04 Dec 17 @ 15:57

A version of the Raiden payments channel network has been launched on the main Ethereum blockchain. Activated yesterday, the launch comes months after µRaiden – known more commonly as “microraiden” – first... read more

01 Dec 17 @ 15:48

2017 was another year of major data security, data loss and hacks. These data breaches have increased pressure on business and individuals alike, to clearly focus on the importance of... read more

01 Dec 17 @ 15:41

Mastercard has just filed a patent for a “Method and System For Instantaneous Payment Using Recorded Guarantees.” This is, in short, a patent for a blockchain-based system that offers instant payment. The... read more

01 Dec 17 @ 15:25

As Sainsbury’s prepares to appeal after it lost a High Court case with Visa over a long-running row over  interchange fees, Visa has welcomed the decision which confirms that its interchange fees,  are lawful. The supermarket... read more

30 Nov 17 @ 12:54

Ovum’s latest ICT Enterprise Insights program found that across 14 industries, the telecoms and banking sectors are most mature in the drive for digital transformation. These ranged from tackling cybersecurity,... read more

30 Nov 17 @ 12:42

First Annapolis, now part of Accenture has been closely monitoring European card products to track the evolution of product offerings and pricing. Twice a year, it reviews the card products... read more

29 Nov 17 @ 20:05

Change in payments is in overdrive, and will only get faster. Traditional payments players are being squeezed from all sides – so what is driving the future of payments. This... read more

29 Nov 17 @ 19:59

PIN-on-Mobile is coming: Imagine taking a regular smartphone and turning it into a payment acceptance device with a simple app download. That’s the utopian dream many companies are chasing today... read more

28 Nov 17 @ 10:23

2018 is set to be a pivotal year for the financial services industry with both the General Data Protection Regulation (GDPR) and the revised Payments Services Directive (PSD2) due to... read more

28 Nov 17 @ 09:58

The 2017 Edelman Trust Barometer make for sobering reading. The general population’s trust in all four key institutions — business, government, NGOs, and media — has declined broadly. Counter-intuitively trust in... read more

27 Nov 17 @ 16:41

Cybercrime follows the money. In today’s increasingly interconnected world they conduct digital hold-ups and cause major disruption by targeting critical infrastructure. So, how do those in the financial services industry... read more

27 Nov 17 @ 16:16

The European Central Bank (ECB) has conducted a comprehensive study to analyse the use of cash, cards and other payment instruments used at points of sale (POS) by euro area... read more

24 Nov 17 @ 10:49

Building a national payment system is a huge undertaking. Prior to launch, banks and non-banks have to collaborate on the governance, rules and features of the system. They have to... read more

24 Nov 17 @ 10:30

DNB, banking group Eika, Sparebank 1 Gruppen and other Norwegian banks said on Friday that they agree to combine their various payment units Vipps, BankAxept and BankID Norge to improve product... read more

24 Nov 17 @ 09:48

At a major FinTech conference in Singapore, Visa announced that it is going to pilot its blockchain based B2B payments system called B2B Connect in mid-2018. Visa has partnered with... read more

22 Nov 17 @ 20:13

The Open Banking Implementation Entity (OBIE), the body set up by the Competition & Markets Authority (CMA) to enable a new, secure way for customers to take control of their... read more

22 Nov 17 @ 09:19

WeChat Pay, a widely adopted e-wallet payment solution in China and the iconic Camden Market, London’s fourth biggest tourist destination, is the first in the UK to make WeChat Pay... read more

21 Nov 17 @ 09:00

The Single Euro Payments Area (SEPA) Instant Credit Transfer (SCT Inst) scheme created by the European Payments Council (EPC) is operational. As of today, nearly 600 payment service providers (PSPs)... read more