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ATM data suggest appetite for cash remains strong

06 Jan 16 @ 12:00

Global ATM cash withdrawal volumes grew by 7% in 2014 with a total of 92 billion withdrawals made, according to a newly published Global ATM Market and Forecasts to 2020 report.... read more

Bitcoin will continue to grow in 2016

06 Jan 16 @ 11:35

Whilst many will put 2015 down as the year of hype for Bitcoin, this infograph shows that the predictions for the cryptocurrency are still grand.  

12 paytech trends for 2016

05 Jan 16 @ 14:46

As 2016 blasts into gear, what are the big paytech trends for 2016? Guessing what you’re going to buy before you do “Predicting the future is no longer science fiction.... read more

Bango expands carrier billed payments collaboration with Microsoft

05 Jan 16 @ 13:43

Bango has expanded its agreement and integration with Microsoft to deliver carrier billed payments across Windows 10 devices. As a result, charging payments to the user’s phone bills will become... read more

One in 10 card transactions now contactless

05 Jan 16 @ 13:32

Contactless card transactions now account for one in 10 card payments, the first time the milestone has been passed, latest figures from The UK Cards Association show. There were 120.5... read more

Orange moves into mobile banking as it looks to acquire Groupama

05 Jan 16 @ 13:21

Orange is reported to be making a bold move into mobile banking by entering exclusive negotiations with Groupama to buy up to 65% of the insurer’s banking unit. France’s biggest telecoms... read more

Omni-Channel Payments for Merchants – Survey

04 Jan 16 @ 13:04

Retailers, merchants, banks, and marketers are understanding the benefits of offering customers Omni-Channel ways to shop – via the internet, through social media channels and apps and the ability to sell,... read more

The future of bureau de change live in London

04 Jan 16 @ 12:48

UK-based company Fourex is rolling out self-service currency exchange machines across London’s underground network with a kiosk now live at King’s Cross station. Fourex machines enable customers to exchange notes... read more

Worldwide wearable market to surpass 200 million

23 Dec 15 @ 12:10

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 hardware... read more

MasterCard gaining ground on Visa in the Americas

23 Dec 15 @ 12:02

Visa and MasterCard account for 69% of the 2.9 billion payment cards issued in the nine countries in the Americas, and this share continues to increase. RBR’s study reveals that... read more

Cash still king despite e-payment growth

22 Dec 15 @ 15:55

Despite the proliferation of e-commerce and the rise of payment cards worldwide, cash is growing nearly as fast globally as cashless payments. A new study found cashless transactions in the aggregate... read more

FI’s exposed to money laundering risk

22 Dec 15 @ 15:47

A new study by LexisNexis Risk Solutions and Association of Certified Anti-Money Laundering Specialists reveals that 37% of financial institutions have increased risk exposure to money laundering. The same source mentions that... read more

Apple Pay to launch in China with UnionPay

22 Dec 15 @ 13:25

Apple Pay has teamed up with bank-card processor China UnionPay and 15 Chinese banks to bring the mobile payment service to China as soon as early 2016. The move, which was reported... read more

Payments UK launches SEPA payment portal tool

21 Dec 15 @ 14:00

Nearly two months ahead of the 1 February 20161 regulatory deadline which will require Eurozone Payment Service Providers (PSPs) to process SEPA payments using only the IBAN2 – rather than the BIC... read more

British consumers are using online banking – 40% using Smartphones

21 Dec 15 @ 13:50

Research carried out by Callcredit Information Group and YouGov* has revealed that 76% of consumers surveyed are using online banking either very or fairly often and 40% of those using... read more

Russia launches domestic payment system

21 Dec 15 @ 13:41

Russia has launched its own domestic payment system, aiming to boost its financial independence and compete with international payment systems such as Visa and MasterCard. The launch of the Russian... read more

Mobile payment rivals line up challenge to Alipay

18 Dec 15 @ 12:09

Smartphone rivals Apple and Samsung are mounting a challenge to Alibaba’s dominance of China’s emerging mobile payment market, after announcing co-operation deals with Chinese bank card network UnionPay. In twin announcements... read more

Banks increase spending on payment technology

16 Dec 15 @ 17:29

Banks across the world are set to significantly increase spending on new payment technology in 2016, according to a new report from Ovum, the independent technology firm. Driven by increased... 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

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... 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