Payments News

22 May 20 @ 09:42

The COVID-19 outbreak has led to the savage disruption of retail the world over. Almost overnight, foot traffic in physical stores disappeared, and supply chains were left scrambled. Now at... read more

19 May 20 @ 08:11

First Data Merchant Services and a former executive have been forced to pay more than $40 million to settle a claim by the Federal Trade Commission that the company processed... read more

14 May 20 @ 10:11

Mastercard has updated its operating metrics with an additional two weeks of information, in which it is monitoring the impact of the COVID-19 pandemic and related actions being taken by... read more

30 Apr 20 @ 09:17

2020 so far has not been quite what anyone expected. There are no flying cars, no hoverboards, no teleportation – and thankfully we haven’t been forced to survive on fried... read more

28 Apr 20 @ 08:37

Wirecard says that the independent audit by KPMG into fraud allegations uncovered no need to restate earnings, but added that all the data needed to confirm past revenues could not... read more

23 Apr 20 @ 15:49

Due to COVID-19, over the past few months, nationwide restrictions on travel, work, and leisure across most European countries have led to a dramatic drop in consumer spend. Meanwhile, repayment... read more

07 Apr 20 @ 16:09

The Emerging Payments Association (EPA), which encourages collaboration and innovation within new and existing finance companies, has announces the outcomes of its first COVID-19 consultation. The detailed assessment, ‘Weathering the... read more

02 Apr 20 @ 16:08

As the catastrophic human costs of the coronavirus come into clearer focus, so too do the consequences for people’s well-being beyond the immediate imperative to safeguard lives. Taking care of... read more

30 Mar 20 @ 09:26

SDK.finance, a financial technology provider, has announced a one year payment deferral for all companies with financial licenses issued by any country of the European Union and the United Kingdom.... read more

23 Mar 20 @ 12:05

What a difference one month makes. Public FinTechs were significantly outperforming the S&P 500 and Nasdaq until the COVID-19 crisis hit. On Feb 19th, the FinTech index comprising 26 public... read more

20 Mar 20 @ 12:49

The European Central Bank says it will spend €750 billion in bond purchases to calm down sovereign debt markets, in the strongest signal in the euro area to date that... read more

17 Mar 20 @ 09:47

As the global battle against Covid-19 moves into uncharted territory, the avalanche witnessed across global stock markets may have claimed its first victim. Finablr, the owner of Travelex, has asked... read more