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European Central Bank confirms interest in digital Euro

21 Sep 20 @ 09:01

The ECB says it is still assessing whether to introduce a digital euro and that it will soon share findings of a task force before launching a final public consultation.... read more

US preparing to ban WeChat Pay in the US

18 Sep 20 @ 15:12

The US President, Donald Trump, has issued an executive to ban any transaction involving WeChat, which has over 1.2 billion monthly active users, and potentially other subsidiaries of Tencent, its parent company, within the... read more

Big Tech investments – Where are the giants spending money

18 Sep 20 @ 11:37

From recent reports its is clear that during the COVID-19 pandemic, some big tech giants are taking advantage of the uncertainty to make strategic moves. Q3 2020 has been the... read more

ClearBank offer multi-currency bank accounts via API

18 Sep 20 @ 09:46

ClearBank has become the first clearing bank to offer multi-currency bank accounts via API. In Q4 2020, ClearBank will be able to offer more than 30 multi-currency bank accounts, providing... read more

Human like e-commerce cyberattacks proliferate during pandemic

17 Sep 20 @ 10:16

The COVID-19 pandemic has seen the fastest transition of customers moving to the online space and witnessed an unprecedented surge in the creativity of credential-stealing cyberattacks. Now, online companies adapting... read more

SWIFT announces a new strategy for instant payments

17 Sep 20 @ 08:05

In response to the growing number of Real-Time Payments initiatives taking place globally, SWIFT has announces that over the next two years and beyond it will fundamentally transform payments and... read more

Digital ID framework to begin testing in Canada

16 Sep 20 @ 15:06

The Digital ID & Authentication Council of Canada (DIACC) has announced the launch of the Pan-Canadian Trust Framework (PCTF), a set of digital ID and authentication industry standards that will define... read more

Tesco Bank introduces Open Banking payments for 2.6 million customers

16 Sep 20 @ 14:41

Tesco Bank is to become the first UK bank to introduce Open Banking technology that allows its 2.6 million credit card customers to more easily manage and pay their balance.... read more

Beyond a billion: The mobile money landscape in Asia

15 Sep 20 @ 12:24

In 2019, the mobile money industry reached a major milestone of exceeding 1 billion accounts, where Asia made a remarkable contribution adding 42 million new accounts. Currently, Asia hosts 473... read more

Bank of America sets record for patents filed and granted during H1 2020

15 Sep 20 @ 10:41

Bank of America has recorded the most patents filed and granted in the first half of any year in the history of the company. Demonstrating the seriousness with which the... read more

MYHSM expands strategic partnerships with Compass Plus

15 Sep 20 @ 09:26

MYHSM, a provider of cloud-based Payment Hardware Security Modules (HSM) as a Service has announces its partnership with Compass Plus, an international provider of retail banking and electronic payments software... read more

Hackers steal millions in cryptocurrency – How do they turn it into real cash?

14 Sep 20 @ 14:18

For years criminals have made money through criminal schemes like drug trafficking and counterfeiting cash. In the last decade, criminals have increasingly turned to cybercrime – using hackers to conduct... read more

Trending

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more

Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more

UK Banks complete first live transactions using Tokenised Deposits

27 Sep 26 @ 18:52

Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more