05 Feb 19 @ 09:00

The development of the Chinese payments industry in recent years has been breathtaking. Here are a few proof points: China’s mobile payments sector dwarfs the US. In 2017, China saw... read more

04 Feb 19 @ 15:55

Phygital payments are on the rise. While payments vendors continue to pitch and strategise with a focus on omni-channel, the omni-channel story has already moved on. Omni-channel remains important and the... read more

04 Feb 19 @ 15:37

Wirecard has informed investors that an external law firm has been investigating alleged accounting manipulations by “a member of Wirecard’s finance team” in its Singapore operations since May 2018, with the... read more

04 Feb 19 @ 09:37

Curve says it is considering legal action against American Express after the card network blocked its customers from using Curve’s services this week. Curve enables users to load all of... read more

01 Feb 19 @ 15:50

The Global Financial Innovation Network (GFIN) was formally launched in January 2019 by an international group of financial regulators and related organisations, including the FCA to create a global regulatory... read more

01 Feb 19 @ 15:28

The huge global increase in connectivity, prompted by the launch of mobile devices, has affected banks just as much as retailers. As a result, financial institutions have had no choice... read more

01 Feb 19 @ 14:45

The current pace of change in banking dwarfs any former precedent. And the future of digital banking will match the fastest evolutionary pace ever recorded. A visible shift in the... read more

31 Jan 19 @ 20:54

The Financial Times report that alleged wrongdoings at Wirecard is no reason to launch a criminal probe, according German financial regulator BaFin. The FT reported on Wednesday that a senior... read more

31 Jan 19 @ 12:31

Alternative payment methods such as mobile wallets and digital wallets are steadily gaining ground over more traditional payment methods such as cards, bank transfers and cash in the Asia-Pacific (APAC)... read more

31 Jan 19 @ 12:04

Payment Service Providers are pushing to implement their PSD2 Strong Customer Authentication (SCA) solutions ready for the September deadline. But of course it’s not just them that will be affected... read more

29 Jan 19 @ 14:14

Two-thirds of consumers will abandon mobile shopping transactions out of principle if the process is too difficult, according to latest research. The study of 2,000 UK adults on their mobile... read more

29 Jan 19 @ 11:43

As data breaches and increasingly sophisticated phishing attacks continue to drive online account compromise and financial loss, organisations are finally stepping up strong authentication and investing in stronger, phishing-resistant forms of authentication.“ The... read more

28 Jan 19 @ 17:13

A year ago, Amazon opened a cashierless store called Amazon Go, marking its biggest effort yet to change the way people shop in the physical world. Today a host of other... read more

28 Jan 19 @ 16:55

Zelle has continued to gain traction with users and financial institutions, indicating that there is plenty of room for growth still in the US P2P payments market. Early Warning Services,... read more

28 Jan 19 @ 13:29

Mastercard has stepped in and made a £233 million counter bid to take over payments firm Earthport, as it looks to head off rival Visa’s attempts to buy the company.... read more

25 Jan 19 @ 10:56

Central Bank of Kenya (CBK) data shows that mobile money transactions stood at Sh3.98 trillion ($38.5 billion) last year, having increased by Sh346 billion (10%) from 2017. This translates to... read more

25 Jan 19 @ 09:35

On 1 January 2018, the EU introduced its second Payment Services Directive (PSD2), designed to introduce greater competition to financial services by compelling institutions to share customer data and APIs... read more

25 Jan 19 @ 08:57

PPRO has joined Banking Circle, the financial utility. PerfectCard, the FinTech provider of employee reward and corporate expense solutions, has also joined Banking Circle to streamline payment reconciliation. The latest... read more