Industry News

After a decade as the CEO of Bacs Payment Schemes Limited (the operator of the UK’s largest retail payment system) Mike Chambers has joined Eazy Collect Services Limited. Eazy Collect

By Irina Mnohoghitnei, Simon Scorer, Khushali Shingala and Oliver Thew of the Fintech Hub. The UK economy is becoming increasingly digital with high levels of smartphone and internet penetration, a

These days, it would be difficult to find even one industry untouched by the digital age. In the payments industry, for example, we see new developments and technologies being launched

Paybase hosted their biggest #Paybaseworkshop yet on March 26th! The event offered #Onlinemarketplaces and #gigeconomy, #sharingeconomy platforms the chance to pitch their business to a panel of #VC professionals (from

Visa Everywhere Initiative: Women’s Global Edition focuses on providing women entrepreneurs with a platform to showcase their ground-breaking solutions SAN FRANCISCO–(BUSINESS WIRE)– Calling all women entrepreneurs! In celebration of International

In the “old days” – the days of magnetic stripe cards – we proved that we were the owners of our cards with a handwritten signature at the point of

Paybase published its latest blog on how #payments work for #platformbusinesses and how to choose the most #suitable #paymentsoption for your business. Take a look here.  

The UK retail landscape is constantly changing and ever challenging. Rising costs and shifting consumer preferences have led to unexpected and ongoing casualties in the UK retail space. Retailers, who

The go-live date for the revised Payment Services Directive (PSD2) strong customer authentication (SCA) requirement is 14 September. Put another way, we’re at five minutes to the stroke of midnight

Paybase CEO Anna Tsyupko featured in the Currencycloud eBook on why ‘Balance Is Better’ in business. Read her thoughts on female talent in FinTech here.

There’s an opportunity to improve the understanding and knowledge of financial protection offered by e-money institutions, according to Myles Stephenson, CEO at Modulr, Myles explained how e-money and payment institutions

In an effort to capitalize on increased levels of user trust and engagement, the last three to four years have seen social media giants, such as Facebook, and Snapchat, actively

Darren Deal from MasterCard joins Robert and Suresh for episode 6 of Fintech Unplugged, Series 5. Darren talks about what life was like when prepaid cards were introduced, if we

Mastercard continues its spending spree, agreeing to buy Ethoca, a firm that helps merchants and card issuers collaborate in real-time to identify and resolve fraud in digital commerce. Financial terms

Demand from young consumers for quicker decisions regarding their finances mean that banks are relying increasingly on modern data-processing techniques to enable real-time empowerment. Read more here.

To increase velocity for deploying predictive models, FICO and Equifax are introducing the Data Decisions Cloud. The new Data Decisions Cloud is an end-to-end data and analytics suite that addresses key needs across risk, marketing, and

Moorwand, an international payments company offering issuing and acquiring solutions, has selected ClearBank® as its strategic agency banker. Moorwand will leverage ClearBank®’s ‘Banking as a Service’ offering to access a

The new VAT gift voucher changes, implemented at the start of the new year, will cause many businesses to re-evaluate whether vouchers are worth the extra cost and complication for

fscom is proud to announce a refresh of its brand identity. The initiative reflects the firm’s recent changes in its headquarters move to state of the art offices in Belfast’s

When opening new online accounts, fraud professionals must protect their organization from fraud and keep legitimate customers happy. Application fraud controls must be strong enough to prevent significant losses, but

We have spent a lot of time talking with clients and other friends about what will be the deciding factors in whether consumers will enter into long-term relationships with new

In my previous blog, I outlined the basic requirements of the new obligation, brought in under PSD2 (the second Payment Services Directive), for all payment service providers to apply strong customer

HIGHLIGHTS: In a new FICO survey, 21 percent of car buyers said they got their auto loan online, up from 15 percent last year 37 percent plan to find their

The Department for International Trade (DIT) teams at the British Embassy in Madrid and the British Embassy in Lisbon are organising a UK Fintech Mission to Spain and Portugal in

Highlights: Santander Bank Polska used FICO® Customer Communication Services to automate its collections communications This has resulted in a 160 percent uplift in automated arrears resolution, with 25 percent of

The blockchain startup Exscudo is planning to issue a debit card promising to deliver financial tools that no other banking product in Europe can match even remotely! By reengineering how

Highlights: DataIQ has named FICO’s Marta Czerep to the DataIQ 100, a list of the most influential business leaders in UK data-driven organisations Czerep specialises in predictive analytics and optimisation

More information here.

Highlights: Registration is open for FICO® World 2019, November 4-7 in New York. Early bird rates are available until May 1, and the first 100 registrations for the conference get

1st April, 2019 – Manama, Kingdom of Bahrain: Khaleeji Commercial Bank (KHCB), one of the leading Islamic banks in Bahrain, recently announced that it has partnered with Token.io as part

Ask any executive in any conference room: Do you have a digital transformation strategy? You will hear a confident, unequivocal “yes” every time. Catch that same executive in an unguarded

London, 01 April 2019 – PIF, the not-for-profit industry body representing the prepaid fintech sector, has today announced its latest appointments to the PIF Board of Directors. Brian Lawlor, Director

Paybase presented at the Women in Payments Unicorn Challenge on March 28th! Lot’s of inspiring companies – congratulations to winners VeeLoop! #WiPSymposium More information here.

For the second year running Paybase is featured in Techworld’s top FinTech startups in the UK – hard work pays off! More information here.

Global payments provider Visa has teamed up with EMQ for cross-border remittances, it has been announced at Money2020 Asia today (Wednesday). The partnership will provide cross-border solutions in Hong Kong

Paybase CEO Anna Tsyupko spoke at the The Payments Association – PAY360 Conference as part of the panel ‘Diversity in Paytech’ discussion! More information here.

This new collaboration will allow PayActiv to give its participants the option to receive funds on their Visa card in real-time 1 via Visa Direct SAN FRANCISCO–(BUSINESS WIRE)– Today, Visa (NYSE: V)

Answer Digital have made it into the top 10 of Megabuyte’s Emerging Stars 2019 list. Answer were second in their category of ICT consulting, and were named in the list for

Token to deliver PSD2 RTS compliance and integrate account aggregation and bank direct payments solutions as part of a strategic partnership with Tandem Bank 25 March 2019 – Turnkey open

Speaking before the release of a major independent report which found more than eight million UK adults would struggle to cope in a cashless society, Imran Ali, Head of Payments at digital

Read the full story on Financial IT (see page 9): https://financialit.net/magazines/money_2020_asia/27917