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Daimler acquire PayCash Europe to launch Mercedes Pay

20 Jan 17 @ 10:13

Daimler AG, the parent company of Mercedes-Benz, has taken over PayCash Europe with the intent to launch Mercedes Pay. With increasing interest in FinTech and systems, companies are trying to... read more

Nigerian Central Bank bans Bitcoin and virtual currency

19 Jan 17 @ 09:29

The Central Bank of Nigeria (CBN) has barred deposit taking banks and all other financial institutions from the operation of any form of virtual currency. The warning by the Apex bank... read more

Seven critical changes to payments industry as FinTech matures

17 Jan 17 @ 09:34

The FinTech sector is being shaped by shifting market conditions, new regulations, and changes in consumer demands and behaviors. For the past decade, FinTech companies have moved quickly, forcing incumbents to... read more

Bitcoin bubble bursts as volatile price plummets

09 Jan 17 @ 09:41

The Bitcoin price plummeted as much as 23% Thursday afternoon after nearing an all-time high just weeks before, the cryptocurrency extended Friday’s tumble amid concern China will tighten rules on the digital... read more

Bitcoin hits new high of $1,000 as Chinese investors pile in

03 Jan 17 @ 16:50

As 2017 rolled into force, and with the bulk of the other financial markets closed, Bitcoin took to the main stage, hitting a new high of over $1,000. A single Bitcoin ... read more

Central Banks of Korea and Nigeria initiate seperate Blockchain studies

03 Jan 17 @ 13:34

The Bank of Korea has published, as part of an overview of the central bank’s future plans, a report titled “Present Status and Key Issues of Distributed Ledger Technology” detailing policy... read more

Non-cash payments across US and UK to soar by 2026

14 Dec 16 @ 15:53

The value of non-cash payments in the US and UK will reach $46 trillion and £1.44 trillion respectively by 2026, new research from global law firm Paul Hastings shows. In... read more

FinTech Disruptors Report 2017: Banks say partnering with Fintechs is essential

22 Nov 16 @ 12:23

A survey of financial institutions, FinTech start-ups and ecosystem participants across Europe, Africa and the Middle East has revealed that the convergence between the strategies of FinTechs and traditional financial... read more

Blockchain: new DNA for financial transactions?

08 Nov 16 @ 10:38

From modernising payment infrastructure and enhancing security, to driving efficiencies and innovation. Whatever the question, Blockchain seems to be the answer nowadays. Announcements from the last month alone are fairly... read more

Half of global banking customers now using FinTech – World FinTech Report

02 Nov 16 @ 11:41

Half of banking customers across the globe are using the products or services of at least one FinTech firm[1], according to the first World FinTech Report (WFTR) from Capgemini and... read more

42 banks join Japanese Blockchain for payments consortium

01 Nov 16 @ 15:29

SBI Ripple Asia, a joint venture between distributed ledger tech provider Ripple and SBI Holdings, announced in August that a Japanese consortium of 15 banks in a new network will... read more

Should Japan regulate the virtual currency PokeCoins from Pokémon Go?

28 Oct 16 @ 17:42

The Financial Services Agency of Japan is set to decide on what will be a landmark decision on the status and securitisation of PokeCoins, the virtual currency used to breed... read more

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UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more

Visa announces €500 Million European Investment Signals Strategic Response to Payments Sovereignty Push

31 May 26 @ 12:59

The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions acros... more