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EMVCo publishes EMV Secure Remote Commerce (SRC) specification v1.0

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

Fnality: global banks invest $50 million in digital cash settlement project

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

Study: 1 in 10 banks will disappear over the next 5 years

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

Project Libra: Facebook aims to take cryptocurrency mainstream

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

RBS launches merchant acquiring business NatWest Tyl

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

Is Visa really squaring up to Swift with Visa B2B Connect blockchain platform?

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

Webinar: The epic business loan battle: a recipe for better business loans

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

The future of KYC? What’s so cool about KY3P

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

IBM launches global payments network based on blockchain

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

EBA PSD2 register of payment and electronic money institutions

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

Cashless society? Lloyds announces scheme to boost retailers offering cashback

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

Yoyo launches omni-channel platform to redefine retail experience

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

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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