Showing results for 'weve' in Articles
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Fintech companies most worried about regulatory impact

20 Nov 15 @ 11:56

A survey conducted by Silicon Valley Bank (SVB) among fintech startups and investors in the industry has revealed that the biggest challenge they see for the near future are regulatory hurdles, the... read more

Norway’s Valyou mobile payments service wraps up

19 Nov 15 @ 11:27

In what will be perceived in the industry as another failure by the combined forces of the telecommunications industry (after Simpay and Weve) Norwegian mobile payments service Valyou has been... read more

Warning of online fraud and chargebacks ahead of Black Friday

16 Nov 15 @ 16:59

Global Risk Technologies is warning individuals and online retailers to be aware of hidden threats in the upcoming shopping extravaganza of Black Friday (27th November).  Experts are predicting it to create... read more

UK cyber security failings

10 Nov 15 @ 18:17

The free market is failing when it comes to cyber security, Britain’s electronic spy chief has warned in a rare public intervention that could pave the way for tougher regulation as... read more

M-Pesa revenues surge

10 Nov 15 @ 13:27

Safaricom has reported a 24% jump in M-Pesa revenues to KES19.4 billion ($190 million) in H1 2015, as its active user base reached 15.7 million. Interestingly, the operator also revealed... read more

Thriving Chinese e-commerce market

04 Nov 15 @ 14:24

According to a new report, China is one of the largest and most mature e-commerce markets in the world, increasing at a CAGR of 56.99% over the last four years,... read more

US payments transaction data shows credit growing over debit

03 Nov 15 @ 11:22

Recent payments transaction data reported by the major card networks and the Federal Reserve Board has shown credit transaction growth exceeding debit transaction growth since 2012 (see Figure 1). This... read more

The impact of the interchange fee regulation: a Bank view

03 Nov 15 @ 10:47

The ways in which we pay and are paid are changing. Apple Pay has been launched in the UK, Barclays has announced that it will launch Android-based mobile payments later... read more

Amazon closes mPOS business

02 Nov 15 @ 10:27

Amazon is to close its mPOS business, Local Register, which failed to catch on among the small businesses who were its supposed customers. Amazon Local Register did not gain much traction against... read more

The impact of the interchange fee regulation – a card scheme view

29 Oct 15 @ 11:56

European payments are being hit by several disruptive forces, including heightened levels of innovation, competition and regulation. One of the more significant changes is the European Union Regulation on the... read more

UK alternative finance market for business to exceed £10 billion by 2020

27 Oct 15 @ 13:51

Small and medium-sized businesses in the UK are likely to benefit from the substantial projected growth of alternate sources of funding, such as peer-to-business (P2B) lending and crowd-funding over the... read more

Merchant fraud-to-sales losses up on 2014

27 Oct 15 @ 13:47

Merchants are experiencing an increase in fraud, losing 1.32% of revenue to fraud on average compared to 0.68% in 2014, according to the annual LexisNexis True Cost of Fraud Study.... read more

MeaWallet to Provide HCE Payments for Seamless SEQR Wallet

26 Oct 15 @ 14:32

MeaWallet has agreed with Seamless to deliver cloud-based HCE payment technology to open up SEQR for contactless EMV payments. MeaWallet’s Cloud-Based Payment Platform will be fully integrated into SEQR and... read more

Microsoft bringing mobile payment to Windows 10

23 Oct 15 @ 14:42

With all tech majors like Google, Apple and Samsung already offering mobile payment services, Microsoft has announced that is also planning to join the action. The payment system allows users to store... read more

ECJ rules Bitcoin and exchanges are VAT-exempt

22 Oct 15 @ 14:29

The European Court of Justice (ECJ) has ruled that bitcoin exchange transactions should be exempt from VAT. The ECJ ruling stated that bitcoin transactions “are exempt from VAT under the... read more

Cost of cash to increase for retailers by 50%

21 Oct 15 @ 09:44

Retailers are facing cost implications over the next three-to-five years as a series of developments in the cash industry, including the implementation of polymer notes in the UK, impacts business... read more

A world without banks as we know them?

19 Oct 15 @ 12:23

Historically, banks have dominated the entire market, but times are changing and the FinTech invaders are beginning to disrupt the space. Banks certainly have their place, but their share is... read more

UK set to make 120 million payments a day

19 Oct 15 @ 12:00

An all-time record 44 billion payments will be made in 2024, up 3.4 billion over 10 years, equating to 120 million payments per day. The increase will be driven by... read more

How the Dridex malware ring was taken down

16 Oct 15 @ 15:46

Thanks to an international law enforcement operation, the ultra-virulent Dridex malware and related botnet have been disrupted as the US’s DOJ targets a Moldovan man in connection with Dridex malware thefts.... read more

LG applies for G Pay trademark

14 Oct 15 @ 05:48

Following in the wake of Apple and Samsung, LG Electronics is rumoured to also be entering the global mobile payment market with G Pay. Not only is it entering South... read more

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Wero expands merchant payments in France with Orange

06 Sep 26 @ 19:31

Wero is moving further beyond its origins as a peer-to-peer payment service, with Orange becoming the first merchant in France to offer subscription bill paymen... more

ECB and Brazil explore cross-border link between TIPS and Pix

06 Sep 26 @ 19:32

The European Central Bank and Banco Central do Brasil are examining whether Europe’s TIPS instant-payment infrastructure could be connected with Brazil’s hu... more

US Bank tests its own Stablecoin for Cross-Border Payments

10 Sep 26 @ 15:44

US Bank has completed a live cross-border transaction using its own dollar-backed stablecoin, becoming one of the latest major lenders to test whether blockchai... more