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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

5.5 billion GlobalPlatform-certified Secure Elements shipped in 2017

31 Oct 18 @ 18:35

GlobalPlatform, the standard for secure digital services and devices, has conservatively calculated that more than 5.5 billion Secure Elements (SEs) deployed in 2017 were based on its specifications, an increase... read more

FCA set to outlaw the sale of cryptocurrency derivatives

30 Oct 18 @ 12:58

The FCA says it is looking at a potential ban on the sale of cryptocurrency derivatives based on cryptocurrencies such as Bitcoin, in a move that would make it the... read more

Hitachi and SBI JV to accelerate digital payments in India

30 Oct 18 @ 12:03

Hitachi Payment Services, a wholly-owned subsidiary of Hitachi, and State Bank of India (SBI) have signed a definitive agreement to enter into a joint venture for the establishment of a... read more

Global IoT growth surges – 28 billion connected devices by 2021

29 Oct 18 @ 17:01

Mobile phones continue to be the largest category of connected devices, but in 2018 they are expected to be surpassed by IoT, which includes connected cars, machines, utility meters, remote... read more

UnionPay stays on top as the world’s largest card scheme

29 Oct 18 @ 14:04

New research reveals that the number of payment cards in circulation worldwide reached 15 billion at the end of 2017, with UnionPay continuing to hold the largest share. The 15... read more

Sweden’s central bank prepares to launch digital currency e-Krona

29 Oct 18 @ 13:37

Sweden’s central bank, the Riksbank, has been widely reported as preparing the idea of using a centrally issued digital currency, e-Krona,  for a while – but now it has firm plans... read more

NCR steps into payments with JetPay acquisition

24 Oct 18 @ 12:21

NCR announced a definitive agreement to acquire US based JetPay, a provider of end-to-end payment processing. The transaction will be a cash tender offer of $5.05 per JetPay share, which... read more

PCM Report: Payment fragmentation is the “new normal” across all markets

23 Oct 18 @ 08:46

Research published today and sponsored by RS2 examines the payment landscape across a number of global markets, and finds that proliferating payment channels and the expectations of consumers and merchants... read more

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more