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EACHA deliver ACH interoperability of Instant Payments in Euro

22 Feb 16 @ 10:09

EACHA leads, upon invitation by the ECB, a taskforce consisting of ACHs (including members of EACHA, EBA Clearing and representatives of Target2), national central banks, the ECB, and ad hoc... read more

Wirecard acquires Brazilian online payment service provider

22 Feb 16 @ 09:26

Wirecard has acquired all shares of the Brazilian company Moip Pagamentos S.A. (MOIP). Moip Pagamentos , with more than 150 employees at its location in Sao Paulo, is a fast... read more

Powa Struggle

19 Feb 16 @ 13:10

Having effectively blown up and being outed publicly earlier this week, Powa Technologies, the UK mobile commerce company valued at $2.7bn, had $250,000 available in its bank accounts at the... read more

Payments lessons from the music industry

19 Feb 16 @ 12:45

As Apple and the other handset giants turn their attention to financial services through the launch of their various ‘Pay’ solutions, will banks face a similar fate to that of... read more

Alternative finance market grows to £3.2 billion in 2015

19 Feb 16 @ 12:40

In 2015 the UK online alternative finance sector grew 84%, facilitating £3.2 billion in investments, loans and donations, according to a joint report published today by the Cambridge Centre for... read more

MasterCard contactless expenditure grew 375% in 2015

19 Feb 16 @ 12:27

The total number of MasterCard processed transactions passed the 1 billion mark in Europe last year – an increase of 150% from 2014. MasterCard’s latest figures reveal that the UK... read more

Peruvian banks and telcos launch domestic mobile money network

19 Feb 16 @ 09:54

Peru has launched a domestic mobile money network, with the aim of drawing five million of the country’s unbanked into the formal banking system. Dubbed ‘BIM’, the low-tech mobile money programme... read more

Amazon acquires India’s Emvantage Payments

17 Feb 16 @ 16:22

Amazon’s investment into the Indian market continued last night with the e-tailer announcing it had agreed a deal to acquire local online payments firm, Emvantage. Emvantage’s portfolio includes a range of... read more

Vodafone and TransferTo partner on M-Pesa

17 Feb 16 @ 16:02

TransferTo has partnered under a framework agreement with Vodafone Group to enable real-time international money transfers to M-Pesa Mobile Money accounts worldwide. Powered by TransferTo’s cross-border Mobile Money network, the... read more

Curve launch mobile payments app

17 Feb 16 @ 15:58

Curve, a London-based startup, allows people to combine an unlimited number of bank cards into one physical payment card, accepted everywhere MasterCard cards work. It is supported by a mobile... read more

NTT DOCOMO launch DOCOMO Digital to drive mobile commerce

17 Feb 16 @ 15:41

Japan’s largest mobile network operator, NTT DOCOMO, has set up DOCOMO Digital in London as a new global business operation to advanced the mobile commerce ecosystem and encourage financial inclusion... read more

only 37% of US merchants EMV ready – four months after the liability shift

17 Feb 16 @ 15:31

The Strawhecker Group (TSG) has released survey results that estimate 37% of US merchant locations are EMV ready four months after the October 1st, 2015 liability shift. TSG’s previous survey... read more

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Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more

UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more