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Global Payments acquires Realex payments

25 Mar 15 @ 15:28

Realex Payments, one of Europe’s largest and fastest growing payment gateways, has been acquired by Global Payments, a leading worldwide provider of payment technology services. “We are thrilled to be... read more

Payment Systems Regulator begins £75 trillion UK payment industry oversight

25 Mar 15 @ 11:13

On April 1st,, in what will be a landmark date for UK financial regulation, The Payment Systems Regulator (PSR), the new economic regulator for payment systems, has confirmed how it will regulate... read more

Monitise rejects sale, Lukies ejected

25 Mar 15 @ 09:36

Former mobile banking darling Monitise has decided not to sell itself, but a strategic review of its “options” has led to its founder and co-CEO Alistair Lukies stepping down from the... read more

Mobile money transfers double

24 Mar 15 @ 15:07

New research from remittance specialist Azimo, demonstrates that the percentage of money transfers sent from mobile phones has more than doubled in the 12 months to January 2015. Azimo’s research found that... read more

Digital tipping point: Banks must focus on innovation to harness opportunities

24 Mar 15 @ 11:42

A major new report sets out key recommendations for the banking industry and urges regulators to give consumers certainty that their money is equally well-protected wherever they choose to bank.... read more

Optimal Payments to acquire Skrill

23 Mar 15 @ 12:27

Optimal Payments a global provider of online and mobile payment processing services, has entered into an agreement to acquire Skrill Group from CVC Funds and other shareholders, for an enterprise... read more

Target settles data breach for $10 Million

23 Mar 15 @ 11:30

Target is said to be preparing to settle a class-action suit over its 2013 data breach by paying $10 million to set up a fund for breach victims, who will... read more

MTN Uganda clarifies mobile money fraud rumours

23 Mar 15 @ 10:38

MTN Uganda has been forced to call a press conference, with high-ranking executives from both MTN and Stanbic. Stanbic bank’s Managing Director, Patrick Mweheire, opened by explaining that the briefing was being held... read more

More than half of global professionals use their mobile phones for payments

20 Mar 15 @ 11:41

In a recent survey of over 300 global business professionals by Timetric, respondents were asked if they use mobile phones for payments and if it is set to change over... read more

Money laundering rules for digital currency to be put in place by UK government

20 Mar 15 @ 11:26

Setting out its approach to digital currency, the UK government has vowed to start applying anti-money laundering regulation to exchanges but also promising to put cash behind research into the potential... read more

Xiaomi offers interest bearing mobile wallet

20 Mar 15 @ 11:07

Chinese smartphone maker Xiaomi is the latest tech company to cross over into financial services by offering an interest bearing mobile wallet. Xiaomi began public beta testing Tuesday of an... read more

Multi-channeI is biggest payment challenge for UK retailers

19 Mar 15 @ 10:37

Multi-channel retailing was named as the biggest payment challenge facing retailers by nearly half (47%) of respondents to Ingenico Group’s survey at this year’s RBTE. Ingenico has revealed the results of... 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

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... 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