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BBVA Compass opens payments platform to Dwolla

30 Oct 14 @ 16:48

BBVA Compass has opened up its payments platform to Dwolla, enabling customers to make real-time payments through the Iowa startup’s payments network. The deal makes BBVA Compass the largest bank to... read more

UK regulator to explore blockchain technology

30 Oct 14 @ 16:43

The UK’s Financial Conduct Authority is to explore the potential benefits of blockchain technology, which underpins bitcoin, for use in the wider financial services industry, according to the regulator’s chief executive. At the... read more

40% of US consumers have made a merchant mobile payment

30 Oct 14 @ 12:40

40% of North American consumers have used their smartphones to make a mobile payment at a merchant location, according to an Accenture survey of 4,000 consumers in the US and Canada,... read more

Beijing breaks payment card market monopoly

30 Oct 14 @ 12:14

Visa and MasterCard have welcomed China’s plans to open up its market for clearing domestic payment card transactions, as they stand to gain access to a growing market worth more than $1... read more

MCX responds to Apple Pay exclusivity allegations

30 Oct 14 @ 12:07

After several days of questions as to why the pharmacies Rite Aid and CVS blocked Apple pay in their stores after initially accepting it, executives from the Merchant Consumer Exchange... read more

ECB identifies 4 key payment systems as systematically important

29 Oct 14 @ 12:03

The European Central Bank (ECB) has flexed its muscles in the payment systems oversight area for the first time through the exercise of new powers by identifying 4 payment systems that... read more

70% of banks increasing innovation spend

29 Oct 14 @ 11:01

Despite conflicting priorities and the economic downturn, banks around the world are still increasing their investments in innovation. These key findings are part of Innovation in Retail Banking 2014, the... read more

Fintech investment: Sell the story…And keep selling it

29 Oct 14 @ 10:36

Much has been made of the boom in Europe’s financial technology sector in 2014. And, as our analysis of the publicly disclosed deals and investors in the fintech sector shows... read more

V.me digital payment service continues to grow in Europe

28 Oct 14 @ 13:51

Visa Europe says that V.me is now in pilot with Member banks in Norway, Sweden, Italy and Germany, taking the number of markets live or in pilot across Europe to 9.... read more

MyBank SEPA Direct Debit core mandates go live

28 Oct 14 @ 12:04

MyBank went live with MyBank Mandates for SEPA Core Direct Debits today following the successful conclusion of the first Joining Window. Financial institutions and service providers are in the process... read more

Apple Pay activates 1 million credit cards in first 3 days

28 Oct 14 @ 09:16

Timothy Cook, Apple CEO, has revealed that 1 million credit cards were activated on Apple Pay in the first three days that the mobile wallet went live, the New York Times... read more

Intel preps secure credit card transactions technology

27 Oct 14 @ 17:02

Swiping credit cards or using payment systems like Apple Pay at stores could become much safer thanks to a new Intel system, which could also make it easier for retailers... 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