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Upcoming revision of the Interchange Fee Regulation (IFR)

20 Apr 20 @ 12:09

Payments Europe welcomes that the European Commission has started assessing the impact and consequences of the Interchange Fee Regulation (IFR) and has written a paper to support this. The European... read more

Regulation and contactless boost card acceptance in Europe

20 Apr 20 @ 09:34

Regulations and ongoing rollouts of contactless terminals at POS are boosting card acceptance networks, with cardholders throughout Europe increasingly using their cards for low-value payments – regulatory factors are playing... read more

Can China’s P2P lending market bounce back?

17 Apr 20 @ 11:34

The P2P lending economy of China was one of the biggest markets that happened to the economy as investment options diversified, and loans were made available for even those who... read more

Santander launches money transfer app PagoFX

17 Apr 20 @ 10:55

Santander has announces the launch of PagoFX, a low-cost international money transfer service, with a view to taking on TransferWise and others, in the UK. The service is available via... read more

European mobile wallets market to hit $111.4 billion by 2023

16 Apr 20 @ 11:23

The global payment industry has undergone massive change during the past decade, with more and more people utilising the benefits of FinTech. The global shift towards a cashless society has... read more

How Finastra survived a ransomware attack without paying ransom

16 Apr 20 @ 10:29

When hackers silently forced their way into the computer network Finastra in mid-March, the company was focused on developing emergency plans for operating amid the emerging COVID-19 coronavirus pandemic. Moving... read more

Why numberless cards are not enough to tackle payment fraud

16 Apr 20 @ 08:30

A UK cybersecurity startup, swIDch, has announced an alternative technology to overcome the limitations of numberless cards by using dynamic PANs (primary account number), thereby creating a new security environment in... read more

Vodafone finalise sale of M-Pesa to Safaricom and Vodacom

15 Apr 20 @ 12:50

Safaricom of Kenya and Vodacom of South Africa say that they have completed the acquisition of mobile money platform M-Pesa from Vodafone. “The transaction… will accelerate M-Pesa’s growth in Africa... read more

Winwatch launch world first analogue watch with STISS “payment glass”

15 Apr 20 @ 11:39

Payments app MuchBetter and Swiss watch smart glass provider, Winwatch, have teamed up to launch a unique analogue payments steel watch with smart payment functionality. It is the first watch to use “STISS”... read more

OpenPayd enhances SEPA payment capabilities

15 Apr 20 @ 10:54

OpenPayd, an API-first Banking-as-a-Service provider, has announced it has enhanced its payments capabilities with direct access to the SEPA payment scheme (Single Euro Payments Area). The new integration will see... read more

Compass Plus migrates Network International Egyptian Issuers

15 Apr 20 @ 10:35

Compass Plus has successfully migrated Network Internationals 12 Egyptian issuer processor clients (banks) to Compass Plus software from legacy infrastructures, applying its experience and expertise from similar global projects. Seeking... read more

Nacha report: The top 50 ACH payments Originators and Receivers

09 Apr 20 @ 10:14

The Nacha Top 50 rankings of financial institution originators and receivers of ACH payments for 2019 are now available. Among originating financial institutions, the Top 50 handled ACH volume of... 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