21 Jan 19 @ 12:55

Alipay has received a second e-money license in Luxembourg. With this license, Alipay can serve the European market and is a hedge against Britain’s exit from the European Union, enabling... read more

17 Jan 19 @ 14:26

A new survey released by the Bank of England shows dire trading conditions for British banks and credit lenders as they gear down on expectations that consumer appetite for borrowing... read more

17 Jan 19 @ 13:26

The global digital banking market is set to grow from its current market value of more than $7 billion to over $9 trillion by 2024; according to a new research... read more

17 Jan 19 @ 09:27

Diners Club International, a part of the Discover Global Network has signed an agreement with Nets, a leading to help expand Discover Global Network acceptance in Norway, Sweden, Denmark and... read more

16 Jan 19 @ 15:19

Fiserv and First Data Corporation announced that their boards of directors have unanimously approved a definitive merger agreement under which Fiserv will acquire First Data in an all-stock transaction. The... read more

16 Jan 19 @ 12:29

Since India’s demonetisation policy took place, digital payments spiked in the immediate aftermath. However, post adoption of the policy the pace of adoption has been much slower than anticipated. Digital transactions... read more

14 Jan 19 @ 17:21

The U.S. Secret Service has issued a warning that criminal gangs that deploy stolen credit and debit cards are increasingly hedging their chances of getting caught carrying multiple counterfeit cards... read more

14 Jan 19 @ 13:38

Payments Network Malaysia (PayNet), the national payments network and central infrastructure provider, has implemented DuitNow, Malaysia’s Real-Time Payments Platform (RPP) using ACI’s UP solution. The first service offered to the... read more

14 Jan 19 @ 09:36

After a decade of lobbying to gain local access to the $124 trillion Chinese payments market, Visa and Mastercard have been snubbed by China’s central bank which has refused to... read more

11 Jan 19 @ 16:18

In payments, consumers ask a lot in terms of convenience, speed and, above all, security. This puts the pressure on the industry to offer a pain-free consumer experience that is... read more

11 Jan 19 @ 12:03

Square has launched its Square In-App Payments SDK (Software Development Kit), enabling developers and sellers to process payments with Square within their consumer-facing mobile apps for the first time. With... read more

11 Jan 19 @ 09:43

HP has announced a new all-in-one POS system partnership, expanding its SMB offerings, with PayPal to utilise its payment processing services. The company has not targeted the SMB market in the... read more

10 Jan 19 @ 19:07

Hungary’s commercial banks have begun a test phase of a domestic instant-payments system expected to go live on July 1, the clearing house operator GIRO said on Thursday. Under the... read more

10 Jan 19 @ 18:51

The European Banking Authority (EBA) has published the results of its assessment of the applicability and suitability of EU law to crypto-assets. Typically, crypto-asset activities do not constitute regulated services... read more

10 Jan 19 @ 14:45

About 39 million Russians use social commerce, shopping in online social channels such as social media, instant messengers, classified ad websites, and other P2P platforms. The number of users paying... read more

09 Jan 19 @ 17:32

Chinese mobile payments services market is projected to grow 21.8% from 2017 to hit $96.73 trillion (£75.96 trillion) in 2023, driven partly by increasing demand for e-commerce. China has a... read more

09 Jan 19 @ 12:57

Mizuho Bank is set to roll out a proprietary digital currency, J Coin, in March, backed by 60 regional domestic banks. The virtual currency is the result of the development of... read more

09 Jan 19 @ 10:02

A survey of central banks shows that a majority are collaboratively looking at the implications of a central bank digital currency (CBDC). Although many have reached the stage of considering... read more