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European Commission agree on Payments Services Directive

06 May 15 @ 14:24

Back in 2013, the European Commission set out proposals for a Payments Services Directive 2 (PSD2) in an effort to improve cross-border payments, tackling what it says is still a... read more

Consumer payments: behaviors & perceptions

06 May 15 @ 13:57

In August 2014, approximately 1 out of every 5 banked consumers in the U.S. said they would be comfortable using their smartphone to initiate all of their payments transactions, according... read more

27% of global online transactions now on mobile – Mobile Payments Index

05 May 15 @ 17:11

Online payments made using mobile devices continues to rise globally – according to the quarterly Mobile Payments Index (MPI), which tracks mobile payment data from web-based transactions – now accounting for 27.2%... read more

Visa announces widespread UK launch of V.me

05 May 15 @ 16:17

Visa Europe has confirmed that it has secured commitment from 55% of the UK’s issuance base, which accounts for more than 60 million card holders, and thousands of the UK’s retailers,... read more

Millennials: how banks can capitalize

05 May 15 @ 14:13

Personal Financial Management (PFM) tools offering consumers budgeting tools and enhanced visibility into their spending behavior are becoming more widely available. And while not all customers are interested in these... read more

Visa Europe Collab international innovation hub

05 May 15 @ 12:02

Visa Europe has announces the launch of Visa Europe Collab, its new international innovation hub. Working with a network of partners from across the digital and fintech ecosystem, Visa Europe Collab... read more

Mobile payments in the US 2015

01 May 15 @ 12:34

Apple, Starbucks and Disney are all strong brands with loyal followings, but they also have something else in common: They’re early leaders in the ever-evolving mobile payments market. Some analysts... read more

CurrentC announces launch date

01 May 15 @ 12:19

Finally, some good news for CurrentC! As the new CEO, Brian Mooney, formerly CEO of Bank of America Merchant Services, one of the largest US merchant payment acquirers, Merchant Customer Exchange (MCX), a... read more

Payment Card Tokenization

01 May 15 @ 11:06

Tokenization is a technology that allows for more secure payments by substituting sensitive consumer account data for a random number that is unique to each transaction – a digital token.... read more

PayPal launches One Touch payments

30 Apr 15 @ 12:39

PayPal says it has launched one touch payments in a move to simplify and accelerate their payment service and deal with the large number of incomplete transactions. The payment service, called One Touch... read more

Malawi takes key step to advance digital payments

30 Apr 15 @ 10:39

Malawi says it has taken a significant step towards creating a digital payments ecosystem in order to address poverty and drive inclusive growth. An event organized by the Government of Malawi... read more

Coinbase opens exchange in UK

30 Apr 15 @ 10:27

Coinbase, the world’s most well-funded bitcoin company, has opened its exchange and online wallet in the UK, targeting British enthusiasm for the digital currency as it eyes international expansion. The... read more

Cyber security is the EU’s digital frontier

29 Apr 15 @ 10:45

Cyber security is a precondition to promoting innovation also in the area of payments. The European Union Agency for Network and Information Security (ENISA) is a centre of expertise for... read more

Instant Payments – the future retail payments market – an ECB viewpoint

29 Apr 15 @ 10:29

Should payments be as quick as emails or messaging with smartphone apps? Should funds be transferred instantly from sender to receiver around the clock? Many actors are paying more attention... read more

London identity theft rates three times higher

29 Apr 15 @ 10:10

London is the country’s identity theft capital, with significantly higher rates than anywhere else in the UK. The statistics are based on the number of fraudulent applications across financial products... read more

Deutsche Bank ramps up digital bank capabilities

29 Apr 15 @ 09:49

Deutsche bank has announced plans to shutter 200 branches and invest an additional €1 billion over the next three-to-five years to create “a more digital bank”. As part of a... read more

Discover enables Apple Pay for card holders

28 Apr 15 @ 16:30

Discover has announced an agreement with Apple that will allow Discover card holders in the US to make contactless payments in participating stores through Apple Pay. In addition to paying in stores with... read more

MCX crushed as Best Buy moves ahead with Apple Pay

28 Apr 15 @ 12:37

In more bad news for MCX, Best Buy customers can now use Apple Pay to buy electronics online, with the physical stores to follow later this year, Apple CEO Tim Cook... 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