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ECB identifies 4 key payment systems as systematically important

29 Oct 14 @ 12:03

The European Central Bank (ECB) has flexed its muscles in the payment systems oversight area for the first time through the exercise of new powers by identifying 4 payment systems that... read more

70% of banks increasing innovation spend

29 Oct 14 @ 11:01

Despite conflicting priorities and the economic downturn, banks around the world are still increasing their investments in innovation. These key findings are part of Innovation in Retail Banking 2014, the... read more

Fintech investment: Sell the story…And keep selling it

29 Oct 14 @ 10:36

Much has been made of the boom in Europe’s financial technology sector in 2014. And, as our analysis of the publicly disclosed deals and investors in the fintech sector shows... read more

V.me digital payment service continues to grow in Europe

28 Oct 14 @ 13:51

Visa Europe says that V.me is now in pilot with Member banks in Norway, Sweden, Italy and Germany, taking the number of markets live or in pilot across Europe to 9.... read more

MyBank SEPA Direct Debit core mandates go live

28 Oct 14 @ 12:04

MyBank went live with MyBank Mandates for SEPA Core Direct Debits today following the successful conclusion of the first Joining Window. Financial institutions and service providers are in the process... read more

Apple Pay activates 1 million credit cards in first 3 days

28 Oct 14 @ 09:16

Timothy Cook, Apple CEO, has revealed that 1 million credit cards were activated on Apple Pay in the first three days that the mobile wallet went live, the New York Times... read more

Intel preps secure credit card transactions technology

27 Oct 14 @ 17:02

Swiping credit cards or using payment systems like Apple Pay at stores could become much safer thanks to a new Intel system, which could also make it easier for retailers... read more

US pharmacies disable NFC access to inhibit Apple Pay

27 Oct 14 @ 12:44

If it was easy, everyone would do it…or Google Wallet would already be a roaring success. However, it isn’t, and Apple Pay is now discovering its entry into the payments... read more

PCI SSC warning: European online transactions under cyber attack

24 Oct 14 @ 15:51

European merchants need to pay more attention to securing electronic payments, warns the Payment Card Industry Security Standards Council (PCI SSC), in a stark warning over cyber attack. This was one of... read more

Global mobile payments trends in 2014

24 Oct 14 @ 15:45

The payments industry is approaching an inflection point with respect to whether the mobile wallet and mobile payments could become a viable every day payment tool. More and more consumers are... read more

President Obama to speed US EMV adoption

24 Oct 14 @ 15:38

In a bid to speed up US EMV adoption in the wake of recent payment card breaches at retailers, President Obama has signed an executive order directing government agencies to shift to... read more

Carney launches review Chaps payment system outage

23 Oct 14 @ 16:58

The Bank of England governor, Mark Carney, has launched an independent review into the worst disruption of Britain’s banking payment system, the Chaps payment system, in seven years. The BoE said part of its real-time gross settlement... 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

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

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more