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07 Jun 19 @ 17:11
EMVCo has released EMV Secure Remote Commerce (SRC) Specification v1.0, which is available for free public download from the EMVCo website. The specification provides a foundation that will enable the processing... read more
23 May 19 @ 10:57
Recent reports have announced that several large global banks are in the process of investing around $50 million to create Fnality, a digital cash system using blockchain technology to settle... read more
21 May 19 @ 11:09
A ten-year study has found that the profit of European retail banks/divisions is at an all-time high, driven by a positive economic environment and lower risks (risk costs relative to... read more
07 May 19 @ 13:59
Facebook is reported to be recruiting dozens of financial firms and online merchants to help launch a cryptocurrency-based payments system, dubed Project Libra, on the back of its gigantic social... read more
03 May 19 @ 09:38
Royal Bank of Scotland (RBS) is launching a merchant acquiring service, NatWest Tyl, for small to medium-sized businesses (SMBs), heading back into the payments business, putting it in direct competition... read more
01 May 19 @ 11:02
Visa recently signed a deal enabling FIS’ clients to have access to Visa B2B Connect. The uses blockchain to make high-value corporate payments internationally without using SWIFT. In order to... read more
29 Apr 19 @ 10:51
Businesses often find it difficult to get access to additional funds to help them fast-track expansion plans, whether for new branches, larger premises or adding staff and services. Even when... read more
08 Apr 19 @ 12:35
A group of 12 regional and digital financial institutions have joined together as investors and members in KY3P, for managing third-party risk and optimising the processes by which financial institutions... read more
25 Mar 19 @ 09:29
IBM has created a real-time, global payments network to support cross-border transactions and foreign exchange in more than 50 countries using cryptocurrencies or “stable coins.” IBM Blockchain World Wire will... read more
19 Mar 19 @ 13:45
The European Banking Authority (EBA) has launched a central electronic register under the Payments Services Directive (PSD2). The register will provide information on several thousand payment and electronic money institutions... read more
20 Feb 19 @ 12:11
Lloyds Banking Group in partnership with Visa has announced a new pilot scheme designed to boost access to cash, which will see local retailers paid to offer cashback to customers... read more
11 Feb 19 @ 10:14
Yoyo says it has combined its in-store digital payments and loyalty experience with a unique e-commerce solution, enabling retailers to deliver the world’s first integrated and rewarding omni-channel buying experience... read more
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
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
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