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Worldpay IPO raises £2.5bn

14 Oct 15 @ 05:55

Worldpay has announced plans to raise as much as £2.5bn in the UK’s biggest initial public offering of the past two years. The payments processor priced its listing slightly below... read more

LG applies for G Pay trademark

14 Oct 15 @ 05:48

Following in the wake of Apple and Samsung, LG Electronics is rumoured to also be entering the global mobile payment market with G Pay. Not only is it entering South... read more

Target: Basic security failures to blame for breach

13 Oct 15 @ 08:54

In the immediate aftermath of the Target 2013 breach, Verizon consultants probed its network for weaknesses and came back with results that point to one overriding – lesson: be sure to... read more

National ITMX and VocaLink sign for national mobile payments service in Thailand

12 Oct 15 @ 12:20

National ITMX, Thailand’s main interbank payments provider and VocaLink have announced their joint study into potential collaboration to develop mobile payments in Thailand. VocaLink designed, built and manages the real-time technology behind... read more

A million new ATMs installed in five years

12 Oct 15 @ 12:06

The worldwide ATM installed base grew 7% in 2014, to reach three million units, according to RBR’s newly published Global ATM Market and Forecasts to 2020 report. This comes just... read more

Regulators move to halt global payments fragmentation

12 Oct 15 @ 07:22

Central bank regulators have proposed changes to stop the global payments system from fragmentation as banks scale back cross-border networks, blaming the cost of new regulation. Banks have long maintained links with other... read more

Concerns continue amid US EMV liability shift

12 Oct 15 @ 07:21

Policy makers in the US voiced concerns at a meeting last week that credit card networks and issuers have failed to effectively explain the implications of the Oct. 1 EMV liability shift... read more

Thwarting advanced threats with trusted crypto – White Paper

09 Oct 15 @ 12:19

The dangers posed by advanced targeted attacks are real. Enterprises have come up against the limitations of approaches such as intrusion detection and signature-based malware detection. One promising avenue to... read more

Barclays confirms 2016 Apple Pay launch

09 Oct 15 @ 10:48

Barclays has confirmed it will rollout Apple Pay in 2016. Signalling the first time the bank has given a firm date for the launch for the mobile payments service. In an... read more

Success in the mobile payment space

09 Oct 15 @ 10:39

Despite significant developments, especially in developed markets, no clear model or winner has been established yet for mobile payment. Hence, all players are still in a position to participate, as... read more

Cyber attacks: A Cloud Security Report

09 Oct 15 @ 10:26

Cyber attacks are on the rise. Companies both large and small are targeted daily by hackers seeking valuable data to monetize in the cyber underground. Recent reports show that 87% of... read more

China launches cross-border interbank payment system

08 Oct 15 @ 13:55

China’s central bank has launched the China International Payment System (CIPs), a worldwide  interbank payment system and superhighway for the yuan to facilitate trade settlement and investment dominated in the yuan. CIPS... read more

EU agrees to adopt revised Payments Services Directive (PSD2)

08 Oct 15 @ 12:52

The European Parliament has agreed to the European Commission revised Directive on Payment Services or the so called  Payments Services Directive (PSD2). This new law, proposed by the European Commission... read more

VC investment in UK FinTech reaches record highs

08 Oct 15 @ 12:38

VC investment into the UK’s technology and FinTech sector has reached a record high with London-based firms bagging 75% of the $2.2 billion raised since the beginning of this year. Data from London & Partners, the Mayor... read more

Banks struggle with cross-jurisdictional regulatory compliance

08 Oct 15 @ 12:15

Fenergo, a provider of Client Lifecycle Management solutions for institutional banks, has published key findings from new research commissioned from the Aite Group which suggests that financial institutions are struggling to... read more

Samsung Pay on defensive after mobile payments hack

08 Oct 15 @ 09:44

Samsung has been forced to defend Samsung Pay users – its new mobile payment system – after a hacking attack on the subsidiary that built its technology. In a statement that followed a New York... read more

World Payments Report 2015

07 Oct 15 @ 14:02

Non-cash payment volumes are expected to continue on a high growth trajectory in 2014, according to the World Payments Report 2015 from Capgemini and the Royal Bank of Scotland (RBS). They are... read more

MasterCard Identity Check

07 Oct 15 @ 13:01

MasterCard has introduced MasterCard Identity Check, a suite of technology solutions that leverage advanced technologies to prove a consumer’s identity and further simplify the online shopping experience. Existing methods to prove... 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