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Sainsbury’s settle UK interchange fee suit with Mastercard

09 Aug 21 @ 10:55

Sainsbury’s has reached a settlement with Mastercard over over interchange fee that the UK’s highest court ruled are unlawful last year. British courts ruled last year that so-called interchange fees... read more

Apple Cash now supports Mastercard debit cards

06 Aug 21 @ 15:04

Apple Cash has made a significant update to its product to include Instant Transfer support for Mastercard debit cards, while an upcoming change will increase transfer fees to 1.5% of... read more

Could the Boston Fed and MIT digital currency displace crypto in the US?

06 Aug 21 @ 14:57

How soon can the Fed create an effective central bank digital currency? Last year the Boston Fed asked researchers at MIT to embark on a project to build and test... read more

Payments Cards & Mobile Jobs of the Week

06 Aug 21 @ 13:30

If you’re looking for an exciting new job, then you have absolutely come to the right place! Every week for the last number of months we have been sharing brilliant... read more

CMA mandates Variable Recurring Payments for Sweeping

05 Aug 21 @ 15:25

The Open Banking Implementation Entity (OBIE) has announced that the Competition and Markets Authority (CMA) has upheld, in line with the Trustee’s recommendations to mandate Variable Recurring Payments (VRPs) as... read more

The payments landscape in the UK after Brexit

05 Aug 21 @ 12:27

The UK payments industry highly values the work of the European Payments Council (EPC) and its members ensured the UK retained its membership of the Single Euro Payments Area (SEPA),... read more

Alpha Bank and Nexi sign Greek acquiring and technology deal

05 Aug 21 @ 10:11

Alpha Bank and Nexi have announced a long-term commercial agreement to establish a marketing and distribution strategic partnership, enabling Alpha Bank, through its widespread network of over 300 branches across... read more

Chip shortage threatens vital economic sectors: Payment systems and electronic identities

04 Aug 21 @ 12:07

The global chip shortage is causing bottlenecks in numerous industries. There is now a warning of failures in economically critical areas such as connectivity, payment systems and electronic identities –... read more

PayPal looks to launch crypto trading in the UK

03 Aug 21 @ 15:24

PayPal says it is going to use the United Kingdom as the next market in which to expand its crypto trading services. According to the company’s Q2 earnings call, PayPal has done... read more

Half of global population to use digital banking by 2026

03 Aug 21 @ 13:40

A new study has found that 53% of the world’s population will access digital banking services in 2026; reaching over 4.2 billion digital banking users, from 2.5 billion in 2021.... read more

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

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

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