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Square e-commerce API

31 Mar 16 @ 11:21

Square is launching a new e-commerce API that enables merchants to process online payments on their own self-hosted, fully developed websites, taking on PayPal and Stripe with. The API is part... read more

VocaLink launch PayPort for Faster Payments

31 Mar 16 @ 11:14

VocaLink has launched PayPort, an end-to-end service that offers banks and other financial institutions fast, efficient and secure access to Faster Payments without the cost of introducing a new technology infrastructure.... read more

Jumio files for bankruptcy protection

29 Mar 16 @ 13:14

Online identification verification company, Jumio,  whose clients include United Airlines and Airbnb, has filed for Chapter 11 bankruptcy protection for its US business and initiated the sale of assets, according... read more

American Express adds Apple Pay for UK Corporate Cards

24 Mar 16 @ 12:50

American Express Global Corporate Payments UK says its UK Corporate Card members can now use Apple Pay to tap and pay with compatible Apple devices. Karen Penney, Vice President and General... read more

Huawei launches Huawei Pay with China UnionPay

24 Mar 16 @ 12:32

Huawei Technologies, the leading Chinese smartphone manufacturer, has partnered with China UnionPay to introduce Huawei Pay – an NFC mobile payment service. As far as bank card payments are concerned, UnionPay holds... read more

Android Pay announces UK launch

23 Mar 16 @ 14:48

Major high street UK banks including HSBC, Bank of Scotland, First Direct, Halifax, Lloyds Bank, M&S Bank, MBNA and Nationwide Building Society say they are ready for the forthcoming launch... read more

Biometrics market to reach $30 billion by 2021

23 Mar 16 @ 14:35

ABI Research is predicting that the overall biometrics market will reach a value of $30 billion by the year 2021. In a statement summarizing recent findings, the market research firm... read more

Amex investigating data breach reports

23 Mar 16 @ 14:24

American Express is reported to be investigating a potential data breach by a merchant in California. Apparently, the merchant was compromised, leading to the possible exposure of account numbers, names, expiration... read more

Global digital payments to reach $3.6 trillion this year

22 Mar 16 @ 15:16

A new study  has found that hat the annual transaction value of online, mobile and contactless – digital payments will reach $3.6 trillion this year, up from $3 trillion on 2015, resulting... read more

Worldwide shipments of wearables to surpass 200 million

22 Mar 16 @ 14:44

Worldwide shipments of wearable devices are expected to reach 110 million by the end of 2016 with 38.2% growth over the previous year. According to the International Data Corporation (IDC)... read more

Octopus cash limit to triple to HK$3,000 – aimed at changing shopping habits

22 Mar 16 @ 12:58

Octopus, the Hong Kong equivalent of the Oyster card in the UK says the legal limit on the amount of money that can be stored on Octopus cards will rise... read more

UK payment cards annual fraud losses hit £567.5 million

21 Mar 16 @ 12:51

Statistics by Financial Fraud Action (FFA) UK show fraud losses on UK payment cards totalled £567.5 million in 2015, representing an 18% increase from £479 million one year before. Significantly,  total... 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