Processing & Systems

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Digital tipping point: Banks must focus on innovation to harness opportunities

24 Mar 15 @ 11:42

A major new report sets out key recommendations for the banking industry and urges regulators to give consumers certainty that their money is equally well-protected wherever they choose to bank.... read more

Money laundering rules for digital currency to be put in place by UK government

20 Mar 15 @ 11:26

Setting out its approach to digital currency, the UK government has vowed to start applying anti-money laundering regulation to exchanges but also promising to put cash behind research into the potential... read more

Multi-channeI is biggest payment challenge for UK retailers

19 Mar 15 @ 10:37

Multi-channel retailing was named as the biggest payment challenge facing retailers by nearly half (47%) of respondents to Ingenico Group’s survey at this year’s RBTE. Ingenico has revealed the results of... read more

Banks deploying diverse mix of technologies to transform their branches and the customer experience

19 Mar 15 @ 10:18

Faced with mounting cost pressures and the increasing popularity of digital channels, many financial institutions are undertaking wholesale re-evaluations of their branch strategy, affecting network size, shape, technology and staffing.... read more

Bitcoin users to approach 5 million by 2019

18 Mar 15 @ 10:20

A new report from Juniper Research has found that the number of active Bitcoin users worldwide will reach 4.7 million by the end of 2019, up from just over 1.3... read more

TfL achieves one million contactless taps a day

17 Mar 15 @ 16:07

Travellers on the London public transport network used their contactless payment cards to pay for more than a million journeys on a single day last week. Transport for London (TfL),... read more

IBM to create blockchain-based digital payments infrastructure for central banks

16 Mar 15 @ 12:28

IBM is rumoured to be considering adopting the underlying technology behind bitcoin, known as the blockchain, to create a digital cash and payment system for major currencies, according to a person... read more

UK shuns cash as cards dominate payment market

12 Mar 15 @ 11:59

The way we pay for everything is changing, with more digital transactions than ever before. But how close are we to the tipping point? This weekend saw the end of... read more

Samsung waives fees for Samsung Pay mobile payment service

09 Mar 15 @ 15:50

Samsung, which is gearing up to launch its own mobile payment service, Samsung Pay, in Korea and the US this summer, has decided not to collect fees on Samsung Pay... read more

EBA CLEARING working on pan-European instant payment infrastructure solution

09 Mar 15 @ 12:14

EBA CLEARING announced today the kick-off of an Instant Payment Task Force to support the Company’s ongoing work on the creation of a pan-European solution for instant payment processing. The... read more

Bank of England: The economics of digital currencies

06 Mar 15 @ 12:24

Digital currencies represent both innovations in payment systems and a new form of currency. This article examines the economics of digital currencies and presents an initial assessment of the risks... read more

ECB: Digital currencies unstable

04 Mar 15 @ 15:16

The European Central Bank has published a new report on digital currencies, describing them as “inherently unstable” whilst remaining upbeat about the potentially transformative benefits they may offer in payments. The ECB study builds... read more

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Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more