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UK banks could lose 45% of their customers to alternative financial institutions

10 Feb 16 @ 08:53

A new study by Personetics has revealed that nearly half (45%) of...

UK government pushing open banking API framework

10 Feb 16 @ 08:00

UK Banks should share their customer data to help consumers compare banking...

Visa opens Global Network with launch of Visa Developer

09 Feb 16 @ 13:19

Visa Inc. has launched Visa Developer, a milestone that transforms the world’s...

Global mobile payment market to reach $620 billion in 2016

09 Feb 16 @ 13:08

With major smartphone brands Apple and Samsung making a big entrance into...

The Internet of Things is a can of worms – how to keep it sealed

09 Feb 16 @ 12:59

Innocuous devices, the Internet of Things search engine Shodan recently found to be vulnerable to cyber attacks, include a teddy bear able to remotely send voice messages

Payment Cards Statistical Yearbooks 2015-16

08 Feb 16 @ 12:30

Stay one step ahead with deep industry information and a wealth of statistics from central banks, interbank companies and associations and individual banks. The Payment Cards Statistical Yearbooks give a market... read more

American Express leads in $1.2 trillion T&E sector

08 Feb 16 @ 12:15

The T&E sector, consisting of American Express, JCB and Diners Club, represents only a small proportion of the total payment cards market, but is nevertheless a huge segment in its... read more

Fit Pay secures $3.1 million in seed funding

08 Feb 16 @ 12:08

Fit Pay, a wearable payments startup founded by former Visa and CyberSource executives, has raised $3.1 million in a seed funding round led by Germany’s Giesecke & Devrient. The startup,... read more

Stellar launches instant money transfer service in Nigeria

08 Feb 16 @ 12:05

Stellar.org, a non-profit startup foundation that supports a universal financial platform, has been a part of the Fast Forward accelerator, which is funded in part by Google and BlackRock. The instant... read more

The cheque is dead – Long live the cheque

04 Feb 16 @ 16:39

On learning that his obituary had been published, Mark Twain telegraphed: “Reports of my death are greatly exaggerated”. The same could be said of the cheque.

Gen Y consumers drive future of payments in Asia Pacific

04 Feb 16 @ 16:31

The power within the payment value chain in Asia is shifting to Gen Y consumers aged 25-34, a new study finds.

Interchange regulation begins to take effect in Europe

04 Feb 16 @ 15:24

As of December 9, interchange regulation, which caps rates in Europe are now capped at 30 bps for credit cards (commercial cards excluded) and 20 bps for debit and prepaid cards.

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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