E-Money

Showing Latest E-Money

Coronavirus tax relief scams and economic impact payments prove we need better ID verification

18 May 20 @ 07:00

New ID verification (IDV) solutions are emerging that revolve around mobile phone ownership and possession together, thereby detecting both stolen numbers and fraudulent numbers when performing a phone number check.... read more

Mastercard updated Q2 2020 operating metrics reflect COVID-19 impact

14 May 20 @ 10:11

Mastercard has updated its operating metrics with an additional two weeks of information, in which it is monitoring the impact of the COVID-19 pandemic and related actions being taken by... read more

Digital payments companies launch new EU trade body: EDPIA

11 May 20 @ 16:03

Ingenico Group, Nets Group, Nexi, and Worldline have announced the launch of an EU advocacy alliance bringing together Europe’s independent payment services providers. The “European Digital Payments Industry Alliance” (EDPIA)’s... read more

European Central Bank to focus on retail CBDC

11 May 20 @ 15:35

The European Central Bank (ECB) says it will look into what a retail central bank digital currency (CBDC) form of the euro might look like. The ECB set up a... read more

Instant Payment Card: Initiating a SEPA Credit Transfer at the POS

04 May 20 @ 14:51

Smart Payment Association (SPA), the global trade body of the smart payments industry, has published proposals for an Instant Payment Card that would extend SEPA instant Credit Transfer functionality to... read more

China starts trial of Central Bank Digital Currency

01 May 20 @ 09:33

China will begin trialling payments of its new Central Bank Digital Currency in four major cities, according to domestic media. In recent months, China’s central bank has stepped up its... read more

Central bank digital currency an urgent necessity to avoid a loss of trust

23 Apr 20 @ 16:16

Central bank digital currency (CBDC) from the likes of the Bank of England should be issued to prevent the ‘privatisation’ of money and trust in the monetary system disappearing, according... read more

World FinTech Report 2020: FinTech collaboration even-more essential for banks

22 Apr 20 @ 12:55

The financial services industry has been dealing with the impact of Open Banking since the inaugural World FinTech Report in 2017. Fast forward to the World FinTech Report 2020 and... read more

Is Google really launching its own debit card?

20 Apr 20 @ 15:46

It has been rumoured that Google is developing a physical and virtual debit card allowing consumers the flexibility to make payments at places that aren’t equipped with POS terminals. The... read more

OpenPayd enhances SEPA payment capabilities

15 Apr 20 @ 10:54

OpenPayd, an API-first Banking-as-a-Service provider, has announced it has enhanced its payments capabilities with direct access to the SEPA payment scheme (Single Euro Payments Area). The new integration will see... read more

McKinsey predicts payments revenues to enter negative decline

02 Apr 20 @ 16:08

As the catastrophic human costs of the coronavirus come into clearer focus, so too do the consequences for people’s well-being beyond the immediate imperative to safeguard lives. Taking care of... read more

Banque de France begins testing digital Euro CBDC

02 Apr 20 @ 15:48

The Banque de France, France’s central bank, has begun testing its Central Bank Digital Currency (CBDC) in the form of a digital Euro, according to an official announcement. The topic... read more

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Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more