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Russia and Iran consider stablecoin for cross-border trade settlement

26 Jan 23 @ 14:00

Local Russian news outlets are reporting that Russia and Iran are considering a stablecoin collaboration to skirt financial and economic restrictions imposed by the US, EU, UK and other countries,... read more

Ingenico and Fujitsu unveil palm vein identification for in-store commerce

25 Jan 23 @ 19:14

Ingenico and Fujitsu Frontech have unveiled the world’s most “secure, accurate and seamless biometric payment solution” based on palm vein identification. Designed on Ingenico’s AXIUM range, its Android payment terminals,... read more

New European Parliament legislation for banks on crypto seen as “prohibitive”

25 Jan 23 @ 09:51

The Economic and Monetary Affairs Committee, part of the European Parliament, has voted to impose strict restrictions on banks seeking to hold crypto. Banks will have to treat crypto as... read more

PayPal Germany hit with antitrust regulatory probe

24 Jan 23 @ 17:14

PayPal has fallen foul of antitrust investigators in Germany – where the Federal Cartel Office (FCO) has announced it’s looking into its rules on surcharges. Germany’s cartel office said it had initiated... read more

US Banks toughen competition in digital wallet race

24 Jan 23 @ 14:57

That consumers are turning to digital wallets at an increasingly faster pace is no major headline. However, the losses that the move could cause banks is definitely a painful awakening... read more

Amazon and Stripe partner to streamline e-commerce payments

24 Jan 23 @ 10:37

Amazon and Stripe have signed an expanded global agreement, deepening the companies’ long-standing partnership. Under the new agreement, Stripe will become a strategic payments partner for Amazon in the US,... read more

DBX: The Digital Banking Experience Report

23 Jan 23 @ 17:09

Sopra Steria has revealed the results of its Digital Banking Experience Report (DBX) For the second year running, IPSOS and Forrester assessed banks’ digital maturity and ability to keep pace... read more

Paying with BNPL leads to 72% higher transaction value

23 Jan 23 @ 12:51

Consumers spend on average 72% more per e-commerce transaction if they can pay with BNPL instalments, according to a recent study from Erasmus University Rotterdam (EUR). The study investigated a... read more

A week in cryptocurrency – Highs…Lows

20 Jan 23 @ 16:44

This week has, as usual, been rich in cryptocurrency news. FTX is way down the rankings but the mood out there is still on a knife edge. As per an... read more

The Universal Digital Payments Network launches at WEF

20 Jan 23 @ 13:10

An interesting announcement relating to the payments industry has materialised from the World Economic Forum by the name of The Universal Digital Payments Network (UDPN). The UDPN was launched to... read more

Money laundering fines hit $5 billion in 2022

20 Jan 23 @ 11:22

Money laundering and other financial crime fines handed out to banks and FI’s have peaked at more than 50% of last years total, demonstrating that the penalties are simply failing... read more

“Slick” – How LockBit became the world No.1 ransomware group

19 Jan 23 @ 16:42

LockBit has been busy: in just the past month, it has claimed to have compromised 40 organisations, from a private school in Malaysia to a dental group in Sydney, helping... read more

Nigeria’s payments opportunity may be slow in coming – but will be huge

19 Jan 23 @ 11:00

Nigeria’s mobile-payments transactions are growing at one of the fastest rates in the region, with the sector looking set to dominate the future of payments here, according to a brand-new... read more

51% of European businesses believe BaaS will replace traditional banking

19 Jan 23 @ 09:56

Over half of European business leaders expect Banking-as-a-Service (BaaS) to make traditional banking obsolete, according to new research from Vodeno/Aion. The report – Banking-as-a-Service 2.0: Why Embedded Finance will make its... read more

The role of FinOps: Cloud spend transformation requires a new approach

18 Jan 23 @ 10:00

Global cloud spending has reached its peak over its history. According to Gartner, the total amount of investments in the industry will reach $830 billion by 2025. The actual figures... read more

Android banking Trojan Godfather rears ugly head

17 Jan 23 @ 18:23

Researchers at Cyble Research & Intelligence Labs (CRIL) have found a new version of the Android banking Trojan called Godfather. The new version of Godfather uses an icon and name similar... read more

Trends for 2023: FinTech and its rapid regeneration

17 Jan 23 @ 13:20

FinTech start-ups are facing the rockiest market conditions since they were founded, but many are already adapting by expanding into new spaces and catering to enterprises. FinTech is undergoing a... read more

The Eurogroup wades in on the digital euro project

17 Jan 23 @ 11:00

Since the launch of the investigation into the possible issuance of a digital euro in October 20211 in response to the invitation by Leaders at the Eurosummit, the Eurogroup has held... read more

Trending

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