17 Mar 17 @ 12:26

In less than a year the revised Payment Services Directive (PSD2) will be implemented in European Union (EU) Member States. The Second Payment Services Directive (PSD2) is a fundamental piece of... read more

15 Mar 17 @ 09:25

Google is to revisit history going back back to P2P payments, adding the feature to its Gmail Android app that allows sending friends funds by attaching a file to an email. Google first... read more

09 Mar 17 @ 15:22

A new report published by Allied Market Research projects that the global prepaid card market is anticipated to reach $3,653 billion by 2022, registering a CAGR of 22.7% from 2016 to... read more

24 Feb 17 @ 10:45

A recent Gartner survey estimated that by 2020, the number of connected objects will increase by 30 times current levels, making IoT (Internet of Things) a huge untapped opportunity for retailers... read more

17 Feb 17 @ 12:01

Let’s be honest, reconciliation is a pain. It’s a battle, a struggle and an all-around nuisance for corporates, albeit a necessary one. Getting paid is crucial, irrespective of business size.... read more

13 Feb 17 @ 17:07

In an ambitious move, 100 Norwegian banks have taken a stake in the Vipps P2P mobile payment app developed by DNB in a bid to block competition from rival Nordic platforms and... read more

31 Jan 17 @ 08:50

Mastercard has fought off a legal battle against a group of retailers including Asda, Morrison, New Look and Next in the High Court connected to interchange fees. Mastercard is fighting at least 10 separate lawsuits... read more

25 Jan 17 @ 15:55

When bank-account funded payments, real-time payments, mobile and other digital payments are actually the default way to pay in many countries, the term ‘alternative’ seems a misnomer. We examine current... read more

23 Jan 17 @ 10:43

The mobile channel can facilitate nearly any type of consumer payment, often with greater convenience than before. This has attracted a growing legion of dedicated users, yet wherever legitimate payments... read more

20 Jan 17 @ 10:13

Daimler AG, the parent company of Mercedes-Benz, has taken over PayCash Europe with the intent to launch Mercedes Pay. With increasing interest in FinTech and systems, companies are trying to... read more

17 Jan 17 @ 09:46

Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Société Générale and UniCredit signed a Memorandum of Understanding to collaborate on the development of a shared cross-border trade finance platform for small and... read more

12 Jan 17 @ 16:14

Bharti Airtel, India’s largets wireless carrier, has unveiled its so-called Airtel Payments Bank, committing an initial investment of 30 billion rupees ($441 million) to build a nationwide network. Airtel Payments Bank is the... read more

12 Jan 17 @ 10:31

With the goal to increase the value and usability of loyalty points, Verifone and FIS are collaborating to enable consumers to pay with loyalty points linked to their credit or debit cards... read more

08 Jan 17 @ 12:19

Professor Richard Benham, chairman of the National Cyber Management Centre, has given a severe warning: “A major bank will fail as a result of a cyber attack in 2017 leading to a... read more

05 Jan 17 @ 14:19

Prepaid cards are witnessing a fast rise in popularity, with the global market expected to grow to $535bn by 2020[1]. What was once seen predominantly as a tool for promoting... read more

03 Jan 17 @ 13:34

The Bank of Korea has published, as part of an overview of the central bank’s future plans, a report titled “Present Status and Key Issues of Distributed Ledger Technology” detailing policy... read more

20 Dec 16 @ 10:54

Euroclear announced the successful completion of its first pilot for Euroclear Bankchain, the gold bullion based blockchain solution, with FinTech company Paxos. Euroclear Bankchain is a new blockchain settlement service for London bullion due to go... read more

29 Nov 16 @ 12:54

The Royal Mint is set to launch a digital gold offering which will be traded on blockchain – to be made available around mid-2017. The blockchain-based gold product, called Royal... read more

29 Nov 16 @ 10:29

Apple has claimed first blood in its battle with Australia’s largest banks, which have been trying to force it to offer them access to Apple Pay. The decision could help... read more

24 Nov 16 @ 15:23

Visa and Mastercard, are are sensing an opportunity and hoping to see a seismic switch to digital transactions after years of waiting post India’s sudden withdrawal of its most widely... read more