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US merchants paid $88.39 billion in card fees in 2016

18 May 17 @ 10:24

Credit, debit, and prepaid general purpose and private label cards issued in the United States generated $5.936 trillion in payments for goods and services in 2016. Card fees, which include... read more

The changing face of UK payments – Mobile payments and the rise of data

18 May 17 @ 10:11

The UK Payments industry, along with the rest of Europe, is facing a raft of challenges in the near future, from the proliferation of alternative payment channels, increasingly demanding merchant... read more

PayPal partners with Android Pay for mobile payments

18 May 17 @ 09:46

In news from the Google I/O the tech giant announced that they will partner Android Pay and PayPal for a mobile payments platform, the companies announced this morning. The partnership... read more

Fight over EBA’s recommendation on Screen Scraping hots up as banks up the ante

17 May 17 @ 12:55

Just days after a coalition of 56 FinTech vendors lobbied the European Banking Authority in a strongly worded petition regarding the practice of Screen Scraping, The European Banking Federation (EBF) is asking the... read more

STS launches PayOp – a new Terminal Management Systems

17 May 17 @ 09:00

STS has launchesd PayOp, its next generation payments operational management system. PayOp will support traditional terminal management functions alongside new smart features such as analytics and operational insight. Critically, PayOp is... read more

Samsung Pay now available to UK Visa cardholders

16 May 17 @ 13:29

Samsung Pay has launched in the UK. Visa account holders can now use their compatible Samsung smartphones for purchases worldwide. Visa’s tokenisation service enables cardholders to add their Visa credit and... read more

AI and machine learning is catching up with financial criminals

16 May 17 @ 10:29

When transaction volume goes up, banks and other financial institutions have turned to machine learning and AI to help streamline services. In the UK alone, over 72,000 payments are made by... read more

Visa launches Visa Checkout online payment portal in UK

16 May 17 @ 10:17

Visa has launched its online payment method, Visa Checkout in the UK, with travel company lastminute.com, the first domestic merchant to offer the payments platform. According to Visa, Visa Checkout allows... read more

PSD2 access to accounts: A huge hidden revenue opportunity for banks

15 May 17 @ 11:51

There is a widely-held belief in the banking industry that PSD2 access to accounts (XS2A) has to be provided for free. This is not true. Sure, Europe’s banks must grant... read more

Mastercard and Visa make gains in MEA – fastest growing payment cards region

15 May 17 @ 11:41

According to new research the number of payment cards in issue in the Middle East and Africa (MEA) increased by 13% to 611 million in 2015, making it the world’s fastest... read more

Mobile wallets poised for growth: A new research study

15 May 17 @ 11:09

Two out of three US smartphone users have made a mobile payment in the past 12 months; two out of five have a mobile wallet on their phone; and one... read more

Rabobank and Signicat launch Digital Identity Service Provider

12 May 17 @ 12:01

Rabobank and Signicat are entering the Dutch identity market together by providing digital services to businesses, supporting them in servicing their clients. This joint Digital Identity Service Provider (DISP) offers... 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