25 September 2017
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Latest payments news

PSF lays down blueprint for new UK payments architecture

PSF lays down blueprint for new UK payments architecture

28 July 2017  |  11512 views  |  0 comments | 6 tweets | 7 linkedin

The UK's Payment Strategy Forum has delivered a blueprint for the future of the nation's payment system, setting out design and implementation approaches for the construction of a new 'National Payments Architecture'.

Cards overtake cash for consumer payments in Australia

Cards overtake cash for consumer payments in Australia

27 July 2017  |  14768 views  |  2 comments | 19 tweets | 28 linkedin

Cards have overtaken cash as the primary method for consumer payments in Australia, according to data released by the country's central bank.

Visa invests in card issuing outfit Marqeta

Visa invests in card issuing outfit Marqeta

26 July 2017  |  11636 views  |  0 comments | 6 tweets | 11 linkedin

Visa has made a strategic investment in Marqeta as part of a wider multi-year global partnership with the open API card issuing and processing platform.

UniCredit confirms data breach

UniCredit confirms data breach

26 July 2017  |  14537 views  |  0 comments | 12 tweets | 18 linkedin

Italy's UniCredit says personal financial data of some 400,000 customers who took out loans through the bank have been hijacked by unauthorised third parties.

Ant Financial targets Malaysia through CIMB JV

Ant Financial targets Malaysia through CIMB JV

26 July 2017  |  7630 views  |  0 comments | 4 tweets | 4 linkedin

China's Ant Financial is making a move on the Malaysian market, forming a mobile wallet joint venture with a subsidiary of local bank CIMB.

Wordline acquires First Data Baltics

Wordline acquires First Data Baltics

26 July 2017  |  9516 views  |  0 comments | 3 tweets | 10 linkedin

European payments processor Worldline is to make its second acquisition in as many weeks, taking over 100% of the share capital of First Data Baltics for EUR73 million in cash.

Commission takes aim at EU-wide currency exchange costs

Commission takes aim at EU-wide currency exchange costs

25 July 2017  |  7817 views  |  0 comments | 12 tweets | 17 linkedin

The European Commission is planning a crackdown on the high costs associated with cross-border currency transfers in and out of the euro.

UniCredit among 30 banks to begin testing instant payments

UniCredit among 30 banks to begin testing instant payments

25 July 2017  |  12932 views  |  0 comments | 3 tweets | 10 linkedin

UniCredit is preparing for the roll out of instant payment services to customers in Italy and Germany as it commences testing of EBA Clearing's RT1 real-time platform.

US firm to implant employees with RFID chips

US firm to implant employees with RFID chips

25 July 2017  |  13298 views  |  16 comments | 34 tweets | 39 linkedin

An American company is inviting employees to get RFID chips that can be used to buy food in the office break room implanted in their hands.

Dutch university turns to ABN Amro app to get students to pay tuition fees

Dutch university turns to ABN Amro app to get students to pay tuition fees

24 July 2017  |  6846 views  |  0 comments | 3 tweets | 7 linkedin

In a bid to encourage tardy students to pay their tuition fees on time, Dutch institution Groningen University is set to start sending payments requests over ABN Amro's Tikkie app.

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