Issuing & Acquiring

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Digital currencies pose stability risk to Central Banks – BIS report

13 Mar 18 @ 15:12

The Bank for International Settlements has warned Central bankers that they risk endangering the stability of the global financial system if they launch their own digital currencies in an effort... read more

Interpretation of Payment Services Regulations brings Metro Bank policy into question

12 Mar 18 @ 15:00

On January 13th 2018 new regulations came into force – called the Payment Services Regulations – Article 105 of which compels banks to offer bank accounts and payment services to... read more

BFC Bank launches in UK as specialist provider to PSP’s and MSP’s

08 Mar 18 @ 17:35

BFC Bank, owned by BFC Group, is the latest bank to launch in the UK promising to act as a new, specialist bank that offers reliable, safe banking services to... read more

From bookstore to Bank – is it Amazon almighty?

08 Mar 18 @ 17:22

For many years Jeff Bezos’ online shop has had almost every conceivable item in its range.  Now apparently, Amazon wants to expand and offer some kind of current account to... read more

Amazon enters discussion with JPMorgan to offer bank accounts to users

06 Mar 18 @ 11:47

Amazon is reported to be discussing a potential partnership to offer its customers bank accounts via JPMorgan Chase, in a deal that would marry America’s biggest e-commerce platform with the... read more

Canadian retailer group fight for lower credit-card fees

06 Mar 18 @ 11:36

A group of Canadian retailers and other businesses are pushing for lower credit-card fees from major payment networks amid a long standing battle over what they claim are inflated Canadian... read more

Online card payments set to more than double by 2022

05 Mar 18 @ 17:51

The number of card payments made online worldwide is set to jump from 29 billion in 2016 to 70 billion in 2022, according to Global Payment Cards Data and Forecasts... read more

Ingenico launches products to secure place in fast growing Android POS market

01 Mar 18 @ 16:14

As the Android POS market really begins to gain traction in both mPOS and traditional POS Ingenico launched Axium, its next-generation POS platform designed with acquirers’ clients in mind. It... read more

BIAN issue new API guidelines to support global Open Banking

28 Feb 18 @ 11:59

The Banking Industry Architecture Network (BIAN), an independent, not-for-profit association, has published an updated version of its standardised global IT architecture model for Open Banking. Titled, Service Landscape 6.0 (SL6.0),... read more

World FinTech Report highlights symbiotic collaboration as key to future financial services

27 Feb 18 @ 10:50

The rise of FinTechs[1] continues to revitalise the financial services customer journey; however, many startups have realised they will struggle to succeed alone. With complementary strengths, FinTechs are increasingly looking... read more

Open Banking can contribute £1bn to UK economy

26 Feb 18 @ 12:43

Implementing Open Banking reforms, which came into force in the UK last month could contribute more than £1bn annually to the UK economy, CEBR research has claimed. Under Open Banking customers... read more

Venezuela launches petro a government backed cryptocurrency

26 Feb 18 @ 10:38

The Venezuelan government says it raised $735m in the first day of the pre-sale of its cryptocurrency, the petro. President Nicolás Maduro tweeted late on Tuesday that the cryptocurrency reaffirmed the... 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