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US e-commerce market slowing with growth slipping to 6.4%

26 Feb 20 @ 11:03

US e-commerce retail sales grew significantly slower year over year in January 2020 than in December and for 2019 overall, according to the U.S. Department of Commerce advance monthly figures.... read more

Intuit agrees $7.1 billion price tag to acquire Credit Karma

25 Feb 20 @ 12:45

Intuit, which already owns TurboTax and QuickBooks, has agreed to buy credit report provider Credit Karma for $7.1 billion as consolidation sweeps the financial technology industry. The deal highlights the... read more

Elavon to sell Mexican acquiring operation to Santander

24 Feb 20 @ 09:25

Elavon says it will divest its Mexico-based operations to Santander. The deal, subject to regulatory approval, is expected to close in the next few weeks. Elavon currently provides payment processing... read more

Apple Pay set to account for 10% of all global card transactions by 2025?

21 Feb 20 @ 16:11

Apple’s mobile wallet is growing very fast and taking a chunk of card payments around the world with it. Apple Pay accounts for about 5% of global card transactions and... read more

RANKED: The countries most at risk of cyber crime

21 Feb 20 @ 12:25

The severity of cyber-breaches and cyber crime has become more and more intense in recent years. As a result, security experts at Specops Software sought to find out which (Western)... read more

Why banks and merchants must consider local and alternative payments

21 Feb 20 @ 12:14

As an online merchant, it can be hard enough to get the basics right – from choosing the best vendors to power your online store, through to the endless demands... read more

Russia’s MIR payment network expands into Tajikistan

21 Feb 20 @ 12:07

The acceptance of MIR National Payment System cards has been announced in Tajikistan, opening up access to Russians who live in, or travel to, the country. Other countries where MIR... read more

Global technology companies face probe into deals going back a decade

20 Feb 20 @ 11:14

Amazon, Apple, Alphabet, Facebook and Microsoft are facing a new wave of scrutiny over whether they stifled competition by buying up smaller rivals. The Federal Trade Commission has asked the firms... read more

Asia Pacific – Time to rethink your fraud management strategy?

19 Feb 20 @ 10:10

According to PwC’s 2018 Global Economic Crime and Fraud Survey, 61% of banks across the globe experienced an increased volume of external fraud in 2018, with 59% stating that the... read more

Rapyd and Visa team to drive adoption of FinTech services

19 Feb 20 @ 09:34

Rapyd announced a new agreement with Visa that will help Rapyd expand its worldwide business operations. Rapyd will collaborate with Visa to offer FinTech and payment  services where both firms... read more

RegTech: State of regulatory reform 2020

18 Feb 20 @ 15:15

Financial technology has displaced the 2008 financial crisis as the main issue driving the international regulatory agenda and RegTech. As such, it is likely to have a significant influence on... read more

Maxa Online Contactless brings SCA compliant contactless card payments to e-commerce

18 Feb 20 @ 08:30

Maxa has launched the World’s first Strong Customer Authentication (SCA) compliant payment method using contactless payments cards for e-commerce. This solution brings multiple benefits for everyone in the card payment... read more

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Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more