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Misys partners with D+H to form mega FinTech company Finastra

16 Jun 17 @ 12:51

UK’s Misys and Canada-based D+H have merged to form a mega FinTech company, named as Finastra. The new company has been created after D+H was acquired by Vista Equity Partners,... read more

Banks to face fines totalling €4.7bn in first three years under GDPR

14 Jun 17 @ 16:55

A new report from Consult Hyperion, forecasts that European financial institutions could face fines totalling €4.7 billion in the first three years under the new General Data Protection Regulation (GDPR).... read more

WorldRemit partners Android Pay for mobile money P2P transfers

14 Jun 17 @ 15:57

WorldRemit has added Android Pay to its service, offering a new way for WorldRemit’s Android Pay users to send money internationally and reach millions using mobile money accounts. Launching the global... read more

Visa CEO Al Kelly: focused on Europe and “growing the payments pie”

13 Jun 17 @ 14:00

In recent Sanford Bernstein interview, Visa CEO Al Kelly, explained a number of opportunities and challenges facing the company, from Visa Europe to China and increasing digital payments. Kelly says in... read more

Fiserv makes £70m bid to buy embattled UK mobile payments company Monitise

13 Jun 17 @ 10:41

Fiserv is reported to have agreed to buy embattled UK financial services technology firm Monitise for £70m ($88.72 million). AIM-listed Monetise, worth about £2bn  at its peak in early 2014,... read more

PSD2 and Risk Based Authentication: The Issuer Story

13 Jun 17 @ 10:08

Issuers have been using Risk Based Authentication (RBA) to great success for some time now. With new legislation coming in, there is confusion in the market about what RBA means... read more

Is Amazon a bank: ramps up lending in challenge to big banks

12 Jun 17 @ 16:33

Amazon.com said Thursday that its Amazon Lending service has surpassed $3 billion in loans to small businesses since it was launched in 2011. Amazon is planning to expand its lending to... read more

US Banks debut faster P2P payments with Zelle network

12 Jun 17 @ 16:22

More than 30 US banks and credit unions are unveiling a unified service to customers this week, called Zelle, after years of watching Silicon Valley innovators from Square to Apple build... read more

Samsung expands Bixby voice controls with Samsung Pay

09 Jun 17 @ 12:42

Samsung has expanded its Bixby artificial intelligence (AI) platform to include the ability to make payments through Samsung Pay. The voice controlled virtual assistant is currently only available in South... read more

92% of FI’s surveyed ready to originate Same Day ACH debits

09 Jun 17 @ 12:28

NACHA—The Electronic Payments Association, the steward and rule maker of the ACH Network, has released results from a March-April 2017 qualitative survey of 24 financial institutions representing two-thirds of ACH... read more

Bitcoin Infograph – An insight on past events and what lies ahead

08 Jun 17 @ 09:34

Bitcoin is a cryptocurrency that operates independently without banking institutions and the government, there’s nothing physical about it – all virtual! It’s non-tangible, but renders gains for real. It flows... read more

IoT and Things Paying for Things are driving the future of commerce

08 Jun 17 @ 09:23

A new study released  by Visa entitled “How We Will Pay 2017,” found that more than 80% of Americans have a strong interest in using IoT and connected devices to make... read more

National mobile wallet service launches in United Arab Emirates

07 Jun 17 @ 10:32

The first nationally sanctioned mobile wallet solution for the United Arab Emirates has been launched. Emcredit, a fully owned subsidiary of the Dubai Economy, will launch empay, a secure mobile wallet... read more

Atom bank cites regulatory uncertainty – postpones current account launch

06 Jun 17 @ 16:57

Atom bank, the UK’s first app-based bank, is reported to be delaying the launch of consumer current accounts until at least 2018. Atoms CEO blames forthcoming regulations that make the UK’s personal banking market too... read more

UK e-commerce market reaching new heights – Infograph

06 Jun 17 @ 16:44

As the first and largest e-commerce market in Europe, the UK is showing no signs of slowing down. With a population of 65.14 million, 77% of whom are e-shoppers, and... read more

The role of analytics in the new open banking age

06 Jun 17 @ 12:12

What is a bank? The definition is in flux. As the regulatory-driven Open Banking agenda powers innovation and accelerates the fragmentation of a heavily concentrated banking market, incumbent banks must... read more

LG launches delayed mobile payment system LG Pay

05 Jun 17 @ 13:56

LG has managed to launch its heavily delayed mobile payment service dubbed LG Pay on Friday, June 2. The digital wallet will  compete with other wallets like Samsung Pay and Apple Pay. According... read more

New FIME tool qualified by EMVCo for Level 1 Testing

02 Jun 17 @ 12:23

FIME has completed its EMV Level 1 testing portfolio with the launch of EMVeriPOS. The new tool ensures that the communication between payment terminals and contact EMV chip cards is in... 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