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Open Banking trends in Europe 2020 – PSD2’s impact on payment services

30 Mar 20 @ 10:25

The adoption of the revised Payment Services Directive, PSD2, in January 2018 first set the stage for Open Banking in Europe. Since that time, Europe has had a unique legal... read more

SDK.finance offers one year payment deferral for FinTech software

30 Mar 20 @ 09:26

SDK.finance, a financial technology provider, has announced a one year payment deferral for all companies with financial licenses issued by any country of the European Union and the United Kingdom.... read more

GSMA Report: The state of mobile money 2020

27 Mar 20 @ 13:59

2019 marked a major milestone for the mobile money industry: the number of registered mobile money accounts surpassed 1 billion. Reaching the 1 billion mark is a tremendous achievement for... read more

UK cash usage halves due to COVID-19

25 Mar 20 @ 13:25

Fresh reports from LINK, the operator of the UK’s biggest network of ATMs, say cash usage in Britain has halved in the past few days. The closure of shops, a shift... read more

Digital Banking: What is the best solution for SME’s

25 Mar 20 @ 12:24

Small and Medium-size Enterprises (SMEs) are the engine of the economy. Businesses ranging from sole traders to those with 250 employees create between 50-60% of business value in developed economies.... read more

Contactless payment limit now raised across 29 countries

25 Mar 20 @ 09:56

The major schemes have announced over the last few weeks their commitment to enabling the increase in contactless payment limits across Europe. The move comes as 29 countries implement new... read more

Banking Trojan conning people to identify those infected by COVID-19

24 Mar 20 @ 17:24

The infamous Ginp banking Trojan, which acquired the ability to insert fake text messages into the inbox of a regular SMS app back in March, has now acquired a new... read more

Where in the world is payments innovation? LATAM

24 Mar 20 @ 13:32

When you think of the word innovation, many different concepts and places come to mind. You may think of high-speed rail transit in Japan or Elon Musk’s Hyperloop. But, while... read more

Fiserv completes unique PIN on mobile transaction

24 Mar 20 @ 09:45

In a move that is expected to boost the worldwide use of smartphones and tablets as POS terminals, Fiserv is enabling merchants to use their own devices to accept PIN... read more

Digital payments in Europe to hit $802 billion in 2020

23 Mar 20 @ 17:08

I am sure that the entire payments community is looking for some good news! So here we go, the increasing number of mobile phone users and the massive growth of... read more

COVID-19: $76 billion wiped off private FinTech market

23 Mar 20 @ 12:05

What a difference one month makes. Public FinTechs were significantly outperforming the S&P 500 and Nasdaq until the COVID-19 crisis hit. On Feb 19th, the FinTech index comprising 26 public... read more

Inside payment card fraud

20 Mar 20 @ 13:29

Payment card fraud, arguably one of the most straightforward approaches to financially motivated crime, persists in the face of ongoing anti-fraud efforts from regulators, financial institutions, and retailers. Carding, as... read more

ECB reveals €750 billion COVID-19 stimulus package

20 Mar 20 @ 12:49

The European Central Bank says it will spend €750 billion in bond purchases to calm down sovereign debt markets, in the strongest signal in the euro area to date that... read more

US launches Cryptocurrency Intelligence Program

20 Mar 20 @ 12:30

The US has revealed a Cryptocurrency Intelligence Program aimed at identifying unlicensed crypto businesses using P2P sites, online forums, and darknet markets. These areas have consistently presented “a significant challenge... read more

Cybersecurity: Time is up for inaction

19 Mar 20 @ 10:46

Throughout the past two decades corporates have swiftly transitioned from traditional linear business models to platform based as the demand for quality product outlay in record time escalates. With platform-based... read more

COVID-19: The impact of coronavirus on the mobile economy

18 Mar 20 @ 13:18

As COVID-19 bites, businesses enforce working from home, conferences are postponed, flights are cancelled, schools are closed, storefronts and restaurants shut their doors and people are quarantined inside, the world... read more

Majority of Americans would allow Big Tech to use their spending data

17 Mar 20 @ 17:10

A majority of Americans, 64%, would consider purchasing or applying for financial products from a Big Tech company instead of a traditional financial services provider. Among those ages 18 to... read more

Tech nation: UK FinTech tops the charts for investment

17 Mar 20 @ 12:54

In a ray of good news, The annual Tech Nation report charts and champions the digital economy. As emerging and maturing technologies continue to disrupt and transform incumbent industries, and... read more

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more