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Digital payments companies launch new EU trade body: EDPIA

11 May 20 @ 16:03

Ingenico Group, Nets Group, Nexi, and Worldline have announced the launch of an EU advocacy alliance bringing together Europe’s independent payment services providers. The “European Digital Payments Industry Alliance” (EDPIA)’s... read more

European Central Bank to focus on retail CBDC

11 May 20 @ 15:35

The European Central Bank (ECB) says it will look into what a retail central bank digital currency (CBDC) form of the euro might look like. The ECB set up a... read more

Payvision changes leadership with new CEO

11 May 20 @ 15:03

Payvision, a global FinTech and omnichannel payments provider, announced today that it has appointed Andre Valkenburg as its new CEO. Andre brings more than 20 years of experience in the... read more

Account takeover fraud is growing fast – There’s a better way to stop it

10 May 20 @ 12:31

Account takeover (ATO) is a major issue for any business looking to protect customer data in the digital environment – and these days, that means pretty much everyone. Adam Lee,... read more

IBM, R3, Mastercard join digital identity consortium Trust over IP (ToIP)

06 May 20 @ 15:47

The Linux Foundation has launched the Trust over IP (ToIP) Foundation with the aim of creating digital identity standards to enable parties to share data with trust. Aiming to ensure interoperability... read more

FCA delays Strong Customer Authentication – EBA under pressure to follow

06 May 20 @ 12:20

The UK’s Financial Conduct Authority (FCA) has delayed the implementation of Strong Customer Authentication (SCA). This is the second delay is has authorised. Last year, the FCA extended the deadline... read more

The World Bank predicts global remittances will fall by 20% this year

06 May 20 @ 11:18

Remittances have played an increasingly important role in the economies of many low-income countries as migrants around the world have been sending an increasing amount of money home in recent... read more

Visa and Mastercard hit quarterly revenue estimates despite COVID-19

04 May 20 @ 15:18

Despite tough trade winds, both Visa and Mastercard have been able to post good quarterly results. Shares of Mastercard rose after it posted Q1 earnings that exceeded expectations. Adjusted earnings... read more

Instant Payment Card: Initiating a SEPA Credit Transfer at the POS

04 May 20 @ 14:51

Smart Payment Association (SPA), the global trade body of the smart payments industry, has published proposals for an Instant Payment Card that would extend SEPA instant Credit Transfer functionality to... read more

Traditional Bank apps surge but Challenger bank app downloads slump

01 May 20 @ 14:06

New research from Nucoro reveals that between 14th March and 14th April, because of the COVID-19 lockdown, around 12% of the adult population in the UK – some 6 million... read more

Finablr uncovers further $1.3 billion in hidden debt as scandal widens

01 May 20 @ 10:48

Embattled foreign-exchange business owner Finablr, has uncovered about $1 billion of debt hidden from its board that may have been used for purposes outside of the company, compounding a scandal that... read more

EPIF calls for delay to Strong Customer Authentication due to COVID-19

01 May 20 @ 09:47

The European Payment Institutions Federation (EPIF) has called for a delay to the implementation of Strong Customer Authentication (SCA) of at least six months in a letter dated 24 April 2020,... read more

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Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more