pcm

 

FEATURED NEWS

Latest News

Turkey Government Passed New Legislation for Open Banking

The Turkish Government has passed new legislation paving the way for the introduction of Open Banking and full compliance with PSD2.

Alipay's Target is to Serve 10m European SMEs by 2024

Alipay has set a target of supporting 10 million small to medium sized businesses in Europe over the next five years with new payment innovations and partner programmes.

The 3rd GCC E-Payments and Online Banking Summit

The future of payments and banking industry. EastMed Ltd, announced the 3rd Annual E-Payments and Online Banking summit will be held under the patronage of Central Bank of Bahrain on 8-9 April 2020 in Manama, Bahrain.

Diginex Launches Digivault to Provide Institutional-grade Custody for Digital Assets

Diginex, a blockchain financial services and technology company, today announced the launch of Digivault, offering digital asset custody services to meet the rigorous requirements of institutions.

Invisible Payments to Take The Stage as The New Commerce Norm

Payvision released a new ebook exploring the future of commerce payments. The research looks into how the next generation of payments is reinventing the shopping experience, giving merchants clear insight into key strategic retail trends.

Euro Study Reveals Consumer Appetites for Open Banking

Survey confirms that banks are preferred suppliers of open banking services, but must fight to maintain position as TPPs evolve the category

How Can Click-Fraud be Prevented with Blockchain?

Synthetic fraud and clean fraud tactics employ stolen cardholder information to complete purchases. Account takeover attacks have the same goal, but target consumers’ account credentials instead of payment details. Click fraud, however, can prove to be a much more difficult threat source to identify.

Wirecard to Acquire China's Allscore Payment Services

Wirecard, the global innovation leader for digital financial technology, is investing in a comprehensive license portfolio for digital payments through an acquisition in China.

Merchant Payment Platforms Market Might Exceed $16 Billion by 2024

The various merchant and digital payment industry as a service market size is expected to grow from USD $5.7 billion in 2019 to USD $16.7 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 23.9% during the forecast period according to a report by MarketsAndMarkets.

Revolut Opens Melbourne Office in Australia

The challenger bank Revolut will be operating as an electric money institution until gets an Aussia banking license

Singapore-based FinTech Firm – Thunes to Provide Payment Services Across ASEAN on CALISTA™

Global eTrade Services (GeTS) announced its partnership with Thunes – a leading Singapore-based global cross-border payments network for emerging markets. This partnership will facilitate better cross-border payments for customers using CALISTA™.

SPS Enters into an Exclusive and Worldwide Patent Licence Agreement for Paragon ID’s Copper Wire Embedded Inductive Coupling Technologies

In recent years, the IN GROUPE, with its subsidiary, SPS, and PARAGON ID, through its subsidiary AMATECH, have each developed and patented inductive coupling technologies. These include inlays and antennas used by their respective customers in a variety of final products such as contactless dual interface cards and electronic passports.

Nets makes changes to the Executive Committee

With the clear ambition of becoming a leading player in the European payments industry, Nets now makes changes to its Executive Committee. This means welcoming Torsten Hagen Jørgensen as the new CEO of Issuer & eSecurity Services and Gianluca Ventura as the new Group CHRO. Consequently, two current members of the Executive Committee are leaving Nets.

GoCardless and Recurly Partner up on a New Subscription Platform

Integration of worldwide payment network and subscription management platform streamlines global payments for subscription commerce

Study Finds that Payments Platform Revenue to Jump 50 Percent by 2024

The payments sector might get more boost with the introduction of digital currencies.

Starling to issue dual currency debit cards

Starling Bank has issued a dual currency debit card which enables users to pay for purchases in either pounds or euros.

Fingerprints Unveils Next-Gen Touchless Authentication Platform proven security and improved usability for mobile and IoT use cases

New solution expands ‘touchless’ portfolio, offering proven security and improved usability for mobile and IoT use cases

Retail Banks are Losing the Race to Challenger Banks

Capgemini and Efma's World Retail Banking Report (WRBR) released today finds that consumers are increasingly choosing challenger banks due to poor customer service in the 'last mile' of service delivery from high street incumbents.

Uber has announced a New Division Uber Money

The company announced on Monday the formation of a new division called Uber Money to house its efforts, which include a digital wallet and upgraded debit and credit cards.

Payment Globalization highlights need for new standards of governance

2020 will see a development in the standards governing the flow of money to match the increased globalisation of payment processing, according to Deloitte.