25 Mar 15 @ 11:13

On April 1st,, in what will be a landmark date for UK financial regulation, The Payment Systems Regulator (PSR), the new economic regulator for payment systems, has confirmed how it will regulate... read more

25 Mar 15 @ 09:36

Former mobile banking darling Monitise has decided not to sell itself, but a strategic review of its “options” has led to its founder and co-CEO Alistair Lukies stepping down from the... read more

24 Mar 15 @ 15:07

New research from remittance specialist Azimo, demonstrates that the percentage of money transfers sent from mobile phones has more than doubled in the 12 months to January 2015. Azimo’s research found that... read more

24 Mar 15 @ 11:42

A major new report sets out key recommendations for the banking industry and urges regulators to give consumers certainty that their money is equally well-protected wherever they choose to bank.... read more

23 Mar 15 @ 12:27

Optimal Payments a global provider of online and mobile payment processing services, has entered into an agreement to acquire Skrill Group from CVC Funds and other shareholders, for an enterprise... read more

23 Mar 15 @ 11:30

Target is said to be preparing to settle a class-action suit over its 2013 data breach by paying $10 million to set up a fund for breach victims, who will... read more

23 Mar 15 @ 10:38

MTN Uganda has been forced to call a press conference, with high-ranking executives from both MTN and Stanbic. Stanbic bank’s Managing Director, Patrick Mweheire, opened by explaining that the briefing was being held... read more

20 Mar 15 @ 11:41

In a recent survey of over 300 global business professionals by Timetric, respondents were asked if they use mobile phones for payments and if it is set to change over... read more

20 Mar 15 @ 11:26

Setting out its approach to digital currency, the UK government has vowed to start applying anti-money laundering regulation to exchanges but also promising to put cash behind research into the potential... read more

20 Mar 15 @ 11:07

Chinese smartphone maker Xiaomi is the latest tech company to cross over into financial services by offering an interest bearing mobile wallet. Xiaomi began public beta testing Tuesday of an... read more

19 Mar 15 @ 10:37

Multi-channel retailing was named as the biggest payment challenge facing retailers by nearly half (47%) of respondents to Ingenico Group’s survey at this year’s RBTE. Ingenico has revealed the results of... read more

19 Mar 15 @ 10:30

Facebook is bringing P2P payments to its Messenger application. The strategy will help Facebook keep users on its platform and add value while opening the door to promotion and loyalty capabilities... read more

19 Mar 15 @ 10:18

Faced with mounting cost pressures and the increasing popularity of digital channels, many financial institutions are undertaking wholesale re-evaluations of their branch strategy, affecting network size, shape, technology and staffing.... read more

18 Mar 15 @ 10:27

Rakuten has announced that it plans to enable customers to choose bitcoin as a payment option by integrating Bitnet’s payment processing platform on a number of its marketplaces. The Internet services giant... read more

18 Mar 15 @ 10:20

A new report from Juniper Research has found that the number of active Bitcoin users worldwide will reach 4.7 million by the end of 2019, up from just over 1.3... read more

18 Mar 15 @ 10:02

Misys has unveiled what it claims to be the first banking app prototype for the Apple Watch. Developed by a team at Misys Labs, the company said the technology would... read more

17 Mar 15 @ 16:07

Travellers on the London public transport network used their contactless payment cards to pay for more than a million journeys on a single day last week. Transport for London (TfL),... read more

17 Mar 15 @ 16:04

Chinese e-commerce player Alibaba is developing facial recognition technology enabling mobile shoppers to replace their passwords with photos of their faces. According to Alibaba chairman Jack Ma, such biometric technology... read more