22 May 20 @ 09:42
The COVID-19 outbreak has led to the savage disruption of retail the world over. Almost overnight, foot traffic in physical stores disappeared, and supply chains were left scrambled. Now at... read more
21 May 20 @ 12:58
Banque de France, the French central bank, has completed what it is calling the first successful test of a digital euro, as part of its ongoing experiments with central bank... read more
19 May 20 @ 14:25
EasyJet has revealed that the personal information of 9 million customers was accessed in what the low-cost airline is describing as a “highly sophisticated” cyber-attack. The company announced that email... read more
13 May 20 @ 10:29
I think that the fact that COVID-19 has ravaged economies and industrial sectors does not need to be mentioned again, however the impact on FinTech is now starting to be... read more
12 May 20 @ 13:25
As the world comes to terms with the impact that the COVID-19 pandemic continues to have on the health and lives of many, some are left wondering exactly what the... read more
11 May 20 @ 16:03
Ingenico Group, Nets Group, Nexi, and Worldline have announced the launch of an EU advocacy alliance bringing together Europe’s independent payment services providers. The “European Digital Payments Industry Alliance” (EDPIA)’s... read more
06 May 20 @ 12:20
The UK’s Financial Conduct Authority (FCA) has delayed the implementation of Strong Customer Authentication (SCA). This is the second delay is has authorised. Last year, the FCA extended the deadline... read more
06 May 20 @ 11:18
Remittances have played an increasingly important role in the economies of many low-income countries as migrants around the world have been sending an increasing amount of money home in recent... read more
01 May 20 @ 09:33
China will begin trialling payments of its new Central Bank Digital Currency in four major cities, according to domestic media. In recent months, China’s central bank has stepped up its... read more
28 Apr 20 @ 08:37
Wirecard says that the independent audit by KPMG into fraud allegations uncovered no need to restate earnings, but added that all the data needed to confirm past revenues could not... read more
23 Apr 20 @ 16:16
Central bank digital currency (CBDC) from the likes of the Bank of England should be issued to prevent the ‘privatisation’ of money and trust in the monetary system disappearing, according... read more
22 Apr 20 @ 12:55
The financial services industry has been dealing with the impact of Open Banking since the inaugural World FinTech Report in 2017. Fast forward to the World FinTech Report 2020 and... read more
17 Apr 20 @ 11:34
The P2P lending economy of China was one of the biggest markets that happened to the economy as investment options diversified, and loans were made available for even those who... read more
16 Apr 20 @ 11:23
The global payment industry has undergone massive change during the past decade, with more and more people utilising the benefits of FinTech. The global shift towards a cashless society has... read more
16 Apr 20 @ 10:29
When hackers silently forced their way into the computer network Finastra in mid-March, the company was focused on developing emergency plans for operating amid the emerging COVID-19 coronavirus pandemic. Moving... read more
15 Apr 20 @ 11:39
Payments app MuchBetter and Swiss watch smart glass provider, Winwatch, have teamed up to launch a unique analogue payments steel watch with smart payment functionality. It is the first watch to use “STISS”... read more
02 Apr 20 @ 16:08
As the catastrophic human costs of the coronavirus come into clearer focus, so too do the consequences for people’s well-being beyond the immediate imperative to safeguard lives. Taking care of... read more
30 Mar 20 @ 12:02
In early February we reported that Visa was planning a complete overhaul of its interchange fee structure that merchants pay to accept its cards, hoping to persuade more people to... read more
30 Mar 20 @ 09:26
SDK.finance, a financial technology provider, has announced a one year payment deferral for all companies with financial licenses issued by any country of the European Union and the United Kingdom.... read more
25 Mar 20 @ 09:56
The major schemes have announced over the last few weeks their commitment to enabling the increase in contactless payment limits across Europe. The move comes as 29 countries implement new... read more
05 Aug 26 @ 16:37
Visa has agreed to acquire Israeli behavioural biometrics specialist BioCatch in a $2.4 billion all-cash transaction, marking one of the payments giant's larges... more
05 Aug 26 @ 16:36
Fiserv and Mastercard have strengthened their long-standing partnership with a new global agreement designed to simplify payment acceptance for enterprise merch... more
13 Aug 26 @ 15:19
Royal Bank of Canada and Bank of Montreal have agreed to sell their jointly owned payments processor Moneris to private equity group Francisco Partners in a C$2... more