Daily news

21 Apr 20 @ 18:44

Whilst it has been well documented that contactless transactions are surging across the globe there have been reports that Russians are stockpiling cash. About 1 trillion rubles ($13.6 billion) has... read more

20 Apr 20 @ 15:46

It has been rumoured that Google is developing a physical and virtual debit card allowing consumers the flexibility to make payments at places that aren’t equipped with POS terminals. The... read more

20 Apr 20 @ 12:09

Payments Europe welcomes that the European Commission has started assessing the impact and consequences of the Interchange Fee Regulation (IFR) and has written a paper to support this. The European... read more

20 Apr 20 @ 09:34

Regulations and ongoing rollouts of contactless terminals at POS are boosting card acceptance networks, with cardholders throughout Europe increasingly using their cards for low-value payments – regulatory factors are playing... read more

17 Apr 20 @ 11:34

The P2P lending economy of China was one of the biggest markets that happened to the economy as investment options diversified, and loans were made available for even those who... read more

17 Apr 20 @ 10:55

Santander has announces the launch of PagoFX, a low-cost international money transfer service, with a view to taking on TransferWise and others, in the UK. The service is available via... read more

16 Apr 20 @ 11:23

The global payment industry has undergone massive change during the past decade, with more and more people utilising the benefits of FinTech. The global shift towards a cashless society has... read more

16 Apr 20 @ 10:29

When hackers silently forced their way into the computer network Finastra in mid-March, the company was focused on developing emergency plans for operating amid the emerging COVID-19 coronavirus pandemic. Moving... read more

16 Apr 20 @ 08:30

A UK cybersecurity startup, swIDch, has announced an alternative technology to overcome the limitations of numberless cards by using dynamic PANs (primary account number), thereby creating a new security environment in... read more

15 Apr 20 @ 12:50

Safaricom of Kenya and Vodacom of South Africa say that they have completed the acquisition of mobile money platform M-Pesa from Vodafone. “The transaction… will accelerate M-Pesa’s growth in Africa... read more

15 Apr 20 @ 11:39

Payments app MuchBetter and Swiss watch smart glass provider, Winwatch, have teamed up to launch a unique analogue payments steel watch with smart payment functionality. It is the first watch to use “STISS”... read more

15 Apr 20 @ 10:54

OpenPayd, an API-first Banking-as-a-Service provider, has announced it has enhanced its payments capabilities with direct access to the SEPA payment scheme (Single Euro Payments Area). The new integration will see... read more