Payments News

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Can SEPA-style work in Asia-Pacific?

18 Sep 14 @ 09:44

Regulators in the Asia-pacific region are looking at rolling out a SEPA-style single payment area, but what will be the challenges of such a project in one of the most... read more

Global Payments 2014 – revenues show upward trend

18 Sep 14 @ 09:28

The global payments and transaction-banking businesses continue to represent vital elements of the banking industry and the global financial-services landscape. The importance of these businesses both as critical sources of... read more

Domestic schemes – set for domination?

16 Sep 14 @ 13:55

The launch of RuPay in India and plans for a Russian payment network indicate a resurgence in domestic schemes, but at what cost to the international players? While Europe’s banks... read more

Mobile operators scrap Weve

15 Sep 14 @ 13:08

As history repeats its self, Weve, owned by EE, O2 and Vodafone, has ditched plans for a joint mobile wallet, based on NFC, which was meant to help the operators... read more

World Retail Banking Report 2014

10 Sep 14 @ 10:06

For the first time in three years, global Customer Experience has declined reflecting an inflection point in customer expectations finds the World Retail Banking Report 2014. Future customers, mainly Gen... read more

Bank of England selects plastic bank note supplier

08 Sep 14 @ 17:35

The Bank of England has named De La Rue as the preferred bidder for the 10-year printing contract of its new plastic bank notes. De La Rue has been printing notes... read more

Barclaycard to acquire payment and loyalty specialist The Logic Group

08 Sep 14 @ 12:55

The Logic Group has announced that it is to be acquired by Barclaycard. This includes The Logic Group’s UK and Spanish businesses, laying the foundations for a global omni-channel, managed... read more

Apple agrees interchange fee rebates for m-payments

05 Sep 14 @ 14:53

Ahead of the launch of the iPhone 6 next week, tech giant Apple has reportedly negotiated deals with several US issuers to give Apple back a portion of card-present interchange... read more

Barclays launches biometric reader for corporate clients

05 Sep 14 @ 14:50

Barclays corporate customers will be able to log into their online accounts by scanning their fingers with biometric readers using vein authentication technology from Hitachi. From 2015, corporate customers will... read more

US Federal Reserve moves towards faster payments

05 Sep 14 @ 14:47

Federal Reserve banks in the US are moving ahead with plans to implement a faster payments system in order to improve the country’s payment infrastructure. The Federal Reserve banks are... read more

Barclaycard and Orange shut down Quick Tap NFC service

04 Sep 14 @ 12:28

Barclaycard and mobile network operator Orange are to close their Quick Tap NFC mobile payment service at the end of October. Quick Tap was launched in 2011 and was one... read more

MCX preps CurrentC mobile commerce network in US

04 Sep 14 @ 12:24

US mobile commerce joint venture Merchant Customer Exchange (MCX), which is backed by several major US merchants, has unveiled its CurrentC mobile commerce payment network, with plans for a commercial... read more

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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