Payments News

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European Payments Groups Unite to Build Cross-Border Rival to Visa and Mastercard

05 Oct 26 @ 06:36

Some of Europe’s largest domestic payment schemes are joining forces to create a new cross-border network designed to reduce the continent’s reliance on US-controlled card infrastructure. Bancomat, Bizum, the European... read more

Revolut moves closer to US banking launch with OCC approval

06 Sep 26 @ 19:30

Revolut has secured conditional approval from the US Office of the Comptroller of the Currency (OCC) to establish a national bank, taking the London-founded fintech a significant step closer to... read more

Revolut Secures French Banking Licence as European Expansion Accelerates

25 Aug 26 @ 08:54

Revolut has secured a full banking licence in France, giving the UK-headquartered fintech greater freedom to expand its product range in one of its largest European markets and marking another... read more

Revolut applies for Banking Licence in Finland

24 Aug 26 @ 19:23

Revolut has applied to establish a licensed banking branch in Finland, as the digital bank pushes deeper into domestic European markets and seeks to become the primary financial provider for... read more

UK Digital Payments reach new high as trends shift

20 Aug 26 @ 16:26

The UK payments market continued its shift towards digital and mobile channels in 2025, with consumers making almost 50 billion payments as mobile wallets and account-to-account transactions gained further ground.... read more

Gen Z turns Debit into an everyday money management tool

13 Aug 26 @ 15:19

Debit cards are evolving beyond their traditional role as a simple alternative to cash, with younger consumers increasingly using them as a tool for managing everyday finances. ”The Incremental imperative:Why... read more

Wise regroups after OCC rejects US Bank Charter application

03 Aug 26 @ 15:43

Wise is preparing a second attempt to secure a U.S. national trust bank charter after the Office of the Comptroller of the Currency (OCC) rejected its initial application, citing significant... read more

Samsung launches first US Credit Card with Barclays and Visa

22 Jul 26 @ 19:54

Samsung has launched its first co-branded credit card in the US, deepening its push into financial services and placing the electronics group in more direct competition with Apple. The Samsung... read more

RS2 Financial Services GmbH selected to participate in ECB digital Euro pilot

15 Jul 26 @ 16:27

German-regulated e-money institution will contribute acquiring expertise to practical testing of a possible future digital euro RS2 Financial Services GmbH, an electronic money institution supervised by BaFin and part of... read more

Mastercard reportedly weighs sale of majority stake in Vocalink

13 Jul 26 @ 20:10

Mastercard is reportedly exploring the sale of a majority stake in Vocalink, the company that operates much of the UK’s retail payments infrastructure, in a move that could reshape ownership... read more

Crédit Agricole takes full control of CAWL

07 Jul 26 @ 19:12

Crédit Agricole has acquired Worldline’s shareholding in French merchant payments joint venture CAWL, taking full ownership of the business just two years after the partnership was established. While financial terms... read more

Worldpay Outage Disrupts Card Payments During England Match

30 Jun 26 @ 07:06

A technology outage at Worldpay left thousands of UK consumers unable to make card payments on one of the busiest evenings of the summer, disrupting transactions at supermarkets, pubs and... 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