E-Money

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The Challenge for Retailers – Building an Open Payment Platform

04 May 18 @ 10:52

In the last decade, contactless technologies, the mobile Internet and always connected mobile devices have significantly changed the way consumers consider their shopping experience. Consumers are also looking for seamless... read more

World Bank report shows financial inclusion on the rise

02 May 18 @ 10:26

Financial inclusion is on the rise globally, accelerated by mobile phones and the internet, but gains have been uneven across countries. A new World Bank report on the use of... read more

NPSO takes over consolidation of Bacs and Faster Payments

01 May 18 @ 13:19

The New Payment Systems Operator (NPSO) has announced that it has taken over responsibility for the operation of Bacs and Faster Payments. The completion of this transaction represents a significant... read more

US Faster Payments Council release governance framework draft

26 Apr 18 @ 09:38

A 27-member Governance Framework Formation Team (GFFT) has spent eight months working on a draft governance framework for a new US Faster Payments Council (FPC). The draft for the new... read more

Amazon Alexa hacked – security of users’ personal info questioned

26 Apr 18 @ 08:52

Recent reports manifests how “smart” technology, such as voice-enabled digital devices and virtual assistants, could be shockingly blind to security threats. As per reports, researchers discovered a flaw in Amazon’s Alexa virtual assistant that enabled... read more

Is PayPal quietly moving toward becoming a traditional bank?

16 Apr 18 @ 10:57

PayPal seen by some to be nudging its customers closer to mainstream banking services. The renowned payments company has been reaching out to groups of customers in recent months with... read more

Payment cards in Europe – an update from the European Payment Card Yearbooks

12 Apr 18 @ 10:58

Cards and card payment at the point of sale and online showed solid growth rates in most European countries in 2017. This was supported by the rollout of contactless technologies,... read more

ACH Network volume and value in 2017 – More Than 1 billion payments added

11 Apr 18 @ 07:27

The ACH Network processed 21.5 billion transactions valued at more than $46.8 trillion in 2017, representing increases of 5.7%and 6.9%, respectively, over 2016, according to new data released by NACHA—The... read more

The key to building a successful Financial Institution mobile payments strategy

06 Apr 18 @ 13:41

Fiserv has published a white paper outlining how financial institutions can build a successful mobile payments strategy that drives consumer engagement and lays the foundation for future growth. “As mobile payments... read more

Voice enabled P2P payments growing through digital assistant

06 Apr 18 @ 11:52

Google recently announced a new Google Assistant feature: the ability to make  P2P payments money transfers  to your friends as well as request cash using voice and Google Pay. The feature is... read more

Heavy-weights join board of reserve-backed cryptocurrency

04 Apr 18 @ 11:51

In an under reported story regarding the ultimate direction of cryptocurrencies, some of the world’s best-known economists have announced plans to create what could be described as a reserve-backed cryptocurrency.... read more

Open Banking viewed as big opportunity for UK FinTechs

29 Mar 18 @ 10:15

UK FinTechs see Open Banking as a major area of opportunity for 2018, according to the EY UK FinTech Open Banking Snapshot, launched at HMT FinTech conference. The majority (81%)... read more

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Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more