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Visa acquires stake in Nigeria’s Interswitch

12 Nov 19 @ 10:41

Visa has announced it will acquire a “significant minority” stake in Nigerian payments platform Interswitch. Interswitch did not provide financial details in its statement but media reports indicate that Visa... read more

Bitcoin Suisse and Worldline to offer cryptocurrency payment acceptance in Switzerland

11 Nov 19 @ 14:44

Worldline and Bitcoin Suisse, the oldest and largest crypto financial-services company in Switzerland, have signed a letter of intent for a partnership to offer cryptocurrency payment services to Swiss merchants... read more

US mobile payments staging a comeback

11 Nov 19 @ 14:08

A new report reveals that the use of mobile wallets and mobile payments by US consumers has rebounded to 2016 levels or higher after a two-year decline. The use of... read more

Why banks and retailers should develop their own mobile payments solutions

11 Nov 19 @ 09:40

Smartphones are central to our daily lives. We manage our personal and business affairs, watch movies, track our health and, increasingly, make payments. Adoption of mobile payments is rising considerably... read more

Quantum Dawn: Financial industry finishes annual ‘doomsday’ cybersecurity exercise

08 Nov 19 @ 10:55

This week, SIFMA (Securities Industry and Financial Markets Association), held the fifth in its series of exercises meant to simulate a catastrophic cybersecurity event in the banking sector, known as... read more

Fraud attacks increase 30% in Q3 as cybercriminals test stolen credentials in advance of holiday retail season

07 Nov 19 @ 10:44

Fraud increased 30% overall in Q3 2019 and bot-driven account registration fraud is up 70% as cybercriminals test stolen credentials in advance of the holiday retail season. The Q4 Fraud... read more

Apple Pay and Google Pay: Do we need to wrap up warmly?

07 Nov 19 @ 09:00

Mobile payment is possible almost everywhere – both for shops and for consumers. Despite this, comparably few customers pay using their smart phones. Will Apple and Google bring the breakthrough... read more

Alipay and WeChat Pay to support international card schemes in mobile wallet

06 Nov 19 @ 10:14

Chinese payments giants Alipay and WeChat Pay have announced they plan to open up their mobile wallet platforms to international card schemes as regulators ease restrictions. The apps, which dominate... read more

UK consumers give thumbs up to biometric verification

06 Nov 19 @ 09:53

UK consumers are keen to use biometric verification in a wide range of circumstances from online shopping and banking to confirming their age at a pub and even voting in... read more

Tokenisation: A high stakes game for stakeholders

06 Nov 19 @ 09:39

Tokenisation has become an important component of enabling secure payments in Canada, and the payment networks are using it to extend their reach and control over the payments ecosystem, according... read more

Millennials choose payments convenience over security

05 Nov 19 @ 15:34

A survey by Compass Plus has revealed that while millennials rely heavily on their mobile phones, they consider them one of the least secure payment methods. The results show that... read more

The Fifth Anti-Money Laundering Directive – Ready or Not?

05 Nov 19 @ 13:47

The 10th of January 2020 marks the date that the banking and payments industry cannot afford to ignore. It is the date the Fifth Anti-Money Laundering Directive (5AMLD) will become... 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