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Cash still predominant payment form in Europe – ECB study

27 Nov 17 @ 16:16

The European Central Bank (ECB) has conducted a comprehensive study to analyse the use of cash, cards and other payment instruments used at points of sale (POS) by euro area... read more

After the launch of a national payment system, what next?

24 Nov 17 @ 10:49

Building a national payment system is a huge undertaking. Prior to launch, banks and non-banks have to collaborate on the governance, rules and features of the system. They have to... read more

Norwegian banks to combine payment units Vipps, BankAxept, BankID

24 Nov 17 @ 10:30

DNB, banking group Eika, Sparebank 1 Gruppen and other Norwegian banks said on Friday that they agree to combine their various payment units Vipps, BankAxept and BankID Norge to improve product... read more

Visa to pilot blockchain based B2B payments

24 Nov 17 @ 09:48

At a major FinTech conference in Singapore, Visa announced that it is going to pilot its blockchain based B2B payments system called B2B Connect in mid-2018. Visa has partnered with... read more

UK’s Open Banking project expanded

22 Nov 17 @ 20:13

The Open Banking Implementation Entity (OBIE), the body set up by the Competition & Markets Authority (CMA) to enable a new, secure way for customers to take control of their... read more

WeChat Pay at the Point of Sale in the UK

22 Nov 17 @ 09:19

WeChat Pay, a widely adopted e-wallet payment solution in China and the iconic Camden Market, London’s fourth biggest tourist destination, is the first in the UK to make WeChat Pay... read more

SEPA Instant Credit Transfer scheme goes live

21 Nov 17 @ 09:00

The Single Euro Payments Area (SEPA) Instant Credit Transfer (SCT Inst) scheme created by the European Payments Council (EPC) is operational. As of today, nearly 600 payment service providers (PSPs)... read more

AmEx partners with Ripple for blockchain-enabled cross-border B2B payments

16 Nov 17 @ 16:42

American Express has announced the introduction of blockchain-enabled, cross-border B2B  payments. The American Express FX International Payments (FXIP) business is working with Ripple to make blockchain payments commercially available, reducing... read more

Microsoft rebrands Microsoft Wallet to Microsoft Pay

16 Nov 17 @ 16:29

Microsoft has rebranded its built-in payments framework on Windows 10 from Microsoft Wallet  to Microsoft Pay, following in the footsteps of Apple and Google with Apple Pay and Android Pay.... read more

The shifting sands of banking: Highlights from Mobey Day 2017

16 Nov 17 @ 11:56

We are approaching the most critical juncture in the history of modern banking. The impact of regulation, in concert with the increasing deployment of transformative technologies, is permanently altering the... read more

How retailers can create a seamless mobile shopping experience

15 Nov 17 @ 16:50

Mobile payments are not something new, yet many companies fall short on capitalizing on their use to better meet customer needs. While Google Wallet debuted in 2011, purchases through mobile... read more

Cross-border e-commerce in China to top $100 billion

15 Nov 17 @ 12:47

A growing middle class in China with a high propensity to shop for foreign brands is helping to drive up spending on cross-border e-commerce goods, according to eMarketer’s forecast. Total... read more

US banks launch RTP – real-time payments network

14 Nov 17 @ 14:23

The Clearing House (TCH) has launched RTP, its real-time payments system, the first new core payments infrastructure in the US in more than 40 years. The new RTP system was... read more

Walmart Pay to surpass Apple Pay in US mobile payments

14 Nov 17 @ 10:34

Wal-Mart Stores Walmart Pay app is close to surpassing Apple Pay in usage for mobile payments in the US, giving the world’s largest retailer even more clout as a growing number... read more

Bitcoin hard fork called off avoiding disruption in cryptocurrency

14 Nov 17 @ 10:23

In recent months, the Bitcoin community has been in a bitter fight that escalated to an all-out war over the seemingly natural question of how to allow more transactions through the... read more

The State of Authentication 2017

10 Nov 17 @ 16:09

A new study, 2017 State of Authentication, examines how businesses are implementing authentication, their motivations for choosing authentication technologies and approaches, and how the evolving threat environment has given rise to new,... read more

Card issuers upgrade from Maestro and Electron to Mastercard and Visa

10 Nov 17 @ 11:33

According to a new study, Global Payment Cards Data and Forecasts to 2022, card issuers in Europe are continuing to change the scheme of the cards they issue – particularly... read more

The state of security of mobile banking applications

10 Nov 17 @ 08:58

The state of security of mobile banking applications was revealed at the annual Mobey Day in Barcelona. The results should serve as a wake-up call for the entire banking industry to... 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