Daily news

19 Nov 19 @ 12:36

New research from Emerging Payments Association reveals that realtime payments are growing rapidly in the UK and deploying widely worldwide, signifying potential for business payments for banks and FinTechs. The... read more

18 Nov 19 @ 16:16

As the payments market consolidation continues, Elavon has agreed to acquire Sage Pay, a well-known and established payments gateway business in the UK and Ireland. Sage Pay is a division... read more

18 Nov 19 @ 10:51

The Federal Trade Commission (FTC) has initiated a preliminary inquiry on Visa and Mastercard for possibly prohibiting merchants from using other debit networks, Bloomberg Law reports. The regulator is looking... read more

18 Nov 19 @ 09:25

Apple has warned that recent changes in German law which will effectively force it to open up its Apple Pay mobile payments system to rivals could hurt data protection and... read more

18 Nov 19 @ 09:00

The future of commerce lies in instant and invisible payments, triggered by the needs and demands of today’s modern consumers: millennials and Gen Z. By 2020, the spending power of... read more

14 Nov 19 @ 16:00

Facebook is consolidating its payment processing for Facebook, Messenger, Instagram and WhatsApp into one brand called Facebook Pay. Deb Liu, Facebook’s VP of marketplace and commerce, says that the singular brand... read more

14 Nov 19 @ 13:49

The European Central Bank (ECB) is considering the infrastructure to deploy its own digital Euro currency as a rival to, as an example, Facebook’s Libra, a draft document from the... read more

14 Nov 19 @ 09:23

Compliance with the FCA’s recent guidance on safeguarding customer funds must be adhered to fully by Non-Bank Institutions(NBIs) – because it’s good for business, and essential to protecting and enhancing... read more

13 Nov 19 @ 18:35

The ecosystem for stolen credit card information comes in several varieties, ranging from low-tier markets selling recycled cards from past breaches, to those at the top tier, with unused card data that... read more

13 Nov 19 @ 15:38

OpenWay has unveiled WAY4 Acquiring Start, an off-the-shelf acquiring solution. It helps banks, processors, PSPs, and retailers launch merchant acquiring – from idea to production – within a few months.... read more

12 Nov 19 @ 14:18

Twenty European banks are reported to be working on setting up a pan-European payment system in order to challenge the perceived dominance of Visa and Mastercard as well as technology... read more

12 Nov 19 @ 12:03

Around the world, banks are opening up their customers’ financial data (with the customers’ consent) to third parties through application programming interfaces (APIs). The global trend of Open Banking allows... read more