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US strengthen cyber security regulations

11 Nov 15 @ 11:45

The New York State Department of Financial Services has outlined its proposals to strengthen cyber security regulations. In a letter to other state and federal regulators, the NYDFS says it... read more

Biometric market for financial services reach $657 million

11 Nov 15 @ 09:42

The advent of the Internet of Things (IoT) has propelled the demand for better security solutions on electronic devices. Apple’s iPhone 5s, which was released in 2013, was the first... read more

Singles Day hits new spending record

11 Nov 15 @ 09:00

The Chinese economy is slowing but Singles Day shoppers still went for it online and drove Singles Day sales up to more than $10bn on Alibaba by 2pm on Wednesday, beating last year’s record of... read more

UK cyber security failings

10 Nov 15 @ 18:17

The free market is failing when it comes to cyber security, Britain’s electronic spy chief has warned in a rare public intervention that could pave the way for tougher regulation as... read more

Amazon expand cross-border payment options in Europe

10 Nov 15 @ 16:21

Amazon has selected Payoneer to expand cross-border payment options to sellers from 24 countries who sell on marketplaces in the US, Spain, France, Italy, Germany and the UK. As a featured payment... read more

Prepaid cards continue spectacular rise in Italy

10 Nov 15 @ 16:09

According to a new report, prepaid cards in Italy increased from 19.4 million in 2009 to 45.5 million in 2013, with an expected further growth of 17,42%. It estimates that... read more

M-Pesa revenues surge

10 Nov 15 @ 13:27

Safaricom has reported a 24% jump in M-Pesa revenues to KES19.4 billion ($190 million) in H1 2015, as its active user base reached 15.7 million. Interestingly, the operator also revealed... read more

A look at the new Worldline group structure

05 Nov 15 @ 11:46

Having announced that Worldline reached an agreement with Equens on a transaction that will see Worldline receive 63.6% of newly created Equens shares in exchange of the merger, PCM takes a... read more

ACI Worldwide acquires PAY.ON

05 Nov 15 @ 08:57

Who can resist a deal? It seems nobody in the payments industry. Hot of the JV between Equens and Worldline, ACI Worldwide and PAY.ON, a leader in e-commerce payment gateway services, announced... read more

2015: a record-breaking Black Friday

04 Nov 15 @ 15:50

According to figures released by the British Retail Consortium (BRC), UK retailers are preparing for a record-breaking Black Friday, with almost £1bn in online sales expected, while online sales over the... read more

Thriving Chinese e-commerce market

04 Nov 15 @ 14:24

According to a new report, China is one of the largest and most mature e-commerce markets in the world, increasing at a CAGR of 56.99% over the last four years,... read more

Oberthur IPO on ice

04 Nov 15 @ 10:40

The Oberthur IPO is on ice in what seems like an embarrassing about face, the technology company has postponed its planned IPO, citing unfavourable market conditions. The group, which earlier this week posted... read more

Worldline and Equens join forces to become European leader

04 Nov 15 @ 10:17

Worldline and Equens have jointly announced that they have signed a Memorandum of Understanding (MoU) on a strategic new entity. The strategic aim of the new entity is to be... read more

Tech industry leaders launch Financial Innovation Now

04 Nov 15 @ 08:53

Technology industry leaders Amazon, Apple, Google, Intuit and PayPal announced the formation of Financial Innovation Now, a coalition that will promote policies to help foster greater innovation in financial services.... read more

US payments transaction data shows credit growing over debit

03 Nov 15 @ 11:22

Recent payments transaction data reported by the major card networks and the Federal Reserve Board has shown credit transaction growth exceeding debit transaction growth since 2012 (see Figure 1). This... read more

The impact of the interchange fee regulation: a Bank view

03 Nov 15 @ 10:47

The ways in which we pay and are paid are changing. Apple Pay has been launched in the UK, Barclays has announced that it will launch Android-based mobile payments later... read more

Visa Inc. to acquire Visa Europe

02 Nov 15 @ 11:57

Visa Inc. and Visa Europe have announced a definitive agreement for Visa Inc. to acquire Visa Europe, creating a single global company. The transaction consists of upfront consideration of €16.5 billion with... 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