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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

Charting the course for success: Tips for an innovative 2019 payments strategy

06 Nov 18 @ 14:23

The payments landscape has advanced by leaps and bounds over the past decade. Once seen as a mere extension of the IT department, forward-thinking payments leaders have realised that a... read more

Bitcoin at 10: A bumpy ride from Idea to $100 billion market capitalisation

05 Nov 18 @ 13:10

Bitcoin is Ten! Ten years ago, as Lehman Brothers declared bankruptcy and the global economy nosedived into recession, the idea for an alternative digital currency was being built online. On... read more

Mastercard files complaint against Indian protectionism of RuPay

05 Nov 18 @ 12:48

Having recently complied with new rules laid out by the Indian government surrounding personal and transaction data – a directive that sparked aggressive lobbying effort from US companies who said... read more

The key to survival in the connected financial services world

01 Nov 18 @ 12:03

An unprecedented combination of drivers for change are at work in today’s financial services industry. Some of these factors, particularly digitisation, are influencing the majority of industries – driving increasing... read more

UK government blocks Royal Mint’s gold backed digital currency

01 Nov 18 @ 11:42

The UK’s Royal Mint has been forced to end plans to launch its digital gold token after a partnership with US exchange group CME failed and the government vetoed a... read more

Open Banking regulation – the stuff of legend?

31 Oct 18 @ 18:48

2019 will bring a significant milestone for Open Banking. On 14th September, we will see the introduction of new regulations which govern how banks permit access to customer data to... read more

Trending

ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more

Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more