06 Mar 19 @ 14:25

Under the Payment Services Directive (EU) 2015/2366 (“PSD2”), an Account Servicing Payment Service Provider (“ASPSP”) must grant a Third Party Providers (“TPP”) direct access to certain payment accounts of the... read more

06 Mar 19 @ 10:38

The European Commission (EC) has been reported to be considering implementing new regulations to support and accelerate the adoption of TARGET Instant Payments Settlement System (TIPS) in an effort to... read more

06 Mar 19 @ 10:37

The SEPA Proxy Lookup (SPL) service, a new service that creates secure interoperability between existing mobile P2P payments services has launched. The SPL service is ready to be used, and... read more

05 Mar 19 @ 10:49

Barclaycard, which processes nearly half of the UK’s credit and debit card transactions, has announces a new card acceptance partnership with UnionPay International, a subsidiary of China UnionPay. The deal... read more

04 Mar 19 @ 12:42

Driven by contactless card payments and by increased card usage, in 2017 the number of card payments continued to grow across the 33 countries covered by our PCM’s Payment Card... read more

04 Mar 19 @ 12:19

Facebook is working on making the FaceCoin cryptocurrency that will let users transfer money on its WhatsApp messaging app, focusing first on the remittances market. The company is developing FaceCoin... read more

04 Mar 19 @ 11:46

Today more than ever, people are living a digital and mobile life, and they expect their ability to pay to match that same “always on” mindset, according to social media... read more

01 Mar 19 @ 13:00

Transformation of some sort is taking place in almost every part of the financial services sector but what does this really mean for the future of banking, and most importantly... read more

01 Mar 19 @ 11:35

Now processing over $1.3 billion a day, the mobile money industry added a record 143 million registered customers in 2018 – according to the GSMA’s annual State of the Industry... read more

01 Mar 19 @ 09:24

The rapid pace of digital transformation has left many industries scrambling to find secure, convenient ways of establishing identity for digital services. The digital identity ecosystem has become fragmented and... read more

27 Feb 19 @ 21:22

Forecasts predict that by 2022, just 17% of global payments will be made by cash. Meanwhile, digital and mobile wallet usage will continue to rise, accounting for 28% of all... read more

25 Feb 19 @ 17:13

In December 2018 on the earnings call for Apple, analysts were given several incremental data points on the usage of Apple Pay. It may seem like an insignificant piece of... read more

25 Feb 19 @ 14:33

Dan Schulman, the CEO of PayPal has gone on record with CNBC and said that the digital payments industry may become a $100 trillion market as the financial technology sector... read more

25 Feb 19 @ 14:20

The U.S. Spending Snapshot shows growth in consumer spending via electronic payments like credit cards, debit cards and mobile wallets more than doubled year-over-year from the third quarter (Q3) 2017... read more

22 Feb 19 @ 14:06

The Indian e-commerce market is estimated to miss the market growth expectations as e-commerce behemoths, which were formally going full throttle, seem to have slowed down ever since the new FDI rules kicked in... read more

22 Feb 19 @ 12:06

From gateways to issuers, today’s payments providers have a treasure trove of data at their fingertips. By using it to generate insights into consumer purchasing behaviour, and coupling these insights with... read more

22 Feb 19 @ 11:30

While enterprises began introducing biometrics into the authentication process decades ago, the introduction of the technology into mobile devices was the catalyst for the consumerisation of biometric authentication. The first... read more

19 Feb 19 @ 07:52

As a leading payments market, credit and debit card payments account for the vast majority of the UK’s online purchases, particularly with the introduction of contactless. However, this doesn’t ring... read more

15 Feb 19 @ 14:23

Brexit brings a wave of uncertainty and change to the UK business landscape, and since the day the UK voted to leave the EU, it’s been a whirlwind. But what... read more

14 Feb 19 @ 21:28

Ant Financial has finally managed to make its mark in a significant European first. The Chinese financial services giant has agreed to buy UK payments group WorldFirst in a deal... read more