E-Money

Showing Latest E-Money

Visa planning big changes to its interchange fee structure

05 Feb 20 @ 17:00

Visa is reported to be planning a complete overhaul of its interchange fee structure that merchants pay to accept its cards, hoping to persuade more people to abandon checks and... read more

European card payments growth slows to 2.7% as digital payments start to bite

04 Feb 20 @ 10:14

Independent research conducted for the Digital and Card Payments Yearbooks suggests that account-to-account digital payments may be starting to replace card payments in some of the world’s most advanced payments... read more

Cashless payments exceed cash transactions in Russia in for the first time

03 Feb 20 @ 16:43

Sberbank has analysed cashless payments in Russia under the SberData project, its big data analytics and processing initiative. For the first time ever, over a half of products and services... read more

Worldline agree to pay €7.8 billion for Ingenico in another mega merger

03 Feb 20 @ 11:03

Worldline has this morning announced it agreed a deal to buy local rival Ingenico in a €7.8 billion deal that will create a global player in the rapidly consolidating payments... read more

How fraudsters are attacking Open Banking weaknesses

30 Jan 20 @ 16:35

Two years ago, opportunity for the FinTech community was abound with the arrival of Open Banking. And while the initial uptake was slow to materialise, we are now finally realising... read more

Report: The future of payments – Cash survives … for now

29 Jan 20 @ 10:57

When people discuss the future of payments they tend to predict the end of cash. Not only do we think cash will be around for a long time, we see... read more

60% of millennials using point of sale credit finance services when shopping

28 Jan 20 @ 16:30

New analysis has found a growing appetite for point of sale credit finance – otherwise known as ‘buy now, pay later’ –  among younger UK consumers, with over 60% (67%)... read more

Hong Kong and Thailand report on central bank digital currency prototype

24 Jan 20 @ 12:53

The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) have announce the outcomes of and a report on a joint Central Bank Digital Currency (CBDC) research project... read more

European Banks seek clarification on e-money definition and fraud reporting

21 Jan 20 @ 14:29

Banks from across nine EU countries have endorsed a note seeking clarification on the definition of e-money transactions and the related fraud reporting requirements issued by the European Banking Authority... read more

Central bank group assess potential for central bank digital currency

21 Jan 20 @ 14:06

The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Sveriges Riksbank and the Swiss National Bank, together with the Bank for International... read more

US multi-stakeholder initiative launches The Digital Dollar Project

17 Jan 20 @ 10:05

The Digital Dollar Project is a not for profit effort, in collaboration with Accenture, to advance exploration of a United States Central Bank Digital Currency in order to advance the... read more

GDPR: Dark patterns emerge in consumer consent on the internet

13 Jan 20 @ 16:38

A new academic study by GroundAI into online consent management platforms has concluded many of them are ignoring the EU’s GDPR rules. The study was conducted by a consortium of... read more

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Legacy infrastructure leaves Banks unprepared for real-time

06 Jul 26 @ 20:34

European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and m... more

Visa expands AI and Cybersecurity strategy in Europe

07 Jul 26 @ 19:13

Visa has unveiled a new cybersecurity platform designed to help financial institutions identify threats before they develop into fraud, while simultaneously rev... more

Swedish court orders Google to pay Klarna-owned PriceRunner

07 Jul 26 @ 19:13

Google has been ordered to pay approximately $1.97 billion in damages to PriceRunner, the price comparison platform owned by Klarna, following a landmark compet... more