magazine

Latest Issue

Digital Currency Convergence

Subscribe now

Daily Insights

Global payments news direct to your inbox

Sign up free

DAILY NEWS

ALL NEWS

Collaboration between banks and FinTechs now key to survival with connected consumers

27 Mar 17 @ 12:24

With the EU’s Second Payment Services Directive (PSD2) and open architecture framework set to come into force next year, regulation may well tip the scales between banks and FinTechs for... read more

US Payments Forum provides guidance on card-not-present fraud

24 Mar 17 @ 12:20

With card-not-present fraud a global concern, many countries have deployed various fraud prevention tools to help curb fraud in both online and mobile channels. In this report, the U.S. Payments... read more

Bench marking the US Debit Issuers performance – 2014 to 2016

24 Mar 17 @ 10:45

A recent First Annapolis Consulting survey showed that leading US debit issuers continued to experience strong portfolio performance in 2016, with year-over-year transaction growth in the high single-digits. Issuers averaged... read more

The EBA is wrong about screen scraping — and it’s going to hurt European FinTech!

24 Mar 17 @ 10:33

On 23 February, the European Banking Authority (EBA) announced its intention to outlaw screen scraping in one of their Regulatory Technical Standards (RTS) complementing the revised Payment Services Directive (PSD2),... read more

New UK cheque clearing system to be rolled out

22 Mar 17 @ 17:14

The UK is set to roll-out an image-based cheque clearing system from 30 October 2017. The Cheque and Credit Clearing Company have announced that waiting for five to six working days... read more

Cyber security: smartphone owners don’t secure their devices

22 Mar 17 @ 09:19

Cyber security, in particular mobile data security is a big issue. Recent Wikileaks claims of the C.I.A. hacking smartphones have once again brought the issue of mobile security to the forefront. In... read more

FCA investigate British banks‘ role in Russian money laundering scheme “Laundromat”

22 Mar 17 @ 08:52

The FCA is investigating the role of British banks in the alleged processing of hundreds of millions of pounds for a Russian money laundering scheme dubbed “the Laundromat” the growing scrutiny... read more

Global flows in a digital age: How trade, finance and data connect the world economy

21 Mar 17 @ 13:14

Global flows have been a common thread in economic growth for centuries, since the days of the Silk Road, through the mercantilist and colonial periods and the Industrial Revolution. But... read more

G20 should create central bank led blockchain consortium

21 Mar 17 @ 12:48

Centre for International Governance Innovation (CIGI) has urged G20 members to take control of blockchain technology by building an international, regulatory framework. Blockchain is key for an inclusive, transparent and... read more

M-Pesa continues dominant position in Kenyan mobile money market

20 Mar 17 @ 16:58

Despite increased competition, M-Pesa is maintaining a large lead the Kenyan market, according to official statistics.Over KES1 trillion ($10 billion) of mobile money deposits and withdrawals took place in Kenya... read more

MagikPOS malware hits North American Point of Sale systems

20 Mar 17 @ 14:43

Trend Micro has warned of a new POS malware dubbed MagikPOS, that is being used to attack POS systems belonging to businesses in the US and Canada. The MagikPOS malware... read more

The US payments landscape: EMV, card-not-present and mobile ecosystems

17 Mar 17 @ 12:35

There are a lot of moving parts in the US payments landscape with the ongoing EMV migration to chip technology, growth in mobile payments and contactless payments, and the increasing... read more

Infograph: PSD2 explained – why was the Payment Services Directive created

17 Mar 17 @ 12:26

In less than a year the revised Payment Services Directive (PSD2) will be implemented in European Union (EU) Member States. The Second Payment Services Directive (PSD2) is a fundamental piece of... read more

UK regulator forces Diebold Nixdorf to sell UK business to complete Wincor merger

17 Mar 17 @ 09:50

UK Competition and Market Authority (CMA) has ruled that the Diebold Nixdorf merger needs a ‘structural remedy’. In order to force the acquisition through, Diebold Nixdorf has agreed to sell its legacy business... read more

41 million merchants worldwide choose UnionPay

15 Mar 17 @ 14:33

Latest data show that more than 41 million merchants and over 2 million ATMs across 160 countries and regions accept UnionPay cards. Over 10 million online merchants based outside mainland... read more

How can API standardisation be achieved in the context of PSD2?

15 Mar 17 @ 11:05

In less than a year the revised Payment Services Directive (PSD2) will be implemented in European Union (EU) Member States, and the acronym ‘API’ is on the minds of Payment... read more

Google adds P2P payments to Gmail Android app

15 Mar 17 @ 09:25

Google is to revisit history going back back to P2P payments, adding the feature to its Gmail Android app that allows sending friends funds by attaching a file to an email. Google first... read more

Market analysis – payments cards in Europe (E33)

14 Mar 17 @ 11:50

Payments cards and card payment at the point of sale and online showed solid growth rates in most European countries in 2015. This was supported by the roll-out of new... read more

Trending

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

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

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