E-Money

Showing Latest E-Money

Nigerian Central Bank bans Bitcoin and virtual currency

19 Jan 17 @ 09:29

The Central Bank of Nigeria (CBN) has barred deposit taking banks and all other financial institutions from the operation of any form of virtual currency. The warning by the Apex bank... read more

2017 – the year that AML fines break through the £4 billion barrier globally?

17 Jan 17 @ 15:14

The amount of money laundered by foreign criminals is estimated to be as high as £100 billion a year and unlawful tax avoidance costs UK taxpayers as much as £2.7... read more

Seven critical changes to payments industry as FinTech matures

17 Jan 17 @ 09:34

The FinTech sector is being shaped by shifting market conditions, new regulations, and changes in consumer demands and behaviors. For the past decade, FinTech companies have moved quickly, forcing incumbents to... read more

Open data – competition needs to work for both FinTechs and Banks

16 Jan 17 @ 17:14

“Silicon Valley is coming”.  That’s what JP Morgan CEO Jamie Dimon wrote to shareholders in 2015.  Dimon had been to the Valley and seen money pouring in to innovative start-ups,... read more

Bacs breaks more records in 2016 – £5 trillion in 2016

10 Jan 17 @ 13:25

6.22 billion payments transactions worth a total of £4.8 trillion were processed by Bacs Payment Schemes (Bacs) in yet another record breaking year for the company behind Direct Debit in... read more

Bitcoin bubble bursts as volatile price plummets

09 Jan 17 @ 09:41

The Bitcoin price plummeted as much as 23% Thursday afternoon after nearing an all-time high just weeks before, the cryptocurrency extended Friday’s tumble amid concern China will tighten rules on the digital... read more

Worldline and Hease Robotics sign payments partnership

08 Jan 17 @ 15:30

Worldline has entered into a mutually beneficial co-development relationship with Hease Robotics, a French B2B service robot manufacturer, delivering interaction-oriented robots to the retail and hospitality industries. Worldline and Hease Robotics... read more

Nigerian payments digitisation continues as POS transactions hit $2bn

05 Jan 17 @ 13:04

Nigerian payments digitisation has continued to gather momentum as the value of transactions through POS channels across the country increased significantly by 65% to N651.37 billion ($2.07 billion) between January and... read more

Sizing and profiling the in-app mobile payments market

04 Jan 17 @ 16:54

The mobile payments market ca be logically split into three major segments. Physical, mobile web browser or in-app mobile payments: Using a mobile phone as the physical form factor at... read more

US payments study highlights strong trends in card use

03 Jan 17 @ 12:27

From 2012 to 2015, credit and debit (including prepaid and non-prepaid) card payments continued to gain ground in the US payments landscape, accounting for more than two-thirds of all core... read more

Non-cash payments across US and UK to soar by 2026

14 Dec 16 @ 15:53

The value of non-cash payments in the US and UK will reach $46 trillion and £1.44 trillion respectively by 2026, new research from global law firm Paul Hastings shows. In... read more

ACI official provider for SEPA Instant Credit Transfer scheme

14 Dec 16 @ 15:12

ACI Worldwide has been named by EBA Clearing as one of the ‘frontrunner service providers’ for the pan-European EBA SEPA Instant Credit Transfer Scheme, due to go live in November 2017.... read more

Trending

Wero expands merchant payments in France with Orange

06 Sep 26 @ 19:31

Wero is moving further beyond its origins as a peer-to-peer payment service, with Orange becoming the first merchant in France to offer subscription bill paymen... more

ECB and Brazil explore cross-border link between TIPS and Pix

06 Sep 26 @ 19:32

The European Central Bank and Banco Central do Brasil are examining whether Europe’s TIPS instant-payment infrastructure could be connected with Brazil’s hu... more

US Bank tests its own Stablecoin for Cross-Border Payments

10 Sep 26 @ 15:44

US Bank has completed a live cross-border transaction using its own dollar-backed stablecoin, becoming one of the latest major lenders to test whether blockchai... more