14 Feb 19 @ 14:47

In a blow to those who believe a cashless society is near,  the UK Treasury Committee has held an evidence session with the Payment Systems Regulator (PSR), in which Rt Hon. Nicky... read more

14 Feb 19 @ 14:37

Despite CEO Jamie Dimon labelling Bitcoin a fraud, JP Morgan, the largest bank in the US, has announced it has created and successfully tested its JPM Coin cryptocurrency this month.... read more

13 Feb 19 @ 16:51

ExpertMarket has released a new ‘tap map’ revealing the contactless card limits for 49 countries around the world. More of us than ever before are choosing to pay via contactless... read more

13 Feb 19 @ 16:35

Payment cards were used for purchases with a value of $25.1 trillion worldwide in 2017, an increase of 13% on the year before. Although card expenditure is growing strongly, it... read more

13 Feb 19 @ 13:30

As part of the mobile and social media revolution, the Telegram messaging app has experienced significant growth, adding 350,000 new users daily. The platform has been widely adopted globally and... read more

12 Feb 19 @ 16:58

Travelling abroad is no longer a luxury for many Chinese citizens as they are now enjoying rising incomes and better living standards. According to the latest statistics from the China... read more

12 Feb 19 @ 13:35

Back in 2016, The Bangladesh Bank suffered a massive cyber heist. Now, the bank has filed a lawsuit in New York federal court to recover the lost $81 million. The... read more

11 Feb 19 @ 09:18

Visa announced an increased bid for Earthport to £247 million as it fights with Mastercard to claim the companies assets. Last month, Mastercard offered around £233 million for the assets... read more

08 Feb 19 @ 13:18

Societe Generale, one of Europe’s largest banks with operations across the world, has selected HPS to improve the payment processing activities for ten African subsidiaries. By migrating to HPS’ technology,... read more

07 Feb 19 @ 15:27

In a further update to the ongoing FT (and other party) investigations into Wirecard, it now seems that there is going to be serious fall out from the allegations made... read more

07 Feb 19 @ 13:07

The latest FinTech M&A Market Report from international technology mergers and acquisitions advisor, Hampleton Partners, reveals that 2018 witnessed the highest level of investment in FinTech start-ups on record, with... read more

05 Feb 19 @ 16:55

Banking customers are increasingly opening multiple accounts, particularly the younger generations, with up to a third of Millennials and Gen-Zs having opened at least two new accounts in the past... read more

05 Feb 19 @ 09:47

Open Banking regulation is a critically important strategic topic that cannot be ignored due to the size of the opportunity and the potentially disruptive impact it could have on the... read more

05 Feb 19 @ 09:00

The development of the Chinese payments industry in recent years has been breathtaking. Here are a few proof points: China’s mobile payments sector dwarfs the US. In 2017, China saw... read more

04 Feb 19 @ 15:55

Phygital payments are on the rise. While payments vendors continue to pitch and strategise with a focus on omni-channel, the omni-channel story has already moved on. Omni-channel remains important and the... read more

04 Feb 19 @ 15:37

Wirecard has informed investors that an external law firm has been investigating alleged accounting manipulations by “a member of Wirecard’s finance team” in its Singapore operations since May 2018, with the... read more

01 Feb 19 @ 15:50

The Global Financial Innovation Network (GFIN) was formally launched in January 2019 by an international group of financial regulators and related organisations, including the FCA to create a global regulatory... read more

01 Feb 19 @ 15:28

The huge global increase in connectivity, prompted by the launch of mobile devices, has affected banks just as much as retailers. As a result, financial institutions have had no choice... read more

01 Feb 19 @ 14:45

The current pace of change in banking dwarfs any former precedent. And the future of digital banking will match the fastest evolutionary pace ever recorded. A visible shift in the... read more

31 Jan 19 @ 20:54

The Financial Times report that alleged wrongdoings at Wirecard is no reason to launch a criminal probe, according German financial regulator BaFin. The FT reported on Wednesday that a senior... read more