Payments News

Showing Latest Payments News

TransUnion and senior executive charged with violating law enforcement order

21 Apr 22 @ 11:51

The Consumer Financial Protection Bureau (CFPB) is filing a lawsuit against TransUnion, two of its subsidiaries, and longtime executive John Danaher for violating a 2017 law enforcement order. The order... read more

Russia set to challenge legality of frozen central bank assets

20 Apr 22 @ 12:06

Russia has said it will take legal steps to recover $300 billion of its foreign currency reserves frozen by international sanctions in a bid to overturn one of the hardest... read more

Sustainability: why the card business must act

13 Apr 22 @ 16:41

Whether it’s global warming, resource depletion or the rapid exclusion of populations and communities from resources, our planet is in crisis. In a new white paper, we outline the pressures... read more

UK payments regulator sets out plan for the future – card schemes in sights

01 Apr 22 @ 11:00

The Payment Systems Regulator (PSR) has published its Annual Plan for 2022/23, to go further in making sure payment systems are fit for the future – offering access, protection and... read more

Excavation unearths signs of a 2,000 year old Roman “Hole in the Wall”

31 Mar 22 @ 18:30

A team of archaeologists have unearthed evidence of the world’s first Hole in the Wall cash machine dating back to the Roman empire, buried for centuries in an unassuming field... read more

Is Apple preparing to launch its own payment processing unit?

31 Mar 22 @ 16:18

Oh boy! Apple has been reported to be developing its own payment processing technology and infrastructure such as lending risk assessment, fraud analysis, credit checks, and dispute handling. Part of... read more

79% denied a loan – outdated affordability criteria a key factor

31 Mar 22 @ 12:19

New data from a survey of European consumers on their attitudes and experiences of lending finds many consumers still feel frozen out of the lending bubble, held back by outdated... read more

Anonymous begins dump of hacked Russian Central Bank data

29 Mar 22 @ 08:45

Anonymous is reported to be publishing a large amount of data which it claims belongs to the Central Bank of Russia (CBR). The release comes after the collective announced it... read more

Deutsche Bank, BNP Baribas and Crédit Agricole shut down in Russia

25 Mar 22 @ 11:02

Deutsche Bank was the first to go of the big European banks, officially announcing it will shut down business in Russia due to the ongoing invasion of Ukraine. Now, BNP... read more

Anonymous continues its war on Russia and hack central bank

24 Mar 22 @ 13:48

Anonymous, the hacker collective, is claiming it has hacked the Central Bank of Russia to access sensitive documents within the bank. The hackers, who have been targeting Russian assets since... read more

EMI Genome waives fees for displaced Ukrainians

23 Mar 22 @ 09:46

Genome, an Electronic Money Institution licensed and supervised by the Central Bank of Lithuania, has waived its fees for Ukrainian citizens in order to help them open Euro accounts in... read more

PCM feature: Can Russian payments weather the storm?

21 Mar 22 @ 15:53

Alongside a host of other Western companies, PayPal, Mastercard, Apple and Visa have pulled out of the Russian payments market following Russia’s invasion of Ukraine, with major banks such as... read more

Trending

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