Daily news

31 Jan 19 @ 20:54

The Financial Times report that alleged wrongdoings at Wirecard is no reason to launch a criminal probe, according German financial regulator BaFin. The FT reported on Wednesday that a senior... read more

31 Jan 19 @ 12:31

Alternative payment methods such as mobile wallets and digital wallets are steadily gaining ground over more traditional payment methods such as cards, bank transfers and cash in the Asia-Pacific (APAC)... read more

31 Jan 19 @ 12:04

Payment Service Providers are pushing to implement their PSD2 Strong Customer Authentication (SCA) solutions ready for the September deadline. But of course it’s not just them that will be affected... read more

29 Jan 19 @ 14:14

Two-thirds of consumers will abandon mobile shopping transactions out of principle if the process is too difficult, according to latest research. The study of 2,000 UK adults on their mobile... read more

29 Jan 19 @ 11:43

As data breaches and increasingly sophisticated phishing attacks continue to drive online account compromise and financial loss, organisations are finally stepping up strong authentication and investing in stronger, phishing-resistant forms of authentication.“ The... read more

28 Jan 19 @ 17:13

A year ago, Amazon opened a cashierless store called Amazon Go, marking its biggest effort yet to change the way people shop in the physical world. Today a host of other... read more

28 Jan 19 @ 16:55

Zelle has continued to gain traction with users and financial institutions, indicating that there is plenty of room for growth still in the US P2P payments market. Early Warning Services,... read more

28 Jan 19 @ 13:29

Mastercard has stepped in and made a £233 million counter bid to take over payments firm Earthport, as it looks to head off rival Visa’s attempts to buy the company.... read more

25 Jan 19 @ 10:56

Central Bank of Kenya (CBK) data shows that mobile money transactions stood at Sh3.98 trillion ($38.5 billion) last year, having increased by Sh346 billion (10%) from 2017. This translates to... read more

25 Jan 19 @ 09:35

On 1 January 2018, the EU introduced its second Payment Services Directive (PSD2), designed to introduce greater competition to financial services by compelling institutions to share customer data and APIs... read more

25 Jan 19 @ 08:57

PPRO has joined Banking Circle, the financial utility. PerfectCard, the FinTech provider of employee reward and corporate expense solutions, has also joined Banking Circle to streamline payment reconciliation. The latest... read more

24 Jan 19 @ 09:16

The Payment Systems Regulator (PSR) has published its final terms of reference for a market review into the supply of card acquiring services. The regulator notes that card payments are... read more