Daily news

24 Mar 17 @ 10:33

On 23 February, the European Banking Authority (EBA) announced its intention to outlaw screen scraping in one of their Regulatory Technical Standards (RTS) complementing the revised Payment Services Directive (PSD2),... read more

22 Mar 17 @ 17:14

The UK is set to roll-out an image-based cheque clearing system from 30 October 2017. The Cheque and Credit Clearing Company have announced that waiting for five to six working days... read more

22 Mar 17 @ 09:19

Cyber security, in particular mobile data security is a big issue. Recent Wikileaks claims of the C.I.A. hacking smartphones have once again brought the issue of mobile security to the forefront. In... read more

22 Mar 17 @ 08:52

The FCA is investigating the role of British banks in the alleged processing of hundreds of millions of pounds for a Russian money laundering scheme dubbed “the Laundromat” the growing scrutiny... read more

21 Mar 17 @ 13:14

Global flows have been a common thread in economic growth for centuries, since the days of the Silk Road, through the mercantilist and colonial periods and the Industrial Revolution. But... read more

21 Mar 17 @ 12:48

Centre for International Governance Innovation (CIGI) has urged G20 members to take control of blockchain technology by building an international, regulatory framework. Blockchain is key for an inclusive, transparent and... read more

20 Mar 17 @ 16:58

Despite increased competition, M-Pesa is maintaining a large lead the Kenyan market, according to official statistics.Over KES1 trillion ($10 billion) of mobile money deposits and withdrawals took place in Kenya... read more

20 Mar 17 @ 14:43

Trend Micro has warned of a new POS malware dubbed MagikPOS, that is being used to attack POS systems belonging to businesses in the US and Canada. The MagikPOS malware... read more

17 Mar 17 @ 12:35

There are a lot of moving parts in the US payments landscape with the ongoing EMV migration to chip technology, growth in mobile payments and contactless payments, and the increasing... read more

17 Mar 17 @ 12:26

In less than a year the revised Payment Services Directive (PSD2) will be implemented in European Union (EU) Member States. The Second Payment Services Directive (PSD2) is a fundamental piece of... read more

17 Mar 17 @ 09:50

UK Competition and Market Authority (CMA) has ruled that the Diebold Nixdorf merger needs a ‘structural remedy’. In order to force the acquisition through, Diebold Nixdorf has agreed to sell its legacy business... read more

15 Mar 17 @ 14:33

Latest data show that more than 41 million merchants and over 2 million ATMs across 160 countries and regions accept UnionPay cards. Over 10 million online merchants based outside mainland... read more