22 Apr 20 @ 13:49
Doug Gray, Chief Commercial Officer at Maxa, says the holy grail of online commerce – improving transaction security while reducing consumer friction – is achievable. By adopting online contactless payments,... read more
22 Apr 20 @ 12:55
The financial services industry has been dealing with the impact of Open Banking since the inaugural World FinTech Report in 2017. Fast forward to the World FinTech Report 2020 and... read more
21 Apr 20 @ 19:10
In a global first, all the major UK acquirers have come together to show collective support for businesses impacted by the COVID-19 crisis and share their views on what businesses... read more
21 Apr 20 @ 18:44
Whilst it has been well documented that contactless transactions are surging across the globe there have been reports that Russians are stockpiling cash. About 1 trillion rubles ($13.6 billion) has... read more
20 Apr 20 @ 15:46
It has been rumoured that Google is developing a physical and virtual debit card allowing consumers the flexibility to make payments at places that aren’t equipped with POS terminals. The... read more
20 Apr 20 @ 12:09
Payments Europe welcomes that the European Commission has started assessing the impact and consequences of the Interchange Fee Regulation (IFR) and has written a paper to support this. The European... read more
20 Apr 20 @ 09:34
Regulations and ongoing rollouts of contactless terminals at POS are boosting card acceptance networks, with cardholders throughout Europe increasingly using their cards for low-value payments – regulatory factors are playing... read more
17 Apr 20 @ 11:34
The P2P lending economy of China was one of the biggest markets that happened to the economy as investment options diversified, and loans were made available for even those who... read more
17 Apr 20 @ 10:55
Santander has announces the launch of PagoFX, a low-cost international money transfer service, with a view to taking on TransferWise and others, in the UK. The service is available via... read more
16 Apr 20 @ 11:23
The global payment industry has undergone massive change during the past decade, with more and more people utilising the benefits of FinTech. The global shift towards a cashless society has... read more
16 Apr 20 @ 10:29
When hackers silently forced their way into the computer network Finastra in mid-March, the company was focused on developing emergency plans for operating amid the emerging COVID-19 coronavirus pandemic. Moving... read more
16 Apr 20 @ 08:30
A UK cybersecurity startup, swIDch, has announced an alternative technology to overcome the limitations of numberless cards by using dynamic PANs (primary account number), thereby creating a new security environment in... read more
15 Apr 20 @ 12:50
Safaricom of Kenya and Vodacom of South Africa say that they have completed the acquisition of mobile money platform M-Pesa from Vodafone. “The transaction… will accelerate M-Pesa’s growth in Africa... read more
15 Apr 20 @ 11:39
Payments app MuchBetter and Swiss watch smart glass provider, Winwatch, have teamed up to launch a unique analogue payments steel watch with smart payment functionality. It is the first watch to use “STISS”... read more
15 Apr 20 @ 10:54
OpenPayd, an API-first Banking-as-a-Service provider, has announced it has enhanced its payments capabilities with direct access to the SEPA payment scheme (Single Euro Payments Area). The new integration will see... read more
15 Apr 20 @ 10:35
Compass Plus has successfully migrated Network Internationals 12 Egyptian issuer processor clients (banks) to Compass Plus software from legacy infrastructures, applying its experience and expertise from similar global projects. Seeking... read more
09 Apr 20 @ 10:14
The Nacha Top 50 rankings of financial institution originators and receivers of ACH payments for 2019 are now available. Among originating financial institutions, the Top 50 handled ACH volume of... read more
08 Apr 20 @ 14:16
The European Commission has accepted requests submitted by Austria, Denmark, Finland, Norway, Sweden and the UK to assess under the EU Merger Regulation the proposed acquisition of Nets A/S account-to-account... read more
21 Apr 26 @ 14:35
Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more
16 Apr 26 @ 11:46
American Express is positioning itself early for what could become one of the next major shifts in digital payments: AI agents that do more than recommend produ... more
22 Apr 26 @ 19:36
Banks are hardening their cyber defences as artificial intelligence begins to alter the economics of digital attacks. For financial institutions, the challenge ... more