Payments News

04 Nov 14 @ 09:57

Users on the move is the theme of Cartes 2014, taking place in Paris between 4-6 November. Exhibitors are demonstrating the latest innovations in mobile POS and digital commerce. Cartes... read more

30 Oct 14 @ 16:43

The UK’s Financial Conduct Authority is to explore the potential benefits of blockchain technology, which underpins bitcoin, for use in the wider financial services industry, according to the regulator’s chief executive. At the... read more

30 Oct 14 @ 12:14

Visa and MasterCard have welcomed China’s plans to open up its market for clearing domestic payment card transactions, as they stand to gain access to a growing market worth more than $1... read more

29 Oct 14 @ 12:03

The European Central Bank (ECB) has flexed its muscles in the payment systems oversight area for the first time through the exercise of new powers by identifying 4 payment systems that... read more

29 Oct 14 @ 11:01

Despite conflicting priorities and the economic downturn, banks around the world are still increasing their investments in innovation. These key findings are part of Innovation in Retail Banking 2014, the... read more

29 Oct 14 @ 10:36

Much has been made of the boom in Europe’s financial technology sector in 2014. And, as our analysis of the publicly disclosed deals and investors in the fintech sector shows... read more

23 Oct 14 @ 16:58

The Bank of England governor, Mark Carney, has launched an independent review into the worst disruption of Britain’s banking payment system, the Chaps payment system, in seven years. The BoE said part of its real-time gross settlement... read more

20 Oct 14 @ 17:07

Royal Bank of Scotland is set to enter the peer-to-peer (P2P) lending market in the latest sign that alternative finance is gaining traction by moving into the mainstream. The high street bank is... read more

20 Oct 14 @ 12:55

MasterCard and Zwipe announced their partnership for the launch of the world’s first biometric contactless payment card featuring an integrated fingerprint sensor. The launch of the card comes after a successful... read more

20 Oct 14 @ 11:59

Chinese e-commerce firm Alibaba Group said on Thursday it has folded six different businesses into a single business unit and changed the name of its Alipay financial services affiliate to... read more

15 Oct 14 @ 14:26

Italian payment processor SIA has launched a SEPA-compliant smartphone-based mobile money transfer service, enabling users to send and receive money in real time to and from their phone contacts. The... read more

15 Oct 14 @ 14:23

Indian bank Kotak Mahindra (KMB) has unveiled a mobile money transfer service enabling Facebook users to make funds transfers to each other. The KayPay application utilises India’s Immediate Payment Service... read more