02 Jul 18 @ 15:40
The two big card networks Visa and Mastercard are reported to be close to settling a 13-year-old legal challenge over interchange fees charged when merchants accept card payments, according to people familiar with... read more
28 Jun 18 @ 15:48
The European Banking Authority has published an Opinion on the implementation of the Regulatory Technical Standards on Strong Customer Authentication and common and secure communication. It has also published a... read more
28 Jun 18 @ 14:12
UK shoppers are returning £7 billion of purchases every year, leading to a ‘phantom economy’ of lost revenue for retailers, with sales coming in that they ultimately can’t recognise. New... read more
28 Jun 18 @ 09:00
Ingenico announced that its Axium D7, the world’s only payment device to fulfil the Google Mobile Services (GMS) requirements, achieved the PCI-PTS v5 certification, highest security standard in the payment... read more
26 Jun 18 @ 12:31
A new, focused report by the European Parliament’s Economic and Monetary Affairs Committee has found in favour of supporting central bank digital currencies which they define differently from cryptocurrrencies. One can distinguish... read more
26 Jun 18 @ 11:10
The evolution of unattended terminals has continued at pace in recent years and the number of these accepting credit and debit card payments has expanded significantly. Convenience, ease of use... read more
26 Jun 18 @ 10:56
In today’s on-demand world, we expect to be able to spend, move and receive money instantly. For this reason, real-time payments (RTP), also known as ‘faster payments’ or ‘instant payments’,... read more
25 Jun 18 @ 16:42
After the disappointment of US regulators blocking its purchase of MoneyGram, Ant Financial has taken a step towards dramatically lowering the cost of remitting money overseas in a move that... read more
25 Jun 18 @ 15:49
The SWIFT Community is to universally adopt the gpi service, in a move which will see all 10,000 banks on SWIFT’s global network use the global payments innovation service (gpi)... read more
25 Jun 18 @ 15:37
The results of a new survey has been released from group of payment networks and card issuers lobbying against merchants in which the key findings are that merchants should “step... read more
22 Jun 18 @ 11:05
Vectra has released in-depth analysis that many global financial services organisations are targeted by sophisticated cyberattackers exhibiting the same attacker behaviours that Led to the 2017 Equifax Breach. As part of key findings in... read more
22 Jun 18 @ 09:58
Having splashed out $2.2 billion on iZettle, PayPal is continuing its spending spree on new technology with the acquisition of Simility, a fraud prevention and risk management platform, for a purchase... read more
20 Jun 18 @ 10:07
The 45 largest Merchant Acquirers of card transactions from merchants in Europe processed 67.54 billion payments in 2017. Those transactions, which originated at 10.3 million active merchants, were valued at... read more
20 Jun 18 @ 09:32
The Nordic countries constitute the most advanced and digitally ready payment market in Europe, and one of the most advanced in the world[1]. Increasingly around the world, banks are starting... read more
19 Jun 18 @ 13:38
India (27%)[1], Philippines (51%), Colombia (45%) the UAE (33%) and China (27%) are some of the fastest growing e-commerce markets in terms of percentage growth, according to the latest worldwide... read more
19 Jun 18 @ 11:59
Square has recieved the go-ahead from regulators allowing New Yorkers to trade cryptocurrency on the its rapidly growing Cash app. While Square launched crypto trading through its payments app in... read more
18 Jun 18 @ 16:21
WhatsApp is lready the largest messaging app in the India with over 200 million active monthly users, WhatsApp has over the past few months quietly rolled out its payments feature (WhatsApp... read more
18 Jun 18 @ 13:47
Global adoption of real-time payments systems has soared in recent years, enabling consumers to transfer money between accounts instantly, but also irrevocably. In November 2017 the Eurozone launched its cross-border,... 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