Daily news

28 Apr 16 @ 15:23

Intesa SanPaolo, Italy’s biggest retail bank is reported to be in final talks to sell its payments unit Setefi to banking services firm Istituto Centrale delle Banche Popolari (ICBPI) in a... read more

28 Apr 16 @ 13:33

FIS announced that its EMV Terminal Integration Test Solutions for Contact and Contactless have been accredited by four major payment brands. Before bringing a payment terminal in the field, it must... read more

27 Apr 16 @ 15:34

The worldwide wearable device market (commonly referred to as wearables) will see continued growth as second and third generation iterations reach the market. These new devices will build upon the... read more

27 Apr 16 @ 14:33

The Smart Payment Association (SPA), the trade body of the smart payments industry, has released the findings from its annual review of the smart payment card market. Data collated by... read more

27 Apr 16 @ 12:19

As the inevitable consolidation of the European mPOS market begins, SumUp and payleven  announced a merger which will see the combined company operate under the name SumUp. The companies, currently... read more

26 Apr 16 @ 12:11

Mobile point-of-sale (mPOS) is revolutionising the POS terminal industry. Because of this, the market is poised to grow by 400% over the next four years, 46% of all POS terminals... read more

26 Apr 16 @ 11:25

In February 2016 one of the largest cyber heists was committed and subsequently disclosed. An unknown attacker gained access to the Bangladesh Bank (BB) using SWIFT malware. The BB SWIFT... read more

26 Apr 16 @ 10:42

Blockchain could have widespread potential to disrupt financial intermediaries. This in-depth Morgan Stanley study suggests several misconceptions and identifies 10 hurdles to overcome to make blockchain a reality in banking. The opportunity is clear but... read more

26 Apr 16 @ 09:37

Singapore’s DBS bank has decided to go for the mass-market retail customers and has launched a mobile-only bank. The bank say the product will be completely paperless and branchless and will allow customers to... read more

25 Apr 16 @ 17:26

UK e-commerce is expected to reach €173.7 billion (10.5% growth) in 2016, according to a new report. Last year, the British e-commerce industry increased by 11% to €157 billion. The report, United Kingdom... read more

25 Apr 16 @ 17:01

Powa Technologies’ insolvency specialists Deloitte have released its insolvency report into exactly what went wrong at the London payment company that folded spectacularly in February. The company autopsy reveals Powa’s ultimate controlling... read more

25 Apr 16 @ 13:36

By 25th April 2016, goods and services worth more than €1 billion will have been paid for with MyBank SEPA Credit Transfer (SCT) since its launch. Amounts paid with MyBank... read more