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Alternative financial institutions account openings outstrip the growth rate of traditional banks

11 Dec 17 @ 16:24

Banks have been under pressure for some time. This pressure has come from regulators, from customers and from new competition and there is no one front on which banks can... read more

Visa sensory branding elements – sound, animation and haptic – for completed transactions

11 Dec 17 @ 15:51

Visa has announced a suite of sensory branding that will support the Visa brand in an expanded universe of connected, payment-enabled devices. These new sound, animation and haptic (vibration) cues will help signify completed transactions... read more

The future of Financial Services – what will it take to live long and prosper

08 Dec 17 @ 15:27

Under assault from regulators since 2008 and distrusted by sceptical consumers, the Financial Services (FS) industry is still trying to fix past misdeeds.  But in the interim, technological advances have... read more

KONA I and Linxens sign strategic cooperation agreement

07 Dec 17 @ 08:58

KONA I, a global FinTech leader and a state-of-the-art smartcards and payment solutions provider and Linxens, a global leader in the design and manufacture of microconnectors for smartcards and RFID... read more

What is the purpose of PSD2 for payments?

06 Dec 17 @ 09:55

The purpose of PSD2 is enabling third parties creating new Financial Services through open APIs to customers’ bank accounts. Such systems already exist but currently rely of questionable methods typically requiring consumers... read more

The digital trend that’s shaping modern banking – and how to deal with it

06 Dec 17 @ 09:39

The banking industry is changing. We’re now in an age where banks are competing on customer experience – and when it comes to making that experience better, using data to... read more

Target rolls out mobile wallet to its app

05 Dec 17 @ 09:35

Target has rolled out a proprietary mobile wallet. While the retailer still will not accept Apple Pay or other third-party mobile payment options in its stores, the retailer is going... read more

Europe’s banks look to compete together against FinTech threat

05 Dec 17 @ 09:23

The heads of several large European banks have told the Financial Times that they are in talks about jointly setting up a cross-border instant payments service. The details are sketchy... read more

UK government looks to regulate Bitcoin

05 Dec 17 @ 08:55

The UK Treasury has said that Anti-money laundering regulations should be updated to include Bitcoin and other virtual currencies. The Metropolitan Police says criminals are using crypto-currency cash machines to... read more

Raiden payment systems goes live on Ethereum network

04 Dec 17 @ 15:57

A version of the Raiden payments channel network has been launched on the main Ethereum blockchain. Activated yesterday, the launch comes months after µRaiden – known more commonly as “microraiden” – first... read more

10 predictions for the data security market in 2018

01 Dec 17 @ 15:48

2017 was another year of major data security, data loss and hacks. These data breaches have increased pressure on business and individuals alike, to clearly focus on the importance of... read more

Mastercard files patent for blockchain-based money transfer

01 Dec 17 @ 15:41

Mastercard has just filed a patent for a “Method and System For Instantaneous Payment Using Recorded Guarantees.” This is, in short, a patent for a blockchain-based system that offers instant payment. The... read more

Visa wins High Court interchange fees battle with Sainsbury’s

01 Dec 17 @ 15:25

As Sainsbury’s prepares to appeal after it lost a High Court case with Visa over a long-running row over  interchange fees, Visa has welcomed the decision which confirms that its interchange fees,  are lawful. The supermarket... read more

Telecoms and banking sectors most advanced in digital transformation – Infographic

30 Nov 17 @ 12:54

Ovum’s latest ICT Enterprise Insights program found that across 14 industries, the telecoms and banking sectors are most mature in the drive for digital transformation. These ranged from tackling cybersecurity,... read more

An update on developments in European card products

30 Nov 17 @ 12:42

First Annapolis, now part of Accenture has been closely monitoring European card products to track the evolution of product offerings and pricing. Twice a year, it reviews the card products... read more

Driving the Future of Payments – 10 Mega Trends

29 Nov 17 @ 20:05

Change in payments is in overdrive, and will only get faster. Traditional payments players are being squeezed from all sides – so what is driving the future of payments. This... read more

PIN-on-Mobile is coming

29 Nov 17 @ 19:59

PIN-on-Mobile is coming: Imagine taking a regular smartphone and turning it into a payment acceptance device with a simple app download. That’s the utopian dream many companies are chasing today... read more

PSD2: Are you ready for the digital payments revolution?

28 Nov 17 @ 10:23

2018 is set to be a pivotal year for the financial services industry with both the General Data Protection Regulation (GDPR) and the revised Payments Services Directive (PSD2) due to... 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