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Money 2020: European FI’s losing almost 40% of applicants during digital on-boarding

03 Jun 19 @ 16:45

Signicat has revealed that 38% of all financial services applications in Europe are abandoned despite massive investment in digital transformation by institutions. Although the 38% figure is an improvement on 2018’s... read more

Money 2020: 89% of merchants are primed for Open Banking

03 Jun 19 @ 16:19

89% of airline, supermarket and subscription economy merchants are primed for Open Banking and have assessed the impact it will have on their business a new piece of research commissioned... read more

Money 2020: FIME disrupts payments testing with industry’s first digital platform

03 Jun 19 @ 16:07

FIME has continued to innovate and adapt testing in line with the rapid digital transformation of the global payments industry. The new FIME Test Factory 4.0 platform enables payment players... read more

Money 2020: Tribe Payments launches with new UnionPay International service

03 Jun 19 @ 15:54

Tribe Payments launched today and has already achieved a key milestone with UnionPay International. Tribe is among the first issuer processors in Europe to be certified to allow banks to... read more

European financial institutions see Open Banking as the biggest current threat

29 May 19 @ 15:48

Open Banking was launched to spur innovation in the financial services industry and create a better deal for consumers. But new research reveals that European financial institutions still have significant... read more

BBVA launches tokenized global mobile payments platform

29 May 19 @ 15:18

Spanish bank BBVA has developed a new platform to enable secure mobile payments in all countries it operates. Using token technology, the bank has developed a platform that connects to Visa... read more

Malicious mobile banking trojans grew by 58% in Q1 2019

28 May 19 @ 17:14

Kaspersky Lab researchers have uncovered a worrying rise in mobile banking trojans and malware designed to steal credentials and money from users’ bank accounts: in Q1 2019, researchers found 29,841... read more

2.6 billion smart payment cards shipped globally in 2018

28 May 19 @ 09:27

Smart Payment Association (SPA), the trade body of the smart payments industry, has published its 2018 annual top smart payment card shipments. Data from SPA members shows the continued year-on-year... read more

Update: Global Payments agree to pay $21.5 billion for TSYS

28 May 19 @ 09:09

Global Payments has agreed to acquire Total Systems Services (TSYS) for $21.5 billion. The companies announced the deal today. The reports had an immediate effect on the stocks of the... read more

European companies feel safer from but spending less on data security

23 May 19 @ 12:08

Digital transformation (DX) is fundamentally impacting the global economy and so is the changing face of data security, and Europe is no exception. Digital transformation facilitates new and transformative ways... read more

Fnality: global banks invest $50 million in digital cash settlement project

23 May 19 @ 10:57

Recent reports have announced that several large global banks are in the process of investing around $50 million to create Fnality, a digital cash system using blockchain technology to settle... read more

UK Open Banking initiative stalling due to bank led outages

23 May 19 @ 09:22

Reviewing the public available data which the Open Banking Implementation Entity (OBIE) publish on their API monitoring tool, 62% of banks have shown a decrease in Open Banking availability to... read more

Global ATM numbers decrease for the first time as demand for cash eases

22 May 19 @ 08:57

New research indicates that the number of ATMs installed worldwide fell by 1% in 2018, to stand at 3.24 million, impacted by branch closures and the rising popularity of mobile... read more

Study: 1 in 10 banks will disappear over the next 5 years

21 May 19 @ 11:09

A ten-year study has found that the profit of European retail banks/divisions is at an all-time high, driven by a positive economic environment and lower risks (risk costs relative to... read more

Contactless payments continue to rise – £6 billion per month

21 May 19 @ 08:26

Contactless payments are on the rise. Across all markets that have reached a critical mass consumers are starting to understand the value of Tap and Go payments. In the UK... read more

SWIFT trials instant cross-border gpi payments through TIPS

21 May 19 @ 08:25

SWIFT says that a group of banks are to trial instant gpi cross-border payments in Europe using the TARGET Instant Payments Settlement (TIPS) platform. The European Central Bank (ECB) and... read more

Payvision celebrates its 1st anniversary with ING

21 May 19 @ 08:24

Payvision has celebrated its one-year partnership with ING, one of the largest European banks. During the first year, the ING-Payvision partnership brought forward an exclusive blend of payments and banking... read more

New WTO rules for e-commerce raise concerns for some countries

20 May 19 @ 17:04

The EU, US, Japan and China are among 76 members of the World Trade Organization (WTO) that launched negotiations to set future rules and obligations in e-commerce in January at... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more