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

17 Jun 20 @ 09:00

There’s been a lot of hype about Open Banking since the advent of the EU’s second Payment Services Directive (PSD2) in 2018. The aim is to promote the development of... read more

16 Jun 20 @ 16:23

Last week the US House Committee on Financial Services held a virtual hearing about the Digital Dollar or central bank digital currency (CBDC). The event promised to be interesting as two... read more

16 Jun 20 @ 12:23

The EC is launching an investigation into Apple Pay and whether it undermines competition by limiting access to NFC for contactless payment in stores. Margrethe Vestager, the EU’s competition chief,... read more

16 Jun 20 @ 11:57

The Direct Carrier Billing (DCB) industry will boom over the next three years, reaching an estimated $28 billion in global revenue by 2023, new research has found. Carried out by... read more

15 Jun 20 @ 11:20

BitPay has launched the BitPay Card, the first Mastercard Prepaid card for crypto users in the US. The Card enables customers to instantly convert cryptocurrency into fiat currency, which is... read more

15 Jun 20 @ 11:19

WhatsApp have announced that they are bringing digital payments to WhatsApp users in Brazil. People will be able to send money securely or make a purchase from a local business without... read more