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Report: Payment services for SMEs – Jump-starting digital payment services

30 Oct 19 @ 12:58

Financial inclusion for SMEs is a hot topic for European governments, financial institutions, banking representatives and small business associations. All recognise that SMEs are a significant part of the region’s... read more

Ubers deep push into financial services with Uber Money

29 Oct 19 @ 12:33

Uber is making a strong push into financial services. The company has announced the formation of a new division called Uber Money, which will include a digital wallet and upgraded... read more

Would a subscription-based banking model fend off challenger banks?

29 Oct 19 @ 11:25

It is forecasted that mobile banking is set to be more popular than visiting a high street bank branch within two years. And as the banking industry continues its digital... read more

Consumer purchase volume send Mastercard beyond results expectations

29 Oct 19 @ 10:47

Consumer purchase volume running through the Mastercard network rose by 14% during Q3 2019, accelerating slightly from Q2, driving revenue and earnings per share past Wall Street’s expectations. Revenue at... read more

Transbank selects AEVI to roll out digital in-store solution for business in Chile

29 Oct 19 @ 10:08

Transbank S.A. and AEVI announced a strategic partnership to help Transbank’s customers in Chile deliver omnichannel and digital in-store experiences for their merchants. Founded as a credit card processing intermediary... read more

Digital Identity: What’s the big IDea?

28 Oct 19 @ 17:06

Senior executives, commentators and analysts all agree – a workable digital identity is key to next-generation payments. Without functioning digital ID, the payments revolution will stall. But as state-sponsored national... read more

EMV Secure Remote Commerce takes the spotlight – strong support needed

28 Oct 19 @ 15:44

With the first implementations of EMVCo’s EMV Secure Remote Commerce (SRC) specification entering the ecosystem, now is the perfect time to ask ‘what is EMV SRC and how will it... read more

Know your audience: why age matters in banking

28 Oct 19 @ 13:49

The banking industry is saturated with buzz words and all banks need to be seen to be advocates of these words, whether it’s Open Banking and PSD2, or agile work... read more

Report: International e-commerce will top $3 trillion in 2019

25 Oct 19 @ 12:19

A new Internet Retailer survey and report finds that global e-commerce will top $3 trillion this year for the first time. Online retail sales are projected to grow at compound... read more

Vocalink and LINK extend partnership until 2031

25 Oct 19 @ 11:59

Vocalink has announced that it has signed a new contract with LINK to continue to provide ATM switching and settlement services until 2031. Having been the infrastructure partner to LINK... read more

Passwords the weakest link as GCHQ prevents over 1 million stolen credit cards

25 Oct 19 @ 09:20

The National Cyber Security Centre (NCSC), a division of intelligence agency GCHQ, 2019 report revealed that the scheme Operation Haulster automatically flagged details of more than 1 million stolen credit... read more

European payments industry forms new association: Payments Europe

22 Oct 19 @ 20:00

European and global card-based payment solution providers are coming together to strengthen the voice of the industry and to form a new association: Payments Europe. The new body represents card... read more

Major payments networks hit back with One-Click payments platform

22 Oct 19 @ 11:31

The world’s biggest card networks — including Visa, Mastercard, American Express and Discover Financial Services — have joined forces to create a new one-click payments button, using the EMVCo’s EMV... read more

Finance sector feels negative impact of cloud migration

22 Oct 19 @ 11:17

Research has found that 86% of finance companies say that a lack of ability to migrate legacy apps to the cloud is impacting their business negatively, despite 85% viewing digital... read more

EBA extends SCA deadline to December 2020

18 Oct 19 @ 13:44

After a period of deliberation during which many of the Financial Conduct Authorities or European country equivalents authorised their own delays, the European Banking Authority (EBA) has elected to move... read more

Transact Payments partner with Irish credit unions

17 Oct 19 @ 12:34

Transact Payments Limited (TPL) has teamed up with some of the largest Credit Unions in Ireland under the currentaccount.ie brand to roll out a full-service Current Account for Credit Union... read more

The Italian Banking Association passes blockchain Spunta Project for rollout

17 Oct 19 @ 01:01

The Italian Banking Association (ABI) says that its Spunta Project, a blockchain-based application for interbank reconciliations, has successfully completed all technical tests. The Spunta Project began back in December 2017 when... read more

Samsung and Mobeewave partner to deploy Samsung POS mPOS payments

17 Oct 19 @ 00:49

Samsung says that in partnership with Mobeewave, a pioneer in contactless mPOS acceptance, the companies will deploy Samsung POS, NFC-enabled contactless payment acceptance on mobile devices worldwide starting October 2019.... read more

Trending

Visa and Mastercard move to end two-decade swipe fee battle

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

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

Visa announces €500 Million European Investment Signals Strategic Response to Payments Sovereignty Push

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