Payments News

01 Jul 21 @ 09:10

Robinhood has been fined $70 million for “systemic” failures, including systems outages, providing “false or misleading” information, and weak options trading controls, that harmed millions of customers. The Financial Industry... read more

29 Jun 21 @ 16:13

Pan-European payment processor Nets is taking the lead in green banking technology, with the launch of a pioneering card service that helps consumers to track and reduce their carbon footprint.... read more

21 Jun 21 @ 09:07

Are you a professional looking for an exciting new opportunity? Well then you have absolutely come to the right place. Today, we had a look through our job board for... read more

14 Jun 21 @ 14:59

The European Commission has taken Luxembourg to court, asking the European Court of Justice (ECJ) to impose penalties, on a daily basis, for failing to put new EU AML (Anti... read more

07 Jun 21 @ 14:13

As we all start returning to a normal, Covid-free life, a lot of us may start looking to make some changes. Especially when it comes to our careers. For the... read more

18 May 21 @ 11:46

Prepaid Financial Services is in the regulators sights again just two months after being named and fined for a cartel involving Mastercard, Allpay, Sulion and Cashplus. Shares in PFS’s Australian... read more

12 May 21 @ 11:41

In another startling case of financial malpractice unearthed in a Dutch-registered bank headquartered in the Netherlands owned by a Turkish financial holding company, a whistle blower as advised by his... read more

11 May 21 @ 15:44

Analysis from Kearney has found that the performance of retail banks is likely to return to pre-COVID levels within three to five years, although profitability will remain under pressure in... read more

04 May 21 @ 09:00

As eBay further distances itself from its PayPal relationship and looks to consolidate its payments inhouse, the e-commerce monster has signed a new deal with Payoneer. Payoneer says it is... read more

21 Apr 21 @ 09:44

According to the European Central Bank, demand for business loans in the eurozone fell and banks tightened credit standards in Q1 of 2021, a toxic combination that challenges the bloc’s... read more

19 Apr 21 @ 12:02

An independent report by Rödl & Partner has been released. The aim of the report was to investigate any shortcoming by accounting firm EY into the now infamous Wirecard scandal.... read more

31 Mar 21 @ 16:11

The Payment Systems Regulator (PSR) has set out provisional accusations for five payments companies including Mastercard, in which it states the companies violated antitrust laws, by operating a cartel for... read more