14 May 18 @ 16:46
As of May 1st, there has been a new operator of the UK’s two most important retail payment schemes. New Payments Systems Operator Limited – or NPSO for short –... read more
14 May 18 @ 16:31
In the online payments sphere, a handful of companies have attempted to create new protocols to overcome the challenges of scalability and ease of use in blockchain technologies. Nevertheless, they... read more
11 May 18 @ 16:45
In the last decade, contactless technologies, the mobile Internet and constantly connected mobile devices have significantly changed the way consumers consider their shopping experience. Consumers are also looking for seamless... read more
11 May 18 @ 16:43
The expansion of real-time schemes globally is driving a marked change in attitudes among financial institutions, with 85% of banks globally now viewing real-time payments as the foundation for growth... read more
11 May 18 @ 15:44
3C Payment has announced further enhancement of their retail proposition through successful roll out of an integrated payment solution with WHSmith. With the continued expansion of their International travel sites,... read more
10 May 18 @ 19:56
Apple and Goldman Sachs are reported to be preparing the launch of a new joint credit card, a move that would deepen Apple pay’s push into its customers’ wallets and... read more
10 May 18 @ 15:49
On June 30th 2018, new Payment Card Industry Data Security Standard requirements (PCI-DSS) go into effect. This means that payment card acquirers, processors, gateways and services providers worldwide are working to implement... read more
10 May 18 @ 15:48
Ripple has announced aggregated and averaged results from several early xRapid pilots. xRapid is Ripple’s on-demand liquidity solution which uses the digital asset XRP for more efficient cross-border transactions between... read more
09 May 18 @ 16:16
Google has announced that support for mobile boarding passes and event tickets are coming to Google Pay. Put simply, this means you can just show the ticket on your smartphone... read more
09 May 18 @ 16:08
PayPal is the single most used digital wallet in the world. Judged as the worst business idea back when it was founded in 1998 – the era of cheques –... read more
09 May 18 @ 09:44
Challenger banks were hailed by politicians as the way to break the stranglehold of the UK’s big four high street banks. The challengers have enjoyed rapid growth, helped by benign... read more
08 May 18 @ 17:21
At the last “Build 2018”, Microsoft announced that it will add its mobile payment and digital wallet service, Microsoft Pay, to Microsoft Outlook. The new Microsoft Pay integration will allow users to... read more
08 May 18 @ 10:15
Instagram has stealthily added an in-app payments feature to its app for some users in certain regions. It allows users to register a debit or credit card as part of a... read more
08 May 18 @ 09:33
International efforts to combat money laundering – which latterly have been closely connected with frustrating tax evasion and aggressive tax avoidance – and to staunch the supply of money to... read more
04 May 18 @ 10:52
In the last decade, contactless technologies, the mobile Internet and always connected mobile devices have significantly changed the way consumers consider their shopping experience. Consumers are also looking for seamless... read more
04 May 18 @ 09:13
An independent payments consultancy, CMSPI, has initiated a complaint with the European Commission over changes Visa is making to its fees, claiming the card scheme’s actions could cost small businesses... read more
04 May 18 @ 09:00
In a week that saw the Australian banking industry under scrutiny, Danske Bank has also been extensively criticised and reprimanded by Danish regulators over weak or non-existent money-laundering controls that... read more
02 May 18 @ 15:53
Blockchain technology is probably one of the most impactful discoveries in the recent history. After all, it has a massive potential to change how we handle online transactions. Despite some... 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