Payments News

27 Jan 23 @ 11:22

Back in July last year, Apple was sued in a proposed class action by payment card issuers accusing Apple Pay of abusing its market power in mobile devices to thwart... read more

26 Jan 23 @ 14:00

Local Russian news outlets are reporting that Russia and Iran are considering a stablecoin collaboration to skirt financial and economic restrictions imposed by the US, EU, UK and other countries,... read more

24 Jan 23 @ 10:37

Amazon and Stripe have signed an expanded global agreement, deepening the companies’ long-standing partnership. Under the new agreement, Stripe will become a strategic payments partner for Amazon in the US,... read more

20 Jan 23 @ 13:10

An interesting announcement relating to the payments industry has materialised from the World Economic Forum by the name of The Universal Digital Payments Network (UDPN). The UDPN was launched to... read more

19 Jan 23 @ 09:56

Over half of European business leaders expect Banking-as-a-Service (BaaS) to make traditional banking obsolete, according to new research from Vodeno/Aion. The report – Banking-as-a-Service 2.0: Why Embedded Finance will make its... read more

18 Jan 23 @ 10:00

Global cloud spending has reached its peak over its history. According to Gartner, the total amount of investments in the industry will reach $830 billion by 2025. The actual figures... read more

05 Jan 23 @ 10:00

A global pandemic and war in Europe haven’t just caused inflation to rise. They’ve also led to interruptions in global supply chains, whether that’s Ukrainian wheat not being shipped to... read more

12 Dec 22 @ 16:24

The FinTech industry, long seen as a threat by some to the established banks, are increasingly becoming acquisition targets for traditional US banks as rising interest rates and falling valuations... read more

02 Dec 22 @ 14:46

The Central Bank of the Republic of Turkey (CBRT) has launched Open Banking services, an important component of the digital economy roadmap of the liraization strategy. The Digital Turkish Lira Collaboration... read more

29 Nov 22 @ 17:57

The UK’s Court of Appeal has today dismissed Mastercard’s appeal against the Competition Appeals Tribunal decision in which a class action law suits was bought against the company for unfair... read more

25 Nov 22 @ 12:37

“I personally think that bitcoin is worthless,” Jamie Dimon, chief executive officer of JPMorgan Chase, said in 2022, reiterating a past remark. But the banking giant will offer its clients exposure... read more

17 Nov 22 @ 11:11

The European Central Bank (ECB) has issued a dire warning that a compounding combination of recession, soaring inflation, rising funding costs and lower liquidity is threatening the euro area financial... read more