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Report: 2018 trends in Chinese mobile payments abroad

12 Feb 19 @ 16:58

Travelling abroad is no longer a luxury for many Chinese citizens as they are now enjoying rising incomes and better living standards. According to the latest statistics from the China... read more

Bangladesh Bank files lawsuit in partnership with New York Federal Reserve and SWIFT

12 Feb 19 @ 13:35

Back in 2016, The Bangladesh Bank suffered a massive cyber heist. Now, the bank has filed a lawsuit in New York federal court to recover the lost $81 million. The... read more

Yoyo launches omni-channel platform to redefine retail experience

11 Feb 19 @ 10:14

Yoyo says it has combined its in-store digital payments and loyalty experience with a unique  e-commerce solution, enabling retailers to deliver the world’s first integrated and rewarding omni-channel buying experience... read more

Visa increase bid for Earthport to £247 million fending off Mastercard

11 Feb 19 @ 09:18

Visa announced an increased bid for Earthport to £247 million as it fights with Mastercard to claim the companies assets. Last month, Mastercard offered around £233 million for the assets... read more

Societe Generale selects HPS to develop payment operations in Africa

08 Feb 19 @ 13:18

Societe Generale, one of Europe’s largest banks with operations across the world, has selected HPS to improve the payment processing activities for ten African subsidiaries. By migrating to HPS’ technology,... read more

FT Report: The House of Wirecard starting to fall in

07 Feb 19 @ 15:27

In a further update to the ongoing FT (and other party) investigations into Wirecard, it now seems that there is going to be serious fall out from the allegations made... read more

FinTech investment reaches record levels at $31 billion in 2018

07 Feb 19 @ 13:07

The latest FinTech M&A Market Report from international technology mergers and acquisitions advisor, Hampleton Partners, reveals that 2018 witnessed the highest level of investment in FinTech start-ups on record, with... read more

One new bank account opens every 6 seconds in UK

05 Feb 19 @ 16:55

Banking customers are increasingly opening multiple accounts, particularly the younger generations, with up to a third of Millennials and Gen-Zs having opened at least two new accounts in the past... read more

Future of banking: How to seize the Open Banking opportunity

05 Feb 19 @ 09:47

Open Banking regulation is a critically important strategic topic that cannot be ignored due to the size of the opportunity and the potentially disruptive impact it could have on the... read more

All eyes East: Will China dominate payments innovation?

05 Feb 19 @ 09:00

The development of the Chinese payments industry in recent years has been breathtaking. Here are a few proof points: China’s mobile payments sector dwarfs the US. In 2017, China saw... read more

Phygital: is e-commerce crossing the line and moving in-store?

04 Feb 19 @ 15:55

Phygital payments are on the rise. While payments vendors continue to pitch and strategise with a focus on omni-channel, the omni-channel story has already moved on. Omni-channel remains important and the... read more

Wirecard fraud probe continues as group announces investigation

04 Feb 19 @ 15:37

Wirecard has informed investors that an external law firm has been investigating alleged accounting manipulations by “a member of Wirecard’s finance team” in its Singapore operations since May 2018, with the... read more

Curve consider legal action against American Express

04 Feb 19 @ 09:37

Curve says it is considering legal action against American Express after the card network blocked its customers from using Curve’s services this week. Curve enables users to load all of... read more

World’s first global regulatory sandbox opens for business

01 Feb 19 @ 15:50

The Global Financial Innovation Network (GFIN) was formally launched in January 2019 by an international group of financial regulators and related organisations, including the FCA to create a global regulatory... read more

How can banks build a genuine, effective digital culture?

01 Feb 19 @ 15:28

The huge global increase in connectivity, prompted by the launch of mobile devices, has affected banks just as much as retailers. As a result, financial institutions have had no choice... read more

Report: 12 trends reshaping digital banking in 2019

01 Feb 19 @ 14:45

The current pace of change in banking dwarfs any former precedent. And the future of digital banking will match the fastest evolutionary pace ever recorded. A visible shift in the... read more

FT report on Wirecard fraud catches eye of BaFin…for market manipulation

31 Jan 19 @ 20:54

The Financial Times report that alleged wrongdoings at Wirecard is no reason to launch a criminal probe, according German financial regulator BaFin. The FT reported on Wednesday that a senior... read more

Cards dominate e-commerce in West while alternative payments rule in Asia

31 Jan 19 @ 12:31

Alternative payment methods such as mobile wallets and digital wallets are steadily gaining ground over more traditional payment methods such as cards, bank transfers and cash in the Asia-Pacific (APAC)... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more