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War on Cash: ECB scraps €500 notes

09 May 16 @ 12:19

The European Central Bank has stopped producing €500 notes, in a move it depicts as a crackdown on crime but which critics in German-speaking countries say is part of an... read more

Contactless technology adoption accelerating in the Netherlands

09 May 16 @ 11:57

The Netherlands has seen a significant uptake of contactless payment cards since their introduction in 2014. Contactless technology is gaining traction in the Netherlands as banks are introducing new solutions to... read more

The world of e-commerce – local payment methods

05 May 16 @ 11:58

Supporting local payment methods is a simple and effective way to increase e-commerce conversion rates and reach, but few e-commerce merchants are embracing the opportunity to internationalise their business. The below... read more

PSD2 and MIF Regulation create opportunities in Europe

05 May 16 @ 11:31

PAY.ON has published a new white paper that explores the implications surrounding – and the opportunities arising from – the revised Payment Services Directive (PSD2) and the Regulation on Multilateral... read more

Digital banking demands new technologies – and new vendors

05 May 16 @ 11:14

Banks face intense pressure to increase efficiencies and reduce costs while delivering next-generation digital banking services; however, incumbent application vendors have been slow to respond to new requirements, according to... read more

UK closing US lead on FinTech investment in PayTech

05 May 16 @ 10:45

The UK’s payment technology, or PayTech, sector is booming and closing the gap on the US, its closest rival, according to research from the Emerging Payments Association (EPA), sponsored by... read more

Increasing adoption of mobile P2P payments

04 May 16 @ 16:03

In a recent primary consumer research it highlights a rapid increase in adoption of mobile payments, and specifically in mobile P2P payments. Based on a survey of 1,279 smartphone users conducted... read more

Majority of retailers have yet to implement omni-channel payments

03 May 16 @ 13:33

Despite the retail industry’s ambition to move to an Omni-Channel payments strategy, only a minority of retailers have completed an omni-channel payments program, according to a survey of nearly 100... read more

FTC investigates PayPal’s Venmo

03 May 16 @ 13:20

PayPal’s P2P payment service Venmo is under investigation by the Federal Trade Commission. PayPal has acknowledged the situation in an SEC filing: “On March 28th, 2016, we received a Civil Investigative Demand (CID)... read more

VocaLink signs UK’s largest ATM processing deal

03 May 16 @ 12:40

VocaLink has signed a five year deal to provide exclusive processing for the LINK ATM network.  The deal is the UK’s largest ever ATM processing deal and is expected to deliver over 16... read more

Omni-Channel Payments for Merchants: Myth or Reality?

02 May 16 @ 09:24

A new research report from ACI Worldwide and Payments Cards & Mobile. Merchants must navigate new business models and continue to address ongoing payments security, consolidated siloed payments infrastructures and a... read more

Kaspersky: All ATMs can be hijacked with ATM malware

29 Apr 16 @ 15:38

ATMs can be easily hacked and ATM malware installed, meaning funds could be stolen, a report by Kaspersky Labs has revealed. The company identified two key hardware flaws with the... read more

UK consumers expect mobile payments

29 Apr 16 @ 15:23

The days of carrying cash are numbered according to a new study into the habits of UK consumers, with mobile payments set to be our main form of payment within... read more

Walmart Pay launches in USA

29 Apr 16 @ 15:00

Walmart has finally enabled Walmart Pay its mobile wallet in an update to the Walmart iOS app. The company first announced the mobile wallet in December. When iOS users update the app,... read more

PayPal profits hit new highs

28 Apr 16 @ 16:45

PayPal says that 2016 profits are up. The company announced 4.5m new accounts taking its total user base to 184m at the end of March. Independent from eBay since last summer, the firm says... read more

Intesa SanPaolo in final talks to sell payments unit Setefi €1bn

28 Apr 16 @ 15:23

Intesa SanPaolo, Italy’s biggest retail bank is reported to be in final talks to sell its payments unit Setefi to banking services firm Istituto Centrale delle Banche Popolari (ICBPI) in a... read more

FIS supported by major payment brands to facilitate EMV terminal integration testing

28 Apr 16 @ 13:33

FIS announced that its EMV Terminal Integration Test Solutions for Contact and Contactless have been accredited by four major payment brands. Before bringing a payment terminal in the field, it must... read more

Connected commerce and wearables for payments

27 Apr 16 @ 15:34

The worldwide wearable device market (commonly referred to as wearables) will see continued growth as second and third generation iterations reach the market. These new devices will build upon the... 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

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... 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