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

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