31 Jan 19 @ 12:31

Alternative payment methods such as mobile wallets and digital wallets are steadily gaining ground over more traditional payment methods such as cards, bank transfers and cash in the Asia-Pacific (APAC)... read more

31 Jan 19 @ 12:04

Payment Service Providers are pushing to implement their PSD2 Strong Customer Authentication (SCA) solutions ready for the September deadline. But of course it’s not just them that will be affected... read more

29 Jan 19 @ 11:43

As data breaches and increasingly sophisticated phishing attacks continue to drive online account compromise and financial loss, organisations are finally stepping up strong authentication and investing in stronger, phishing-resistant forms of authentication.“ The... read more

28 Jan 19 @ 17:13

A year ago, Amazon opened a cashierless store called Amazon Go, marking its biggest effort yet to change the way people shop in the physical world. Today a host of other... read more

28 Jan 19 @ 16:55

Zelle has continued to gain traction with users and financial institutions, indicating that there is plenty of room for growth still in the US P2P payments market. Early Warning Services,... read more

28 Jan 19 @ 13:29

Mastercard has stepped in and made a £233 million counter bid to take over payments firm Earthport, as it looks to head off rival Visa’s attempts to buy the company.... read more

25 Jan 19 @ 10:56

Central Bank of Kenya (CBK) data shows that mobile money transactions stood at Sh3.98 trillion ($38.5 billion) last year, having increased by Sh346 billion (10%) from 2017. This translates to... read more

25 Jan 19 @ 09:35

On 1 January 2018, the EU introduced its second Payment Services Directive (PSD2), designed to introduce greater competition to financial services by compelling institutions to share customer data and APIs... read more

25 Jan 19 @ 08:57

PPRO has joined Banking Circle, the financial utility. PerfectCard, the FinTech provider of employee reward and corporate expense solutions, has also joined Banking Circle to streamline payment reconciliation. The latest... read more

24 Jan 19 @ 09:16

The Payment Systems Regulator (PSR) has published its final terms of reference for a market review into the supply of card acquiring services. The regulator notes that card payments are... read more

23 Jan 19 @ 11:57

Across the 33 countries covered in the European Payments Yearbook, cards in issue (+3.2%), and POS terminals by number (+7.3%) showed remarkable growth rates again while the ATM terminal estate... read more

23 Jan 19 @ 09:57

BORICA AD, a company with 50-years history and experience in providing specialised solutions for over 30 financial institutions in Bulgaria and neighbouring countries, has chosen the OpenWay WAY4 digital payment... read more

23 Jan 19 @ 08:45

Microsoft has updated its Wallet page, saying that the Microsoft Wallet app will be retired on February 28, 2019. Microsoft Wallet allowed users to load up payments and loyalty cards, but beginning in June... read more

22 Jan 19 @ 16:32

It’s that time of year — when the technology news circuit is full of predictions of the next big trends on the horizon and PCM is no different in highlighting... read more

22 Jan 19 @ 12:12

The European Commission has fined Mastercard a meaty €570.6 million ($648.3 million) for limiting the possibility for merchants to benefit from better interchange fees offered by banks elsewhere in the European... read more

22 Jan 19 @ 11:00

In recent years, interchange rates have come under increasing pressure from a variety of judicial reviews by the US Federal Reserve, the European Union and individual countries such as Canada,... read more

21 Jan 19 @ 13:17

In the UK customers are still paying hundreds of pounds as retailers are illegally surcharging for card payments at POS. Credit and debit card surcharging was banned in January 2018,... read more

21 Jan 19 @ 12:55

Alipay has received a second e-money license in Luxembourg. With this license, Alipay can serve the European market and is a hedge against Britain’s exit from the European Union, enabling... read more

17 Jan 19 @ 14:26

A new survey released by the Bank of England shows dire trading conditions for British banks and credit lenders as they gear down on expectations that consumer appetite for borrowing... read more

17 Jan 19 @ 13:26

The global digital banking market is set to grow from its current market value of more than $7 billion to over $9 trillion by 2024; according to a new research... read more