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

09 Jan 17 @ 09:41

The Bitcoin price plummeted as much as 23% Thursday afternoon after nearing an all-time high just weeks before, the cryptocurrency extended Friday’s tumble amid concern China will tighten rules on the digital... read more

08 Jan 17 @ 15:39

Walmart and Visa have ended an acrimonious and public battle over interchange fees that saw the Walmart refuse to accept Visa credit cards in its northern Ontario and Manitoba stores.... read more

08 Jan 17 @ 15:30

Worldline has entered into a mutually beneficial co-development relationship with Hease Robotics, a French B2B service robot manufacturer, delivering interaction-oriented robots to the retail and hospitality industries. Worldline and Hease Robotics... read more

08 Jan 17 @ 12:19

Professor Richard Benham, chairman of the National Cyber Management Centre, has given a severe warning: “A major bank will fail as a result of a cyber attack in 2017 leading to a... read more

05 Jan 17 @ 14:54

A year has passed since the US EMV fraud liability shift went into effect in the US. Adoption among both issuers and merchants is still underway, but as migration on... read more

05 Jan 17 @ 14:19

Prepaid cards are witnessing a fast rise in popularity, with the global market expected to grow to $535bn by 2020[1]. What was once seen predominantly as a tool for promoting... read more

05 Jan 17 @ 13:04

Nigerian payments digitisation has continued to gather momentum as the value of transactions through POS channels across the country increased significantly by 65% to N651.37 billion ($2.07 billion) between January and... read more

04 Jan 17 @ 16:54

The mobile payments market ca be logically split into three major segments. Physical, mobile web browser or in-app mobile payments: Using a mobile phone as the physical form factor at... read more

04 Jan 17 @ 16:22

The Competition and Markets Authority (CMA) has found that Mastercard’s acquisition of VocaLink gives rise to competition concerns. Mastercard already owns and operates credit and debit card schemes Mastercard, Maestro and... read more

03 Jan 17 @ 16:50

As 2017 rolled into force, and with the bulk of the other financial markets closed, Bitcoin took to the main stage, hitting a new high of over $1,000. A single Bitcoin ... read more

03 Jan 17 @ 13:34

The Bank of Korea has published, as part of an overview of the central bank’s future plans, a report titled “Present Status and Key Issues of Distributed Ledger Technology” detailing policy... read more

03 Jan 17 @ 13:08

House of Fraser is reported to be investing £35 million into the app-only challenger bank Tandem to offer financial services. The investment is reported be part of a tie-up between the... read more

03 Jan 17 @ 12:27

From 2012 to 2015, credit and debit (including prepaid and non-prepaid) card payments continued to gain ground in the US payments landscape, accounting for more than two-thirds of all core... read more

20 Dec 16 @ 10:54

Euroclear announced the successful completion of its first pilot for Euroclear Bankchain, the gold bullion based blockchain solution, with FinTech company Paxos. Euroclear Bankchain is a new blockchain settlement service for London bullion due to go... read more

20 Dec 16 @ 10:36

Lloyds Banking Group has finalised the purchase of MBNA’s UK credit card business from Bank of America for £1.9 billion pounds in an effort to increase profit and reduce its reliance on... read more