14 May 20 @ 10:54

Mastercard is facing a claim of up to £14 billion in a landmark UK collective action case over interchange fee charges that were passed on to shoppers. This week, a... read more

14 May 20 @ 10:11

Mastercard has updated its operating metrics with an additional two weeks of information, in which it is monitoring the impact of the COVID-19 pandemic and related actions being taken by... read more

13 May 20 @ 15:37

The sudden boom in e-commerce caused by government mandated social distancing and in-store business closures is already generating a sharp increase in fraud and chargebacks. “In the past few weeks,... read more

13 May 20 @ 10:29

I think that the fact that COVID-19 has ravaged economies and industrial sectors does not need to be mentioned again, however the impact on FinTech is now starting to be... read more

12 May 20 @ 13:25

As the world comes to terms with the impact that the COVID-19 pandemic continues to have on the health and lives of many, some are left wondering exactly what the... read more

12 May 20 @ 13:07

Yesterday, Bitcoin went through a much-hyped adjustment that reduced the rate at which new coins are created. The world’s biggest cryptocurrency’s so-called “halving” happens roughly every four years. Halving cuts... read more

11 May 20 @ 16:03

Ingenico Group, Nets Group, Nexi, and Worldline have announced the launch of an EU advocacy alliance bringing together Europe’s independent payment services providers. The “European Digital Payments Industry Alliance” (EDPIA)’s... read more

11 May 20 @ 15:35

The European Central Bank (ECB) says it will look into what a retail central bank digital currency (CBDC) form of the euro might look like. The ECB set up a... read more

11 May 20 @ 15:03

Payvision, a global FinTech and omnichannel payments provider, announced today that it has appointed Andre Valkenburg as its new CEO. Andre brings more than 20 years of experience in the... read more

10 May 20 @ 12:31

Account takeover (ATO) is a major issue for any business looking to protect customer data in the digital environment – and these days, that means pretty much everyone. Adam Lee,... read more

06 May 20 @ 15:47

The Linux Foundation has launched the Trust over IP (ToIP) Foundation with the aim of creating digital identity standards to enable parties to share data with trust. Aiming to ensure interoperability... read more

06 May 20 @ 12:20

The UK’s Financial Conduct Authority (FCA) has delayed the implementation of Strong Customer Authentication (SCA). This is the second delay is has authorised. Last year, the FCA extended the deadline... read more

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