magazine

Latest Issue

Digital Currency Convergence

Subscribe now

Daily Insights

Global payments news direct to your inbox

Sign up free

DAILY NEWS

ALL NEWS

PSD2: Are you ready for the digital payments revolution?

28 Nov 17 @ 10:23

2018 is set to be a pivotal year for the financial services industry with both the General Data Protection Regulation (GDPR) and the revised Payments Services Directive (PSD2) due to... read more

How can we trust banks?

28 Nov 17 @ 09:58

The 2017 Edelman Trust Barometer make for sobering reading. The general population’s trust in all four key institutions — business, government, NGOs, and media — has declined broadly. Counter-intuitively trust in... read more

Cybercrime: Inside the mind of the Hacker

27 Nov 17 @ 16:41

Cybercrime follows the money. In today’s increasingly interconnected world they conduct digital hold-ups and cause major disruption by targeting critical infrastructure. So, how do those in the financial services industry... read more

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

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

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more