29 Mar 18 @ 10:30
The first thing to be clear about is that PSD2 open banking is not the same as UK Open Banking currently live with the CAM9, although not all of them... read more
29 Mar 18 @ 10:15
UK FinTechs see Open Banking as a major area of opportunity for 2018, according to the EY UK FinTech Open Banking Snapshot, launched at HMT FinTech conference. The majority (81%)... read more
28 Mar 18 @ 10:46
The latest cards research, Global Payment Cards Data and Forecasts to 2022, reveals that the number of card-accepting merchant outlets rose by an impressive 7 million in 2016 to 61... read more
28 Mar 18 @ 10:14
Poor password management – including the continued reliance on default, stolen, weak and non-unique passwords – is a key factor in more than 80% of hack-driven breaches, according to Verizon’s... read more
27 Mar 18 @ 10:54
Spanish police have arrested a Ukrainian national they suspect is the head of the infamous Carbanak cyber crime gang that stole more than €1bn from 100 financial institutions, often by... read more
27 Mar 18 @ 10:46
Instagram has introduced a direct-to-consumer e-commerce brand with the launch of Instagram Shopping in the UK, an update on the social media platform allows consumers to seamlessly purchase products directly... read more
26 Mar 18 @ 13:44
Payconiq, a mobile payments app supported by the majority of Belgian and Dutch banks, is to merge with Bancontact, the Belgian market leader in electronic payments. Created from a merger... read more
26 Mar 18 @ 09:59
UK headquartered banks are still planning for a March 2019 departure from the UE after European regulators declined to offer any formal assurances for how business can be conducted during... read more
23 Mar 18 @ 15:47
ASEAN financial institutions are focusing increasing investment on payments modernisation, with real-time payments capabilities serving as the first step to digital transformation across consumer and corporate services, per new benchmark... read more
23 Mar 18 @ 14:12
TransCrypt is using Telegram as a base to launch a new universal cryptocurrency payment system that acts within the interface of popular messaging platforms, allowing users to send or receive... read more
23 Mar 18 @ 12:13
Amazon is making a cross-border e-commerce transactions push for merchants on its website to sell goods into other countries, setting the stage for greater competition with rival marketplaces run by... read more
21 Mar 18 @ 07:21
Nearly all Chinese travellers (91%) would be more willing to shop and spend at overseas merchants that accepted Chinese mobile payments, according to a new Nielsen report, jointly released by... read more
20 Mar 18 @ 11:45
The Open Banking ecosystem can learn a lot from the smartphone operating system (OS) market. In particular, banks that are developing APIs in a bid to control the new ecosystem... read more
16 Mar 18 @ 16:26
There can be little doubt after this year’s Sibos that digital disruption drives new ecosystems, marketplaces and businesses; thus, changing the game for how banks connect to their clients and... read more
15 Mar 18 @ 20:21
Transaction laundering has quickly evolved into one of the payment industry’s most prominent and most difficult problems. Transaction laundering — also previously known as “undisclosed aggregation” or “factoring” — occurs... read more
15 Mar 18 @ 14:00
Dan Schulman, PayPal CEO has said that mobile is going to “fundamentally redefine” the retail industry and change the way consumers think about the Check out. “Already, it’s starting to... read more
14 Mar 18 @ 15:25
That scammers are buying and selling your stolen personal info on the dark web and it’s not just credit card details is not new. However, with hacked dating profiles, streaming... read more
14 Mar 18 @ 14:56
Central to mobile payments is the mobile wallet, the consumer-facing platform that acts as a front end for wider mobile payment services and functionality. Deploying a mobile wallet platform capable... read more
13 Mar 18 @ 15:53
The Global Shadow Banking Monitoring Report 2017 presents the results of the FSB’s annual monitoring exercise to assess global trends and risks from the shadow banking system. The 2017 monitoring exercise covers... read more
13 Mar 18 @ 15:27
PayPal has reportedly filed a patent to speed up cryptocurrency transaction times by eliminating the verification time of the payment, however, some experts argue that this is already made possible... 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