Daily news

11 Dec 17 @ 16:36

The Islamic finance industry has expanded rapidly in the last decade, growing at around 10-12 percent annually, according to the World Bank. We examine the underlying Shariah principles and how... read more

11 Dec 17 @ 16:24

Banks have been under pressure for some time. This pressure has come from regulators, from customers and from new competition and there is no one front on which banks can... read more

11 Dec 17 @ 15:51

Visa has announced a suite of sensory branding that will support the Visa brand in an expanded universe of connected, payment-enabled devices. These new sound, animation and haptic (vibration) cues will help signify completed transactions... read more

08 Dec 17 @ 15:27

Under assault from regulators since 2008 and distrusted by sceptical consumers, the Financial Services (FS) industry is still trying to fix past misdeeds.  But in the interim, technological advances have... read more

07 Dec 17 @ 08:58

KONA I, a global FinTech leader and a state-of-the-art smartcards and payment solutions provider and Linxens, a global leader in the design and manufacture of microconnectors for smartcards and RFID... read more

06 Dec 17 @ 09:55

The purpose of PSD2 is enabling third parties creating new Financial Services through open APIs to customers’ bank accounts. Such systems already exist but currently rely of questionable methods typically requiring consumers... read more

06 Dec 17 @ 09:39

The banking industry is changing. We’re now in an age where banks are competing on customer experience – and when it comes to making that experience better, using data to... read more

05 Dec 17 @ 09:35

Target has rolled out a proprietary mobile wallet. While the retailer still will not accept Apple Pay or other third-party mobile payment options in its stores, the retailer is going... read more

05 Dec 17 @ 09:23

The heads of several large European banks have told the Financial Times that they are in talks about jointly setting up a cross-border instant payments service. The details are sketchy... read more

05 Dec 17 @ 08:55

The UK Treasury has said that Anti-money laundering regulations should be updated to include Bitcoin and other virtual currencies. The Metropolitan Police says criminals are using crypto-currency cash machines to... read more

01 Dec 17 @ 15:48

2017 was another year of major data security, data loss and hacks. These data breaches have increased pressure on business and individuals alike, to clearly focus on the importance of... read more

01 Dec 17 @ 15:41

Mastercard has just filed a patent for a “Method and System For Instantaneous Payment Using Recorded Guarantees.” This is, in short, a patent for a blockchain-based system that offers instant payment. The... read more