11 Oct 17 @ 15:17

Banks and FinTech companies in Europe are on opposite ends of a debate about access to customer data, also known as ‘screen-scraping’. The increasingly public fight came after the European... read more

11 Oct 17 @ 15:16

A report from Consult Hyperion, forecasts that European financial institutions could face fines totalling €4.7 billion in the first three years under the new European general data protection regulation (EU... read more

11 Oct 17 @ 15:05

A new study from Juniper Research has found that the value of cryptocurrency transactions is expected to surpass $1 trillion in 2017, more than 15 times the level in 2016. The... read more

11 Oct 17 @ 14:59

Consumers will soon be able to forget about PINs and frustratingly long 16-digit card numbers when shopping online and in the real world. Visa is pushing to make Australian banks... read more

11 Oct 17 @ 14:59

WhatsApp is rumoured to be preparing P2P payments for its messaging app, making it the latest service to let users transfer money to one another with a text. A beta... read more

11 Oct 17 @ 14:49

The widespread adoption of contactless in the UK was a gradual process but over the past few years use has grown exponentially, making the UK a leader in contactless payment.... read more

11 Oct 17 @ 14:47

Samsung Pay has capitalised on its home advantage and processed ten trillion won ($8.8 billion) in accumulated transaction volume in South Korea, the company announced. The service was launched in... read more

11 Oct 17 @ 14:46

Mastercard has unveiled a pilot project in Poland to turn smartphones into payment terminals for accepting contactless payments. The solution is aimed at small and micro merchants that have traditionally accepted... read more

11 Oct 17 @ 14:45

HSBC customers in China can now make payments with a selfie, thanks to the introduction of facial recognition technology in the bank’s mobile app. With the new system, the customer... read more

11 Oct 17 @ 14:44

Barclaycard is starting a pilot that enables merchants in the UK to accept Alipay transactions at physical point of sale. The pilot commenced on 14 August 2017 in eight retail... read more

11 Oct 17 @ 14:43

E-commerce is set to prosper among the BRICS countries and become a major link connecting their residents, according to a report by AliResearch, the research arm of  Chinese internet giant,... read more

11 Oct 17 @ 14:40

Corporates are under increasing pressure to be more efficient and their expectations of their banks are changing as a result. Banks need to be innovative to meet client expectations. Virtual... read more

11 Oct 17 @ 14:40

Square says it plans to submit an application to form a wholly-owned bank based in Utah. The unit, to be called Square Financial Services, would offer loans and deposit accounts... read more

11 Oct 17 @ 14:40

The Payment Systems Regulator (PSR) and Bank of England (BoE) have announced that the Payment System Operator Delivery Group (PSODG) has completed the necessary steps to deliver against the mandate... read more

11 Oct 17 @ 14:38

Nets is rumoured to be nearing a deal that is expected to value the company’s shares at more than DKr31.3 billion ($5 billion) with US private equity firm Hellman &... read more

11 Oct 17 @ 14:34

PayPal has signed a deal with Visa that allows it to issue Visa-branded debit cards in Europe, as the company moves further into traditional retail banking territory. The two companies... read more

03 Aug 17 @ 06:48

Passwords are no longer passing muster as a security or authentication method. The problem is quantity as much as quality. The average number of passwords registered to a single e-mail... read more

03 Aug 17 @ 06:45

While Asia remains home to most payments innovation, Europe has leapfrogged Africa, North America and Latin America into second place, findings from the Global Payments Innovation Jury Report 2017 reveal.... read more

03 Aug 17 @ 06:40

Acquiring gambling merchants is high risk. Or at least this always used to be the case. But in a regulated industry quick to adopt new technology, where the house always... read more

03 Aug 17 @ 06:36

There was a regulatory alert every 12 minutes in 2015, according to Thomson Reuters. With the pace of regulatory change showing no signs of let-up and compliance budgets ballooning, regulation... read more