18 Dec 19 @ 15:18

Transbank S.A. and AEVI announced a strategic partnership to help Transbank’s customers in Chile deliver omnichannel and digital in-store experiences for their merchants. Founded as a credit card processing intermediary in... read more

18 Dec 19 @ 15:16

American Express says it will launch an Open Banking product that will enable UK consumers to pay for goods and services online directly from their bank account. Pay with Bank... read more

18 Dec 19 @ 15:10

Visa has announced it will acquire a “significant minority” stake in Nigerian payments platform Interswitch. Interswitch did not provide financial details in its statement but media reports indicate that Visa would... read more

18 Dec 19 @ 15:09

PayPal has beaten off competition from payments giants Visa and Mastercard to become the first foreign company to acquire a payments licence in China. PayPal obtained the license through the... read more

14 Oct 19 @ 09:16

According to a new report from Accenture, the $1 trillion that traditional retail and commercial banks have invested globally over the past three years to transform their IT operations has... read more

14 Oct 19 @ 09:15

A new paper authored by Moorwand CEO Robert Courtneidge argues that the only way to avoid chaos as cryptocurrencies go mainstream is for international regulators to adopt a coordinated approach.... read more

14 Oct 19 @ 08:52

Skyrocketing Card-Not-Present (CNP) fraud numbers, card theft and ID theft – plus the revelation of a single fraud case involving a Federal Government agency in which up to AUD 99... read more

14 Oct 19 @ 08:45

As much as 15 percent of banks’ global payments revenue, or $280 billion, is likely be displaced by the growth of digital payments and competition from non-banks, as payments become... read more

14 Oct 19 @ 08:42

There’s no such thing as one size fits all when it comes to the intelligence needed to uncover, specify, and prevent cyberthreats. Each industry faces unique challenges and vulnerabilities as... read more

14 Oct 19 @ 08:40

As recently reported by the China Finance 40 Group, China will soon roll out its central bank digital currency (CBDC). Mu Changchun, Deputy Chief in the Payment and Settlement Division... read more

14 Oct 19 @ 08:39

The global Real-Time Payments (RTP) market size was valued at 6.90 billion in 2018 and is projected to expand at a CAGR of 29.3 percent from 2019 to 2025. RTPs... read more

14 Oct 19 @ 08:38

It’s neither a cryptocurrency, nor does it run on blockchain. Aside from these minor points, US and European banks are steering clear of Libra, Facebook’s project for a new cryptocurrency.... read more

14 Oct 19 @ 08:33

Seven independent mobile payment systems in Europe have come together to form the European Mobile Payment Systems Association (EMPSA). The EMPSA will have its headquarters in Zurich, Switzerland, the association... read more

14 Oct 19 @ 08:31

JP Morgan Chase has announced it will follow other major banks’ lead and shut down its mobile wallet app, Chase Pay. This represents the bank’s third reversal on its digital... read more

13 Oct 19 @ 21:42

Researchers have discovered flaws that allow hackers to bypass the payment limits on Visa contactless cards, according to a blog by Positive Technologies. Researchers Leigh-Anne Galloway and Tim Yunusov tested... read more

13 Oct 19 @ 21:40

The UK’s Co-op is continuing to make changes in-store with the rollout of more cashierless technology into convenience stores as cash use continues to drop. The retailer is extending its... read more

13 Oct 19 @ 21:32

Three FinTech mega-deals totalling $87 billion set the scene for a record-breaking $120 billion in disclosed fintech transaction value during a ‘white-hot’ first half of 2019, the latest global FinTech... read more

13 Oct 19 @ 14:08

Amazon, the company that brought consumers scan and go, plans to bring consumers pay by hand. Reports suggest the online retailing giant is developing a new payment system designed to... read more

13 Oct 19 @ 14:07

Wells Fargo says it will pilot an internal settlement service, Wells Fargo Digital Cash, which will run on its first distributed ledger technology (DLT) platform. Wells Fargo Digital Cash will... read more

13 Oct 19 @ 14:05

FIS announced the closing of its acquisition of Worldpay, creating a global leader in technology and solutions for merchants, banks and capital markets. The combined company will have over $12... read more