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Castles Technology announces the acquisition of Spire Payments

02 Oct 20 @ 14:59

Castles Technology has completed the acquisition of the business and assets of Spire Payments, the leading European based EFTPOS terminal solutions provider. With the acquisition of the business and assets... read more

SWIFT sets sights on new service for low value cross-border payments

01 Oct 20 @ 09:06

SWIFT says it has a new service to help banks improve the experience for small and medium-sized enterprises (SMEs) and consumers who send low-value payments across borders. SWIFT is working... read more

EU proposes new rules to force Big Tech to share data

30 Sep 20 @ 18:36

The European Union (EU) is reported to be preparing new rules that will force Big Tech companies to share their customer data with smaller rivals. Citing an early draft of... read more

EBA launches EU-wide transparency exercise

30 Sep 20 @ 18:19

The European Banking Authority (EBA) has launched its 7th annual EU-wide transparency exercise. The objective is to provide market participants with updated information on the financial conditions of EU banks... read more

Amazon launch Amazon One contactless vein palm technology – Should we use it?

30 Sep 20 @ 13:36

Amazon has launched a new vein palm payment system, Amazon One, for physical shops which uses a simple, contactless wave of the hand. The Amazon One scanner registers an image... read more

Worldwide wearables market to maintain double-digit growth through 2024

29 Sep 20 @ 14:06

Global shipments of wearable devices are expected to total 396.0 million units in 2020 according to new data from the International Data Corporation. This marks a 14.5% increase from the... read more

Europe leads instant payments evolution – $18 trillion predicted by 2025

29 Sep 20 @ 13:07

A new piece of research has found that the value of instant payments, where transactions are completed within ten seconds, will reach $18 trillion by 2025, up from $3 trillion... read more

Consumers to spend 1 billion hours on m-commerce over Holiday season

29 Sep 20 @ 08:38

Global economies are still reeling from the COVID-19 pandemic, and a major consequence is that this year’s holiday season is poised to be very different to those in the past.... read more

UK Open Banking numbers surge to over 2 million

28 Sep 20 @ 14:46

The Open Banking Implementation Entity (OBIE), the body set up by the Competition and Markets Authority (CMA) to deliver Open Banking in the UK, has says that over 2 million... read more

Europe is building EPI – an alternative to Visa and Mastercard – might it work?

28 Sep 20 @ 14:31

Last year the European Central Bank said that it welcomed the European Payments Initiative (EPI), an initiative by some of Europe’s top banks to explore the development of a “rival... read more

European Union sets 2024 as target date for digital currency asset laws

28 Sep 20 @ 09:47

The European Union (EU) has laid out a new legal framework for oversight and governance of digital currency assets by 2024, hoping to provide greater comfort for financial institutions in... read more

European Commission urged to further regulate card fees

25 Sep 20 @ 12:40

The European Commission has adopted a new Digital Finance Package, including Digital Finance and Retail Payments Strategies, and legislative proposals on crypto-assets and digital resilience. The package aims to boost... read more

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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

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

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