E-Money

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PSD2: Towards a platform approach — what banks need to know

11 Apr 17 @ 12:13

Open innovation is undoubtedly one of the drivers behind PSD2. However, the trend towards open banking and APIs is a global one that goes beyond European legislation. And effects more... read more

Australia banks lose ruling to Apple Pay as mobile wallet continues dominance

31 Mar 17 @ 18:34

Apple Pay has won a major regulatory battle with Australian banks that will see it retain control of its contactless mobile payment technology. Four banks had wanted to negotiate with Apple... read more

Russian e-commerce market hits new highs to reach €16 billion

31 Mar 17 @ 13:27

The Russian e-commerce was worth €14.85 billion in 2016, an increase of 20% when compared to 2015, and is expected to rise rapidly to reach €16.14 billion at the end... read more

PSD2 and its impact: Changing Europe’s banks for the better

29 Mar 17 @ 10:17

Banking has always been a very conservative industry. If liquidity drops too low, entire markets can grind to a halt. Open yourself up too much and you become susceptible to... read more

New UK cheque clearing system to be rolled out

22 Mar 17 @ 17:14

The UK is set to roll-out an image-based cheque clearing system from 30 October 2017. The Cheque and Credit Clearing Company have announced that waiting for five to six working days... read more

How can API standardisation be achieved in the context of PSD2?

15 Mar 17 @ 11:05

In less than a year the revised Payment Services Directive (PSD2) will be implemented in European Union (EU) Member States, and the acronym ‘API’ is on the minds of Payment... read more

Google adds P2P payments to Gmail Android app

15 Mar 17 @ 09:25

Google is to revisit history going back back to P2P payments, adding the feature to its Gmail Android app that allows sending friends funds by attaching a file to an email. Google first... read more

Market analysis – payments cards in Europe (E33)

14 Mar 17 @ 11:50

Payments cards and card payment at the point of sale and online showed solid growth rates in most European countries in 2015. This was supported by the roll-out of new... read more

Prepaid card market expected to reach $3,653 billion by 2022

09 Mar 17 @ 15:22

A new report published by Allied Market Research projects that the global prepaid card market is anticipated to reach $3,653 billion by 2022, registering a CAGR of 22.7% from 2016 to... read more

PSR annual – Access and governance report on payment systems

09 Mar 17 @ 15:06

The Payment Systems Regulator (PSR) was established to promote effective competition and innovation in payment systems. Ensuring open access to participants and potential participants is a key component of this.... read more

New reports show mobile wallet suffering an identity crisis in Europe

07 Mar 17 @ 12:44

New research by Juniper, analysing the mobile wallet market, indicates Europe lagging behind almost every other region in its transaction value forecast despite high levels of tech adoption and smartphone penetration. So, what’s going wrong?... read more

Optal to acquire B2B payments business Invapay

07 Mar 17 @ 08:44

Optal announced the acquisition of Invapay, in a deal which will significantly expand Optal’s capabilities in the global corporate payments space. Invapay enables corporate buyers to use credit cards 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