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Instagram launches in-app payments feature for commerce

08 May 18 @ 10:15

Instagram has stealthily added an in-app payments feature to its app for some users in certain regions. It allows users to register a debit or credit card as part of a... read more

Anti-money laundering – blind justice or justice that turns a blind eye?

08 May 18 @ 09:33

International efforts to combat money laundering – which latterly have been closely connected with frustrating tax evasion and aggressive tax avoidance – and to staunch the supply of money to... read more

The Challenge for Retailers – Building an Open Payment Platform

04 May 18 @ 10:52

In the last decade, contactless technologies, the mobile Internet and always connected mobile devices have significantly changed the way consumers consider their shopping experience. Consumers are also looking for seamless... read more

Visa hit by EC complaint over damaging fee changes initiated by CMSPI

04 May 18 @ 09:13

An independent payments consultancy, CMSPI, has initiated a complaint with the European Commission over changes Visa is making to its fees, claiming the card scheme’s actions could cost small businesses... read more

Danske Bank in trouble over weak anti money-laundering controls

04 May 18 @ 09:00

In a week that saw the Australian banking industry under scrutiny, Danske Bank has also been extensively criticised and reprimanded by Danish regulators over weak or non-existent money-laundering controls that... read more

Infographic: 16 Blockchain technology disruptions

02 May 18 @ 15:53

Blockchain technology is probably one of the most impactful discoveries in the recent history. After all, it has a massive potential to change how we handle online transactions. Despite some... read more

Santander to issue Mastercard Debit in the UK

02 May 18 @ 15:51

Mastercard and Santander have announced that they will work together to issue debit cards to all the Bank’s retail current account customers on Mastercard’s network. Customers will begin to receive... read more

World Bank report shows financial inclusion on the rise

02 May 18 @ 10:26

Financial inclusion is on the rise globally, accelerated by mobile phones and the internet, but gains have been uneven across countries. A new World Bank report on the use of... read more

NPSO takes over consolidation of Bacs and Faster Payments

01 May 18 @ 13:19

The New Payment Systems Operator (NPSO) has announced that it has taken over responsibility for the operation of Bacs and Faster Payments. The completion of this transaction represents a significant... read more

Financial Application Vulnerabilities Report

01 May 18 @ 09:56

The Financial Application Vulnerabilities Report, announces the findings of an annual report on the state of e-banking security by Positive Technologies. The report is drawn from audits performed by the company, finds that... read more

Zelle announces $25 billion in P2P payments in Q1

30 Apr 18 @ 13:32

In the first quarter of 2018, more than $25 billion moved through the Zelle Network, up 15% quarter-over-quarter (QoQ), on 85 million transactions, up 14% QoQ. “Zelle is replacing cash and checks for sending... read more

ABT, M-Ticketing, EMV: the top trends in transport ticketing

30 Apr 18 @ 10:24

Traveller expectations are at an all-time high. In the age of on-demand, mobile services and the convenience of ‘tap-and-go’ M-Ticketing technology, the public transport industry is under increasing pressure to... read more

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Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

FCA probes Paypal, Mastercard and Visa competition

07 May 26 @ 16:30

The UK’s Financial Conduct Authority has opened a competition investigation into PayPal, Mastercard and Visa, examining whether commercial arrangements linked... more

Bank of England Warns DLT Complexity in Settlements

18 May 26 @ 17:07

The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more