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Report: International e-commerce will top $3 trillion in 2019

25 Oct 19 @ 12:19

A new Internet Retailer survey and report finds that global e-commerce will top $3 trillion this year for the first time. Online retail sales are projected to grow at compound... read more

Vocalink and LINK extend partnership until 2031

25 Oct 19 @ 11:59

Vocalink has announced that it has signed a new contract with LINK to continue to provide ATM switching and settlement services until 2031. Having been the infrastructure partner to LINK... read more

Passwords the weakest link as GCHQ prevents over 1 million stolen credit cards

25 Oct 19 @ 09:20

The National Cyber Security Centre (NCSC), a division of intelligence agency GCHQ, 2019 report revealed that the scheme Operation Haulster automatically flagged details of more than 1 million stolen credit... read more

European payments industry forms new association: Payments Europe

22 Oct 19 @ 20:00

European and global card-based payment solution providers are coming together to strengthen the voice of the industry and to form a new association: Payments Europe. The new body represents card... read more

Major payments networks hit back with One-Click payments platform

22 Oct 19 @ 11:31

The world’s biggest card networks — including Visa, Mastercard, American Express and Discover Financial Services — have joined forces to create a new one-click payments button, using the EMVCo’s EMV... read more

Finance sector feels negative impact of cloud migration

22 Oct 19 @ 11:17

Research has found that 86% of finance companies say that a lack of ability to migrate legacy apps to the cloud is impacting their business negatively, despite 85% viewing digital... read more

EBA extends SCA deadline to December 2020

18 Oct 19 @ 13:44

After a period of deliberation during which many of the Financial Conduct Authorities or European country equivalents authorised their own delays, the European Banking Authority (EBA) has elected to move... read more

Transact Payments partner with Irish credit unions

17 Oct 19 @ 12:34

Transact Payments Limited (TPL) has teamed up with some of the largest Credit Unions in Ireland under the currentaccount.ie brand to roll out a full-service Current Account for Credit Union... read more

The Italian Banking Association passes blockchain Spunta Project for rollout

17 Oct 19 @ 01:01

The Italian Banking Association (ABI) says that its Spunta Project, a blockchain-based application for interbank reconciliations, has successfully completed all technical tests. The Spunta Project began back in December 2017 when... read more

Samsung and Mobeewave partner to deploy Samsung POS mPOS payments

17 Oct 19 @ 00:49

Samsung says that in partnership with Mobeewave, a pioneer in contactless mPOS acceptance, the companies will deploy Samsung POS, NFC-enabled contactless payment acceptance on mobile devices worldwide starting October 2019.... read more

Securities Exchange Commission halts Telegram Token IPO

16 Oct 19 @ 01:04

Just as the Telegram Open Network (TON) platform was about to launch, the powerful and influential US SEC (Securities Exchange Commission) stated that the ICO that took place in 2018 and... read more

OpenWay improves speed-to-market for Acquirers with WAY4 Acquiring Start

15 Oct 19 @ 13:27

OpenWay has unveiled WAY4 Acquiring Start, an off-the-shelf acquiring solution. It helps banks, processors, PSPs, and retailers launch merchant acquiring – from idea to production – within a few months. In-store and digital acquirers... 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