25 Jul 18 @ 15:17

American Express has proceeded with the latest in a series of blockchain patents that it is seeking to position the group as the leader in new blockchain enabled transaction technology.... read more

25 Jul 18 @ 15:03

The UK Police force in Surrey has become the first UK force to seize and convert bitcoin as part of a criminal probe, netting £1.25m worth of the cryptocurrency, some... read more

17 Jul 18 @ 09:58

UK regulators are starting to give cryptocurrencies and associated crypto assets their seal of approval. This is significant, not least because it goes against the prevailing wisdom among policymakers around the world... read more

17 Jul 18 @ 09:23

There are four things that should now be crystal clear to everyone involved in Open Banking. Open Banking has arrived. It was the #1 topic at Money 20/20 Europe. Open... read more

16 Jul 18 @ 09:18

Square has confirmed that it has withdrawn its application to open a depository bank, although it plans to refile with a top regulator at a later date. Square first submitted... read more

16 Jul 18 @ 09:05

Since last year the bitcoin hash rate — the amount of computing power used by bitcoin’s network of computers to create new coins — has soared as it rushes to catch... read more

16 Jul 18 @ 08:53

Worldline has obtained two new licenses, linked to the PSD2, from the National Bank of Belgium enabling the company to become a Payment Initiation Service Provider (PISP) and an Account... read more

13 Jul 18 @ 10:41

In a damaging set back, a British appeals court ruled in favour of retailers including some of the UK’s biggest retailers, in massive a blow to the card networks which could now... read more

13 Jul 18 @ 10:27

With new EU regulations coming into place next September, Mastercard is predicting a significant increase in the use of biometric technology to authenticate who is paying. With regards to card... read more

12 Jul 18 @ 10:40

The UK’s biggest retailer, Tesco, is reported to be trialling a checkout-free method of payment for its convenience stores, allowing customers to scan products on their mobile devices and then walk... read more

12 Jul 18 @ 10:16

The R3 Blockchain Consortium of 39 financial firms has completed more than 300 transactions via R3’s know your customer (KYC) application, according to a post on R3’s blog. R3’s KYC project involved major financial... read more

04 Jul 18 @ 17:25

Clearing up the mess left behind by fraudsters is a serious challenge and sees financial institutions having to absorb the monetary and logistical damage of card payment fraud daily. Meanwhile,... read more

04 Jul 18 @ 13:56

In a new and very interesting piece of PwC research on Open Banking, they state that new regulation aimed at opening up the UK’s current account market could lead to... read more

02 Jul 18 @ 16:37

The ambitions of WhatsApp have been viewed as something of a mystery, even as its reach as a messaging service and as the social media platform of choice for Africans has grown... read more

02 Jul 18 @ 16:16

The number of people using mobile contactless payment such as Apple Pay or Google Pay will continue to grow to more than 760 million by 2020, with Apple’s digital wallet leading the way, according... read more

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