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Banks from nine countries to join EBA CLEARING’s instant payment system RT1

09 Oct 17 @ 12:13

EBA CLEARING says that banks from nine countries are preparing to join RT1, the Company’s pan-European infrastructure solution for instant payments in euro, on its go-live date in November 2017.... read more

Global websites hacked to allow crypto-currencies to be mined

09 Oct 17 @ 11:53

Hackers have managed to install code on the sites that uses visitors’ computers to “mine” the crypto-currencies. School, charities and file-sharing websites have been caught out by scammers who are... read more

Canadian banks wary of Opening Banking access to financial data

04 Oct 17 @ 10:00

As Open Banking in Europe continues to gather momentum, Canada’s banking industry has issued a warning to government about giving Canadians more control of their own banking data: proceed with caution.... read more

IMF chief gives serious backing to digital currencies going mainstream

04 Oct 17 @ 09:32

Christine Lagarde, head of the International Monetary Fund (IMF), warned central bankers that digital currencies are rising. Lagarde told them not to discount digital currencies, because they are gaining more adoption and... read more

Why it’s so important to deliver on financial inclusion

04 Oct 17 @ 09:08

Financial inclusion, particularly in the developing world, has emerged as a significant policy objective over the last decade. There is considerable will among policymakers, the development community and private sector... read more

An update on UK Open Banking API implementation

03 Oct 17 @ 11:16

In July the Open Banking Implementation Entity released specifications for the ‘Read/Write’ payment initiation and account information Application Programming Interfaces (APIs) that will go live in January 2018. This follows... read more

Lack of trust in Third-Party Providers as Open Banking rolls out across Europe

03 Oct 17 @ 09:28

Less than six months before the Revised Payments Service Directive (PSD2) makes Open Banking a reality across Europe, research from Accenture has found that two-thirds of consumers in the UK... read more

An elaborate ATM threat crops up: Network-based ATM malware attacks

02 Oct 17 @ 13:08

Infecting automated teller machines (ATMs) with malware (ATM malware) is nothing new. It’s concerning, yes. But new? Not really. We’ve been seeing physical attacks against ATMs since 2009. By physical, we... read more

The opportunities and challenges of payments processing in China

02 Oct 17 @ 12:50

China, boasted over $811.96 billion in e-commerce sales in 2016, 122 million outbound travellers, and a record number of students studying abroad. This has created a booming opportunity for global marketplaces, marketplace sellers, e-commerce... read more

Mastercard launch Early Detection System to combat card fraud after data breaches

02 Oct 17 @ 10:46

It can now take as little as 9 minutes for stolen card and account data to be used via the dark web. With this in mind, Mastercard has announced the... read more

Mastercard unveils next generation biometric card

29 Sep 17 @ 16:27

Mastercard has unveiled the next generation biometric card, combining chip technology with fingerprints to verify the cardholder’s identity for in-store purchases. South Africa was the first market to test the... read more

CK Hutchison and Ant Financial ink mobile payment JV

29 Sep 17 @ 09:09

CK Hutchison, the multinational conglomerate,  and China’s Ant Financial have announced a joint venture to drive mobile payments in Hong Kong under the existing AlipayHK brand. In an investor statement, the companies... read more

Outsourcing and PSD2: An RS2 Whitepaper

28 Sep 17 @ 12:39

Outsourcing and PSD2: An RS2 Whitepaper Haldane made his prediction in September 2013. Just over four years later, in January 2018, the EU’s Revised Payment Services Directive (PSD2) will come... read more

B2B FinTech investment in Europe reaches $948m in 2017

28 Sep 17 @ 12:03

B2B FinTechs are attracting an increasing proportion of total European FinTech funding, according to a recent research presentation from Innovate Finance and Pitchbook. There has been a growing number of... read more

How to drive cross-border e-commerce growth

28 Sep 17 @ 11:34

Digital technologies are the “great equaliser” of our time. If you’re a business, digital means it’s now easier than ever to reach new markets. If you’re a customer, you now... read more

Worldline completes acquisition of First Data Baltics

28 Sep 17 @ 09:04

Worldline announced the completion of the agreement with First Data Corporation announced on July 25th, 2017, for the acquisition of 100% of the share capital of First Data’s fully owned subsidiaries... read more

Japan rumoured to launch its own national digital currency J COIN

27 Sep 17 @ 11:11

According to multiple press reports, Japan is planning to launch its own national digital currency, J COIN, in time for the 2020 Tokyo Olympic games. The announcement comes against the backdrop... read more

Viewpoint from the Biometrics Institute – Spoof or proof?

27 Sep 17 @ 10:58

The security of biometrics technology is in the spotlight and stakeholders must take a balanced view on its strengths and vulnerabilities. As deployments proliferate, the technology’s credibility rests on the... read more

Trending

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more

Visa and Fiserv partnership extends API-led acceptance platform

22 Mar 26 @ 18:30

Visa and Fiserv are extending their long-running partnership in Europe with a new API-driven acceptance offering designed to simplify merchant acquiring and mod... more

Mastercard makes a decisive stablecoin move with BVNK acquisition

17 Mar 26 @ 15:04

Mastercard has agreed to acquire stablecoin infrastructure specialist BVNK in a deal worth up to $1.8 billion, marking one of the clearest signals yet that majo... more