FinTech

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PwC Report: Open Banking market could be worth £7.2bn by 2022

04 Jul 18 @ 13:56

In a new and very interesting piece of PwC research on Open Banking, they state that new regulation aimed at opening up the UK’s current account market could lead to... read more

Why do the Nordic Banks outsource card processing?

20 Jun 18 @ 09:32

The Nordic countries constitute the most advanced and digitally ready payment market in Europe, and one of the most advanced in the world[1]. Increasingly around the world, banks are starting... read more

Delivering Strong Customer Authentication to support PSD2 Compliance

15 Jun 18 @ 10:32

A new Whitepaper states that the EU Payment Services Directive (PSD2) will undoubtedly facilitate innovation, competition, and efficiency among banks and other payment institutions, especially around Strong Customer Authentication. While... read more

Optimising payments technology for commercial success

12 Jun 18 @ 09:00

Technology plays an obvious and increasingly important role in the evolution of the payment industry. It is the bedrock upon which payment products and services are built, and any transformation... read more

Mastercard Send to launch real-time payments in the UK

07 Jun 18 @ 10:10

Mastercard says it will launch Mastercard Send in the UK. Mastercard Send is a payment service that allows financial institutions, FinTechs, digital customers and other businesses to send real-time payments... read more

TransferWise teams with French bank Groupe BPCE

05 Jun 18 @ 09:11

TransferWise has teamed up with Groupe BPCE, in a deal that will give the money-transfer startup access to the banking group’s 15 million retail customers, the companies announced at Money... read more

Open Banking requires ‘Open Payments’ platforms to meet needs of connected customers

04 Jun 18 @ 12:38

A report published today by payments processor RS2 warns that the payment industry must consolidate omni-channel payments, card payments, and direct-from-bank Open Banking payments into new ‘Open Payments’ platforms to... read more

Payments industry consolidation gathers pace as Nets and Concardis merge

04 Jun 18 @ 11:29

A multi-billion-euro merger has been formalised between two of Europe’s largest payments groups – the latest in a series of major deals in the rapidly-consolidating industry. Nets and German group Concardis announced... read more

Battle lines being drawn in Chinese payments apps Vs banks showdown

31 May 18 @ 16:02

In Hong Kong’s airport, Alipay’s azure blue logos began appearing two years ago greeting travellers from China who rely on the popular payments app back home. In recent months, taxis... read more

Fraud wars: how can biometrics help win the card fraud battle?

25 May 18 @ 13:57

Fraud and fighting fraudsters is a complex and ever-evolving challenge. As consumers change the way they pay, fraudsters change the way they steal. For banks to keep up, these new... read more

How is the on-demand economy impacted by fraud?

24 May 18 @ 17:31

The term on-demand refers to the way in which a good or service is sold as opposed to what is sold. The primary characteristic of on-demand is that the customer... read more

OSPT Alliance launches CIPURSE training program with FIME

23 May 18 @ 09:03

Global technical association, OSPT Alliance has collaborated with FIME to develop and launch a technical training program. It will educate security, ID, payment, access control and transport players on the... read more

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Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more