E-Money

Showing Latest E-Money

UK’s Open Banking project expanded

22 Nov 17 @ 20:13

The Open Banking Implementation Entity (OBIE), the body set up by the Competition & Markets Authority (CMA) to enable a new, secure way for customers to take control of their... read more

SEPA Instant Credit Transfer scheme goes live

21 Nov 17 @ 09:00

The Single Euro Payments Area (SEPA) Instant Credit Transfer (SCT Inst) scheme created by the European Payments Council (EPC) is operational. As of today, nearly 600 payment service providers (PSPs)... read more

Reimagining global banking services in the connected digital marketplace

09 Nov 17 @ 16:06

Regulation, compliance and legacy systems have, for so long, been the stumbling blocks for financial institutions to capitalise on the new digital age where there are few barriers to international... read more

Apple Pay Cash launches P2P platform in Beta

08 Nov 17 @ 16:22

Apple rolled out Apple Pay Cash for those in its public beta program the service will act like virtual debit card, allowing P2P payments, to take on Venmo. Apple Pay Cash will... read more

Visa launch real-time payments platform Visa Direct in Europe

02 Nov 17 @ 16:34

Visa has announced the European launch of Visa Direct – a real-time payments platform that allows companies to leverage Visa’s global reach and scale to transform domestic and cross-border payments... read more

Google Tez hits over 7.5m users in 5 weeks

01 Nov 17 @ 10:38

Google has made several announcements around Google Tez, the payments app that the search giant had launched in India last month. Based on Unified Payments Interface (UPI), the NPCI’s payments platform for the... read more

Real time payments: Towards speed and transparency

01 Nov 17 @ 09:18

While payments might seem ‘instant’ to those engaged in the transaction, the reality is, apart from cash, they are generally not. Real time clearing is what happens when you hand... read more

Bitcoin thieves are back – CryptoShuffler Trojan hunt for users’ cryptosavings

31 Oct 17 @ 14:50

Kaspersky Lab researchers have discovered a new malware, CryptoShuffler Trojan, which steals cryptocurrencies from a user’s wallet by replacing their address with its own in the device’s clipboard. Criminals are targeting... read more

The World’s most cashless countries – Infographic

31 Oct 17 @ 10:15

A new study has found the countries among the 20 largest economies who are adapting quickest to using cashless systems like phones and contactless cards – revealing that Canada narrowly... read more

Indonesia takes steps towards a digital Fiat Currency

23 Oct 17 @ 11:05

eCurrency Mint Limited says that it has partnered with PayPro Indonesia to provide eCurrency’s digital fiat currency (DFC) solution in Indonesia. Through eCurrency’s solution, PayPro’s e-money product delivers a cryptographically protected, secure instrument... read more

A fresh look at Asia’s payment landscape

20 Oct 17 @ 09:33

Digital payments are growing rapidly in Asia, fuelled by increasing smartphone ownership and improving access to the internet. An increasing array of solutions such as digital wallets, mobile payment apps... read more

The cashless society – what happens when the power goes out?

19 Oct 17 @ 09:10

Bloomberg recently reported that the Fed was forced to fly a planeload of cash to Puerto Rico to help avert disaster, when Hurricane Maria knocked out power on the island, the residents realized they... 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