01 Jul 20 @ 14:03

Since the beginning of lockdown measures in late March, digital services have been the only recourse for consumers needing to prove their identity in order to access services, whether that... read more

01 Jul 20 @ 10:55

The European Commission says that the caps on the interchange fees retailers pay to process debit and credit card transactions have helped push down prices. The EC published a report... read more

30 Jun 20 @ 16:10

Widespread improvements in the speed and geographic reach of mobile internet have led to the creation new digital banking services driven by cloud computing and intelligent terminal technology. Industry analysts... read more

30 Jun 20 @ 12:41

Despite some countries, like the UK, adding further extensions to the SCA deadline, the EBA is maintaining its strict ruling that the December 2020 deadline must be met. At present,... read more

30 Jun 20 @ 10:23

EBA CLEARING says that its RT1 platform has made considerable progress in building up pan-European instant payment reach across the French retail payments market: the system extends pan-European reach through... read more

25 Jun 20 @ 12:25

Ravelin has released an update to its Global Payment Regulation & Authentication Report, with analysis of billions of transactions during Q1 2020. In the run up to the original PSD2... read more

25 Jun 20 @ 11:49

The former darling of the German FinTech scene, Wirecard has collapsed into insolvency following revelations of a multiyear accounting fraud. Wirecard announced in a regulatory statement that it faced “impending... read more

24 Jun 20 @ 12:10

A group of leading technology, finance and nonprofit companies have joined forces to announce the launch of PayID, a universal payment ID to simplify the process of sending and receiving... read more

24 Jun 20 @ 11:19

Just days after its much hyped launch, Brazil’s Central Bank has suspended Facebook’s WhatsApp payment feature in the country, the app’s second-biggest market with more than 120 million users. The... read more

23 Jun 20 @ 16:12

Kaspersky researchers have uncovered a new malware technique for stealing e-commerce users’ payment information from online shopping websites – a type of attack known as web skimming. By registering for... read more

23 Jun 20 @ 09:58

The former head of embattled Wirecard has handed himself into German prosecutors after an arrest warrant was issued on Monday. Markus Braun was arrested on suspicion of false accounting and... read more

23 Jun 20 @ 09:00

Imagine if you were to jump straight from using a typewriter one day, to typing on a laptop the next. The speed and ease at which it would improve your... read more

22 Jun 20 @ 12:18

VODACOM’s mobile money platform, M-Pesa now enables customers to receive money from over 200 countries across the world directly into their M-Pesa wallet. Speaking in Dar es Salaam during an... read more

19 Jun 20 @ 12:00

E-commerce sales were up 72% year-on-year in the UK in May according to Mastercard SpendingPulse, which tracks overall retail sales across all types of payment, including card, cash and cheque.... read more

19 Jun 20 @ 10:50

With the deadline extension to PSD2’s Strong Customer Authentication (SCA) well underway, and the European regulators declining to extend further, there are steps that merchants must take so they can... read more

18 Jun 20 @ 10:54

The long running accounting saga with Wirecard appears to have taken a turn for the worse as its auditors this morning announced it could not confirm the existence of €1.9... read more

18 Jun 20 @ 09:00

Planet has agreed to acquire 3C Payment. 3C Payment’s gateway, integration and terminal capabilities, when combined with Planet’s value added payment services, will create a unique platform in the payments... read more

17 Jun 20 @ 11:40

The UK’s Supreme Court has ruled in favour of a group of retailers including J Sainsbury in the long running battle around historic interchange fees the networks charged leading to... read more