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

02 May 18 @ 15:51

Mastercard and Santander have announced that they will work together to issue debit cards to all the Bank’s retail current account customers on Mastercard’s network. Customers will begin to receive... read more

02 May 18 @ 10:26

Financial inclusion is on the rise globally, accelerated by mobile phones and the internet, but gains have been uneven across countries. A new World Bank report on the use of... read more

01 May 18 @ 13:19

The New Payment Systems Operator (NPSO) has announced that it has taken over responsibility for the operation of Bacs and Faster Payments. The completion of this transaction represents a significant... read more

01 May 18 @ 09:56

The Financial Application Vulnerabilities Report, announces the findings of an annual report on the state of e-banking security by Positive Technologies. The report is drawn from audits performed by the company, finds that... read more

30 Apr 18 @ 13:32

In the first quarter of 2018, more than $25 billion moved through the Zelle Network, up 15% quarter-over-quarter (QoQ), on 85 million transactions, up 14% QoQ. “Zelle is replacing cash and checks for sending... read more

30 Apr 18 @ 10:24

Traveller expectations are at an all-time high. In the age of on-demand, mobile services and the convenience of ‘tap-and-go’ M-Ticketing technology, the public transport industry is under increasing pressure to... read more

27 Apr 18 @ 10:24

Earlier this year, Google pushed out a redesign to its mobile wallet and changed the name from Android Pay to Google Pay. Now, Google Pay has passed 100 million installs from the... read more

27 Apr 18 @ 10:14

eBay and PayPal have confirmed the signing of a previously-announced agreement to offer PayPal as a way to pay on eBay until July 2023. This new agreement builds on the... read more

27 Apr 18 @ 10:05

European legislation called the General Data Protection Regulation (GDPR) is set to apply as of 25th of May 2018. It will definitely change how personal data are being processed in... read more

26 Apr 18 @ 09:38

A 27-member Governance Framework Formation Team (GFFT) has spent eight months working on a draft governance framework for a new US Faster Payments Council (FPC). The draft for the new... read more

26 Apr 18 @ 08:52

Recent reports manifests how “smart” technology, such as voice-enabled digital devices and virtual assistants, could be shockingly blind to security threats. As per reports, researchers discovered a flaw in Amazon’s Alexa virtual assistant that enabled... read more

23 Apr 18 @ 11:03

Cash is still by far the most widely used form of payment in all regions of the world and cash in circulation is growing, according to a new report published... read more

23 Apr 18 @ 10:26

JCB says it will soon be dropping PIN authentication and will conduct a pilot trial of its latest JCB Biometrics Card with fingerprint authentication. JCB’s Contactless payment solution is provided... read more

20 Apr 18 @ 11:18

The Open Banking initiative in the UK has finished a three-month managed roll out programme, leaving regulated companies free to start offering Open Banking related services. Since mid-January, the Open... read more