Payments News

14 Jul 15 @ 15:53

Just hours after the historic settlement and lifting of years old sanctions against Iran regarding their nuclear capabilities, the Iranian banks have rejoined the SWIFT international banks settlement network. Iran’s Day... read more

09 Jul 15 @ 14:45

Once the darling of the mobile handset world, the acquisition of Nokia by Microsoft was supposed to unleash a new powerhouse in mobile handsets. Unfortunately, as Tom O’Meara writes, The longer... read more

06 Jul 15 @ 15:43

Mastercard says it is testing a smartphone app that uses facial biometrics to verify online purchases. Users in the trial can hold their phone up as though taking a selfie to... read more

02 Jul 15 @ 18:00

Having trialled the Facebook Messenger payment service, Facebook announced that the payment feature is now available for Facebook Messenger users in the US. Now you can make person-to-person payments by adding your... read more

30 Jun 15 @ 10:28

In as little as a decade we will look back at the fractured banking and payments sector with utter astonishment at just how long traditional banking services weren’t challenged –... read more

29 Jun 15 @ 16:37

Having lost some of its teeth, the Payments Council will relaunch as Payments UK, a new trade association launched Monday 29 June. The new association will provide “a single, authoritative... read more

29 Jun 15 @ 16:18

Hannah Nixon, the newly appointed managing director of the UK’s Payments Systems Regulator has bemoaned a lack of innovation in the back-end infrastructure of payments, and warned that she will step... read more

26 Jun 15 @ 15:53

Former PayPal CEO Bill Harris discusses how PayPal fits into mobile payments with Bloomberg’s Emily Chang. Harris was asked whether the company can compete with other digital payment firms, in... read more

26 Jun 15 @ 13:18

fTLD Registry Services the registry behind the new .Bank domain says that it received over 3,000 domain name registrations during the opening period. Having seen more than 700 applications for the new domains... read more

24 Jun 15 @ 13:26

Annual figures from the Bank of England show the British public retains a stubborn attachment to paper money, despite rapid innovations in higher-tech methods of payment such as contactless cards... read more

23 Jun 15 @ 16:32

Barclays has entered a Proof-of-Concept (PoC) trial with bitcoin exchange Safello, in an attempt to see if blockchain technology can improve its performance financial services sector. In an interview with CoinDesk, Safello... read more

23 Jun 15 @ 11:50

For the third year, Deloitte Digital conducted a survey with thousands of consumers to understand how they engage with digital when shopping, and to quantify how these interactions influence their... read more