Project Regulator commends the Payment Systems Regulator’s decision to postpone the deadline for implementing Confirmation of Payee. Project Regulator had previously responded to the PSR’s consultation on the general direction
Project Transaction Insights launched a survey on the on authentication and authorisation strategies being adopted by issuers. This research, which will be developed into an upcoming whitepaper, covers areas that
Project Women in PayTech has published a review statement on how the project has created a platform to enable and support gender balance and professional development within the payments industry
By Anne Pieckielon, Project Lead of Women in PayTech Background The Payments Association AGM gave me an opportunity to reflect on what the Women in PayTech (WiP) initiative has achieved
On the 17 April, the FCA released its Business Plan for 2019 / 20, in which it sets out its high-level priorities for regulating the financial services industry over the
Entersekt, an innovator of mobile-first fintech solutions, today announced plans to expand its operations with the opening of a second office in the Western Cape. The office will open its
One decade draws to a close, the next one looms. Only a few months into 2019, the year is already shaping up to offer a bit of a watershed in
The way consumers spend, receive and save money has changed so drastically over the past decade that legacy banks are struggling to keep up. Things are moving at such a
Listen to the podcast here.
Consumers’ preferences are undeniably shifting digitally when it comes to banking and financial services. According to a recent study by Citibank, 31 percent of consumers use their mobile banking app more
We’ve been using codes and ciphers for thousands of years to protect secrets. A clay tablet from Mesopotamia (dated 1500 BC), for example, encrypted a craftsman’s recipe for pottery glaze.
Unlike men (according to Thomas Jefferson), all banking apps were not created equal. There is a huge variety of apps (and banks) to choose from; some have a wide range
The Huntswood Payments team was recently commissioned by the The Payments Association to write a white paper on the subject of financial crime. The resulting work provided a number of recommendations
Compass Plus is celebrating moving into its new Moscow office and being nominated for the most prestigious office interior design award in Russia: The Best Office Awards 2019 recognises the
The results of recent research by Smart Money People into UK consumers’ banking preferences revealed an increasing preference for app-based banking over all other channels: online, in-branch and telephone banking.
The Middle East and Africa is often reported as having one of the smallest payments markets in the world in terms of available services. Despite this, it is extremely fast-paced.
Expanded network of 6 offices worldwide is ideal for international payments companies and professionals seeking payments job opportunities overseas Headcount Recruitment’s new network of 6 offices worldwide will give payments
The payments industry’s exposure to regulation is significant. Major new regulation 2018-19 has drawn the industry’s focus, and a significant portion of its talent bandwidth. So what’s been the knock-on
36% rise in sales volume in 2018 & 31% lift in revenue 130,000 merchants, with 25,000 new added globally and 26 million new consumers in 2018 UK sees strong growth
Open banking platform provider increases presence in Eastern Europe, enables Sberbank to look beyond regulatory compliance to value-added services 29 April 2019 – Turnkey open banking platform provider, Token.io, today
Integrating Token’s universal open banking API gives Omnio and its financial institution customers access to open banking services and PSD2 compliance 25 April 2019 – Omnio Group, a leading global fintech,
More information here.
Preventing financial crime is something all e-commerce firms need to be mindful of in today’s world. However, due to the way marketplaces operate, certain financial crime is particularly applicable to
CryptoGlobe spoke to up-and-coming payments solution company Paybase about their platform, crypto regulation and their exciting vision for the future. Paybase is the most flexible solution for payments, compliance and risk.
JP Morgan’s expansion of its blockchain-based interbank payments project signals that major banks are stealing a march on disruptors and startups by providing working systems developed on distributed ledger technology,
Facebook is constantly making headlines for its increasing revenues or its misuse of data – even if those stories don’t add up. Now its dividing opinions once again. Internal emails
Dawn raids by the UK’s financial watchdog are at their highest level in almost a decade as the Financial Conduct Authority carries out more investigations than ever before and tries
Financial services regulatory consultancy Fscom said one of the drivers of the jump in raids was likely to be an FCA crackdown on unregulated investments. FCA raids are searches of
The UK’s financial watchdog almost doubled the number of police raids it carried out on City companies in 2018, according to a consultancy, which put the jump down to a crackdown
Payescape Managing Director, John Borland talks about his recent experience of applying to become an authorised payment institution (API) with the Financial Conduct Authority (FCA). Tell me about your company.
Whether you want to enhance your compliance skills, refresh your knowledge, or network with those doing the same job as you, fscom’s Regbites are for you! Next in the 2019
Safeguarding is both a simple and important concept. Every payment and e-money institution that I have ever worked with wants to protect their customers’ funds and make sure that, if
Earlier this month we launched our brand-new website! You’ll see a new look and feel as well as new pages and content. We’ll adding many more new features and information
Get to know the people behind W2. Find out six of the favourite things of our Head of Account Management, Richard Evans. Read more here.
With the banks’ monopoly over customer account information having been overturned by PSD2 and Open Banking, it was expected that 2018 would be a revolutionary year for banking – but
With the banks’ monopoly over customer account information having been overturned by PSD2 and Open Banking, it was expected that 2018 would be a revolutionary year for banking – but
Miles & More has partnered with payments companies Affiniture Cards Ltd and Cornèrcard UK to launch a loyalty programme for British travellers. Miles & More offers Global Traveller Cards in
Competitive pressures and the drive to increase sales are motivating small merchants in the food and accommodations markets to adopt the next generation of acquiring services, according to the new
As a component of the Payments Service Directive 2 (PSD2) legislation, that was introduced in January 2018, the security measures that are outlined in the Regulatory Technical Standards come into
The announcement comes following Klarna’s 2018 figures which highlighted in-store as a significant area of growth for 2019 Retail Expo, London, 1 May 2019 — Global payments provider Klarna has
North West based, plastic card manufacturer, Nitecrest Group, are pioneering new Biometrics technology creating some of the first wave of fingerprint activated payment cards. The Group manufactures banking and payment
Payment innovation will take center stage in Malta in May with the central theme: Payments in the Blockchain Era. QUBE EVENTS is host to the International The 7th Nextgen Payments
This Framework, called FWA – RM6118, will aim to replace the current “Merchant Acquiring Services, Equipment and Payment Gateway Services” Framework Agreement. The scope of the new CCS Payment Acceptance
We’re excited to announce a trial with Post Office that we believe will have a positive impact for many newly arrived persons in the UK – in particular, members of
ECOMMBX has announced its official registration as an Account Information Service Provider (AISP) on the EBA Payment Institutions Register. The milestone marks the first-ever Cyprus Electronic Money Institution to be
ECOMMBX, along with ECOMMPAY; group of Fintech companies, team up with a strong four-member crew: Team Arrow. This sponsorship has won the Cyprus finals and qualified for the F1 in
Listen to the podcast here.
