Daily news

18 Jan 18 @ 17:35

Passwords are no longer passing muster as a security or authentication method. The problem is quantity as much as quality. The average number of passwords registered to a single e-mail... read more

18 Jan 18 @ 17:23

Amazon accounted for circa 18% of online food and beverages sales this year, according to a report by market research firm Packaged Facts. Amazon’s share is double the 9% held... read more

17 Jan 18 @ 13:31

Vantiv has completed its acquisition of Worldpay Group. The combined company, named Worldpay, Inc. creates a leading payments provider uniquely equipped to power global integrated omni-commerce, processing more than 40 billion transactions... read more

17 Jan 18 @ 11:15

Bank of America has applied for or received at least 43 patents for blockchain, the ledger technology used for verifying and recording transactions that’s at the heart of virtual currencies.... read more

17 Jan 18 @ 10:11

European retail organisations have called on authorities to expand the scope of interchange fee controls to tackle other “stupendous” charges imposed by card schemes, as new rules banning merchants from... read more

16 Jan 18 @ 11:30

2018 is here and the business outlook for retailers is looking positive despite what people may think. The New Year retail will be driven by technological advances and payment transaction... read more

16 Jan 18 @ 10:22

PPRO Group have become a direct acquirer for Bancontact, the leading Belgian electronic payment scheme. The relationship will provide merchant aggregators worldwide with an efficient method to allow their merchants... read more

15 Jan 18 @ 19:58

Bank of America, through its P2P mobile payments platform Zelle, says it processed nearly 68 million Zelle transactions in 2017, an 84% increase from the previous year. In Q4 2017,... read more

15 Jan 18 @ 13:00

Around $2 trillion is laundered every year and everyone is paying the price. Banks have huge regulatory overheads. Businesses and consumers encounter friction to open a bank account, transfer funds... read more

15 Jan 18 @ 12:52

November saw the launch of new instant payment schemes in the US and Eurozone. The main commercial banks in the US are behind RTP®, and nearly 600 payment institutions from... read more

12 Jan 18 @ 11:49

The Future of European Fintech Alliance, consisting of 72 European FinTechs, challenger banks and FinTech associations, has taken note of the final Regulatory Technical Standards (RTS) on strong customer authentication... read more

12 Jan 18 @ 11:18

Ripple has announced a tie-up with money transfer company MoneyGram, a move which is significant because the arrangement involves the use of XRP, Ripple’s digital currency, which has recently soared in value but... read more