06 May 20 @ 11:18

Remittances have played an increasingly important role in the economies of many low-income countries as migrants around the world have been sending an increasing amount of money home in recent... read more

04 May 20 @ 15:18

Despite tough trade winds, both Visa and Mastercard have been able to post good quarterly results. Shares of Mastercard rose after it posted Q1 earnings that exceeded expectations. Adjusted earnings... read more

04 May 20 @ 14:51

Smart Payment Association (SPA), the global trade body of the smart payments industry, has published proposals for an Instant Payment Card that would extend SEPA instant Credit Transfer functionality to... read more

01 May 20 @ 14:06

New research from Nucoro reveals that between 14th March and 14th April, because of the COVID-19 lockdown, around 12% of the adult population in the UK – some 6 million... read more

01 May 20 @ 10:48

Embattled foreign-exchange business owner Finablr, has uncovered about $1 billion of debt hidden from its board that may have been used for purposes outside of the company, compounding a scandal that... read more

01 May 20 @ 09:47

The European Payment Institutions Federation (EPIF) has called for a delay to the implementation of Strong Customer Authentication (SCA) of at least six months in a letter dated 24 April 2020,... read more

01 May 20 @ 09:33

China will begin trialling payments of its new Central Bank Digital Currency in four major cities, according to domestic media. In recent months, China’s central bank has stepped up its... read more

30 Apr 20 @ 10:25

There aren’t many technologies that have captured the imagination of futurists in the financial services quite like Artificial Intelligence (AI). While images of autonomous cars, robot servants, and Skynet-like uprisings... read more

30 Apr 20 @ 09:17

2020 so far has not been quite what anyone expected. There are no flying cars, no hoverboards, no teleportation – and thankfully we haven’t been forced to survive on fried... read more

29 Apr 20 @ 09:38

FSS Technologies has announced a collaboration with Fairplay Pay s.r.o. one of the Czech Republic’s newest payments innovators specialising in SEPA and domestic transactions for its full-stack online acquiring suite.... read more

28 Apr 20 @ 14:06

The outbreak of COVID-19 has upended economies throughout the world, including the App Economy. A multitude of government measures aimed at halting the spread of the COVID-19 virus, from social... read more

28 Apr 20 @ 13:29

JCB is leveraging a leading Asian FinTech, Soft Space, to develop its Tap on Mobile programme that capitalises on the wide availability of Android smartphones equipped with NFC (Near-Field Communication).... read more

28 Apr 20 @ 08:37

Wirecard says that the independent audit by KPMG into fraud allegations uncovered no need to restate earnings, but added that all the data needed to confirm past revenues could not... read more

27 Apr 20 @ 15:54

Sift has announced the release of its COVID-19 and E-Commerce Fraud Tracker, a weekly updating digest of changes in e-commerce and fraud amid the COVID-19 pandemic. As businesses in nearly... read more

27 Apr 20 @ 06:00

We can no longer rely on personal data alone to confirm user identity online. Databases are now so routinely hacked into, compromised and distributed to criminals over the dark web... read more

23 Apr 20 @ 16:16

Central bank digital currency (CBDC) from the likes of the Bank of England should be issued to prevent the ‘privatisation’ of money and trust in the monetary system disappearing, according... read more

23 Apr 20 @ 15:49

Due to COVID-19, over the past few months, nationwide restrictions on travel, work, and leisure across most European countries have led to a dramatic drop in consumer spend. Meanwhile, repayment... read more

22 Apr 20 @ 15:51

Ripple filed a lawsuit on Tuesday that accuses streaming giant YouTube of turning a blind eye to scams that have defrauded consumers. In a complaint filed in San Francisco federal court,... read more