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Omni-channel payments: Technology for the payments of NOW

16 Nov 18 @ 15:23

Payment services have been pretty straightforward for a pretty long time. Even the mainstreaming of online shopping required little more than adding an e-commerce channel to a payment system already... read more

National Bank of Greece strengthens market leadership with WAY4

16 Nov 18 @ 12:23

National Bank of Greece has replaced its legacy mainframe systems with WAY4, a modern, future-proofed platform from OpenWay. WAY4 will support increasing transaction volumes and accelerate the development of new... read more

JPMorgan Chase blockchain project IIN gains market traction

15 Nov 18 @ 07:47

JPMorgan Chase says it has conducted successful tests of its blockchain-based payment system, Interbank Information Network (IIN). The project is now able to scale transactions effectively, with more than 100... read more

Adapting to the future of Open Banking

15 Nov 18 @ 07:15

The implementation of PDS2 (the Second Payments Services Directive) in January 2018, combined with Open Banking and increasing consumer demand for technologically enabled solutions has already led to change within... read more

Global smartphone shipments declined for the last two consecutive quarters

15 Nov 18 @ 06:49

According to preliminary IHS Markit smartphone data, global smartphone shipments recorded a negative year-over-year growth rate for two consecutive quarters in 2018. Shipments totalled 354.8 million units in the third... read more

PBoC: Cryptocurrencies no threat to Fiat systems

14 Nov 18 @ 17:05

It is a well known fact that China has for some time been against the cryptocurrency boom taking place globally, however, The People’s Bank of China (PBoC) has has now... read more

Vehicle-based payments to propel financial IoT to $410 billion by 2023

14 Nov 18 @ 16:29

A new report has found that the vehicle-based payments IoT market will grow at an average of 75% per annum over the next 5 years; reaching $410 billion by 2023.... read more

UK m-commerce to take over desktop shopping by 2023

14 Nov 18 @ 16:15

UK consumers are on an endless mission for convenience as mobile continues its ascent to dominance as the most popular shopping channel. Growing at a rate of 16% annually in... read more

US EMV migration fails to halt rampant payment card fraud

12 Nov 18 @ 12:42

In 2015, the US financial industry began a massive migration to the EMV standard in response to overwhelming levels of payment card fraud. The inherent security of EMV technology in... read more

Ingenico makes preparations for new market position as mobile payments begin to dominate

12 Nov 18 @ 12:27

Ingenico has appointed a new chief executive as it aims to arrest a slide in its share price. The company announced that long-serving boss Philippe Lazare would step down as... read more

American Express gets regulatory approval to enter Chinese payments market

12 Nov 18 @ 12:10

American Express has won regulatory approval to become the first US credit card company to enter the Chinese payments market and start building its own payments network. The company said... read more

Mobile bank N26 launches in four new territories

09 Nov 18 @ 16:50

Digital challenger N26, the mobile bank from Berlin and founded in 2013, has been growing rapidly, entering into additional European markets. As of this week, the mobile bank is also available... read more

Deutsche Bank digitisation shift moves into over-drive

09 Nov 18 @ 16:39

Deutsche Bank this week made two telling announcements as it signalled it is moving into a highr gear to keep pace with the digitisation of payments and platforms around it.... read more

Good Day, Bad Day for money transfer giants Western Union and Moneygram

09 Nov 18 @ 16:19

Its been a busy week in the world of global money transfer. Both of the biggest household names have had big news, but for one its was a big win... read more

Digitisation to make heritage financial institutions irrelevant by 2030

08 Nov 18 @ 16:42

By 2030, 80% of heritage financial services firms will go out of business, become commoditised or exist only formally but not competing effectively, according to Gartner. These firms will struggle... read more

Fake mobile banking app on Google Play used in SMiShing scheme

08 Nov 18 @ 13:05

Banks are offering more features and upgrades for their mobile banking apps, and thanks to their convenience more users are adopting mobile banking services around the world. But as new financial technology... read more

Cards remain king as UK consumers slow to support mobile payments

06 Nov 18 @ 22:39

Despite the hype, new research has revealed that mobile payments are almost as unpopular as cheques. In fact, the payment card is still the number one payment method when it... read more

HSBC (Hacker Security Breach Confirmed) admits hackers gained access

06 Nov 18 @ 22:21

HSBC has been forced to accept that hackers have made off with personal details of thousands of its online-banking customers. The bank suffered a serious data breach in it’s US... 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