01 Oct 20 @ 09:06

SWIFT says it has a new service to help banks improve the experience for small and medium-sized enterprises (SMEs) and consumers who send low-value payments across borders. SWIFT is working... read more

30 Sep 20 @ 18:36

The European Union (EU) is reported to be preparing new rules that will force Big Tech companies to share their customer data with smaller rivals. Citing an early draft of... read more

30 Sep 20 @ 18:19

The European Banking Authority (EBA) has launched its 7th annual EU-wide transparency exercise. The objective is to provide market participants with updated information on the financial conditions of EU banks... read more

30 Sep 20 @ 13:36

Amazon has launched a new vein palm payment system, Amazon One, for physical shops which uses a simple, contactless wave of the hand. The Amazon One scanner registers an image... read more

29 Sep 20 @ 14:06

Global shipments of wearable devices are expected to total 396.0 million units in 2020 according to new data from the International Data Corporation. This marks a 14.5% increase from the... read more

29 Sep 20 @ 13:07

A new piece of research has found that the value of instant payments, where transactions are completed within ten seconds, will reach $18 trillion by 2025, up from $3 trillion... read more

29 Sep 20 @ 08:38

Global economies are still reeling from the COVID-19 pandemic, and a major consequence is that this year’s holiday season is poised to be very different to those in the past.... read more

28 Sep 20 @ 14:46

The Open Banking Implementation Entity (OBIE), the body set up by the Competition and Markets Authority (CMA) to deliver Open Banking in the UK, has says that over 2 million... read more

28 Sep 20 @ 14:31

Last year the European Central Bank said that it welcomed the European Payments Initiative (EPI), an initiative by some of Europe’s top banks to explore the development of a “rival... read more

28 Sep 20 @ 09:47

The European Union (EU) has laid out a new legal framework for oversight and governance of digital currency assets by 2024, hoping to provide greater comfort for financial institutions in... read more

25 Sep 20 @ 12:40

The European Commission has adopted a new Digital Finance Package, including Digital Finance and Retail Payments Strategies, and legislative proposals on crypto-assets and digital resilience. The package aims to boost... read more

24 Sep 20 @ 15:53

In a new report by CMSPI it calculates that €108 billion worth of online sales are at risk across Europe in 2021, as a direct result of the Strong Customer... read more

24 Sep 20 @ 15:21

Yandex has agreed to spend $5.5 billion to buy Tinkoff, the country’s top digital bank, in an all Russian deal. Yandex is preparing a cash-and-share offer for all of Tinkoff’s... read more

23 Sep 20 @ 12:43

In July the European Central Bank welcomed the decision brought forward by 16 European banks to launch The European Payments Initiative, a pan-European payment scheme. Although the solution aims to... read more

23 Sep 20 @ 09:09

A new study has found that the value of in-vehicle payments, where a payment is made via embedded vehicle systems, will reach $86 billion in 2025, up from just $543 million... read more

22 Sep 20 @ 15:01

According to numerous reports and market analyses FinTechs have never had it so good – as CNBC announced last week that the payments industry by market capitalisation was now greater... read more

22 Sep 20 @ 14:11

UK banks achieved the biggest reduction in card fraud losses last year among 18 countries across Europe, according to the updated FICO European Fraud Map. More than half of the... read more

22 Sep 20 @ 09:01

Binance, the world’s largest cryptocurrency exchange, has begun offering Visa cards in Europe, the cards also allow users to earn up to 8% cashback. The exchange announced that cardholders will... read more