02 Dec 20 @ 12:39

On October 27, 2020, the European Central Bank (ECB) issued a public consultation (Consultation) on its draft oversight framework for electronic payment instruments, schemes, and arrangements (PISA). The Consultation invites feedback on... read more

02 Dec 20 @ 11:10

Following the launch of USD collections for Amazon in the US, Canada and Mexico earlier this year, financial infrastructure provider Banking Circle is now providing USD collections for sellers across... read more

01 Dec 20 @ 16:28

Following a three-month public consultation, and in close collaboration with stakeholders from the entire payment value chain, the EPC has published the first version of the Single Euro Payments Area... read more

01 Dec 20 @ 15:52

New data has found that $1,120 billion will be spent by global online shoppers on international e-commerce websites and digital services in 2022. This will represent around 20% of total... read more

01 Dec 20 @ 12:36

Novalnet AG, a full-service Payment Provider, is partnering with Banking Circle, for faster and lower cost foreign exchange (FX) and settlement solutions for its 12,000+ customers around the world. Banking... read more

30 Nov 20 @ 12:26

Global organisations continue to put their customers’ cardholder data at risk due to a lack of long term payment security strategy and execution, flags the Verizon Business 2020 Payment Security... read more

30 Nov 20 @ 11:15

These days, the average consumer has multiple cards weighing down their pockets, from debit and credit cards, loyalty schemes, contactless public transport tickets, IDs, healthcare cards and more. This seems... read more

27 Nov 20 @ 14:57

Libra, Facebooks digital currency, is rumoured to be prepping for launch in early Q1 2021, but in a limited capacity to its already its already downgraded vision. The Libra Association... read more

26 Nov 20 @ 11:27

Sopra Steria, a supplier to the UK’s NHS, has admitted a ransomware attack on its systems last month is likely to cost the company between €40 million ($48 million) and... read more

25 Nov 20 @ 13:08

The European Payments Initiative (EPI) has entered its next phase and has announced Worldline and Nets as shareholders of the EPI Interim Company, as the first third-party acquirers to join... read more

25 Nov 20 @ 12:53

Payments and accounts services are at the core of banks’ offering to customers. They contributed about a third of European banks’ total revenues in 2019, and represent banks’ leading source... read more

24 Nov 20 @ 16:53

Deutsche Bank is reported to be in the market actively looking for acquisitions and joint ventures to help Germany’s largest lender hit its goal of becoming a major force in... read more

24 Nov 20 @ 16:21

In Q3 2020 there has been a consistent and significant increase in mobile malware activity with Asia at the epicentre, according to new data published by Secure-D, which currently covers... read more

23 Nov 20 @ 15:53

Christine Lagarde, the head of the European Central Bank, appears serious about a digital euro. Barely a month after the central bank issued a major report on the topic, and opened a public... read more

23 Nov 20 @ 15:29

External attacks on companies result in the most expensive cyber crime insurance losses, but it is employee mistakes and technical problems that are the most frequent generator of claims by... read more

20 Nov 20 @ 17:26

Google Pay has received a full blooded update. The company announced it has completely revamped the app for its mobile payment system, maintaining the same abilities as before to send... read more

20 Nov 20 @ 12:05

A new report, ‘Follow the Money’, describes the complex web of money laundering, money mules, front companies and cryptocurrencies that criminals use to siphon funds from the financial system after... read more

19 Nov 20 @ 16:59

The Central Bank of Brazil has announced it will launch an instant payments platform, called Pix, that will speed up and simplify transactions, as well as foster financial sector competition... read more