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China starts trial of Central Bank Digital Currency

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

Report: Artificial Intelligence & machine learning in financial services

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

2020 vision in COVID-19 – the crisis that changed payments

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

FSS and Fair Play bring online payment acquiring to Czech Republic

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

Report: A global benchmark of App Economy performance

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

JCB introduces Tap on Mobile for contactless payments on Android

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

KPMG reports clean bill of health for Wirecard fraud allegations

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

COVID-19 and e-commerce fraud tracker launched

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

Data breaches are making online user identity difficult – We need a better approach

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

Central bank digital currency an urgent necessity to avoid a loss of trust

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

COVID-19: 1 in 8 banks will face losses in 2020

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

YouTube sued by Ripple over cryptocurrency scam videos

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

Need to secure online commerce, lower user friction and grow sales? Here’s how.

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

World FinTech Report 2020: FinTech collaboration even-more essential for banks

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

UK Acquirers share their SMB top tips to survive COVID-19

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

As global contactless transactions surge Russians turn to cash

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

Is Google really launching its own debit card?

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

Upcoming revision of the Interchange Fee Regulation (IFR)

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

Trending

Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

Bank of England Warns DLT Complexity in Settlements

18 May 26 @ 17:07

The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more

E-commerce payments enter the age of managed complexity

11 May 26 @ 19:54

The global e-commerce payments market is no longer simply a story of digital adoption. It is becoming a test of operational control. [caption id="attachmen... more