."

"The UK and France suffered 62% of the total fraud losses for the 19 countries in the fraud map, reflecting their higher rates of card usage, which make them targets for criminals. 10 of the countries saw a rise in fraud compared to 2012, while 9 stayed the same or saw reduced losses."

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Half of customers who shop online blames the retailers for security issues.

"24% of those surveyed either experienced or saw a family member experience being on the wrong side of a fraudulent online transaction."

"43% of shoppers think to change passwords every 3 to 6 months, and 69% use different passwords at different websites."

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