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Monzo in double trouble as it issues results warning and faces AML probe

02 Aug 21 @ 18:37

Its safe to say Monzo is not having a good couple of weeks. On 30th July the company issued a PR which saw £114.8 million in pre-tax losses* last year... read more

Luis de Guindos on the record: Euro area banks in the recovery

02 Aug 21 @ 18:16

In a recent speech by Mr Luis de Guindos, Vice-President of the European Central Bank, at the Frankfurt Euro Finance Summit in Frankfurt, the seasoned banker made clear that Europe’s... read more

NCR agrees to acquire cryptocurrency solution provider LibertyX

02 Aug 21 @ 17:32

NCR , best know for its ATM’s and POS solutions, has announced a definitive agreement to acquire LibertyX, a cryptocurrency software provider, with a view to providing a complete digital... read more

Payments Cards & Mobile Jobs of the Week

30 Jul 21 @ 16:49

We have a great lineup of exciting jobs for you this week. Check them out now and be sure to click apply if you like what you see. Your dream... read more

O-CITY and DSK Bank team up to launch contactless payments in Bulgarian public transport

30 Jul 21 @ 09:57

BPC’s smart city payment division O-CITY  has partnered with DSK Bank in Bulgaria and its subsidiary DSK Mobile, both part of OTP Group and local operator CNS, which is delivering... read more

Tesco Bank calls time as it closes all its customer current accounts

26 Jul 21 @ 13:26

Tesco Bank has announced it will close all of its current accounts because most customers are no longer using them. The bank has estimated only 12% of its current accounts... read more

Finding the right mix: AML for cryptocurrency payments

23 Jul 21 @ 12:17

The global Financial Action Task Force (FATF) updated its guidance on how to manage anti-money laundering (AML) measures in cryptocurrency payments fully two years ago – yet recent evidence suggests... read more

Visa continues acquisitive direction with purchase of Currencycloud

23 Jul 21 @ 12:07

Visa has announced it has signed a definitive agreement to acquire Currencycloud, a global platform that enables banks and FinTechs to provide innovative foreign exchange solutions for cross-border payments. The... read more

Payments Cards & Mobile Jobs of the Week

23 Jul 21 @ 11:56

And just like that, the world almost feels normal again. Restrictions have lifted, and there’s life back in the economy at last! One tell-tale sign of this? Companies are on... read more

Spending on crypto-linked Visa cards topped $1 billion in H1 2021

16 Jul 21 @ 13:32

Visa says its customers spent more than $1 billion on its crypto-linked cards in H1 2021, as the payments processor takes steps to make crypto transactions smoother. The company said... read more

Mastercard ban in India set to cause issues for domestic banks

16 Jul 21 @ 10:50

India’s decision to ban Mastercard for non-compliance with data storage rules has unsettled the country’s financial sector as it will disrupt banks’ card offerings and hit revenues, payments and banking industry... read more

Open Banking hits four – are we open for business?

16 Jul 21 @ 10:36

It’s been four years since UK regulators fired the starting gun on Open Banking, followed closely by the EU and 36 other markets world-wide. As a major new study into... read more

Payments Cards & Mobile Jobs of the Week

16 Jul 21 @ 10:20

Are you looking for a new job at the moment? How exciting! However, we know it can be stressful and somewhat scary at the best of times, particularly now, as... read more

P27 secures merger approval from EU Commission

09 Jul 21 @ 15:25

The European Commission has announced merger approval for the P27 Nordic Payments initiative to establish its pan-Nordic payments platform. This approval marks a significant milestone for the initiative which is... read more

Digital lenders must adopt better payment services to succeed

07 Jul 21 @ 11:08

A new wave of digital-first lenders is opening up access to loans and investment capital for Europe’s SMEs, a trend which could lead to an economic revolution. In a new... read more

Technical info for implementing ISO 20022 for improved retail payments

07 Jul 21 @ 10:20

The New Payments Architecture (NPA) will aim to offer various benefits for businesses and personal clients residing in the United Kingdom, which may assist with improving the way they control their professional... read more

Real-time payments now as popular as cash in Southeast Asia

07 Jul 21 @ 08:16

Real-time payments are now as popular as cash as a payment method for consumers in Southeast Asia, according to new research from ACI Worldwide and YouGov. Three out of five consumers... read more

Report: UK and Nordics lead Open Banking in Europe

07 Jul 21 @ 07:59

According to a new report by Payments Cards & Mobile and Mastercard, which conducted in-depth research into how prepared European countries are to embrace the Open Banking ecosystem, the Nordic... read more

Trending

Visa launches Intelligence Commerce Connect tool

14 Apr 26 @ 20:03

Visa is stepping up its push into agentic commerce with the launch of Intelligent Commerce Connect, a new tool intended to help businesses plug into AI-driven s... more

Revolut eyes an IPO, but the valuation story is the real headline

21 Apr 26 @ 14:35

Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more

American Express launches agentic commerce developer kit

16 Apr 26 @ 11:46

American Express is positioning itself early for what could become one of the next major shifts in digital payments: AI agents that do more than recommend produ... more