Daily news

26 Oct 20 @ 08:20

Jack Ma’s Ant Group has set its sights on raising more than $34 billion in its initial public offering (IPO), putting the Chinese payments group on course to beat Saudi... read more

22 Oct 20 @ 11:29

Mobile wallet adoption is hotting up and gradually displacing traditional payments forms such as cash and cards in India. This has become even more prevalent during the current COVID-19 crisis... read more

22 Oct 20 @ 11:09

PayPal announced it will allow customers to hold bitcoin and other cryptocurrency in its wallet and shop using cryptocurrencies at the 26 million merchants on its network. The new service... read more

22 Oct 20 @ 09:00

A recent webinar hosted by Banking Circle looked at how micro, small and medium-sized enterprises (SMEs) are currently being served when it comes to financial services, and the future of... read more

21 Oct 20 @ 11:20

Over the last couple of days there have been numerous reports around extravagant card scheme fees paid to the major payment networks, retailers had to spend more than £1 billion... read more

20 Oct 20 @ 12:44

The  $5.48 billion mega merger, Russia’s largest corporate deal of 2020 collapsed over the weekend after talks between online bank Tinkoff and internet giant Yandex ended. Discussions over the potential... read more

20 Oct 20 @ 12:28

The G20 has made enhancing cross-border payments a priority during the Saudi Arabian Presidency. Faster, cheaper, more transparent and more inclusive cross-border payment services, including remittances, while maintaining their safety... read more

20 Oct 20 @ 10:12

A leak from the US treasury department’s Financial Crimes Enforcement Network (FinCen) in September showed that even the biggest, most globally respected banks appeared to be allowing money laundering to... read more

16 Oct 20 @ 14:58

Portugal’s Instant Payments platform SIBS, is now able to make pan-European instant payments from Portugal to other markets – until now an exclusive service between national banks. The SIBS platform,... read more

16 Oct 20 @ 09:13

Following the dramatic decline in cash usage and the consequential reduction in ATM estates, the UK Government is backing an initiative to allow people to access cashback in shops without... read more

15 Oct 20 @ 13:26

European banking has been a hotbed of innovation in recent years, as Open Banking regulations, new cloud technologies, and almost universal adoption of smartphones have paved the way for a... read more

15 Oct 20 @ 09:00

New research suggests that the UK’s largest retail banking brands’ ascendency in the savings account market could be under threat. According to the report by Deposit Solutions, a fifth (20%)... read more