Daily news

04 Jan 21 @ 16:12

Bitcoin surged through the $34,000 mark for the first time, extending a record-breaking rally in the volatile cryptocurrency that delivered a more than 300% gain last year. With trading in... read more

18 Dec 20 @ 11:51

Robinhood has been forced to pay $65 million to settle charges from US securities regulators that it failed to provide its customers with the best prices for trades on its... read more

18 Dec 20 @ 10:33

The group of three domestic Australian payment organisations are set to merge forming a new company to create a “stronger, unified entity that will aim to reduce costs, increase innovation... read more

18 Dec 20 @ 08:00

The Netherlands Authority for Consumers and Markets (ACM) has launched an investigation into competition in smartphone-based NFC payments, examining whether limitations on access to NFC payments functionality on some devices... read more

17 Dec 20 @ 13:29

WhatsApp has introduced a new shopping feature called WhatsApp cart for an easier more integrated m-commerce shopping experience on the platform. The “Add to Cart” feature  enables users to browse... read more

17 Dec 20 @ 11:19

The COVID-19 pandemic has accelerated the digital transformation journey, with increasing numbers of non-finance digital brands embracing Banking as a Service (BaaS). At the same time, there remains a huge... read more

15 Dec 20 @ 13:31

Revolut has extended its business product offering by offering a merchant acquiring platform from which businesses can accept online card payments. Revolut’s chief executive Nik Storonsky announced that merchant acquiring... read more

15 Dec 20 @ 11:25

Worldline has signed a major strategic commercial acquiring alliance with ANZ Bank, one of the largest banks in Asia-Pacific and Australia’s 3rd largest acquirer with a 20% share of transaction... read more

14 Dec 20 @ 16:30

The European Banking Federation today has published Banking in Europe: Facts & Figures, its annual update on the banking sector in Europe. The publication shows that the contraction in the European... read more

14 Dec 20 @ 12:30

A little more than a year ago Mu Changchun, Deputy Chief in the Payment and Settlement Division of the People’s Bank of China (PBOC,) stated that the digital yuan CBDC... read more

11 Dec 20 @ 17:21

Nearly half (40%) of merchants are reporting a rise in friendly fraud over the past 12 months, but the majority are struggling to challenge Google Pay and Apple Pay chargebacks... read more

11 Dec 20 @ 14:15

The UK Supreme Court has ruled that it will allow a $18.5 billion (£14 billion) class action to proceed against Mastercard for allegedly overcharging on interchange fees to more than... read more