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Bitpanda launches debit card that combines all assets into one card in real time

20 Jan 21 @ 16:31

Bitpanda is now taking pre-orders for their first physical product – the Bitpanda Card, facilitated by Visa. The card is linked to any asset in a user’s Bitpanda portfolio, allowing... read more

Capital One fined $390 million for anti-money laundering failures

20 Jan 21 @ 16:15

Capital One has picked up a $390 million penalty from the Financial Crimes Enforcement Network (FinCEN) for engaging in both “wilful and negligent violations of the Bank Secrecy Act (BSA)... read more

PayPal wins Chinese payments race with full ownership of payment business

19 Jan 21 @ 17:21

PayPal has manged to fend off serious competition and achieve what no other foreign company has been able to do to date becoming the first foreign operator with 100% control... read more

PBOC extends CBDC pilot to include contactless and NFC wearables

19 Jan 21 @ 12:56

The People’s Bank of China (PBOC) is reported to be extending its central bank digital currency (CBDC) pilot include a contactless wallet and NFC wearables to enable users to make... read more

Turkish banks collaborate to launch single ATM network

18 Jan 21 @ 15:37

Turkish banks and state owned lenders are reported to be cooperating to create an ATM network that will put all Turkish ATMs under one joint brand. ING Turkey, the Dutch banking... read more

Irish banks form alliance for faster payments app Synch

18 Jan 21 @ 09:00

Four of Irelands largest banks are joining forces to launch an instant payments digital payment app, dubbed Synch, that they intent to promote to help fend off the threat posed... read more

Banking regulation needs a reset to remove Big Tech’s advantages

15 Jan 21 @ 16:50

As the new year begins, and we try to rebuild our economies, we need to rethink the way we regulate finance. That is because the challenges posed by the COVID-19... read more

2021 is change is on the horizon: The future of the ATM

15 Jan 21 @ 16:01

Since the COVID-19 pandemic changed the world’s behaviour, ATM usage has seen a rapid decline in most geographies. This has been powered by a combination of lack of movement and... read more

New Year, New Habits: Contactless payments and e-commerce are here to stay

14 Jan 21 @ 10:48

As the one-year mark of the COVID-19 pandemic approaches and digital payments play a larger role in daily life around the world, there will be no reverse gear on consumer... read more

Bitcoin free wheeling days on the road direct it to further regulatory scrutiny

14 Jan 21 @ 09:35

After a sensation 2020 and a manic January 2021, regulators have finally had enough and are sharpening their focus on bitcoin and its use in the international financial system. It... read more

Three years since PSD2 marked the start of Open Banking – where is the UK today?

13 Jan 21 @ 11:36

Today marks the third year since open banking became a regulatory requirement. The aim of this regulation was to increase competition and choice for consumers and small businesses. The UK’s... read more

Visa and Plaid agree mutual termination of merger agreement

13 Jan 21 @ 09:40

Visa and Plaid have announced that the companies have terminated their merger agreement and agreed with the Department of Justice to dismiss the litigation related to the proposed transaction. The... read more

Unlocking the value of digital identity in payments

12 Jan 21 @ 17:16

In ever more challenging times, the payments industry needs to maintain trust by finding a way to protect consumers from the constant threat of payment fraud and theft. Consumer’s wishing... read more

Future of fraud forecast reveals threats facing businesses in 2021

12 Jan 21 @ 17:02

With the growing threat of fraud fuelled by the digital acceleration that took place in 2020, the 2021 Future of Fraud Forecast reveals five emerging fraud threats facing businesses. The... read more

HPS continues expansion and completes acquisition of IPRC

12 Jan 21 @ 09:11

HPS Group has announced the completion of the acquisition of IPRC, announced on July 9th. Following the lifting of the last suspensive conditions related to administrative authorizations as dictated by... read more

QR Code payment users to reach 2.2 billion globally by 2025

11 Jan 21 @ 17:52

A new study from Juniper Research has found that the total number of QR code payment users will exceed 2.2 billion in 2025, up from 1.5 billion in 2020; equating to... read more

Revolut sets its sights on UK banking license

11 Jan 21 @ 17:34

Revolut has applied to the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA), the UK regulators, for a full banking license to fuel expansion beyond its FinTech roots.... read more

Mastercard launches its first pilot of Cloud POS acceptance technology

11 Jan 21 @ 17:12

Mastercard has partnered with NMI and Global Payments to launch its first live Cloud POS on Phone pilot with Computer Engineering Group (CEG). In Q3 2020, contactless penetration represented 41%... 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