11 Mar 19 @ 15:37

US credit card debt has hit a new record of $870 billion as of December 2018, according to the data from the Federal Reserve. Credit card balances rose by $26... read more

11 Mar 19 @ 08:49

Mastercard dropped out of the competitive bidding with rival Visa for Earthport and announced it has entered into an agreement to acquire Transfast, a competitor account-to-account money transfer network. Transfast... read more

08 Mar 19 @ 09:58

In highlighting just how difficult it will be for society to go completely cashless, this week has seen the UK report on how it cannot allow its cash infrastructure to... read more

08 Mar 19 @ 09:30

OK. So I will admit right from the start that this is not entirely about payments. However, if you read between the lines of this GSMA report,you will start to... read more

07 Mar 19 @ 13:01

According to a new cybercrime report, news has recently emerged of the first machine learning generated fingerprints. According to Wired.com, a group of computer scientists from New York University’s engineering... read more

07 Mar 19 @ 09:47

For anyone attending Mobile World Congress last week, they have no doubt gone to bed dreaming of 5G networks and foldable smartphones. But dig a little deeper, and there was... read more

06 Mar 19 @ 14:25

Under the Payment Services Directive (EU) 2015/2366 (“PSD2”), an Account Servicing Payment Service Provider (“ASPSP”) must grant a Third Party Providers (“TPP”) direct access to certain payment accounts of the... read more

06 Mar 19 @ 10:38

The European Commission (EC) has been reported to be considering implementing new regulations to support and accelerate the adoption of TARGET Instant Payments Settlement System (TIPS) in an effort to... read more

06 Mar 19 @ 10:37

The SEPA Proxy Lookup (SPL) service, a new service that creates secure interoperability between existing mobile P2P payments services has launched. The SPL service is ready to be used, and... read more

05 Mar 19 @ 10:49

Barclaycard, which processes nearly half of the UK’s credit and debit card transactions, has announces a new card acceptance partnership with UnionPay International, a subsidiary of China UnionPay. The deal... read more

04 Mar 19 @ 12:42

Driven by contactless card payments and by increased card usage, in 2017 the number of card payments continued to grow across the 33 countries covered by our PCM’s Payment Card... read more

04 Mar 19 @ 12:19

Facebook is working on making the FaceCoin cryptocurrency that will let users transfer money on its WhatsApp messaging app, focusing first on the remittances market. The company is developing FaceCoin... read more

04 Mar 19 @ 11:46

Today more than ever, people are living a digital and mobile life, and they expect their ability to pay to match that same “always on” mindset, according to social media... read more

01 Mar 19 @ 13:00

Transformation of some sort is taking place in almost every part of the financial services sector but what does this really mean for the future of banking, and most importantly... read more

01 Mar 19 @ 11:35

Now processing over $1.3 billion a day, the mobile money industry added a record 143 million registered customers in 2018 – according to the GSMA’s annual State of the Industry... read more

01 Mar 19 @ 09:24

The rapid pace of digital transformation has left many industries scrambling to find secure, convenient ways of establishing identity for digital services. The digital identity ecosystem has become fragmented and... read more

27 Feb 19 @ 21:22

Forecasts predict that by 2022, just 17% of global payments will be made by cash. Meanwhile, digital and mobile wallet usage will continue to rise, accounting for 28% of all... read more

27 Feb 19 @ 17:13

Some payments industry commentators have described Artificial Intelligence (AI) as “the fourth industrial revolution”, after the steam engine, electricity and computing – and there’s no doubt that AI has significant... read more