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Ant Financial fights back from MoneyGram disappointment with rival blockchain remittance service

25 Jun 18 @ 16:42

After the disappointment of US regulators blocking its purchase of MoneyGram, Ant Financial has taken a step towards dramatically lowering the cost of remitting money overseas in a move that... read more

SWIFT extends gpi to all banks for cross border payments

25 Jun 18 @ 15:49

The SWIFT Community is to universally adopt the gpi service, in a move which will see all 10,000 banks on SWIFT’s global network use the global payments innovation service (gpi)... read more

US merchants pushed to improve payments acceptance and security

25 Jun 18 @ 15:37

The results of a new survey has been released from group of payment networks and card issuers lobbying  against merchants in which the key findings are that merchants should “step... read more

Cyberattackers use Hidden Tunnels to spy on and steal financial data

22 Jun 18 @ 11:05

Vectra has released in-depth analysis that many global financial services organisations are targeted by sophisticated cyberattackers exhibiting the same attacker behaviours that Led to the 2017 Equifax Breach. As part of key findings in... read more

PayPal continues spending spree on Simility

22 Jun 18 @ 09:58

Having splashed out $2.2 billion on iZettle, PayPal is continuing its spending spree on new technology with the acquisition of Simility, a fraud prevention and risk management platform, for a purchase... read more

Europe’s biggest Merchant Acquirers by volume

20 Jun 18 @ 10:07

The 45 largest Merchant Acquirers of card transactions from merchants in Europe processed 67.54 billion payments in 2017. Those transactions, which originated at 10.3 million active merchants, were valued at... read more

Why do the Nordic Banks outsource card processing?

20 Jun 18 @ 09:32

The Nordic countries constitute the most advanced and digitally ready payment market in Europe, and one of the most advanced in the world[1]. Increasingly around the world, banks are starting... read more

The fastest growing global e-commerce markets

19 Jun 18 @ 13:38

India (27%)[1], Philippines (51%), Colombia (45%) the UAE (33%) and China (27%) are some of the fastest growing e-commerce markets in terms of percentage growth, according to the latest worldwide... read more

Square receives cryptocurrency BitLicense for Cash App

19 Jun 18 @ 11:59

Square has recieved the go-ahead from regulators allowing New Yorkers to trade cryptocurrency on the its rapidly growing Cash app. While Square launched crypto trading through its payments app in... read more

WhatsApp pay hits a million as Indian users test payments feature

18 Jun 18 @ 16:21

WhatsApp is lready the largest messaging app in the India with over 200 million active monthly users, WhatsApp has over the past few months quietly rolled out its payments feature (WhatsApp... read more

How real-time payments have changed the face of fraud

18 Jun 18 @ 13:47

Global adoption of real-time payments systems has soared in recent years, enabling consumers to transfer money between accounts instantly, but also irrevocably. In November 2017 the Eurozone launched its cross-border,... read more

Delivering Strong Customer Authentication to support PSD2 Compliance

15 Jun 18 @ 10:32

A new Whitepaper states that the EU Payment Services Directive (PSD2) will undoubtedly facilitate innovation, competition, and efficiency among banks and other payment institutions, especially around Strong Customer Authentication. While... 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