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App-athy towards financial apps as 11.2 million dormant on UK mobiles and tablets

07 Dec 18 @ 15:31

The UK is now the third largest market in Europe for financial app downloads (with a 19% growth since 2017) yet users currently show significant ‘app-athy’ for technology that can... read more

The FinTech Disruptors Report 2019 – Removing Roadblocks

07 Dec 18 @ 11:57

A decade after the Great Recession a lot has changed in financial services. But much has also stayed the same. Not including regulator-enforced bank rescues, league tables of the largest... read more

Millennium bcp becomes the first European bank to issue UnionPay cards

07 Dec 18 @ 09:13

Millennium bcp has become the first European bank to issue UnionPay cards in Europe. Chinese President Xi Jinping joined Portugal’s Prime Minster Antonio Costa to witness the signing of an... read more

Report: Do we really want a cashless society?

05 Dec 18 @ 15:33

Travelex has released a study into attitudes towards cash and other payment technologies: Do we really want a cashless society? The study, which looks at cash and cashless technology usage in... read more

PPRO and Mastercard make alternative payments play with Pay by Bank app

05 Dec 18 @ 15:16

PPRO Group has partnered with Mastercard to integrate the Mastercard Pay by Bank app solution into the PPRO alternative payments platform for UK merchants. With mobile commerce having become the most... read more

European Commission close in on interchange fees deal with card networks

04 Dec 18 @ 16:46

Visa and Mastercard have offered to cut merchant interchange fees for non-EU credit and debit cards by at least 40% to end an EU antitrust investigation, part of a decades-long... read more

London Blue hackers attempt massive fraud against Chief Financial Officers

04 Dec 18 @ 16:33

A hacker group named as “London Blue”,  is reported to have compiled a list of 35,000 chief financial officers, many working at the world’s biggest banks and mortgage companies. The... read more

Payments Predictions: 18 for 2019

04 Dec 18 @ 01:01

Is it too early to be closing off 2018? Possibly or even proabably – but I know you all love a list of payment predictions – so here is the... read more

Shipments of NFC POS terminals to reach 112 million by 2022

03 Dec 18 @ 15:32

According to a new research from Berg Insight, the market for NFC POS terminals continued to show strong momentum in 2018 with annual shipments reaching an estimated 24.7 million units... read more

What is quantum computing and how does it work – a beginners guide

03 Dec 18 @ 10:45

Quantum computing technology is set to revolutionise computing, providing exponential gains in processing power. But what does this mean for the payments industry and surrounding, supporting industries? How does it... read more

Mastercard and Microsoft in deal to advance digital identity

03 Dec 18 @ 09:33

Mastercard and Microsoft have announced a strategic collaboration to improve how people manage and use their digital identity. Currently, verifying your identity online is still dependent on physical or digital... read more

Mobile payments account for 30% Cyber Monday and Black Friday sales

30 Nov 18 @ 17:10

The annual Cyber e-commerce saleathon saw nearly $8 billion in online sales, with a third of them made by mobile payments, according to new (and very well presented) data from... read more

European Central Bank launches instant payments service

30 Nov 18 @ 16:48

The European Central Bank says it will launch the first pan-eurozone instant payments service, with the primary aim of recouping some lost ground to US and Asian tech giants. The... read more

Artificial Intelligence in BFSI Market to witness 30% growth to $25 billion

30 Nov 18 @ 16:24

The Artificial Intelligence (AI) in Banking, Financial Services and Insurance (BFSI) market is projected to be worth over $25 billion by 2024. The need to provide an enhanced customer experience... read more

Venmo blacklists thousands of accounts as fraud losses mount

28 Nov 18 @ 16:50

It was only a few months ago that we published a report on the growth of P2P payments and what a success they were. Now teething pains have hit Venmo... read more

China and Russia to launch new payments system to avoid the US dollar

28 Nov 18 @ 15:09

China and Russia are reported to have agreed on a new bi-lateral payment system to boost the use of their national currencies in bilateral and international trade, underscoring their intent... read more

Resurs Bank roll-out electronic ID for signing digital credit agreements

28 Nov 18 @ 09:57

Resurs Bank has signed a deal with electronic ID supplier Signicat to provide instant mobile signing of credit agreements. Resurs Bank is the leader in retail finance in the Nordic... read more

Understanding the power of deep learning: A look at how this technology works

27 Nov 18 @ 16:48

Deep learning is a concept that most people know is valuable but do not understand. Global industries, however, are seeing it’s worth and investing heavily in the technology; the global... read more

Trending

Visa turns the card into an identity credential

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

FCA probes Paypal, Mastercard and Visa competition

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

Bank of England Warns DLT Complexity in Settlements

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