04 Nov 19 @ 14:04
The dynamic payments industry continues to expand and evolve, with digital payment vehicles and transaction volumes growing across the globe. Over the past year, industry incumbents have been responding to... read more
04 Nov 19 @ 09:01
Western Union has deployed full Open Banking application programming interface (API) access to its supporting front-end domestic and international payment applications through its Western Union Business Solutions unit. This new... read more
01 Nov 19 @ 09:56
South Korea says it has commenced preliminary services for its new Open Banking system, under which a bank customer may use virtually all banking services of any other bank in... read more
31 Oct 19 @ 14:54
Online businesses see a world of opportunity for cross-border e-commerce sales and executives are ready to take action. According to The Visa Global Merchant E-commerce Study, e-commerce leaders globally view... read more
31 Oct 19 @ 09:56
Kroger, the US’s largest grocer, says it will reverse three month interchange fee ban on Visa credit cards. “As of today, Kroger now accepts Visa credit cards at all our... read more
30 Oct 19 @ 16:55
New research shows that there were 16 billion payment cards in circulation at the end of 2018, up by 10% since a year earlier. The research indicates that financial inclusion initiatives... read more
30 Oct 19 @ 12:58
Financial inclusion for SMEs is a hot topic for European governments, financial institutions, banking representatives and small business associations. All recognise that SMEs are a significant part of the region’s... read more
29 Oct 19 @ 12:33
Uber is making a strong push into financial services. The company has announced the formation of a new division called Uber Money, which will include a digital wallet and upgraded... read more
29 Oct 19 @ 11:25
It is forecasted that mobile banking is set to be more popular than visiting a high street bank branch within two years. And as the banking industry continues its digital... read more
29 Oct 19 @ 10:47
Consumer purchase volume running through the Mastercard network rose by 14% during Q3 2019, accelerating slightly from Q2, driving revenue and earnings per share past Wall Street’s expectations. Revenue at... read more
29 Oct 19 @ 10:08
Transbank S.A. and AEVI announced a strategic partnership to help Transbank’s customers in Chile deliver omnichannel and digital in-store experiences for their merchants. Founded as a credit card processing intermediary... read more
28 Oct 19 @ 17:06
Senior executives, commentators and analysts all agree – a workable digital identity is key to next-generation payments. Without functioning digital ID, the payments revolution will stall. But as state-sponsored national... read more
28 Oct 19 @ 15:44
With the first implementations of EMVCo’s EMV Secure Remote Commerce (SRC) specification entering the ecosystem, now is the perfect time to ask ‘what is EMV SRC and how will it... read more
28 Oct 19 @ 13:49
The banking industry is saturated with buzz words and all banks need to be seen to be advocates of these words, whether it’s Open Banking and PSD2, or agile work... read more
25 Oct 19 @ 12:19
A new Internet Retailer survey and report finds that global e-commerce will top $3 trillion this year for the first time. Online retail sales are projected to grow at compound... read more
25 Oct 19 @ 11:59
Vocalink has announced that it has signed a new contract with LINK to continue to provide ATM switching and settlement services until 2031. Having been the infrastructure partner to LINK... read more
25 Oct 19 @ 09:20
The National Cyber Security Centre (NCSC), a division of intelligence agency GCHQ, 2019 report revealed that the scheme Operation Haulster automatically flagged details of more than 1 million stolen credit... read more
22 Oct 19 @ 20:00
European and global card-based payment solution providers are coming together to strengthen the voice of the industry and to form a new association: Payments Europe. The new body represents card... read more
22 Oct 19 @ 11:31
The world’s biggest card networks — including Visa, Mastercard, American Express and Discover Financial Services — have joined forces to create a new one-click payments button, using the EMVCo’s EMV... read more
22 Oct 19 @ 11:17
Research has found that 86% of finance companies say that a lack of ability to migrate legacy apps to the cloud is impacting their business negatively, despite 85% viewing digital... read more
20 Oct 26 @ 09:06
Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more
15 Oct 26 @ 19:41
Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more
22 Oct 26 @ 18:16
The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more