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The top 50 ACH receivers and originators by volume in 2018

28 Mar 19 @ 09:53

NACHA has released its Top 50 rankings of originators and receivers of ACH payments for 2018. The Top 50 originating financial institutions accounted for volume of more than 19.7 billion... read more

Card payments rise to 24% of total e-commerce spend

25 Mar 19 @ 16:36

Card payments online are growing at double digit rates and will continue to increase significantly faster than card spending at physical outlets to account for nearly a quarter of all... read more

Why so many banks missed PSD2 deadline and what are the consequences

25 Mar 19 @ 10:13

One of the two biggest PSD2 deadlines mandated has been and gone without without anybody really raising an eyebrow. More importantly, March 14 passed without the compliance of 41% of... read more

IBM launches global payments network based on blockchain

25 Mar 19 @ 09:29

IBM has created a real-time, global payments network to support cross-border transactions and foreign exchange in more than 50 countries using cryptocurrencies or “stable coins.” IBM Blockchain World Wire will... read more

Fraud Report: losses on UK-issued cards totalled £671.4 million in 2018

22 Mar 19 @ 16:35

Fraud losses on UK-issued cards totalled £671.4 million in 2018, a 19% increase from £565.4 million in 2017. At the same time, total spending on all debit and credit cards... read more

Instagram launches Checkout on Instagram

22 Mar 19 @ 16:01

Instagram has launched a new shopping function called Checkout on Instagram. The additional functionality, only currently available in the US with 20 big brands, means you can purchase directly through... read more

How to monetise: The next big thing for Voice Assistants

22 Mar 19 @ 12:47

Voice assistants continue to gain momentum, but there’s still little clarity around how this new interface affects the brand-consumer relationship, and how brands need to reposition themselves in light of... read more

EU cross-border e-commerce market hits €137 billion in 2018

21 Mar 19 @ 17:55

Cross-Border Commerce Europe has released a piece of research covering and ranking the 500 strongest European players with a focus on cross-border e-commerce performance. Total online EU cross-border market represents... read more

Commercial Virtual Card payments to exceed $1 trillion by 2022

21 Mar 19 @ 16:50

A new report has found that the annual value of virtual cards (temporary card numbers only available for a single transaction or limited time) used by businesses will grow 90% over... read more

FIN7 gyber gang: Inside Astra Panel and SQLRat Malware

21 Mar 19 @ 09:57

Despite the arrests of three prominent members of the FIN7 cybercrime gang beginning in January 2018, attacks targeting businesses and customer payment card information did not cease. The latest evidence involves the... read more

The future of shopping is connected, virtual and augmented

19 Mar 19 @ 16:34

McKinsey has announced the findings of a future of shopping survey conducted with 2,624 consumers in France, Germany, UK and the US. The research entitled, ‘The Future of Shopping: connected,... read more

EBA PSD2 register of payment and electronic money institutions

19 Mar 19 @ 13:45

The European Banking Authority (EBA) has launched a central electronic register under the Payments Services Directive (PSD2). The register will provide information on several thousand payment and electronic money institutions... 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