Daily news

13 Jun 17 @ 10:41

Fiserv is reported to have agreed to buy embattled UK financial services technology firm Monitise for £70m ($88.72 million). AIM-listed Monetise, worth about £2bn  at its peak in early 2014,... read more

13 Jun 17 @ 10:08

Issuers have been using Risk Based Authentication (RBA) to great success for some time now. With new legislation coming in, there is confusion in the market about what RBA means... read more

12 Jun 17 @ 16:33

Amazon.com said Thursday that its Amazon Lending service has surpassed $3 billion in loans to small businesses since it was launched in 2011. Amazon is planning to expand its lending to... read more

12 Jun 17 @ 16:22

More than 30 US banks and credit unions are unveiling a unified service to customers this week, called Zelle, after years of watching Silicon Valley innovators from Square to Apple build... read more

09 Jun 17 @ 12:42

Samsung has expanded its Bixby artificial intelligence (AI) platform to include the ability to make payments through Samsung Pay. The voice controlled virtual assistant is currently only available in South... read more

09 Jun 17 @ 12:28

NACHA—The Electronic Payments Association, the steward and rule maker of the ACH Network, has released results from a March-April 2017 qualitative survey of 24 financial institutions representing two-thirds of ACH... read more

08 Jun 17 @ 09:23

A new study released  by Visa entitled “How We Will Pay 2017,” found that more than 80% of Americans have a strong interest in using IoT and connected devices to make... read more

07 Jun 17 @ 10:32

The first nationally sanctioned mobile wallet solution for the United Arab Emirates has been launched. Emcredit, a fully owned subsidiary of the Dubai Economy, will launch empay, a secure mobile wallet... read more

06 Jun 17 @ 16:57

Atom bank, the UK’s first app-based bank, is reported to be delaying the launch of consumer current accounts until at least 2018. Atoms CEO blames forthcoming regulations that make the UK’s personal banking market too... read more

06 Jun 17 @ 16:44

As the first and largest e-commerce market in Europe, the UK is showing no signs of slowing down. With a population of 65.14 million, 77% of whom are e-shoppers, and... read more

06 Jun 17 @ 12:12

What is a bank? The definition is in flux. As the regulatory-driven Open Banking agenda powers innovation and accelerates the fragmentation of a heavily concentrated banking market, incumbent banks must... read more

05 Jun 17 @ 13:56

LG has managed to launch its heavily delayed mobile payment service dubbed LG Pay on Friday, June 2. The digital wallet will  compete with other wallets like Samsung Pay and Apple Pay. According... read more