Payments News

07 Nov 13 @ 12:28

As the UK economy throws itself headlong into being a cashless economy, almost three quarters (71%) of people in the UK are now expressing concerns or dissatisfaction with having to use... read more

01 Nov 13 @ 16:25

In a further blow to online and digital currencies, one of the co-founders of Liberty Reserve, which was abruptly shut down by the US government in May, pleaded guilty “to money... read more

30 Oct 13 @ 09:46

A UK Bitcoin exchange is launching in London this week that will bar customers from the US, citing diverging regulatory approaches to the experimental digital currency. Bitcoin has made the news recently for... read more

29 Oct 13 @ 17:43

Bitcoin has launched the world’s first cash machine for buying and selling the online currency. It has been installed at a coffee shop in Canada. The kiosk is equipped with... read more

25 Oct 13 @ 17:09

The Reserve Bank of Australia and the Australian Payments Clearing Association have proposed creating a new industry body called the Australian Payments Council, to better coordinate the country’s payments system.... read more

25 Oct 13 @ 15:48

Clear2Pay, the Belgian financial services and electronic payments company is up for sale by Private equity firm Aquiline Holdings LLC, according to two people familiar with the situation – according to... read more

25 Oct 13 @ 11:17

The European Parliament has voted to suspend the sharing of financial data with the US, following allegations that citizens’ data was spied on. The allegation forms part of leaked documents from... read more

24 Oct 13 @ 16:51

Dwolla has taken its first step to move beyond support for cash with the launch of Dwolla Credit. The service is being launched in partnership with Alliance Data Systems (ADS),... read more

17 Oct 13 @ 17:16

MasterCard and Worldline, Atos subsidiary for e- payment services, have announced a partnership to integrate and deploy MasterPass. This collaboration, which covers all countries operated by Worldline – UK ,... read more

15 Oct 13 @ 16:51

In a sensibly positioned White paper, The Mobey Forum argues that the utilisation of mobile technology is permanently changing consumer spending habits, disrupting previously-exclusive relationships between banks and their customers... read more

15 Oct 13 @ 10:03

In another big hit on virtual currency, Dwolla has shut down its services that work with virtual currency exchanges. The online payment provider emailed its customers which operate companies related to... read more

10 Oct 13 @ 16:22

A new regulator is to be created in the UK to open up the privately-owned payments system and cut the cost for new entrants to take on big players. The regulator will... read more