03 Dec 20 @ 09:00

Since September 2019, PSD2 RTS for Strong Customer Authentication (SCA) applies in the European Union. This revised Payment Services Directive makes SCA mandatory for banks and any sensitive operations, with... read more

02 Dec 20 @ 12:39

On October 27, 2020, the European Central Bank (ECB) issued a public consultation (Consultation) on its draft oversight framework for electronic payment instruments, schemes, and arrangements (PISA). The Consultation invites feedback on... read more

02 Dec 20 @ 11:10

Following the launch of USD collections for Amazon in the US, Canada and Mexico earlier this year, financial infrastructure provider Banking Circle is now providing USD collections for sellers across... read more

01 Dec 20 @ 16:28

Following a three-month public consultation, and in close collaboration with stakeholders from the entire payment value chain, the EPC has published the first version of the Single Euro Payments Area... read more

01 Dec 20 @ 15:52

New data has found that $1,120 billion will be spent by global online shoppers on international e-commerce websites and digital services in 2022. This will represent around 20% of total... read more

01 Dec 20 @ 12:36

Novalnet AG, a full-service Payment Provider, is partnering with Banking Circle, for faster and lower cost foreign exchange (FX) and settlement solutions for its 12,000+ customers around the world. Banking... read more

30 Nov 20 @ 11:15

These days, the average consumer has multiple cards weighing down their pockets, from debit and credit cards, loyalty schemes, contactless public transport tickets, IDs, healthcare cards and more. This seems... read more

27 Nov 20 @ 14:57

Libra, Facebooks digital currency, is rumoured to be prepping for launch in early Q1 2021, but in a limited capacity to its already its already downgraded vision. The Libra Association... read more

26 Nov 20 @ 11:27

Sopra Steria, a supplier to the UK’s NHS, has admitted a ransomware attack on its systems last month is likely to cost the company between €40 million ($48 million) and... read more

25 Nov 20 @ 13:08

The European Payments Initiative (EPI) has entered its next phase and has announced Worldline and Nets as shareholders of the EPI Interim Company, as the first third-party acquirers to join... read more

24 Nov 20 @ 16:53

Deutsche Bank is reported to be in the market actively looking for acquisitions and joint ventures to help Germany’s largest lender hit its goal of becoming a major force in... read more

24 Nov 20 @ 16:21

In Q3 2020 there has been a consistent and significant increase in mobile malware activity with Asia at the epicentre, according to new data published by Secure-D, which currently covers... read more

23 Nov 20 @ 15:53

Christine Lagarde, the head of the European Central Bank, appears serious about a digital euro. Barely a month after the central bank issued a major report on the topic, and opened a public... read more

20 Nov 20 @ 17:26

Google Pay has received a full blooded update. The company announced it has completely revamped the app for its mobile payment system, maintaining the same abilities as before to send... read more

20 Nov 20 @ 12:05

A new report, ‘Follow the Money’, describes the complex web of money laundering, money mules, front companies and cryptocurrencies that criminals use to siphon funds from the financial system after... read more

19 Nov 20 @ 16:59

The Central Bank of Brazil has announced it will launch an instant payments platform, called Pix, that will speed up and simplify transactions, as well as foster financial sector competition... read more

19 Nov 20 @ 13:16

FinTech and Payments (PayTech) has been an investor focus for years. And while many FinTech payments ventures have seen big successes, we’ve only just begun. In this article, Payments Cards... read more

18 Nov 20 @ 16:56

Contactless payments have taken a leap forward during 2020, in part driven by concerns around the potential spread of COVID-19. In the Nordics, the contactless payment ratio has grown from... read more

17 Nov 20 @ 18:56

As 2020 comes to an end, leaders in governments and key industries are working to determine how people can safely return to work, particularly in travel and tourism where jobs... read more

16 Nov 20 @ 20:04

The European Central Bank’s (ECB) Governing Council, in line with the European Commission’s (EC) objectives, has taken an important move towards the full reach of instant payments across the euro... read more