Industry News

On Tuesday June 18th, Facebook announced a new  blockchain-powered currency called Libra, a digital wallet called Calibra and a subsequent White Paper describing their purpose. In the White paper it starts off by stating,

40% of shoppers say just one bad experience would stop them returning to a brand 76% of retailers say they have to work harder than ever to retain customers But,

fire.com has today announced that it has been authorised as an e-money institution in the UK to provide a range of payment services, changing the way businesses pay and get

To master digital currency, Facebook will first need to master digital identity. And that, it appears, could be the Silicon Valley starlet’s true Libra masterplan. Read more here.

FinTechWales launched in April 2019 with the initial direction provided by Richard Theo, the HM Treasury’s FinTech Envoy for Wales. The idea behind FinTechWales is to provide an independent voice for the

On 18th June, we announced a $16.5m strategic investment from a pool of investors, including Opera Tech Ventures, the venture arm of BNP Paribas. Existing investors Octopus Ventures and EQT

Payments Canada is proposing to allow delayed transaction authorization to enable debit cards to be used in open-loop transit — and the change could affect far more than commuters. Read

Another successful face to face client workshop comes to an end. An opportunity to connect with a select number of our key clients your customers – not only were they

Samsung has struck a deal with Paisabazaar, an Indian online marketplace for financial products, to let people apply for things such as credit cards and loans through Samsung Pay. More

The concept of tokenization is not a new one in the payments industry. Solutions that replace sensitive data with a non-sensitive equivalent have been around for years in various forms.

TypingDNA partners with XTN Cognitive Security to help banking organizations defend against increasingly sophisticated fraud threats. Typing DNA proprietary typing biometrics technology will be integrated with our behavioural fraud prevention solution enabling passive recognition of users by

Fintech startup Curve raises $55M, valuing the company at a quarter of a billion dollars  In a record year for Fintech investments, Curve is now amongst the top 5 UK

The government is stepping up efforts to create a market for digital identity by launching a new dedicated unit and a strategy to ramp up adoption of its preferred identity standard within

If your CEO sends you an email asking you to make an urgent payment, would you be suspicious about it? Maybe not, but you should because the sender may not

Wirecard, the global innovation leader for digital financial technology, is once again pushing the boundaries of the shopping experience with its new prototype of a Smart Mirror, developed by Wirecard’s

Simon Laker and John Elliott at Consult Hyperion explain how, after more than a decade of trials and poorly-received launches, open-loop transit payments are now expected to gain significant traction

UK-based companies paying employees in other countries must navigate a complicated web of banking procedures, compliance processes and tax systems. There is no one-size-fits-all approach, warns EQGlobal’s Faaria Choudhary. Read

Klarna continues rapid global growth through latest partnership with fashion superpower Superdry, and world leading payment platform Adyen London, 18 July 2019 — British contemporary fashion brand Superdry and leading

Travellers using Manchester’s trams can now complete their journeys using contactless payment. Read more here.

We’re delighted to announce that Modulr has been shortlisted in the ‘Best Collaborative Initiative’ in the Payments Association Awards. This shortlisting follows our work with our partner Sage, for whom we powered

N26 is officially live in the US! Starting today, we’ll be sending invites via email to those of you on our waitlist to start using @N26US beta. Haven’t signed up yet? What

The clock is ticking on Strong Customer Authentication. Checkout.com recently hosted a seminar on SCA preparedness. Here’s a recap of the regulation and how Checkout.com can get you SCA-ready with

Driving Growth With Innovative Payments Processing To keep up with the advancing competition, alternative finance lenders must embrace payment innovation to drive growth, and this critical guide can help. Download here.

London, UK – 17 July 2019 – Bankable, the global architect of digital banking and payment solutions, is delighted to announce that 10 weeks following the beginning of its partnership with

Modulr’s Edwin Abl has some top tips about the best ways to get started on your automation journey and reap the benefits of digitisation in your practice There’s been a

The second annual PayTech Awards took place on 5 July 2019 at the Honourable Artillery Company (HAC), a unique historic venue in the heart of London Read more here.

As the alternative finance market develops and matures, competition is becoming increasingly fierce. With these challenging market conditions in mind, it’s critical that P2P lenders and crowdfunding platforms pursue the

Augmented Vision supports security officers in identifying persons of interest in real-time, and helps speed up post-event investigations. This latest cutting-edge technology from IDEMIA will enhance security in transport hubs (airports,

BigCommerce is now offering Klarna’s popular payment options overseas, enabling its European merchants to effectively compete and grow  July 3, 2019 — Today, Klarna, a leading global payments provider and

Pay.UK was formed in 2017 and has brought together Bacs, Faster Payments, Cheque and Credit Clearing and UK Payments Administration. Pay.UK owns, manages and operates the products and services that

Financial utility recognised for innovative contribution to emerging payments industry www.bankingcircle.com London, 3rd July 2019 – Banking Circle, the ground-breaking financial utility, has been named as a finalist in four

In a digital world, there is an expectation that services will be provided in real time. Instant payments facilitate the supply of goods and services, and are therefore vital to

Mastercard’s award-winning startup engagement program provides platform for Konsentus to scale up its Identity and Regulatory checking service UK 1st July 2019.  Konsentus has been chosen to join the latest

Payments processing giant Mastercard is launching a partnership with UK fintech Yoyo Wallet to help smooth the point of sale experience for users. Mastercard’s Pay by Bank app is powered

Technology is enabling customers to take control of their finances, that’s clear. However, I question whether customer service would be increasingly efficient if banks stopped taking an emotional role in

If the future of the UK increasingly looks cashless, then no one may be better placed to reap the rewards than MasterCard. Look at the bank cards of most of