Daily news

04 Feb 16 @ 15:24

As of December 9, interchange regulation, which caps rates in Europe are now capped at 30 bps for credit cards (commercial cards excluded) and 20 bps for debit and prepaid cards.

04 Feb 16 @ 14:02

Western Union and Viber, a mobile messaging app with 664 million unique users worldwide, have announced an agreement to offer cross-border money transfer

03 Feb 16 @ 15:55

US EMV activity rising steadily, but some industry observers bemoan the slow EMV adoption in the United States since 2015.

03 Feb 16 @ 15:23

Barclays, has revealed that it will support Apple Pay from March. The bank been the only major financial institution in the UK that had not announced its support for apple’s mobile payments. Customers at Barclays... read more

03 Feb 16 @ 12:42

There has been a sharp rise in the number of e-money providers registered with the Financial Conduct Authority (FCA) over the last two years, with 79 now authorised in total,... read more

03 Feb 16 @ 11:23

What a difference twelve months can make. Industry conversations at 2014’s Mobey Day, (Mobey Forum’s annual open conference for all mobile money stakeholders) told of an industry undergoing major FinTech... read more

02 Feb 16 @ 15:39

The 2016 Identity Fraud Study released by Javelin Strategy & Research, revealed that the number of identity fraud victims increased by 3% (13.1 million consumers) in the US last year, but that... read more

02 Feb 16 @ 14:40

The European Central Bank is working on a new plan for bank transfers, allowing consumers to transfer money using their phone numbers or email addresses rather than a complicated bank account... read more

02 Feb 16 @ 11:29

MyBank has reported strong growth for 2015 both in the volume and value of transactions as well as in the number of merchants offering MyBank. More than €650 million worth of payment... read more

02 Feb 16 @ 11:16

Recent First Annapolis consumer research suggests that only one in five iPhone 6 users has made a purchase with Apple Pay, and that the overall adoption rate for Apple Pay... read more

02 Feb 16 @ 10:15

Germany has a new online payment method. Launched during the final quarter of 2015, paydirekt facilitates ACH-funded payments between consumers and merchants. Germany already has various alternative online payment types,... read more

02 Feb 16 @ 09:29

FIS has unveiled the industry’s first test solution that focuses on automated application testing for physical ATMs. FIS ATM TestBench helps banks and ATM service operators shorten test cycles, increase... read more