16 Jun 20 @ 12:23

The EC is launching an investigation into Apple Pay and whether it undermines competition by limiting access to NFC for contactless payment in stores. Margrethe Vestager, the EU’s competition chief,... read more

15 Jun 20 @ 11:20

BitPay has launched the BitPay Card, the first Mastercard Prepaid card for crypto users in the US. The Card enables customers to instantly convert cryptocurrency into fiat currency, which is... read more

11 Jun 20 @ 11:19

It’s January 2022. Countries around the world are teeming with life again. Roads and trains are packed with employees commuting to work. High street retailers are seeing foot traffic, and... read more

02 Jun 20 @ 15:51

Western Union is reported to have made an offer to acquire MoneyGram in a transaction that would bring together the two largest money-transfer service providers in the US. Western Union... read more

01 Jun 20 @ 09:23

Samsung has unveiled Samsung Money by SoFi, a new mobile-first money management experience that brings a cash management account and accompanying Mastercard debit card along with exclusive benefits to Samsung... read more

26 May 20 @ 10:50

Visa says that 28 new partners will be joining Visa Token Service as credential-on-file (COF) token requestors. These new partners will help make digital transactions more secure by tokenizing both one-time... read more

14 May 20 @ 10:54

Mastercard is facing a claim of up to £14 billion in a landmark UK collective action case over interchange fee charges that were passed on to shoppers. This week, a... read more

13 May 20 @ 15:37

The sudden boom in e-commerce caused by government mandated social distancing and in-store business closures is already generating a sharp increase in fraud and chargebacks. “In the past few weeks,... read more

06 May 20 @ 11:18

Remittances have played an increasingly important role in the economies of many low-income countries as migrants around the world have been sending an increasing amount of money home in recent... read more

23 Apr 20 @ 15:49

Due to COVID-19, over the past few months, nationwide restrictions on travel, work, and leisure across most European countries have led to a dramatic drop in consumer spend. Meanwhile, repayment... read more

22 Apr 20 @ 13:49

Doug Gray, Chief Commercial Officer at Maxa, says the holy grail of online commerce – improving transaction security while reducing consumer friction – is achievable. By adopting online contactless payments,... read more

20 Apr 20 @ 12:09

Payments Europe welcomes that the European Commission has started assessing the impact and consequences of the Interchange Fee Regulation (IFR) and has written a paper to support this. The European... read more

17 Apr 20 @ 10:55

Santander has announces the launch of PagoFX, a low-cost international money transfer service, with a view to taking on TransferWise and others, in the UK. The service is available via... read more

08 Apr 20 @ 14:16

The European Commission has accepted requests submitted by Austria, Denmark, Finland, Norway, Sweden and the UK to assess under the EU Merger Regulation the proposed acquisition of Nets A/S account-to-account... read more

30 Mar 20 @ 12:02

In early February we reported that Visa was planning a complete overhaul of its interchange fee structure that merchants pay to accept its cards, hoping to persuade more people to... read more

30 Mar 20 @ 09:26

SDK.finance, a financial technology provider, has announced a one year payment deferral for all companies with financial licenses issued by any country of the European Union and the United Kingdom.... read more

27 Mar 20 @ 13:59

2019 marked a major milestone for the mobile money industry: the number of registered mobile money accounts surpassed 1 billion. Reaching the 1 billion mark is a tremendous achievement for... read more

25 Mar 20 @ 13:25

Fresh reports from LINK, the operator of the UK’s biggest network of ATMs, say cash usage in Britain has halved in the past few days. The closure of shops, a shift... read more

24 Mar 20 @ 13:32

When you think of the word innovation, many different concepts and places come to mind. You may think of high-speed rail transit in Japan or Elon Musk’s Hyperloop. But, while... read more

19 Mar 20 @ 10:46

Throughout the past two decades corporates have swiftly transitioned from traditional linear business models to platform based as the demand for quality product outlay in record time escalates. With platform-based... read more