Issuing & Acquiring

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Bitcoin computing power growth outpacing its price

16 Jul 18 @ 09:05

Since last year the bitcoin hash rate — the amount of computing power used by bitcoin’s network of computers to create new coins — has soared as it rushes to catch... read more

Worldline obtains its “pan-European” Third Party Provider (TPP) license

16 Jul 18 @ 08:53

Worldline has obtained two new licenses, linked to the PSD2, from the National Bank of Belgium enabling the company to become a Payment Initiation Service Provider (PISP) and an Account... read more

Mastercard and Visa hit with setback in UK interchange fees law suit

13 Jul 18 @ 10:41

In a damaging set back, a British appeals court ruled in favour of retailers including some of the UK’s biggest retailers, in massive a blow to the card networks which could now... read more

Biometric technology use set to rocket for payment authentication

13 Jul 18 @ 10:27

With new EU regulations coming into place next September, Mastercard is predicting a significant increase in the use of biometric technology to authenticate who is paying. With regards to card... read more

R3 completes KYC Blockchain Platform tests with banks and regulators

12 Jul 18 @ 10:16

The R3 Blockchain Consortium of 39 financial firms has completed more than 300 transactions via R3’s know your customer (KYC) application, according to a post on R3’s blog. R3’s KYC project involved major financial... read more

Biometrics – Giving the finger to fraud

04 Jul 18 @ 17:25

Clearing up the mess left behind by fraudsters is a serious challenge and sees financial institutions having to absorb the monetary and logistical damage of card payment fraud daily. Meanwhile,... read more

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

Visa and Mastercard moving towards resolution of interchange fees lawsuit

02 Jul 18 @ 15:40

The two big card networks Visa and Mastercard are reported to be close to settling a 13-year-old legal challenge over interchange fees charged when merchants accept card payments, according to people familiar with... read more

EBA clarifies Strong Customer Authentication requirements for PSPs

28 Jun 18 @ 15:48

The European Banking Authority has published an Opinion on the implementation of the Regulatory Technical Standards on Strong Customer Authentication and common and secure communication. It has also published a... read more

Retailers face a ‘Phantom Economy’ of £7bn as Returns continue to rise

28 Jun 18 @ 14:12

UK shoppers are returning £7 billion of purchases every year, leading to a ‘phantom economy’ of lost revenue for retailers, with sales coming in that they ultimately can’t recognise. New... read more

European Parliament report finds favour in central bank digital currencies

26 Jun 18 @ 12:31

A new, focused report by the European Parliament’s Economic and Monetary Affairs Committee has found in favour of supporting central bank digital currencies which they define differently from cryptocurrrencies. One can distinguish... read more

Report identifies significant growth opportunities for unattended terminals

26 Jun 18 @ 11:10

The evolution of unattended terminals has continued at pace in recent years and the number of these accepting credit and debit card payments has expanded significantly. Convenience, ease of use... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more