Daily news

31 Jul 17 @ 15:18

The Bank of England has extended direct access to Real Time Gross Settlement (RTGS) accounts to non-bank payment service providers as part of a wide-ranging effort to inject more competition... read more

31 Jul 17 @ 15:11

The revised Payment Services Directive (PSD2) was adopted with payment innovation and safety to the fore. One of its purposes is to regulate at the European Union (EU) level practices... read more

28 Jul 17 @ 14:59

The size of Apple Pay’s share in the mobile payments market in China will depend on how well Apple Pay fits the needs of the local market and how substantial... read more

28 Jul 17 @ 13:57

A New EU directive coming will make it illegal to surcharge for Debit and Credit cards. In the UK the government has extended this to include American Express and PayPal. In 2010... read more

28 Jul 17 @ 13:49

Bank of America and PayPal announced a strategic partnership that will enable Bank of America customers to transact with PayPal in stores and seamlessly link their Bank of America cards... read more

26 Jul 17 @ 17:23

From watches, wristbands and jewellery to glasses and clothing, the popularity of wearable technology is booming, and so is wearable tech as growing payment opportunity. Despite a relatively slow start, industry... read more

26 Jul 17 @ 13:48

With recent large-scale cyber attacks signalling a growing front in destructive threats and business impact, a new midyear report on cyber threats from iDefense, part of Accenture Security, reveals how... read more

26 Jul 17 @ 09:49

Worldline says it has signed an agreement with First Data for the acquisition of 100% of the share capital of First Data’s fully owned subsidiaries in Lithuania, Latvia, Estonia (together... read more

25 Jul 17 @ 11:31

In less than five months, the EPC’s SEPA Instant Credit Transfer (SCT Inst) scheme will be operational. The implementation of this new and optional scheme – the exact starting date of which... read more

25 Jul 17 @ 10:02

Global non-cash transaction volumes grew 11.2% during 2014–2015 to reach 433.1 billion, the highest growth of the past decade, and slightly above last year’s World Payments Report prediction (Figure 1.1).... read more

25 Jul 17 @ 09:03

UniCredit has started testing with the first pan-European instant payment solution, RT1, in preparation for its instant payments go-live. The real-time payments product will first become available to UniCredit customers... read more

24 Jul 17 @ 15:45

Within the top-10 markets for non-cash transactions volumes, China climbed to third place with 38.1 billion transactions, surpassing 2014’s number three market Brazil, which fell to fourth place with 29.0... read more