E-Money

Showing Latest E-Money

Regulators immediately turn their focus on Libra Coin

19 Jun 19 @ 17:04

Their has been immediate regulatory scrutiny on Facebook’s plans to launch Libra Coin a new global digital currency as the announcement drew an immediate response from regulators from the Group... read more

OpenWay and Oracle to redefine digital payment processing in the cloud

19 Jun 19 @ 09:27

OpenWay has successfully tested its digital payment platform WAY4 in Oracle Cloud. Financial institutions can now use this solution to drive payment innovations of any scale and  optimise their operating... read more

World’s first e-money license for blockchain issued

18 Jun 19 @ 09:31

Monerium has received a license from the Financial Supervisory Authority of Iceland to issue e-money on blockchains through its subsidiary, Monerium EMI. The full license is the world’s first e-money... read more

Report: The future of US mobile payments

11 Jun 19 @ 14:24

The future of mobile payments, both in the US and around the world, will likely be determined by the success of the OEM Pay wallets. Data from Juniper Research indicates... read more

International digital remittances to reach $525 billion by 2024

11 Jun 19 @ 09:20

New data has found that international digital remittances will reach $525 billion by 2024, up from an estimated $332 in 2019. According to Juniper Research, the mobile channel will become... read more

Voice commerce market and potential growing rapidly

10 Jun 19 @ 12:53

A Juniper Research report predicts that by 2023 there will be 8 billion devices with voice assistants in them, up from 2.5 billion at the end of 2018, and that... read more

Facebook to launch cryptocurrency Libra in June

10 Jun 19 @ 09:06

Facebook says it will launch its cryptocurrency codenamed Libra, currently scheduled for a June 18th release according to TechCrunch which reported multiple investors briefed on the project by Facebook were told... read more

EMVCo publishes EMV Secure Remote Commerce (SRC) specification v1.0

07 Jun 19 @ 17:11

EMVCo has released EMV Secure Remote Commerce (SRC) Specification v1.0, which is available for free public download from the EMVCo website. The specification provides a foundation that will enable the processing... read more

Money 2020: Visa and Western Union partner on global payments

05 Jun 19 @ 13:37

Visa has announced a new strategic agreement with Western Union to implement Visa Direct, Visa’s real-time[1] push payments platform in an effort to bring speed and transparency to the process... read more

Money 2020: 89% of merchants are primed for Open Banking

03 Jun 19 @ 16:19

89% of airline, supermarket and subscription economy merchants are primed for Open Banking and have assessed the impact it will have on their business a new piece of research commissioned... read more

Fnality: global banks invest $50 million in digital cash settlement project

23 May 19 @ 10:57

Recent reports have announced that several large global banks are in the process of investing around $50 million to create Fnality, a digital cash system using blockchain technology to settle... read more

Study: 1 in 10 banks will disappear over the next 5 years

21 May 19 @ 11:09

A ten-year study has found that the profit of European retail banks/divisions is at an all-time high, driven by a positive economic environment and lower risks (risk costs relative to... 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