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Volt announces launch of its agnostic Open Banking payments platform

Volt will enable access to more than 4,000 European banks through its single API and is the first platform of its kind built from first principles.

Ant Financial launches distributed core banking platform

Ant Financial, Alibaba’s financial arm, partners with Jiangsu-based Hoperun Information Technology to launch a next-generation banking product.

Leading Chilean processor and OpenWay to power Banco Consorcio’s credit card business

Banco Consorcio has successfully launched a credit card business with Nexus, the major processor in Chile. The Nexus platform is built on WAY4, a top-ranked digital payments software provided by OpenWay.

Infographic - Mobile Payment Development

Do you know how mobile payment is changing the world? We present this infographic by summarizing some key developments.

SPS introduces anti-skimming function to reassure contactless payment cardholders

Smart Packaging Solutions (SPS) introduces Press & Pay, a patented, original and validated solution for financial institutions.

NCR showcases banking’s most complete solutions at Money 20/20 Asia 2019

NCR Corporation showcases its latest range of digital transformation solutions at Money 20/20 Asia, 2019 that create connected experiences and improve end-to-end efficiency for financial institutions.

Apple Pay and Google Pay enabled on Worldline payment terminals in Germany

Worldline now supports the modern mobile payment solutions Apple Pay and Google Pay on its payment terminals which allows users to pay easily via smartphone or smartwatch.

PayPal lets users instantly transfer funds to bank accounts

PayPal is rolling out an Instant Transfer feature in the US, allowing consumers, and soon businesses, to instantly move money via the service into their bank accounts.

China's Ant Financial in 'advanced talks' to buy UK fintech firm World First

China's Ant Financial is in 'advanced talks' to buy London-based currency exchange World First for $700m (£550m). The takeover could be completed in a matter of weeks, making it the most significant acquisition of a UK-based fintech firm by a Chinese financial services company.

Visa and SiriusXM team up to fast track the future of in-vehicle commerce

SiriusXM to enable Visa account holders to pay for coffee, gas, parking, movie tickets and more in-vehicle. The first collaboration between the world's leader in digital payments and the broadly adopted connected vehicle services provider in North America.

Alipay awarded e-money licence in Luxembourg

Alipay, the mobile payment arm of Chinese behemoth Alibaba, has been granted an e-money licence in Luxembourg. Boasting more than a billion users worldwide, Alipay already holds a licence issued by the UK's Financial Conduct Authority.

Mastercard tops Visa's offer to buy British payments firm Earthport

Mastercard Inc made a 233 million pound ($305 million) bid to take over payments firm Earthport Plc on Friday, as it looks to head off rival Visa Inc’s attempts to buy the British company. .

Visa and Mastercard are preparing to increase fees for processing transactions

Visa and Mastercard, the two biggest U.S. card networks, are preparing to raise certain fees levied on U.S. merchants for processing transactions from this April, the Wall Street Journal reported on Friday, citing people familiar with the matter.

AsiaPay participates in EMVCo

Global technical body EMVCo has announced AsiaPay as their newly joint associate to accelerate payment technology innovation.

TransferTo announces rebrand with the creation of two market defining companies: DT One and Thunes

TransferTo, a cross-border mobile top-ups and payment solutions network provider has announced a full rebrand, with two separate company brands, logos and identities.

Card spending tipped to double as contactless becomes the norm

Global card expenditure is tipped to almost double over the next four years as surging growth in contactless payments continues.

Mastercard selects Token.io as a partner for its new open banking hub

Token provides pan-European access to banks, exceptional UX, enhanced security and richer functionality for businesses and consumers.

Google receives e-money license from Bank of Lithuania

Google Payment Lithuania UAB has just received an Electronic Money Institution license from the Bank of Lithuania.

Shieldpay agrees partnership with Visa to enable secure use of payment cards on P2P marketplaces

London based fintech Shieldpay has agreed a partnership with Visa to deliver secure card payments across peer to peer marketplaces and classified ad sites.

The Big Issue trials contactless payments for magazine sellers amid decline in people carrying cash

The Big Issue, in collaboration with iZettle is launching trials to allow its magazine sellers to accept payments with contactless technology.