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NCR increases offer to seal ATM operator Cardtronics deal

11 Jan 21 @ 12:26

NCR has upped its offered to buy Cardtronics to more than $1.7 billion, beating an former bid in late 2020 for the ATM operator by Apollo Global Management. NCR, proposed a... read more

Major gaps in UK online banking security systems exposed

07 Jan 21 @ 18:21

A new report says that major safety gaps in the online banking security systems of some of the UK’s biggest banks have been exposed by a new investigation by consumer... read more

PayPal wins prepaid and digital wallet case against U.S. CFPB

07 Jan 21 @ 18:07

A federal judge has invalidated part of a U.S. Consumer Financial Protection Bureau rule governing prepaid cards and digital wallets, emphatically agreeing with PayPal that the agency overstepped its authority.... read more

E-commerce in Africa: can the promise of the continent be fulfilled?

06 Jan 21 @ 16:58

In a recent issue, PCM’s lead feature examined the potential and risks associated with African payments. Now research from global payments firm PPRO claims to show that Africa and the... read more

Domestic Schemes matter: acquirers and merchants should not overlook them

05 Jan 21 @ 19:54

Amidst all the hype about new payments methods and channels, it’s easy to ignore smaller, single-market players – but to do so would be a mistake. Domestic payment schemes accounted... read more

Brexit is done – what are the impacts on the payments industry?

05 Jan 21 @ 17:53

Brexit is done, and its done with a trade deal. We look at what this means for payments in the short to medium term, from passporting rights to staffing, interchange... read more

US Banks may use stablecoins for payment activities

05 Jan 21 @ 16:59

The Office of the Comptroller of the Currency (OCC) has published a letter clarifying national banks’ and federal savings associations’ authority to participate in independent node verification networks (INVN) and... read more

A regulator with no teeth? Ant Group forced to break up by PBoC

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

The global state of Neobanks

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

Bitcoin hits all time high – then retreats back

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

Robinhood hit with $65 million fine from SEC

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

Domestic Australian payments networks to merge

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

The Netherlands Authority for Consumers and Markets probes NFC payments

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

WhatsApp launch WhatsApp cart for integrated m-commerce

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

2021: The Future of Banking-as-a-Service (BaaS)

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

Revolut announces merchant acquiring solution for businesses

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

Worldline signs a major strategic commercial acquiring alliance with ANZ Bank

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

Banking in Europe: Banks and bank branches continue to decline

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

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