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Japan prepares to launch digital Yen

27 Jan 20 @ 09:05

According to Reuters, about 70 lawmakers from the ruling party feel a digital yen is needed to counter the approaching launches of Libra and China’s own digital currency. The effort... read more

New York City makes ruling against stores going cashless

24 Jan 20 @ 16:24

Following on from a ruling in Philadelphia in March 2019 and highlighting just how difficult it will be for society to go completely cashless, New York City Council approved legislation... read more

Hong Kong and Thailand report on central bank digital currency prototype

24 Jan 20 @ 12:53

The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) have announce the outcomes of and a report on a joint Central Bank Digital Currency (CBDC) research project... read more

European GDPR fines against data breaches much higher than expected

22 Jan 20 @ 19:12

According to DLA Piper‘s latest GDPR Data Breach Survey, data protection regulators have imposed €114 million (approximately $126 million or £97 million) in fines under the GDPR regime for a wide range of... read more

How the e-commerce market will shape up in 2020

22 Jan 20 @ 18:55

2019 was certainly a memorable year for the FinTech industry with the final implementation of the second Payment Service Directive (PSD2) and Strong Customer Authentication (SCA) continuing to set the... read more

European Banks seek clarification on e-money definition and fraud reporting

21 Jan 20 @ 14:29

Banks from across nine EU countries have endorsed a note seeking clarification on the definition of e-money transactions and the related fraud reporting requirements issued by the European Banking Authority... read more

Central bank group assess potential for central bank digital currency

21 Jan 20 @ 14:06

The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Sveriges Riksbank and the Swiss National Bank, together with the Bank for International... read more

Report: The global merchant e-commerce study

20 Jan 20 @ 17:23

Cross-border sales have opened the door to a world of opportunity and e-commerce companies are eager to storm through. The expansion of international sales is not only a key growth... read more

Open Banking adoption surges past 1 million customers

20 Jan 20 @ 15:53

New figures published show that customer use of Open Banking in the UK has surpassed the 1 million customer mark for the first time. Customer numbers have grown strongly, doubling... read more

US multi-stakeholder initiative launches The Digital Dollar Project

17 Jan 20 @ 10:05

The Digital Dollar Project is a not for profit effort, in collaboration with Accenture, to advance exploration of a United States Central Bank Digital Currency in order to advance the... read more

UK tech sector beats both US and China to lead global growth

17 Jan 20 @ 09:49

In what was another record-breaking year, investments in the UK tech sector soared to £10.1 billion ($13.2 billion) in 2019 – a £3.1 billion increase on 2018’s very strong figures... read more

Equifax data breach settlement set at $1.38 billion

17 Jan 20 @ 09:09

Equifax’s failure to patch a known web application security flaw—that later proved to be the root cause of the its massive data breach in 2017—is $1.38 billion. Equifax has agreed... 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