27 Nov 18 @ 11:45

Accenture has warned traditional banks that new entrants have arrived as significant players in banking, and that the industry is now seeing revenues shift towards these new players. According to... read more

27 Nov 18 @ 11:30

Born around the turn of the millennium, a new generation of consumers has entered adulthood in 2018. They have never known a world without mobile phones and tablet computers, have... read more

03 Oct 18 @ 13:43

Although the USA remains the world’s largest single payments market and the world’s largest economy, it is a complex market which has proven slower to move to new technologies such... read more

03 Oct 18 @ 13:40

During a lecture given in Germany in February 2018, Agustin Carstens, general manager of the Bank of International Settlements (BIS), described Bitcoin as “a combination of a bubble, a Ponzi... read more

03 Oct 18 @ 13:32

In recent years, interchange rates have come under increasing pressure from a variety of judicial reviews by the US Federal Reserve, the European Union and individual countries such as Canada,... read more

03 Oct 18 @ 12:47

Instead of counting notes and coins or entering a PIN, mobile payments on smartphones have the potential to become a popular method of payment in Germany. Google Pay is already... read more

03 Oct 18 @ 12:41

The UK’s Payments Systems Regulator (PSR) has launched an investigation into card acquiring services and whether Britain’s big banks and payments specialists such as Worldpay and Wirecard have taken advantage... read more

03 Oct 18 @ 12:33

Stripe, the mobile payments provider and disruptor, is set to launch Stripe Issuing, a platform for creating, distributing, and managing physical and virtual cards via APIs. According to the firm,... read more

03 Oct 18 @ 12:31

GRAFT (Global Real-time Authorisations and Funds Transfers), a blockchain payment network, has announced that it achieved its first end-to-end instant payment transaction (under 2 seconds) on the GRAFT Network. This... read more

09 Aug 18 @ 15:01

The benefits and functionality of prepaid are now being appreciated by all types of issuers and customers. Prepaid is increasingly becoming the infrastructure of choice for FinTech innovation. So, what... read more

09 Aug 18 @ 14:57

Cash is a capital-intensive business and nowhere more so than with ATMs. With cash usage generally declining and the fixed and unit costs of providing cash access rising, banks are... read more

09 Aug 18 @ 14:39

Amex has won an eight-year antitrust lawsuit over interchange fees. The Supreme Court ruling at the end of June found that the card company’s ‘anti-steering’ rules did not violate federal... read more

01 Jun 18 @ 10:07

Retail bank investments in technology are paying off with regard to digital-only bank customers. But some of the growth may be coming at the expense of customer satisfaction, says a... read more

01 Jun 18 @ 10:07

An independent payments consultancy, CMSPI, has initiated a complaint with the European Commission over changes Visa is making to its fees, claiming the card scheme’s actions could cost SMEs  in... read more

09 Apr 18 @ 13:45

We examine payments in Europe’s most prosperous economy. How do Germans pay today? And considering the fragmented banking landscape, love of cash and internet-connected, tech-savvy population, what does the future... read more

09 Apr 18 @ 13:32

Amazon is reported to be discussing a potential partnership to offer its customers bank accounts via JPMorgan Chase, in a deal that would marry America’s biggest e-commerce platform with the... read more

01 Feb 18 @ 09:34

The year 2016 marked the second time that multiple Federal Reserve Banks (FR Banks) have surveyed financial institutions about their mobile banking and payment practices and plans. After surveying institutions... read more

31 Jan 18 @ 14:35

Retail companies could become the new face of everyday financial transactions post-PSD2. PSD2 requires banks to grant third-party providers – such as retail merchants – access to a consumer’s online... read more

24 Nov 17 @ 14:35

The global payments industry accounted for 34 percent of overall banking revenues in 2016, up from 27 percent five years ago. Annual growth will average seven percent over the next... read more

11 Oct 17 @ 14:37

Atlanta-based law firm Webb, Klase & Lemond, LLC has filed two class action lawsuits against payment processing giants EVO Payments International and EVO Merchant Services (collectively, “EVO”) alleging they maintain... read more