Daily News

25 Jul 17 @ 11:31

In less than five months, the EPC’s SEPA Instant Credit Transfer (SCT Inst) scheme will be operational. The implementation of this new and optional scheme – the exact starting date of which... read more

25 Jul 17 @ 10:02

Global non-cash transaction volumes grew 11.2% during 2014–2015 to reach 433.1 billion, the highest growth of the past decade, and slightly above last year’s World Payments Report prediction (Figure 1.1).... read more

25 Jul 17 @ 09:03

UniCredit has started testing with the first pan-European instant payment solution, RT1, in preparation for its instant payments go-live. The real-time payments product will first become available to UniCredit customers... read more

24 Jul 17 @ 15:45

Within the top-10 markets for non-cash transactions volumes, China climbed to third place with 38.1 billion transactions, surpassing 2014’s number three market Brazil, which fell to fourth place with 29.0... read more

24 Jul 17 @ 15:02

PayPal has signed a deal with Visa that allows it to issue Visa branded debit cards in Europe, as the company moves further into traditional retail banking territory. The two... read more

24 Jul 17 @ 11:35

The global payment cards market has grown to 14 billion cards, with UnionPay consolidating its position as the largest scheme – A billion new cards issued in just one year.... read more

06 Jul 17 @ 14:45

Swift says that is has signed an additional 22 banks to its blockchain proof of concept (PoC). The project is designed to determine if blockchain technology can help banks reconcile... read more

06 Jul 17 @ 14:32

Within the US, 660 bank holding companies associated with regulated depository commercial banks and savings banks exist with $1 billion or more in assets according to data sourced from SNL.... read more

06 Jul 17 @ 14:20

It is now almost 18 months since the introduction of the Interchange Fee Regulation. IFR covered a good deal more than the interchange fee caps and included substantial changes to... read more

05 Jul 17 @ 17:55

Worldpay has agreed a £9.1bn deal to be acquired by US rival Vantiv, sending shares in the company down sharply. Worldpay fell close to 10% to £3.68, soon after unveiling... read more

05 Jul 17 @ 13:35

Is mobile money a haven for money launderers? There have been a number of developments in the international financial system in recent decades that have made finding, freezing and forfeiting... read more

05 Jul 17 @ 08:59

FICO has released its annual interactive map of European card fraud, which shows that card fraud losses for 19 European countries hit approximately €1.8 billion, a new high. The UK... read more