Daily news

03 Jul 20 @ 13:08

To remain competitive and optimise customer satisfaction, application leaders responsible for digital commerce must anticipate the future of consumer payments. Payments have the potential to be entirely cashless, but may... read more

02 Jul 20 @ 14:23

A group of 16 major European banks from five countries (Belgium, France, Germany, the Netherlands and Spain) paved the way for the future launch of the European Payments Initiative (EPI). ... read more

01 Jul 20 @ 16:21

Wirecard’s offices in Germany and two locations in Austria have been raided by Munich prosecutors looking into the €1.9 billion that went missing from the company’s accounts. 12 prosecutors and... read more

01 Jul 20 @ 14:03

Since the beginning of lockdown measures in late March, digital services have been the only recourse for consumers needing to prove their identity in order to access services, whether that... read more

01 Jul 20 @ 10:55

The European Commission says that the caps on the interchange fees retailers pay to process debit and credit card transactions have helped push down prices. The EC published a report... read more

30 Jun 20 @ 16:10

Widespread improvements in the speed and geographic reach of mobile internet have led to the creation new digital banking services driven by cloud computing and intelligent terminal technology. Industry analysts... read more

30 Jun 20 @ 12:41

Despite some countries, like the UK, adding further extensions to the SCA deadline, the EBA is maintaining its strict ruling that the December 2020 deadline must be met. At present,... read more

30 Jun 20 @ 10:23

EBA CLEARING says that its RT1 platform has made considerable progress in building up pan-European instant payment reach across the French retail payments market: the system extends pan-European reach through... read more

25 Jun 20 @ 12:25

Ravelin has released an update to its Global Payment Regulation & Authentication Report, with analysis of billions of transactions during Q1 2020. In the run up to the original PSD2... read more

25 Jun 20 @ 11:49

The former darling of the German FinTech scene, Wirecard has collapsed into insolvency following revelations of a multiyear accounting fraud. Wirecard announced in a regulatory statement that it faced “impending... read more

24 Jun 20 @ 12:10

A group of leading technology, finance and nonprofit companies have joined forces to announce the launch of PayID, a universal payment ID to simplify the process of sending and receiving... read more

24 Jun 20 @ 11:19

Just days after its much hyped launch, Brazil’s Central Bank has suspended Facebook’s WhatsApp payment feature in the country, the app’s second-biggest market with more than 120 million users. The... read more