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Deutsche Bank to change troublesome IT system

29 Oct 15 @ 09:00

As well as cutting tens of thousands of jobs, shrinking the bonus pool and shedding billions of dollars of unwanted assets, John Cryan promised to rip out and replace much of... read more

Apple Pay ties up with Amex to bypass unwilling banks

28 Oct 15 @ 12:51

Apple Pay has cunningly formulated a clever tie up with American Express to bypass banks unwilling to give up their card fees by launching Apple Pay with American Express in... read more

UK online card payments jump by a fifth in a year

28 Oct 15 @ 12:34

The number of online card payments made on the internet has increased by 20% in the past year with consumers spending £11.5 billion online in August, according to the latest figures... read more

Fintech companies hold key to $2 trillion SME funding gap

28 Oct 15 @ 11:06

Fintech companies are leading the way in disruptive innovation in financial services, helping to bridge a $2 trillion funding gap for millions of small and medium-sized enterprises (SMEs) seeking credit... read more

JPMorgan Chase to launch Chase Pay, an Apple Pay rival

27 Oct 15 @ 15:31

JPMorgan Chase says it will soon launch a competitor to Apple Pay, Chase Pay, that will allow consumers to pay retailers using their smartphones in stores, and it has already won the... read more

Agiliti sign first contract

27 Oct 15 @ 13:58

Fiserv says that Agiliti from Fiserv continues to gain momentum, signing its first client, Think Money, set to go live in early 2016. The hosted, software-as-a-service (SaaS) retail bank technology solution, modular... read more

UK alternative finance market for business to exceed £10 billion by 2020

27 Oct 15 @ 13:51

Small and medium-sized businesses in the UK are likely to benefit from the substantial projected growth of alternate sources of funding, such as peer-to-business (P2B) lending and crowd-funding over the... read more

Merchant fraud-to-sales losses up on 2014

27 Oct 15 @ 13:47

Merchants are experiencing an increase in fraud, losing 1.32% of revenue to fraud on average compared to 0.68% in 2014, according to the annual LexisNexis True Cost of Fraud Study.... read more

Banking Circle: low cost cross border transfers

27 Oct 15 @ 09:48

Saxo Payments has launched Banking Circle, for its international payments community. Banking Circle  is a marketplace that disrupts traditional international B2B banking, delivering significant advantages for FinTechs and their merchants as well asd providing... read more

US national real-time payment system

26 Oct 15 @ 16:44

The Clearing House (TCH) has entered into a letter of intent with VocaLink, the UK-based international payment systems provider, to help build and deliver core elements of TCH’s new real-time... read more

W3C starts web payments standards work to streamline online Check-out process

26 Oct 15 @ 15:45

The World Wide Web Consortium (W3C) has launched the Web Payments Working Group to help streamline the online “check-out” process and make payments easier and more secure on the Web.... read more

payworks integrates with Stripe to power UK EMV POS payments

26 Oct 15 @ 14:49

payworks, a leading POS payment platform for developers, announced its collaboration with technology platform Stripe to enable Stripe users to accept payments via Chip and PIN card readers in the... read more

MeaWallet to Provide HCE Payments for Seamless SEQR Wallet

26 Oct 15 @ 14:32

MeaWallet has agreed with Seamless to deliver cloud-based HCE payment technology to open up SEQR for contactless EMV payments. MeaWallet’s Cloud-Based Payment Platform will be fully integrated into SEQR and... read more

American Express invests in first P2P Bitcoin venture

26 Oct 15 @ 14:24

Last week, P2P Bitcoin company Abra, announced that it will soon be available to all registered users in the US and Philippines and will also now offer services enabling merchants to... read more

Microsoft bringing mobile payment to Windows 10

23 Oct 15 @ 14:42

With all tech majors like Google, Apple and Samsung already offering mobile payment services, Microsoft has announced that is also planning to join the action. The payment system allows users to store... read more

Cyber criminals break Chip and PIN

23 Oct 15 @ 13:22

It has bee revealed that cyber criminals have worked out a way to hack the Chip and PIN card system currently being introduced at businesses throughout the US and widely used... read more

Cashless future for Sweden?

23 Oct 15 @ 13:02

Sweden is on track to becoming the world’s first cashless society, thanks to the country’s embrace of IT, as well as a crackdown on organized crime and terror, according to... read more

US smart payment card shipments to top 500 million in 2015

23 Oct 15 @ 12:28

Shipments of smart banking and payment cards in the US are projected to increase to just over 502 million in 2015, up from 223 million in 2014, according to latest research from... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more