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Fourth Anti-Money Laundering Directive and revised Wire Transfer Regulation

09 Sep 16 @ 09:56

On the 25 June 2015, a new package of EU Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) legislation came into effect with the adoption of the Fourth Money Laundering Directive... read more

Mastercard faces £14 billion anti-competitive card fees claim

09 Sep 16 @ 09:18

A £14 billion legal claim has been filed against Mastercard on behalf of UK consumers seeking damages for anti-competitive card fees. In 2014, the European Court of Justice ruled that... read more

Walmart Pay exceeding retailers expectations

08 Sep 16 @ 17:00

At last week’s CONNECT Mobile Innovation Summit in Chicago, Walmart Services SVP Daniel Eckert revealed that Walmart Pay, the retailer’s proprietary mobile payment app, already boasts 20 million active users... read more

Card payments worldwide set to increase 55% to 417 billion

08 Sep 16 @ 16:47

According to Global Payment Cards Data and Forecasts to 2021, the total number of card payments worldwide increased by 15% in 2015 to 270 billion, almost double the 8% rise... read more

JCB to offer Apple Pay in Japan

08 Sep 16 @ 16:25

JCB announced that Apple Pay will launch in Japan in October to make mobile payments with iPhone 7, iPhone 7 Plus and Apple Watch Series 2. JCB has been a... read more

What are the options for retail banks to prepare for their future?

07 Sep 16 @ 13:44

Disruption, innovation, Uberisation, disintermediation, Fintechisation, regulation… all of these words are nowadays perceived as challenges for the retail banks and their business. Media and experts are fond of predicting that... read more

Masterpass gathers momentum in Europe – breakthrough year for digital payment service

07 Sep 16 @ 13:00

As the share of digital payments in Europe keeps on growing to reach 38% of payments by 2020, the continued transformation of Mastercard is driven by the rapid growth and... read more

Digital Payments in India – the making of a $500 billion ecosystem

07 Sep 16 @ 11:58

Over the past few years, the payment landscape in India has mirrored developments occurring in the global payments arena, albeit with a time lag. Although digital payments in India is... read more

Mobile payments study – opportunities for banks

06 Sep 16 @ 11:37

First Annapolis recently completed the third edition of its semi-annual Study of Mobile Banking & Payments tracking consumer adoption and use of mobile banking and payments products. Given the energy... read more

Ingenico shares suffers after cutting 2016 sales forecast

06 Sep 16 @ 10:32

Underscoring investor skittishness and low tolerance for earnings disappointments, French payments firm Ingenico Group fell nearly 13% in heavy volumes, after the cutting its full-year targets in the wake of... read more

10 facts about e-commerce and cart abandonment

06 Sep 16 @ 10:20

The problem for most online e-commerce stores is that cart abandonment is on the rise. The data has shown a continuing upward trend, with a near 15% rise in online... read more

Google rumoured to start Android Pay service in Japan

05 Sep 16 @ 14:58

Google is rumoured to start the Android Pay, digital payment service, using smartphones in Japan as early as autumn, in cooperation with Mitsubishi UFJ Financial Group, sources close to the... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more

Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more