Daily News

Showing Latest Daily News

Dispute Resolution: Banks are ignoring the customer, and it’s costing them

20 Sep 22 @ 14:33

A new white paper by leading European banking infrastructure provider Nets says banks must do more to make initiating a disputed transaction easier for customers. Failure to do so will... read more

Global payments card spending reaches $42 trillion

20 Sep 22 @ 12:40

Debit cards drive payments card growth as contactless usage continues to rise and consumer spending recovers after the height of the pandemic. Card usage will keep growing as new spending... read more

Citibank has lucky escape over $500 million transfer as Judge overturns ruling

20 Sep 22 @ 11:10

Citibank has been told it is entitled to recoup $500 million that it accidentally wired Revlon, a US appeals court has announced. Reversing a lower court ruling, the 2nd U.S. Circuit... read more

Pan-European payments pilot for EU digital ID wallet

19 Sep 22 @ 11:08

A new multi-country consortium of Europe’s most trusted identity experts has announced its proposal to deliver a large-scale, cross-border payments pilot strongly aligned with the aims of the European Commission’s... read more

ECB selects companies for prototyping of digital euro

19 Sep 22 @ 10:55

The European Central Bank (ECB) has announced the list of collaborators  they will contract with to develop potential user interfaces for the digital euro. The aim of this prototyping exercise... read more

Nordic mobile wallets mega merger blocked by EC

19 Sep 22 @ 10:41

Back in June 2021, Norwegian Vipps, Danish Mobilepay and Finnish Pivo announced that the three mobile wallets would merge. Late last week it emerged that Pivo, owned by OP Bank... read more

UK embraces digital banking – Europe still trailing behind

14 Sep 22 @ 16:56

UK consumers are significantly ahead of their European counterparts in their embrace of digital banking, new data shows. The research, commissioned by Europe’s leading provider of consumer and business credit... read more

Embedded finance transaction value to more than double to $7 trillion

14 Sep 22 @ 12:40

Embedded finance, the integration of value-added financial services into software offerings, is set to redefine how consumers and businesses build and manage relationships with financial services, according to new research and... read more

M&A in FinTech remains stable as gravity returns to valuations

14 Sep 22 @ 12:06

It has been a conflicting week in the M&A market and the broader FinTech investment scene. UK FinTech investment fell to $9.6 billion in H1 2022, down from $27.8 billion... read more

What’s the role of cash in financial inclusion?

13 Sep 22 @ 17:19

It’s not news the COVID-19 pandemic and lockdowns accelerated an existing shift to digital financial services, including payments. The latest issue of the International Monetary Fund’s (IMF) Finance and Development... read more

How to cure cart abandonment in the APAC e-commerce market

13 Sep 22 @ 16:47

The Asia-Pacific (APAC) region is one of the world’s largest and most dynamic e-com­merce markets. The region contains 13 countries and 4.3 billion people — includ­ing 1.7 billion with internet... read more

CyberloQ launch proprietary Multi-Factored-Authentication technology

13 Sep 22 @ 08:49

CyberloQ has announced a strategic collaboration for its proprietary Multi-Factored-Authentication (MFA) technology with Pannovate’s Banking Orchestration Platform. CyberloQ has created what it believes is the most robust, flexible and dynamic... read more

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more