25 Apr 17 @ 14:23
Six of the major Dutch banks – ABN Amro, ASN Bank, ING, Rabobank, Regiobank and SNS – say they will launch Payconiq, a mobile payments app this summer. The app,... read more
24 Apr 17 @ 14:09
A new UN study reveals that social network payments through Alipay and WeChat Pay enabled $2.9 trillion in Chinese digital payments in 2016, representing a 20-fold increase in the past four... read more
21 Apr 17 @ 16:42
BBVA just completed the first real-life implementation of an international money transfer using Ripple’s new Distributed Ledger Technology (DLT). The transaction, running on BBVA infrastructures with real money, successfully completed... read more
21 Apr 17 @ 16:10
Visa Inc. acquired Visa Europe, spent a lot, and says it has no regrests. Revenue climbed more than analysts expected in the fiscal Q2 and is expected to increase to the upper end of... read more
21 Apr 17 @ 13:45
This year marks 50 years since the introduction of the first ATM, which was put into use by Barclays in its Enfield branch in north London on 27th June 1967.... read more
20 Apr 17 @ 15:49
Mastercard has unveiled its next generation biometric card, combining chip technology with fingerprints to conveniently and safely identify cardholders for in-store purchases. South Africa is the first market to test the evolved... read more
19 Apr 17 @ 15:52
In December 2016, KrebsOnSecurity broke the news that fraud teams at a number of banks were seeing a pattern suggesting a widespread, malware based, payment card breach across some 5,000 hotels worldwide owned... read more
19 Apr 17 @ 13:38
According to a new report, the FinTech (financial technology) sector is rising globally, and has already arrived in the Middle East and North Africa (MENA). In fact, the number of... read more
19 Apr 17 @ 11:39
Samsung has announced the launch of the Contactless Companion Platform (CCP) together with its ecosystem partners, Smartlink and Ingenico, built with its dual interface smart card chip for Digital Cash... read more
18 Apr 17 @ 13:48
Android Pay has linked its mobile wallet service to a handful of mobile banking apps, giving consumers the ability add their cards more quickly to the mobile wallet. Customers of Bank of... read more
18 Apr 17 @ 13:39
Swift has revealed a service designed to help banks spot fraudulent messages and avoid a repeat of the now infamous Bangladesh Bank hack. Customers are able to integrate the service directly into... read more
18 Apr 17 @ 10:53
Following four consecutive quarters of more than 5 billion electronic payments in each quarter – a first for the ACH Network – overall volume in 2016 amounted to 25.6 billion... read more
13 Apr 17 @ 10:35
Mobile banking not only makes our life easier, it gives access to banking services to those that have none. A new series of standards just published will provide the platform... read more
12 Apr 17 @ 12:50
Hong Kong’s central bank, the Hong Kong Monetary Authority is reported to be developing a prototype digital currency. The disclosure came in a Hong Kong legislative document published by the Legislative Council Panel... read more
12 Apr 17 @ 12:22
The future of payments won’t be about payments, it’ll be about data. Specifically the contextual data that travels with payment, rather than the payment message itself. Payment will cease to... read more
11 Apr 17 @ 15:10
Mastercard says the UK’s Competition & Markets Authority’s decision has cleared the way for the completion of the company’s planned acquisition of VocaLink. The CMA gave final approval for the proposed set... read more
11 Apr 17 @ 13:22
When Apple launched its Apple Pay mobile payment service more than two years ago, it hoped to speed up the checkout process and, ultimately, to replace physical wallets for US... read more
11 Apr 17 @ 12:13
Open innovation is undoubtedly one of the drivers behind PSD2. However, the trend towards open banking and APIs is a global one that goes beyond European legislation. And effects more... read more
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
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
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