Be recognised as an industry leader at the most important payments awards – The PAY360 Awards. Nominations are now open for 2023 awards. You have until 17 February to submit your entry.
The Payments Association’s Project Regulator working group will continue to engage with the FCA in 2023 to ensure members can thrive in the UK payments market.
Many firms still haven’t had the opportunity to drill down on the implications that the Consumer Duty has on their business. A recent webinar outlines the key steps to take.
Project Inclusion, led by Josh Berle of Mastercard, showcased the best fintechs offering sustainable and inclusive payments products in 2022 to energise the industry towards better practices. The team engaged
Santander is calling for more to be done to combat fraud because the PSR’s mandatory reimbursement plans for APP scam victims will be an unsustainable cost for banks and schemes.
Virtual cards used for B2B transactions can offer tailored payment solutions for customers, while suppliers could gain instant payments and enhanced data, according to several firms using the payment method for B2B transactions.
Chargebacks911’s release of its proprietary chargeback guide for businesses and financial institutions comes just after online spending on Black Friday reached $9.12 billion in 2022. According to a report from
allpay and Payzone are passionate about giving cash users easy and accessible platforms to achieve their financial obligations. It’s been six months since allpay Limited partnered up with Payzone, a
Issued by ARYZE (BVI) Ltd, ARYZE Digital Cash will provide individuals and businesses with a means of exchange as instantly available…
KYP and RiskRecon, a Mastercard Company today announced they have entered into a global strategic partnership, combining KYP’s industry leading third- party continuous monitoring risk intelligence platform with RiskRecon’s world
GoHenry, the prepaid card and financial education app for 6-18-year-olds, and Visa, a world leader in digital payments, today announced a new seven-year global partnership that will see Visa become
Fintech startups popularised products that have revolutionised the way we spend, save and invest. They raised the bar of consumer expectation, challenging banks to revamp their apps, add more functionality, and
In just a few years, open banking laws have gone global. Scores of countries around the world have followed the European Union’s lead by creating their own version of open
The indie rock bank Arcade Fire have a song on their “Neon Bible” album titled “Intervention”. The song begins with crashing chords on a church organ, building up an ominous
Banking-as-a-Service provider Contis has completed a significant step in becoming further integrated within the Solaris Group, with the Contis brand being retired. The Solaris partnership was introduced in early 2022
With pressure from investors, customers and employees, financial institutions need to boost their ESG efforts or risk losing business. But meeting these lofty goals isn’t always easy. That’s where business
Adapt to the changing payments landscape with virtualized testing, now available on an SaaS basis Open Test Solutions – Open Test Solutions | FIS (fisglobal.com)
Enfuce was selected over Fiserv, Giesecke+Devrient, Vesta Corporation and Wallet Factory to win the coveted category at The FF Awards Win recognises the company for its fully cloud-based Cards as
The FCA is seeking views on the potential competition impacts of Big Tech firms entering and expanding into the retail financial services sector. The Payments Association will be responding to
Not all banking customers are tech-savvy. Many are not proficient in identifying common attacks, unintentionally creating opportunities for fraudsters to target these vulnerable customer bases. What’s more, institutions deploying different
Mobile wallets: taking the headache away from embedded payments cards Cited as one of the top 5 payment trends to watch for 2023, digital wallet adoption is set to grow even further
The Kingdom of Sweden expands across much of the Scandinavian Peninsula and is one of the largest countries in the European Union by land mass. But what do you know
Chargebacks in travel are up 50% compared to 2019 due to increase in travel disruption caused by COVID-19 Fully outsourced service automates chargeback management using Amadeus’ rich travel and payment
Despite Open Banking being quite a recent addition to the fintech industry, its market is already full with a diversified number of providers. In such a situation, merchants do not
Over the past two years, companies began to challenge their reliance on the legacy systems they were supposedly tied to and wondered how they could improve their daily processes. Research
As if AML compliance professionals’ jobs weren’t hard enough already! With criminals using multi-customer, cross-wallet payments to move funds and keep their money mule schemes hidden, it’s little wonder cryptocurrency
Fraud has become the most commonly experienced crime in England and Wales, and Fintech companies are working hard to develop solutions which help to reduce the number of victims. UK-based
Fintech infrastructure provider, Integrated Finance has announced the launch of its ‘Fintech Foundation’ incubator. The new programme will be supported by experts from leading banking service providers across the value
Open Banking provider Noda has launched direct bank payments in Europe, following a partnership with Open Banking payments platform Token, according to the press release. Noda enables merchants to receive
November kicks us off with Singles Day, followed by Thanksgiving, Black Friday, and Cyber Monday. Not to mention the continual shopping rampages in the lead up to Christmas! Shopping reaches
A new classic: billions of instant and secure payments with no chargebacks 🚀 We are excited to see the payment industry constantly improving in order to be able to provide
London, November 22, 2022 – Today, BaaS (Banking as a Service) fintech Griffin announced that its sandbox environment has officially moved out of beta. Free, unlimited sandbox access is now available
Payment firms should be prepared for a higher cost of compliance when the Financial Services and Market Bill enters into force in 2023.
Payments firms have the potential to unlock transaction data to infer a lot about global ESG impacts and drive real change across environmental, social and governance goals. Carbon accountability is coming and companies need to choose a strategy.
Open Banking is predicted to grow to 304 million users by 2026. Merchants, payment service providers (PSPs) and consumers will all benefit from the lower fees, immediacy and increased convenience that Open Banking offers.
When it comes to supporting customers through the cost of living crisis, it seems the payments sector has faded into the background and innovation has stalled. Project Inclusion intends to turn that around.
Year in, and year out, people continue to wonder how long the crypto hype is going to continue. The volatility of the market and the crashes it has faced keep
Developments in technology and ease of use contribute to the growing popularity of contactless payments in all their forms. What does it mean for banks? Over 50% of Gen-Z and
The payments world is sprinting to comply with the ISO 20022 messaging standards. Beyond the compliance lies the transformational value that could be derived by utilising the rich message format.
What Happens If Your Digital ID is Stolen? A Viewpoint From Norway… Digital identity became a much hotter topic once the EU identity eWallet was introduced in the summer of 2021. While
In the era of digitalisation, corporations expect more than an instant transfer from country A to country B. Corporations’ treasury departments need better predictability, transparency, cost control and an easy
Embedded finance is the future of fintech innovation that will benefit all businesses and retailers seeking to remove common barriers to cryptocurrency access, offer various payment methods and enable a better customer experience.
Leading payment specialist allpay Limited has revealed the results of its latest consumer survey, providing insight into payment behaviours across UK household bills. To facilitate the research, allpay continued its
Memo Bank was the first French bank in 50 years to be licenced. With Jean-Daniel Guyot in the helm, and supported by Enfuce, Memo Bank built digital financial services and
London, November 10, 2022. Today, UK BaaS (Banking as a Service) fintech firm Griffin and global FS OS (Financial Services Operating System) 11:FS Foundry announced a new partnership to help businesses actualise the benefits of
The first metal payment card production facility in Europe has been opened by Thames Technology, one of Europe’s largest retail and financial card manufacturers, at its headquarters in Rayleigh, Essex.
Now that we have all had time to read the text of the proposal of the EU to mandate instant payments, and the commentaries on social media, do you feel
The digital revolution in payments has brought to the surface some of the acute challenges faced by the unbanked and financially excluded. But it’s not inevitable that a move to
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