22 Nov 19 @ 09:26
Research from Santander and former fraudster Tony Sales has exposed the dangerous hashtags on social media being used by criminals to recruit innocent – and particularly young – people into... read more
20 Nov 19 @ 10:57
Open banking is an evolving trend in many jurisdictions and authorities have responded by taking a broad range of actions in recent years. In its recent, the Basel Committee on... read more
19 Nov 19 @ 15:54
Only 9% of the world’s top tier banks are effectively monetising payments data. The findings from Aite Group’s report “The Payments Transformation Race: Criteria for Success”, commissioned by Icon Solutions,... read more
19 Nov 19 @ 12:36
New research from Emerging Payments Association reveals that realtime payments are growing rapidly in the UK and deploying widely worldwide, signifying potential for business payments for banks and FinTechs. The... read more
18 Nov 19 @ 16:16
As the payments market consolidation continues, Elavon has agreed to acquire Sage Pay, a well-known and established payments gateway business in the UK and Ireland. Sage Pay is a division... read more
18 Nov 19 @ 10:51
The Federal Trade Commission (FTC) has initiated a preliminary inquiry on Visa and Mastercard for possibly prohibiting merchants from using other debit networks, Bloomberg Law reports. The regulator is looking... read more
18 Nov 19 @ 09:25
Apple has warned that recent changes in German law which will effectively force it to open up its Apple Pay mobile payments system to rivals could hurt data protection and... read more
18 Nov 19 @ 09:00
The future of commerce lies in instant and invisible payments, triggered by the needs and demands of today’s modern consumers: millennials and Gen Z. By 2020, the spending power of... read more
14 Nov 19 @ 16:00
Facebook is consolidating its payment processing for Facebook, Messenger, Instagram and WhatsApp into one brand called Facebook Pay. Deb Liu, Facebook’s VP of marketplace and commerce, says that the singular brand... read more
14 Nov 19 @ 13:49
The European Central Bank (ECB) is considering the infrastructure to deploy its own digital Euro currency as a rival to, as an example, Facebook’s Libra, a draft document from the... read more
14 Nov 19 @ 09:23
Compliance with the FCA’s recent guidance on safeguarding customer funds must be adhered to fully by Non-Bank Institutions(NBIs) – because it’s good for business, and essential to protecting and enhancing... read more
13 Nov 19 @ 18:35
The ecosystem for stolen credit card information comes in several varieties, ranging from low-tier markets selling recycled cards from past breaches, to those at the top tier, with unused card data that... read more
13 Nov 19 @ 15:38
OpenWay has unveiled WAY4 Acquiring Start, an off-the-shelf acquiring solution. It helps banks, processors, PSPs, and retailers launch merchant acquiring – from idea to production – within a few months.... read more
12 Nov 19 @ 14:18
Twenty European banks are reported to be working on setting up a pan-European payment system in order to challenge the perceived dominance of Visa and Mastercard as well as technology... read more
12 Nov 19 @ 12:03
Around the world, banks are opening up their customers’ financial data (with the customers’ consent) to third parties through application programming interfaces (APIs). The global trend of Open Banking allows... read more
12 Nov 19 @ 10:41
Visa has announced it will acquire a “significant minority” stake in Nigerian payments platform Interswitch. Interswitch did not provide financial details in its statement but media reports indicate that Visa... read more
11 Nov 19 @ 14:44
Worldline and Bitcoin Suisse, the oldest and largest crypto financial-services company in Switzerland, have signed a letter of intent for a partnership to offer cryptocurrency payment services to Swiss merchants... read more
11 Nov 19 @ 14:08
A new report reveals that the use of mobile wallets and mobile payments by US consumers has rebounded to 2016 levels or higher after a two-year decline. The use of... read more
11 Jun 26 @ 16:00
A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more
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
31 May 26 @ 12:59
The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions acros... more