07 Jan 19 @ 16:59
Google has announced that it has been granted an e-money licence and authorised as a payment institution in the Republic of Ireland, paving the way for it to begin providing new... read more
07 Jan 19 @ 12:27
In 2019 it’s all about data – a small, rather dull word for something that is profoundly changing the world we live in. New technologies, from voice-controlled speakers to “internet... read more
07 Jan 19 @ 11:56
Huawei is set to launch a major expansion to its mobile payments platform Huawei Pay as it once again looks to take on the likes of Apple and Samsung. The Chinese phone... read more
07 Jan 19 @ 11:47
According to figures from Action Fraud, the UK’s national fraud reporting service, contactless card fraud is surging. A total of £1.8 million was stolen by fraudsters from contactless users in 2018.... read more
27 Dec 18 @ 09:29
Visa Inc is to pay £198 million pounds to buy Earthport Plc, a British firm that facilitates international transactions for banks and businesses. Visa International Service Association, a unit of... read more
19 Dec 18 @ 08:49
Hot on the heels of Tieto launching its API Hub, Spiir’s Nordic API Gateway has received €5.2 million investment from DNB and Danske Bank as the banks continue their plans to build their PSD2... read more
19 Dec 18 @ 07:57
Banking is not just about money. According to Lorenz Jüngling from The Isle Ventures, it is also about users and, most importantly, their emotions. And, as Danske Bank’s Guri Hanstvedt... read more
18 Dec 18 @ 11:53
In 2017, as the ATM industry celebrated its 50th year, the number of ATMs installed worldwide peaked at 3.28 million with a fall in installations predicted over the next few... read more
18 Dec 18 @ 09:18
Tech-savvy millennials have driven – and continue to drive — a seismic shift towards an uptake in digital banking. According to the latest data available, there are 71 million millennials... read more
17 Dec 18 @ 12:17
With the now well documented upside that is available to hackers, it should come as no surprise that every week a new company has to notify its customers of a... read more
17 Dec 18 @ 12:03
In response to open banking development in the European market and an increasing interest from countries outside EU, Tieto has launched an API Hub – a global test environment for... read more
12 Dec 18 @ 08:39
Shopping activity among Asia-Pacific (APAC) visitors to Europe weakened in Q3 2018 as currency pressures across the region diminished the spending power of APAC tourists – usually some of the... read more
12 Dec 18 @ 08:23
First Data and Hong Kong-based China CITIC Bank International (CNCBI), have announced a partnership with the launch of a comprehensive range of merchant acquiring solutions including POS terminals, e-commerce solutions... read more
11 Dec 18 @ 14:59
Pay.UK’s Faster Payments team has announced the official launch of the anti-money laundering Mule Insights Tactical Solution (MITS) following a successful pilot by participants of the UK’s real-time payment service.... read more
11 Dec 18 @ 14:13
As online shopping continues to grow, especially through mobile commerce, the UK now has the lowest proportion of high street spending in Europe. According to new research by Mastercard, just... read more
11 Dec 18 @ 10:37
Apple doesn’t release official figures. But earlier this year, CEO Tim Cook told professional Apple watchers that the total number of ApplePay transactions had passed the 1 billon mark in... read more
10 Dec 18 @ 12:17
Amazon is continuing to push tests of its cashierless checkout technology for bigger stores with larger spaces and experimenting with the technology in Seattle. The technology functions well in a... read more
10 Dec 18 @ 10:55
The UK’s antitrust watchdog has referred PayPal’s takeover of Swedish startup iZettle for an in-depth probe over fears it will force up prices for customers and lead to a worse... read more
12 May 26 @ 15:44
Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more
07 May 26 @ 16:30
The UK’s Financial Conduct Authority has opened a competition investigation into PayPal, Mastercard and Visa, examining whether commercial arrangements linked... more
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