Identity

23 Sep 21 @ 15:08

The latest fraud figures released by UK Finance show the scale of the fraud problem in payments is only growing, despite the efforts of the banking and finance industry. In... read more

23 Sep 21 @ 09:35

BASIS ID, an innovative electronic identity verification company, providing KYC and AML solution, along with risk and fraud management services worldwide, is pleased to announce a successful launch of a... read more

31 Aug 21 @ 12:48

The pace of evolution in Europe’s payment market is evident in all areas – including processors. Sweeping changes in consumer payment behaviour, merchant acceptance and democratisation of services have produced... read more

20 Aug 21 @ 13:00

Bank of America has recorded the most patents granted in H1 of any year in the company’s history. The U.S. Patent Office (USPTO) granted the bank 227 patents during H1... read more

12 Aug 21 @ 11:55

The European Commission has presented an ambitious package of legislative proposals to strengthen the EU’s anti-money laundering and countering terrorism financing (AML/CFT) rules. The package also includes the proposal for... read more

11 Aug 21 @ 11:07

Overall global FinTech funding across M&A, PE, and VC deals soared to a new high in H1 2021, according to KPMG’s Pulse of FinTech, a bi-annual report on FinTech investment... read more

02 Aug 21 @ 18:37

Its safe to say Monzo is not having a good couple of weeks. On 30th July the company issued a PR which saw £114.8 million in pre-tax losses* last year... read more

23 Jul 21 @ 12:17

The global Financial Action Task Force (FATF) updated its guidance on how to manage anti-money laundering (AML) measures in cryptocurrency payments fully two years ago – yet recent evidence suggests... read more

09 Jul 21 @ 15:25

The European Commission has announced merger approval for the P27 Nordic Payments initiative to establish its pan-Nordic payments platform. This approval marks a significant milestone for the initiative which is... read more

07 Jul 21 @ 07:59

According to a new report by Payments Cards & Mobile and Mastercard, which conducted in-depth research into how prepared European countries are to embrace the Open Banking ecosystem, the Nordic... read more

29 Jun 21 @ 15:06

Open Banking is fast becoming a worldwide phenomenon. Whether regulator-driven or industry-led, it empowers consumers and businesses to take control of their financial data and their financial futures while stimulating... read more

25 Jun 21 @ 10:00

In our last blog, we discussed the recent trend for paying with cryptocurrencies, currently growing at around 30% per month. These payment instruments offer lower costs and much faster settlement... read more