04 Jan 21 @ 17:39

China’s central banking regulator, the People’s Bank of China, is reported to be accelerating plans to bring Ant Group closely under its control as part of a “rectification” drive that... read more

04 Jan 21 @ 17:04

In 2018, there were 60 worldwide digital challenger banks, the so called Neobanks, that had launched up to that date. Now, only three years later, that number has increased by... read more

04 Jan 21 @ 16:12

Bitcoin surged through the $34,000 mark for the first time, extending a record-breaking rally in the volatile cryptocurrency that delivered a more than 300% gain last year. With trading in... read more

18 Dec 20 @ 11:51

Robinhood has been forced to pay $65 million to settle charges from US securities regulators that it failed to provide its customers with the best prices for trades on its... read more

18 Dec 20 @ 10:33

The group of three domestic Australian payment organisations are set to merge forming a new company to create a “stronger, unified entity that will aim to reduce costs, increase innovation... read more

18 Dec 20 @ 08:00

The Netherlands Authority for Consumers and Markets (ACM) has launched an investigation into competition in smartphone-based NFC payments, examining whether limitations on access to NFC payments functionality on some devices... read more

17 Dec 20 @ 13:29

WhatsApp has introduced a new shopping feature called WhatsApp cart for an easier more integrated m-commerce shopping experience on the platform. The “Add to Cart” feature  enables users to browse... read more

17 Dec 20 @ 11:19

The COVID-19 pandemic has accelerated the digital transformation journey, with increasing numbers of non-finance digital brands embracing Banking as a Service (BaaS). At the same time, there remains a huge... read more

15 Dec 20 @ 13:31

Revolut has extended its business product offering by offering a merchant acquiring platform from which businesses can accept online card payments. Revolut’s chief executive Nik Storonsky announced that merchant acquiring... read more

15 Dec 20 @ 11:25

Worldline has signed a major strategic commercial acquiring alliance with ANZ Bank, one of the largest banks in Asia-Pacific and Australia’s 3rd largest acquirer with a 20% share of transaction... read more

14 Dec 20 @ 16:30

The European Banking Federation today has published Banking in Europe: Facts & Figures, its annual update on the banking sector in Europe. The publication shows that the contraction in the European... read more

14 Dec 20 @ 12:30

A little more than a year ago Mu Changchun, Deputy Chief in the Payment and Settlement Division of the People’s Bank of China (PBOC,) stated that the digital yuan CBDC... read more

11 Dec 20 @ 17:21

Nearly half (40%) of merchants are reporting a rise in friendly fraud over the past 12 months, but the majority are struggling to challenge Google Pay and Apple Pay chargebacks... read more

11 Dec 20 @ 14:15

The UK Supreme Court has ruled that it will allow a $18.5 billion (£14 billion) class action to proceed against Mastercard for allegedly overcharging on interchange fees to more than... read more

10 Dec 20 @ 17:11

The Bank for International Settlements’ Innovation Hub (BISIH) Swiss Centre, the Swiss National Bank (SNB) and the financial infrastructure operator SIX say the completion of a joint proof-of-concept experiment that... read more

10 Dec 20 @ 16:51

New benchmark data reveals a 21% increase in e-commerce transactions globally in November 2020 compared to November 2019. This was driven by strong consumer demand for household items and services,... read more

08 Dec 20 @ 09:17

The replacement of in-person branch interactions with impersonal digital transactions through online and mobile channels during the COVID-19 pandemic has accelerated the ongoing erosion of consumer trust in banks, according... read more

08 Dec 20 @ 09:13

BPC is proud to announce that it has emerged as a leader in the 2020 SPARK Matrix for card management. For over 25 years, BPC, a leading provider of digital payment... read more