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Macropay launches specialist platform for local and alternative payments

13 Feb 20 @ 16:52

Macropay has announced the launch of a proprietary platform for local and alternative payments which it has developed in-house to strict global standards. The new platform enables thirteen different local... read more

Major banks implicated as cryptocurrency fraud skyrockets to losses of $4.5 billion

12 Feb 20 @ 10:33

CipherTrace released its Q4 2019 Cryptocurrency Anti-Money Laundering Report. Among key research findings in this fascinating report, it was discovered that cryptocurrency users, exchanges and investors suffered $4.5 billion in crypto-related... read more

Point-to-Point Encryption (P2PE) is evolving – are you?

12 Feb 20 @ 10:08

Are you tired of the worn-out phrase “there is no silver bullet to PCI compliance”, or are you still looking for that magic solution to solve all your problems? If... read more

Future of Banking: The need to strike balance between technology and risk mitigation

11 Feb 20 @ 19:49

Technology and data advances will enable banks to provide customers with a hyper-personalised largely automated service within the next decade, replacing the traditional retail products-based approach. But the extent of... read more

Contactless payment transactions to reach $6 trillion 2024

11 Feb 20 @ 19:31

New data forecasts that global contactless payment transaction values will reach nearly $6 trillion in 2024, up from $2 trillion in 2020. The data found that this increase will be... read more

Mastercard prepare for domestic operations in China through NetsUnion JV

11 Feb 20 @ 15:56

Mastercard has announce that it has received in-principle approval from the People’s Bank of China (PBOC) to begin formal preparations to set up a domestic bankcard clearing institution in China.... read more

WhatsApp Pay sets sights on national roll-out in India

10 Feb 20 @ 17:10

The National Payments Corporation of India (NPCI) has granted permission to WhatsApp Pay, which will cater to 10 million users in India, close to two years after the company’s pilot run.... read more

Australian regulator seeks to break Visa and Mastercard debit card dominance

10 Feb 20 @ 16:29

It has been reported that the Australian regulator, RBA, will consider intervening to stop banks from automatically directing contactless debit card payments through the Visa and Mastercard networks, the central... read more

RS2’s new direct acquiring business launches in Latin America with MOViiRED

07 Feb 20 @ 16:46

RS2 Group has entered into a partnership agreement with MOViiRED Colombia. As part of this partnership, RS2 will launch its new direct acquiring business for the first time anywhere in... read more

Visa planning big changes to its interchange fee structure

05 Feb 20 @ 17:00

Visa is reported to be planning a complete overhaul of its interchange fee structure that merchants pay to accept its cards, hoping to persuade more people to abandon checks and... read more

Biometric authentication of mobile payments to surge 1,000% to $2.5 trillion

05 Feb 20 @ 15:03

According to a new report, biometric authentication will be used to secure $2.5 trillion worth of mobile payment transactions by 2024, an increase of almost 1,000% on the $228 billion... read more

European card payments growth slows to 2.7% as digital payments start to bite

04 Feb 20 @ 10:14

Independent research conducted for the Digital and Card Payments Yearbooks suggests that account-to-account digital payments may be starting to replace card payments in some of the world’s most advanced payments... 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