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Global Core Banking to hit $10 billion

02 Sep 13 @ 17:25

The estimated size of the global core banking market is $8.6 billion in 2013. Celent predicts it will grow at a 4.0% rate over the next four years, reaching $10.1... read more

WorldPay eCommerce transaction volume grows 45%

02 Sep 13 @ 17:03

The eCommerce division of WorldPay has announced significant growth across all product groups with transaction volumes up 45% compared to the first half of 2012. In the first half of 2013,... read more

Deposits at ATMs growing

02 Sep 13 @ 16:55

Providers have been updating the ATM channel with new features and services including innovations in deposit making such as envelope-free deposits. This activity has resulted in an increase in deposit... read more

Vodafone launches M-Pesa in Delhi

23 Aug 13 @ 18:47

Vodafone India along with ICICI bank launched its mobile money transfer and payment service ‘M-Pesa’ in Delhi, expanding the footprint in the Capital. The company plans to roll-out the service... read more

South African mobile banking growth revealed

23 Aug 13 @ 18:45

Standard Bank says its mobile banking customers as at July 2013 have swelled to 3 million, representing a 58% increase from the same period last year. On 15 August the group reported a... read more

Bank of America surpasses 1 million small business mobile users

23 Aug 13 @ 18:44

Bank of America announced that it has surpassed 1 million small business mobile users.  “Today’s small business owners aren’t behind desks all day, and many don’t even have a desk,”... read more

Groupon move into POS terminals

23 Aug 13 @ 18:43

The acquiring business, already fraught with rivalry, became even more competitive with an announcement from daily-deals giant Groupon that it will supply traditional POS terminals to merchants as part of... read more

Coinbase enables bitcoins via text message

20 Aug 13 @ 18:41

Bitcoin wallet service Coinbase has created an SMS interface, which enables users to send and receive bitcoins via text message. Any Coinbase customer, regardless of the network they are on and whether... read more

Facebook testing new mobile payment option

20 Aug 13 @ 18:39

Facebook is entering the mobile payment market with a new PayPal-like product. The on-the-go purchasing system would allow shoppers to input their Facebook login details to bypass the hassle of... read more

Visa Europe appoints new CEO

20 Aug 13 @ 18:38

Visa Europe announced the appointment of Nicolas Huss as its next President and CEO. Huss (48) will join Visa Europe from Apollo Group, where he is Chief Executive, Avant Spain... read more

Regulator fines Square $500k

20 Aug 13 @ 18:37

Square has been hit with a $507,000 fine by the Florida Office of Financial Regulation for operating in the state without a money transmitter license. In an order dated 24... read more

Stripe launches in the UK

20 Aug 13 @ 17:35

American payments start-up Stripe has officially launched in the UK and is now setting its sights on mainland Europe. Stripe provides merchants with an API that they can embed into... read more

Trending

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more

Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more

UK Banks complete first live transactions using Tokenised Deposits

27 Sep 26 @ 18:52

Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more