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Visa CEO hits out at Bitcoin refusing to process transactions

25 Jan 18 @ 14:48

Bitcoin, the world’s largest cryptocurrency, is not really money and Visa will not get involved in processing Bitcoin related transactions won’t touch it, the CEO has said in an interview with... read more

Google parent company Alphabet launches cyber security company

25 Jan 18 @ 12:23

Google’s parent company Alphabet says it is launching a cyber security company using technology created in its research and development arm called X. Chronicle will try to give organisations a... read more

Taiwanese government invests in domestic mobile payments

25 Jan 18 @ 11:55

The Taiwanese government has planned to promote adoption of mobile payments by subsidising transaction fees to make in-store mobile payments more attractive to consumers. Government departments can help promote mobile... read more

An interview with Worldline CEO Gilles Grapinet: PSD2 – a goldmine of opportunities

25 Jan 18 @ 11:37

On January 13 the Revised Payment Services Directive, PSD2, came into force across the EU. Worldline’s CEO Gilles Grapinet speaks in a new interview about the huge opportunities for banks,... read more

Cash marches on – Forecasting future bank note demand

18 Jan 18 @ 17:43

In mid-September, the Bank of England issued a new polymer £10 note featuring the author Jane Austen. The notes include raised dots in the upper corner to help blind and... read more

2018: The death of the password?

18 Jan 18 @ 17:35

Passwords are no longer passing muster as a security or authentication method. The problem is quantity as much as quality. The average number of passwords registered to a single e-mail... read more

Amazon jumps to 18% of online grocery sales in food and beverage

18 Jan 18 @ 17:23

Amazon accounted for circa 18% of online food and beverages sales this year, according to a report by market research firm Packaged Facts. Amazon’s share is double the 9% held... read more

Vantiv and Worldpay complete combination to form Worldpay Inc.

17 Jan 18 @ 13:31

Vantiv has completed its acquisition of Worldpay Group. The combined company, named Worldpay, Inc. creates a leading payments provider uniquely equipped to power global integrated omni-commerce, processing more than 40 billion transactions... read more

Move over IBM and Mastercard – BofA leads blockchain patent race

17 Jan 18 @ 11:15

Bank of America has applied for or received at least 43 patents for blockchain, the ledger technology used for verifying and recording transactions that’s at the heart of virtual currencies.... read more

Interchange fee rules ‘Not Fit For Purpose’ ahead of EU review

17 Jan 18 @ 10:11

European retail organisations have called on authorities to expand the scope of interchange fee controls to tackle other “stupendous” charges imposed by card schemes, as new rules banning merchants from... read more

2018: Retail will be driven by technological advances and payment transaction capabilities

16 Jan 18 @ 11:30

2018 is here and the business outlook for retailers is looking positive despite what people may think. The New Year retail will be driven by technological advances and payment transaction... read more

Bancontact select PPRO to help boost Belgian cross-border e-commerce sales

16 Jan 18 @ 10:22

PPRO Group have become a direct acquirer for Bancontact, the leading Belgian electronic payment scheme. The relationship will provide merchant aggregators worldwide with an efficient method to allow their merchants... read more

Zelle reports 84% increase in P2P mobile payments

15 Jan 18 @ 19:58

Bank of America, through its P2P mobile payments platform Zelle, says it processed nearly 68 million Zelle transactions in 2017, an 84% increase from the previous year. In Q4 2017,... read more

Money laundering in the 21st century: Follow the money

15 Jan 18 @ 13:00

Around $2 trillion is laundered every year and everyone is paying the price. Banks have huge regulatory overheads. Businesses and consumers encounter friction to open a bank account, transfer funds... read more

Instant payments: what are you waiting for?

15 Jan 18 @ 12:52

November saw the launch of new instant payment schemes in the US and Eurozone. The main commercial banks in the US are behind RTP®, and nearly 600 payment institutions from... read more

Future of European Fintech Alliance statement on the final Regulatory Technical Standards (RTS) on strong customer authentication

12 Jan 18 @ 11:49

The Future of European Fintech Alliance, consisting of 72 European FinTechs, challenger banks and FinTech associations, has taken note of the final Regulatory Technical Standards (RTS) on strong customer authentication... read more

Ripple and MoneyGram test XRP currency transfers

12 Jan 18 @ 11:18

Ripple has announced a tie-up with money transfer company MoneyGram, a move which is significant because the arrangement involves the use of XRP, Ripple’s digital currency, which has recently soared in value but... read more

An analytical review of cryptocurrencies to date

11 Jan 18 @ 21:55

Key Insights for 2018: Although 11 bitcoin forks were scheduled for December they are already losing steam and it is unlikely that any of them will claim greater than 5%... read more

Trending

Visa turns the card into an identity credential

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

FCA probes Paypal, Mastercard and Visa competition

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

Bank of England Warns DLT Complexity in Settlements

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