18 Jan 17 @ 09:56

Earlier this month, the Competition and Markets Authority (CMA) announced that Mastercard acquisition of VocaLink would face an in-depth investigation, unless the companies could address the CMA’s competition concerns over the... read more

17 Jan 17 @ 15:14

The amount of money laundered by foreign criminals is estimated to be as high as £100 billion a year and unlawful tax avoidance costs UK taxpayers as much as £2.7... read more

17 Jan 17 @ 09:46

Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Société Générale and UniCredit signed a Memorandum of Understanding to collaborate on the development of a shared cross-border trade finance platform for small and... read more

17 Jan 17 @ 09:34

The FinTech sector is being shaped by shifting market conditions, new regulations, and changes in consumer demands and behaviors. For the past decade, FinTech companies have moved quickly, forcing incumbents to... read more

16 Jan 17 @ 17:14

“Silicon Valley is coming”.  That’s what JP Morgan CEO Jamie Dimon wrote to shareholders in 2015.  Dimon had been to the Valley and seen money pouring in to innovative start-ups,... read more

16 Jan 17 @ 13:24

The ongoing development of the P2P payments market has continued its dramatic growth as the market players continue to evolve. The past year has brought seismic changes, including new value... read more

16 Jan 17 @ 10:07

A quarter of all card transactions are now contactless payments, new figures from The UK Cards Association show. 325 million purchases were made using contactless debit and credit cards in... read more

12 Jan 17 @ 16:14

Bharti Airtel, India’s largets wireless carrier, has unveiled its so-called Airtel Payments Bank, committing an initial investment of 30 billion rupees ($441 million) to build a nationwide network. Airtel Payments Bank is the... read more

12 Jan 17 @ 15:24

The mobile payments market is projected to grow at a CAGR of 33.4% from 2016 to 2022 and reach $3,388 billion by 2022. Mobile payment refers to the payment for... read more

12 Jan 17 @ 15:02

Discover Financial Services (DFS) and PayPal have signed a tokenisation and digital payments agreement making PayPal more widely available to Discover cardmembers, acquirers and merchants. The agreement provides PayPal with... read more

12 Jan 17 @ 10:31

With the goal to increase the value and usability of loyalty points, Verifone and FIS are collaborating to enable consumers to pay with loyalty points linked to their credit or debit cards... read more

12 Jan 17 @ 10:24

Japanese e-commerce giant Rakuten has announced the official launch of its commercial banking operations in Europe with Rakuten Europe Bank, headquartered in Luxembourg. Rakuten Europe Bank will offer banking services... read more

11 Jan 17 @ 14:32

Millennials are set to outnumber baby boomers in the workplace this year for the first time. With a millennial workforce comes a demand for much more than a pay cheque.... read more

11 Jan 17 @ 14:20

There’s been a lot of discussion in the media recently about the privacy of calls and messages sent via mobile phones, with some commentators advocating apps like WhatsApp as the... read more

10 Jan 17 @ 13:36

According to Deloitte, the active base of fingerprint reader-equipped devices offering biometric security will top 1 billion for the first time in early 2017. Each sensor will be used, on average,... read more

10 Jan 17 @ 13:25

6.22 billion payments transactions worth a total of £4.8 trillion were processed by Bacs Payment Schemes (Bacs) in yet another record breaking year for the company behind Direct Debit in... read more

09 Jan 17 @ 12:58

A federal appeals court has rejected the US government’s AmEx antitrust case request that it reconsider its decision allowing American Express to stop merchants from encouraging customers to use rival cards... read more

09 Jan 17 @ 12:45

Privacy and cyber security will dominate the corporate agenda next year. The European Union General Data Protection Regulation (GDPR) is less than 18 months away – and privacy has suddenly made... read more