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How consumers rate finance apps

12 Nov 15 @ 09:01

People are obsessed with money. In 2015, people are also obsessed with their smartphones and tablets. It is natural that apps that help people bank, manage their money, make payments... read more

Faster Payments increases scheme limit to £250,000

12 Nov 15 @ 08:47

The Faster Payments limit for Banks and Building Societies has been raised to £250,000 per payment from Tuesday 10 November 2015, following an increase to the scheme limit announced by Faster Payments... read more

The impact of the interchange fee regulation: a Processor view

11 Nov 15 @ 12:07

Last April, the European Parliament and the Council of the European Union adopted a new Interchange Fee Regulation (IFR) capping interchange fees for payments made with debit and credit cards.... read more

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

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