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 Nov 19 @ 09:40

Smartphones are central to our daily lives. We manage our personal and business affairs, watch movies, track our health and, increasingly, make payments. Adoption of mobile payments is rising considerably... read more

08 Nov 19 @ 10:55

This week, SIFMA (Securities Industry and Financial Markets Association), held the fifth in its series of exercises meant to simulate a catastrophic cybersecurity event in the banking sector, known as... read more

07 Nov 19 @ 10:44

Fraud increased 30% overall in Q3 2019 and bot-driven account registration fraud is up 70% as cybercriminals test stolen credentials in advance of the holiday retail season. The Q4 Fraud... read more

07 Nov 19 @ 09:00

Mobile payment is possible almost everywhere – both for shops and for consumers. Despite this, comparably few customers pay using their smart phones. Will Apple and Google bring the breakthrough... read more

06 Nov 19 @ 10:14

Chinese payments giants Alipay and WeChat Pay have announced they plan to open up their mobile wallet platforms to international card schemes as regulators ease restrictions. The apps, which dominate... read more

06 Nov 19 @ 09:53

UK consumers are keen to use biometric verification in a wide range of circumstances from online shopping and banking to confirming their age at a pub and even voting in... read more

06 Nov 19 @ 09:39

Tokenisation has become an important component of enabling secure payments in Canada, and the payment networks are using it to extend their reach and control over the payments ecosystem, according... read more

05 Nov 19 @ 15:34

A survey by Compass Plus has revealed that while millennials rely heavily on their mobile phones, they consider them one of the least secure payment methods. The results show that... read more

05 Nov 19 @ 13:47

The 10th of January 2020 marks the date that the banking and payments industry cannot afford to ignore. It is the date the Fifth Anti-Money Laundering Directive (5AMLD) will become... read more

05 Nov 19 @ 10:51

Marqeta has released results from its digital banking survey, which found that demand for physical bank branches continues to decline as mobile banking platforms offer more seamless access to remote... read more

04 Nov 19 @ 16:58

Last month, the European Banking Authority (EBA) announced an 18-month delay to the implementation of Strong Customer Authentication (SCA). However, the delay to PSD2 – which follows UK FCA’s own... read more

04 Nov 19 @ 14:04

The dynamic payments industry continues to expand and evolve, with digital payment vehicles and transaction volumes growing across the globe. Over the past year, industry incumbents have been responding to... read more

04 Nov 19 @ 09:01

Western Union has deployed full Open Banking application programming interface (API) access to its supporting front-end domestic and international payment applications through its Western Union Business Solutions unit. This new... read more

01 Nov 19 @ 09:56

South Korea says it has commenced preliminary services for its new Open Banking system, under which a bank customer may use virtually all banking services of any other bank in... read more