trending
24 May 17 @ 17:04
Financial and technology companies led by Bank of America,SBI Holdings, HSBC, Intel and Temasek Holdings have invested $107 million in R3 CEV which runs a big bank consortium seeking to develop... read more
24 May 17 @ 09:57
Spanish bank BBVA says it is open for business with its Open Banking programme and is making eight of its APIs commercially available for the first time ahead of the new PSD2... read more
23 May 17 @ 13:26
New research from FIS reveals that Britain’s challenger banks are outscoring their High Street counterparts in meeting their needs for digital payments, easy to understand and use products/services, innovative products/services and... read more
23 May 17 @ 12:57
TransferWise has extended its offering by launching a new service that takes it into the realms of looking more like a bank. For the first time, TransferWise will hold money on deposit for its... read more
22 May 17 @ 14:34
The Internet of Things will change how commerce and transactions are conducted, and in turn will require changes in payments. For the Internet of Things (IoT) to deliver on its... read more
19 May 17 @ 12:21
Global card purchase volume for goods and services, which excludes cash advances on credit cards and cash withdrawals on debit cards across the global card networks, grew by 5.8% to... read more
19 May 17 @ 12:11
Adoption of more expensive chip cards continues to drive global card growth with 70% of all financial cards now having a chip, according to the International Card Manufacturers Association’s (ICMA) release... read more
19 May 17 @ 11:22
The Euro Banking Association has issued a new information paper looking into potential benefits and use cases of cryptotechnologies in the context of international payments and more specifically correspondent banking practices.... read more
18 May 17 @ 10:24
Credit, debit, and prepaid general purpose and private label cards issued in the United States generated $5.936 trillion in payments for goods and services in 2016. Card fees, which include... read more
18 May 17 @ 10:11
The UK Payments industry, along with the rest of Europe, is facing a raft of challenges in the near future, from the proliferation of alternative payment channels, increasingly demanding merchant... read more
18 May 17 @ 09:46
In news from the Google I/O the tech giant announced that they will partner Android Pay and PayPal for a mobile payments platform, the companies announced this morning. The partnership... read more
17 May 17 @ 12:55
Just days after a coalition of 56 FinTech vendors lobbied the European Banking Authority in a strongly worded petition regarding the practice of Screen Scraping, The European Banking Federation (EBF) is asking the... read more
17 May 17 @ 09:00
STS has launchesd PayOp, its next generation payments operational management system. PayOp will support traditional terminal management functions alongside new smart features such as analytics and operational insight. Critically, PayOp is... read more
16 May 17 @ 13:29
Samsung Pay has launched in the UK. Visa account holders can now use their compatible Samsung smartphones for purchases worldwide. Visa’s tokenisation service enables cardholders to add their Visa credit and... read more
16 May 17 @ 10:29
When transaction volume goes up, banks and other financial institutions have turned to machine learning and AI to help streamline services. In the UK alone, over 72,000 payments are made by... read more
16 May 17 @ 10:17
Visa has launched its online payment method, Visa Checkout in the UK, with travel company lastminute.com, the first domestic merchant to offer the payments platform. According to Visa, Visa Checkout allows... read more
15 May 17 @ 11:51
There is a widely-held belief in the banking industry that PSD2 access to accounts (XS2A) has to be provided for free. This is not true. Sure, Europe’s banks must grant... read more
15 May 17 @ 11:41
According to new research the number of payment cards in issue in the Middle East and Africa (MEA) increased by 13% to 611 million in 2015, making it the world’s fastest... read more
11 Jun 26 @ 16:00
A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more
18 May 26 @ 17:07
The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more
31 May 26 @ 12:59
The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions acros... more
