magazine

Latest Issue

Digital Currency Convergence

Subscribe now

Daily Insights

Global payments news direct to your inbox

Sign up free

DAILY NEWS

ALL NEWS

Google merges payments platforms and launches Google Pay

09 Jan 18 @ 11:04

Google has finished revamping its mobile payment offerings bringing together Android Pay and Google Wallet in one product and creating a new brand called Google Pay. The new product merges... read more

Visa and Dynamics unveil the world’s first Wallet Card

09 Jan 18 @ 10:19

Visa and Dynamics today unveiled the Dynamics Wallet Card, an Internet of Things (IoT) device that holds multiple payment cards and includes a digital display allowing for greater security, instant... read more

Report: Mobile banking and payment practices of US Financial Institutions

08 Jan 18 @ 16:55

The year 2016 marks the second time that multiple Federal Reserve Banks (FR Banks) have surveyed financial institutions (FIs) about their mobile banking and payment practices and plans. After surveying... read more

Criminal underworld dropping Bitcoin for other cryptocurrencies

08 Jan 18 @ 10:14

Bitcoin, despite its stratospheric price, is losing its allure with some of its earliest and most avid fans, the criminals, giving rise to a new breed of cryptocurrencies. Privacy coins... read more

Western Union settles $60 million AML probe

08 Jan 18 @ 09:48

Western Union is to pay $60 million AML fine to resolve allegations that it failed for more than a decade to maintain a program to deter and report transactions involving... read more

How do mobile wallets vary in different countries?

05 Jan 18 @ 12:33

Simple and secure ways to complete transactions directly through a mobile device have become increasingly popular over the last three years globally. Mobile users can now do this through a... read more

Meltdown & Spectre: Security experts issue warnings on chip flaw

05 Jan 18 @ 10:52

Security experts are warning companies that the only way to fully protect themselves against hackers taking advantage of a newly revealed, pervasive flaw in chip design dubbed the Meltdown and Spectre... read more

MiFID II: the new financial regulatory system

04 Jan 18 @ 16:41

London and the EU are bracing themselves for MiFID II, the new dawning of one of the biggest regulatory shake-ups of since the 1980s ‘Big Bang’ as a new framework... read more

Under GDPR, never collect data without consent

04 Jan 18 @ 16:31

To be a successful business in Europe in 2018, you will need to be able to demonstrate GDPR compliance. Numerous articles have already detailed what GDPR is, the ramifications of... read more

Mobile payments account for 80% of Alipay’s online payments in 2017

04 Jan 18 @ 14:42

New data from Alipay show 82% of the transactions on its platform in 2017 were made via mobile payments, mostly through smart phones. This ratio is said to be an... read more

Open Banking presents challenges for banks and FinTechs

03 Jan 18 @ 16:37

The adoption of the revised payment services directive (PSD2) in Europe is changing the relationship between banks and FinTechs, specifically around open access to customer account data and the payments... read more

Payments Buzzwords 2018: Authentication, Identity and Chinese BigTech

03 Jan 18 @ 16:26

Authentication tipping point – will PSD2 change we way we pay? Talking about 2018 is hardly possible without mentioning PSD2. So here it is, on top of my list. On... read more

Ant Financial forced to abandon MoneyGram purchase due to US regulatory pressure

03 Jan 18 @ 13:02

Ant Financial, the digital payments arm of Alibaba, has been forced to abandon a merger with MoneyGram, having failed to satisfy the US government that the deal posed no risk... read more

Cryptography in the age of quantum computing

02 Jan 18 @ 13:51

Codes and ciphers have been around since the time of the Greeks. As cryptography underpins much of the security behind financial systems, we examine its evolving uses, plus the possible... read more

Five key themes that will transform banking in 2018

02 Jan 18 @ 13:35

NCR recently surveyed over 1,000 UK adults, aged 16 and above, to gather their thoughts on the future of banking. Some of the findings are pivotal in understanding how banking... read more

Five trends for payments in 2018

02 Jan 18 @ 13:27

This past year has seen a number of significant changes in the payments industry. From new transfer methods to the PSD2 push, the demand for faster, smarter, and safer transactions... read more

Retailers to benefit as banks open networks in compliance with new payments regulations

20 Dec 17 @ 10:10

Retail companies could become the new face of everyday financial transactions once the Revised Payments Services Directive, known as PSD2, goes into effect in the European Union in January. PSD2... read more

TSYS to buy payment processing firm Cayan for $1.05 billion

19 Dec 17 @ 11:26

TSYS says it will buy payment processing firm Cayan for $1.05 billion in cash to expand its offerings to small and mid-sized US businesses. The deal is expected to modestly... 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