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Payconiq mobile payments app merges with Bancontact in Belgium

26 Mar 18 @ 13:44

Payconiq, a mobile payments app supported by the majority of Belgian and Dutch banks, is to merge with Bancontact, the Belgian market leader in electronic payments. Created from a merger... read more

New Visa Chargeback Rules – Visa Claims Resolution – coming in April 2018

26 Mar 18 @ 12:37

On April 15, 2018, Visa’s new rules on chargebacks, called Visa Claims Resolution or VCR will come into effect. This new program has already gone live in Hong Kong and... read more

ECB declines to extend assurances to UK banks for Brexit transition

26 Mar 18 @ 09:59

UK headquartered banks are still planning for a March 2019 departure from the UE after European regulators declined to offer any formal assurances for how business can be conducted during... read more

Real-time payments to drive revenue growth according to ASEAN benchmark data report

23 Mar 18 @ 15:47

ASEAN financial institutions are focusing increasing investment on payments modernisation, with real-time payments capabilities serving as the first step to digital transformation across consumer and corporate services, per new benchmark... read more

World’s first multi cryptocurrency instant-messaging payments system

23 Mar 18 @ 14:12

TransCrypt is using Telegram as a base to launch a new universal cryptocurrency payment system that acts within the interface of popular messaging platforms, allowing users to send or receive... read more

Amazon merchants sales: 25% are cross-border e-commerce transactions

23 Mar 18 @ 12:13

Amazon is making a cross-border e-commerce transactions push for merchants on its website to sell goods into other countries, setting the stage for greater competition with rival marketplaces run by... read more

Chinese tourists want to use mobile payments

21 Mar 18 @ 07:21

Nearly all Chinese travellers (91%) would be more willing to shop and spend at overseas merchants that accepted Chinese mobile payments, according to a new Nielsen report, jointly released by... read more

What banks don’t get about the Open Banking API economy

20 Mar 18 @ 11:45

The Open Banking ecosystem can learn a lot from the smartphone operating system (OS) market. In particular, banks that are developing APIs in a bid to control the new ecosystem... read more

Chip and PIN cards remain consumers’ first choice for payments over contactless

20 Mar 18 @ 11:35

Online research from Equifax, shows that using a debit or credit card with a PIN number is still the preferred method of payment for 42% of people in the UK.... read more

The Open Banking API’s are coming – Report from Sibos

16 Mar 18 @ 16:26

There can be little doubt after this year’s Sibos that digital disruption drives new ecosystems, marketplaces and businesses; thus, changing the game for how banks connect to their clients and... read more

The battle against synthetic identity fraud

16 Mar 18 @ 16:13

In the 1982 sci-fi movie Blade Runner, Harrison Ford played Deckard, an ex-detective tasked to track down replicants — robots who were so lifelike that it was almost impossible to tell man from... read more

What is transaction laundering and what is the Industry doing about it?

15 Mar 18 @ 20:21

Transaction laundering has quickly evolved into one of the payment industry’s most prominent and most difficult problems. Transaction laundering — also previously known as “undisclosed aggregation” or “factoring” — occurs... read more

Check out is a thing of the past – PayPal CEO

15 Mar 18 @ 14:00

Dan Schulman, PayPal CEO has said that mobile is going to “fundamentally redefine” the retail industry and change the way consumers think about the Check out. “Already, it’s starting to... read more

Dark Web Market Price Index

14 Mar 18 @ 15:25

That scammers are buying and selling your stolen personal info on the dark web and it’s not just credit card details is not new. However, with hacked dating profiles, streaming... read more

Selecting a White-Label mobile wallet solution – Ovum Report

14 Mar 18 @ 14:56

Central to mobile payments is the mobile wallet, the consumer-facing platform that acts as a front end for wider mobile payment services and functionality. Deploying a mobile wallet platform capable... read more

Global Shadow Banking monitoring now worth $45tn – Report

13 Mar 18 @ 15:53

The Global Shadow Banking Monitoring Report 2017 presents the results of the FSB’s annual monitoring exercise to assess global trends and risks from the shadow banking system. The 2017 monitoring exercise covers... read more

PayPal file patent to speed up cryptocurrency payments

13 Mar 18 @ 15:27

PayPal has reportedly filed a patent to speed up cryptocurrency transaction times by eliminating the verification time of the payment, however, some experts argue that this is already made possible... read more

Digital currencies pose stability risk to Central Banks – BIS report

13 Mar 18 @ 15:12

The Bank for International Settlements has warned Central bankers that they risk endangering the stability of the global financial system if they launch their own digital currencies in an effort... read more

Trending

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more

Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more

UK Banks complete first live transactions using Tokenised Deposits

27 Sep 26 @ 18:52

Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more