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Visa commits to strategic investment in Klarna

27 Jun 17 @ 09:54

Visa and Klarna announced they have reached an agreement for Visa to invest in Klarna, and intend to develop a future strategic partnership. Klarna is one of Europe’s fastest growing... read more

equensWorldline supports European Central Bank Instant Settlement initiative

27 Jun 17 @ 09:44

Worldline has announces that its subsidiary, equensWorldline SE, welcomes TIPS – the Instant Settlement service that was recently announced by the European Central Bank. equensWorldline will connect its European and... read more

The 4th EU Anti-Money Laundering Directive becomes active

26 Jun 17 @ 15:50

73% of financial crime professionals in UK financial services believe that the 4th EU Anti-Money Laundering Directive will make it easier for firms to prevent money laundering a survey of... read more

World Retail Banking report: Open banking demands foresight, but indicates new revenue streams

26 Jun 17 @ 13:09

The Open Banking evolution continues to unfold. Banks risk disintermediation if they do not carefully 1) choose their customer-interaction business model role, and 2) use application programming interfaces (APIs), according... read more

A single version of the truth: The transformative power of global card payment acceptance standards

26 Jun 17 @ 11:39

Recent payments conferences have highlighted some pressing issues which, when addressed, have the power to transform the world of card payment acceptance, both across Europe and globally. How can merchants’... read more

How hackers make money on the dark web – Infograph

26 Jun 17 @ 11:04

How much is your information worth on the dark web: Spotify account £2.20 Hulu account £2.20 Netflix £0.80 – £2.40 Paypal £1.20 Social Security Number £0.80 Drivers license £16.00 Credit... read more

FIS Streamlines Journey to Real-Time Payments for Banks, Processors and Clearing Houses with New Test Solutions

21 Jun 17 @ 17:45

Key facts Allows adoption of instant payments with confidence Accelerate time-to-market, save time and control cost Includes simulation features for an end-to-end testing ecosystem Solution will be presented at Money... read more

Online card spending to double by 2021 – reaching $6 trillion worldwide

21 Jun 17 @ 13:05

Global Payment Cards Data and Forecasts to 2021, a highly regarded annual survey of the global payment cards sector, reveals that the value of e-commerce card payments made worldwide grew... read more

PSD2 and Instant Payments to drive a 37% decline in online card volumes

20 Jun 17 @ 19:43

A new study from Ovum, has attempted for the first time to quantify the detrimental effect Instant Payments and PSD2 will have on traditional credit and debit card payments. Instant Payments,... read more

Virtual accounts: innovation to help banks exceed customer expectation

20 Jun 17 @ 11:29

Corporates are under increasing pressure to be more efficient and their expectations of their banks are changing as a result. Banks need to be innovative to meet client expectations. Virtual... read more

Global cybersecurity trends – Trustwave 2017 report

20 Jun 17 @ 10:57

Trustwave has released its 2017 cybersecurity report which reveals the top cybercrime, data breach and security threat trends from 2016. The report reveals both good and bad news in the world... read more

Contactless payments drive doubling of UK Card payments in 10 years

19 Jun 17 @ 14:14

The number of purchases using debit and credit cards has more than doubled in the past 10 years, as contactless payments and online retail have driven a change in the... read more

Bitcoin ends two year record run with 20% value crash

19 Jun 17 @ 13:53

Bitcoin plummeted 19% over the weekend, putting the digital currency on pace for its worst week since 2015, as volatility climbs following a record-setting surge in the price. After hitting... read more

Bank of America – Trends in Consumer Mobility Report

16 Jun 17 @ 13:47

The latest Bank of America Trends in Consumer Mobility Report explores emerging payments trends – specifically person-to-person payment technologies (P2P) that allow consumers to send money to others via their... read more

Misys partners with D+H to form mega FinTech company Finastra

16 Jun 17 @ 12:51

UK’s Misys and Canada-based D+H have merged to form a mega FinTech company, named as Finastra. The new company has been created after D+H was acquired by Vista Equity Partners,... read more

Banks to face fines totalling €4.7bn in first three years under GDPR

14 Jun 17 @ 16:55

A new report from Consult Hyperion, forecasts that European financial institutions could face fines totalling €4.7 billion in the first three years under the new General Data Protection Regulation (GDPR).... read more

WorldRemit partners Android Pay for mobile money P2P transfers

14 Jun 17 @ 15:57

WorldRemit has added Android Pay to its service, offering a new way for WorldRemit’s Android Pay users to send money internationally and reach millions using mobile money accounts. Launching the global... read more

Visa CEO Al Kelly: focused on Europe and “growing the payments pie”

13 Jun 17 @ 14:00

In recent Sanford Bernstein interview, Visa CEO Al Kelly, explained a number of opportunities and challenges facing the company, from Visa Europe to China and increasing digital payments. Kelly says in... read more

Trending

Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

Santander backs Ebury’s next phase with fresh funding

05 May 26 @ 16:52

Banco Santander has reinforced its commitment to Ebury after taking part in a funding round of about £550mn for the cross-border payments and trade finance fin... more

RBC and BMO weigh sale of Moneris as banks retreat from merchant acquiring

06 May 26 @ 16:43

Royal Bank of Canada and Bank of Montreal are reportedly in talks to sell Moneris, their jointly owned payments processing business, to Francisco Partners, in a... more