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DuitNow real-time payments platform launches in Malaysia

14 Jan 19 @ 13:38

Payments Network Malaysia (PayNet), the national payments network and central infrastructure provider, has implemented DuitNow, Malaysia’s Real-Time Payments Platform (RPP) using ACI’s UP solution. The first service offered to the... read more

Square launches payments SDK to process payments with mobile apps

11 Jan 19 @ 12:03

Square has launched its Square In-App Payments SDK (Software Development Kit), enabling developers and sellers to process payments with Square within their consumer-facing mobile apps for the first time. With... read more

Hungarian banks begin instant-payments trial

10 Jan 19 @ 19:07

Hungary’s commercial banks have begun a test phase of a domestic instant-payments system expected to go live on July 1, the clearing house operator GIRO said on Thursday. Under the... read more

Report: Social commerce in Russia – customer behaviour

10 Jan 19 @ 14:45

About 39 million Russians use social commerce, shopping in online social channels such as social media, instant messengers, classified ad websites, and other P2P platforms. The number of users paying... read more

Chinese mobile payments market projected to grow 21.8% to $96.73 trillion

09 Jan 19 @ 17:32

Chinese mobile payments services market is projected to grow 21.8% from 2017 to hit $96.73 trillion (£75.96 trillion) in 2023, driven partly by increasing demand for e-commerce. China has a... read more

Google granted e-money licence for EU

07 Jan 19 @ 16:59

Google has announced that it has been granted an e-money licence and authorised as a payment institution in the Republic of Ireland, paving the way for it to begin providing new... read more

2019 Technology Predictions: Digital Banking

18 Dec 18 @ 09:18

Tech-savvy millennials have driven – and continue to drive — a seismic shift towards an uptake in digital banking. According to the latest data available, there are 71 million millennials... read more

SMART Payments: What have we learnt about best practice in mobile payments?

11 Dec 18 @ 10:37

Apple doesn’t release official figures. But earlier this year, CEO Tim Cook told professional Apple watchers that the total number of ApplePay transactions had passed the 1 billon mark in... read more

Amazon forges ahead with cashierless checkout increasing size of trial

10 Dec 18 @ 12:17

Amazon is continuing to push tests of its cashierless checkout technology for bigger stores with larger spaces and experimenting with the technology in Seattle. The technology functions well in a... read more

Report: Do we really want a cashless society?

05 Dec 18 @ 15:33

Travelex has released a study into attitudes towards cash and other payment technologies: Do we really want a cashless society? The study, which looks at cash and cashless technology usage in... read more

European Central Bank launches instant payments service

30 Nov 18 @ 16:48

The European Central Bank says it will launch the first pan-eurozone instant payments service, with the primary aim of recouping some lost ground to US and Asian tech giants. The... read more

Venmo blacklists thousands of accounts as fraud losses mount

28 Nov 18 @ 16:50

It was only a few months ago that we published a report on the growth of P2P payments and what a success they were. Now teething pains have hit Venmo... read more

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Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more

Major UK Banks unite to develop digital verification service

30 Jun 26 @ 07:05

Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more

Spain’s largest banks launch collaborative fraud platform

18 Jun 26 @ 19:36

Three of Spain’s largest banking groups have taken a significant step towards strengthening the fight against financial crime, launching a shared fraud intell... more