Showing Latest Daily News
03 Dec 20 @ 13:19
BBVA, Spain’s second-largest lender by assets, and smaller Banco de Sabadell have ended their merger talks due to disagreement over pricing. Despite numerous calls for consolidation, the Spanish example underlines... read more
03 Dec 20 @ 09:55
At the end of this year, the transitional exemption on PSD2-SCA for e-commerce card payments will end. EPSM, the European trade association representing the interests of payment service providers for... read more
03 Dec 20 @ 09:00
Since September 2019, PSD2 RTS for Strong Customer Authentication (SCA) applies in the European Union. This revised Payment Services Directive makes SCA mandatory for banks and any sensitive operations, with... read more
02 Dec 20 @ 12:39
On October 27, 2020, the European Central Bank (ECB) issued a public consultation (Consultation) on its draft oversight framework for electronic payment instruments, schemes, and arrangements (PISA). The Consultation invites feedback on... read more
02 Dec 20 @ 11:10
Following the launch of USD collections for Amazon in the US, Canada and Mexico earlier this year, financial infrastructure provider Banking Circle is now providing USD collections for sellers across... read more
01 Dec 20 @ 16:28
Following a three-month public consultation, and in close collaboration with stakeholders from the entire payment value chain, the EPC has published the first version of the Single Euro Payments Area... read more
01 Dec 20 @ 15:52
New data has found that $1,120 billion will be spent by global online shoppers on international e-commerce websites and digital services in 2022. This will represent around 20% of total... read more
01 Dec 20 @ 12:36
Novalnet AG, a full-service Payment Provider, is partnering with Banking Circle, for faster and lower cost foreign exchange (FX) and settlement solutions for its 12,000+ customers around the world. Banking... read more
30 Nov 20 @ 12:26
Global organisations continue to put their customers’ cardholder data at risk due to a lack of long term payment security strategy and execution, flags the Verizon Business 2020 Payment Security... read more
30 Nov 20 @ 11:15
These days, the average consumer has multiple cards weighing down their pockets, from debit and credit cards, loyalty schemes, contactless public transport tickets, IDs, healthcare cards and more. This seems... read more
27 Nov 20 @ 14:57
Libra, Facebooks digital currency, is rumoured to be prepping for launch in early Q1 2021, but in a limited capacity to its already its already downgraded vision. The Libra Association... read more
26 Nov 20 @ 11:27
Sopra Steria, a supplier to the UK’s NHS, has admitted a ransomware attack on its systems last month is likely to cost the company between €40 million ($48 million) and... read more
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
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
15 Oct 26 @ 19:41
Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more