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Interpretation of Payment Services Regulations brings Metro Bank policy into question

12 Mar 18 @ 15:00

On January 13th 2018 new regulations came into force – called the Payment Services Regulations – Article 105 of which compels banks to offer bank accounts and payment services to... read more

Talking payments at Mobile World Congress 2018

12 Mar 18 @ 14:40

In our increasingly connected world, Mobile World Congress has become more than the venue for the latest smartphone launches. The conversations and demonstrations in Barcelona now have a profound impact... read more

Ripple develops blockchain payment app with 61 Japanese banks

09 Mar 18 @ 09:36

Ripple has developed a payments app that settles transactions instantly, in partnership with a consortium of 61 Japanese banks based on blockchain technology. Ripple says that the app, called “Money... read more

BFC Bank launches in UK as specialist provider to PSP’s and MSP’s

08 Mar 18 @ 17:35

BFC Bank, owned by BFC Group, is the latest bank to launch in the UK promising to act as a new, specialist bank that offers reliable, safe banking services to... read more

From bookstore to Bank – is it Amazon almighty?

08 Mar 18 @ 17:22

For many years Jeff Bezos’ online shop has had almost every conceivable item in its range.  Now apparently, Amazon wants to expand and offer some kind of current account to... read more

Voice commerce sales could reach $40 billion by 2022

08 Mar 18 @ 17:15

The electronic commerce revolution shifting sales from stores to laptops and smartphones could be on the verge of its evolution — where shoppers ask Alexa, Siri, chatbots and other voice-driven... read more

Co-op trials “pay in aisle” technology with Mastercard

06 Mar 18 @ 18:40

Co-op has unveiled a trial for the future of its shops where customers can check-out their own purchases on their mobile phone using pay in aisle technology, without visiting a... read more

Amazon enters discussion with JPMorgan to offer bank accounts to users

06 Mar 18 @ 11:47

Amazon is reported to be discussing a potential partnership to offer its customers bank accounts via JPMorgan Chase, in a deal that would marry America’s biggest e-commerce platform with the... read more

Canadian retailer group fight for lower credit-card fees

06 Mar 18 @ 11:36

A group of Canadian retailers and other businesses are pushing for lower credit-card fees from major payment networks amid a long standing battle over what they claim are inflated Canadian... read more

Consumers at risk as mobile banking Trojans threaten worldwide

05 Mar 18 @ 18:33

Consumers around the world that use mobile banking apps are at a greater risk of being tricked by cybercriminals and falling victim to mobile banking Trojans. This is according to... read more

Apple Pay hits 127 million user mark – falls short of expectations

05 Mar 18 @ 18:00

Apple Pay has an estimated 127 million active global users – representing an increase of more than double the 62 million who used it this time last year, a new... read more

Online card payments set to more than double by 2022

05 Mar 18 @ 17:51

The number of card payments made online worldwide is set to jump from 29 billion in 2016 to 70 billion in 2022, according to Global Payment Cards Data and Forecasts... read more

China hits in record $12.8 trillion in mobile payments transactions

01 Mar 18 @ 16:56

Chinese mobile payment transactions reached a record 81 trillion yuan ($12.8 trillion) between January to October 2017, driven by huge number of consumers and merchants who have looked to more convenient... read more

GSMA report highlights success of mobile money with over 690 million accounts

01 Mar 18 @ 16:29

The GSMA has released its seventh annual ‘State of the Industry Report on Mobile Money’, offering a current snapshot of the mobile money landscape and highlighting the impact that greater... read more

Ingenico launches products to secure place in fast growing Android POS market

01 Mar 18 @ 16:14

As the Android POS market really begins to gain traction in both mPOS and traditional POS Ingenico launched Axium, its next-generation POS platform designed with acquirers’ clients in mind. It... read more

BIAN issue new API guidelines to support global Open Banking

28 Feb 18 @ 11:59

The Banking Industry Architecture Network (BIAN), an independent, not-for-profit association, has published an updated version of its standardised global IT architecture model for Open Banking. Titled, Service Landscape 6.0 (SL6.0),... read more

Success of contactless peaks as shoppers demand wearable payments

28 Feb 18 @ 11:15

One quarter (26%) of British shoppers expect to start using contactless payments with a smartwatch, bracelet, keyring or other forms of wearable payments, according to new figures from Mastercard. In... read more

Turning a smartphone into a payment terminal – Mobeewave announces agreement with Samsung

28 Feb 18 @ 09:00

Mobeewave say they have signed a global partnership agreement with Samsung that will allow Mobeewave to offer its patented in-person contactless payment acceptance solution on Samsung devices. The solution enables... read more

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more