03 Oct 18 @ 12:50

Barclays says it will embrace the Open Banking revolution by updating its core mobile banking app allowing customers to view accounts from rival banks in one place. This change has... 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 @ 12:45

While the phrase ‘time is money’ may seem clichéd, it is becoming increasingly relevant as technology-savvy but busy consumers turn to the internet and alternative payments to make shopping faster... read more

03 Oct 18 @ 12:44

The UK’s biggest retailer, Tesco, is reported to be trialling a checkout-free method of payment for its convenience stores, allowing customers to scan products on their mobile devices and then... read more

03 Oct 18 @ 12:43

Samsung has celebrated the third anniversary of its mobile payment platform, Samsung Pay. Originally launched in South Korea on August 20, 2015, Samsung Pay has experienced significant global growth and... read more

03 Oct 18 @ 12:42

UK contactless payments continue to flourish, with almost one in two transactions now tap and pay, according to Mastercard figures. There has been a 95 percent increase in contactless transaction... 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 @ 12:39

In the last months it has been reported that 7,339 (and counting) individual e-commerce sites have been infested with the MagentoCore card skimmer malware in the last six months, making... read more

03 Oct 18 @ 12:38

UK shoppers are returning £7 billion of purchases every year, leading to a ‘phantom economy’ of lost revenue for retailers, with sales coming in which they are unable to recognise. ... 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 @ 12:32

The Open Banking Implementation Entity (OBIE) has announce the publication of the Open Banking Standards version 3. This update builds significantly on the version of the standards that launched in... 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

03 Oct 18 @ 12:30

Kroger has made good on its threat to stop accepting Visa credit cards, the culmination of a dispute over the interchange fee retailers pay to card networks for each transaction... read more

03 Oct 18 @ 12:28

Ripple Labs announced it has reached a settlement “of all outstanding litigation” between R3 and XRP, according to a press release published September 10. Per the statement, the details of... read more

09 Aug 18 @ 15:05

Cybercrime is booming. Banks and financial services companies are targets for criminals following the money and for nation-state actors and others looking to destabilise financial infrastructure. Ethical hackers, sometimes known... 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 @ 14:45

Debit cards have overtaken cash as the most frequently used payment method in the UK, according to UK Finance. At the end of 2017, UK consumers had made 13.2 billion... read more

09 Aug 18 @ 14:44

Remittances to low and middle-income countries rebounded to a record level in 2017 after two consecutive years of decline. The World Bank estimates that officially recorded remittance to low- and... read more

09 Aug 18 @ 14:43

The European Banking Authority (EBA) clarifies a number of issues in the regulatory technical standards (RTS) on strong customer authentication. The EBA had the delegated authority under the revised payment... 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