25 September 2017
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Latest payments news

Former Bank of England exec Hogg to lead Visa Europe

Former Bank of England exec Hogg to lead Visa Europe

08 September 2017  |  9366 views  |  0 comments | 5 tweets | 8 linkedin

Visa has appointed former Bank of England deputy governor and chief operating officer Charlotte Hogg as the new head of its European operations.

The B2B business case: Driving revenues from real-time payments

The B2B business case: Driving revenues from real-time payments

08 September 2017  |  7311 views  |  0 comments | 7 tweets | 11 linkedin

As America's shift towards real-time payments gathers momentum, Finextra and ACI Worldwide are hosting two roundtable discussions on the issue, bringing together experts to investigate the business case of faster payments.

Square applies for bank status

Square applies for bank status

07 September 2017  |  16782 views  |  4 comments | 40 tweets | 32 linkedin

Square, the fintech startup headed by Twitter founder Jack Dorsey, has made an official application in the US for a banking license, ending months of speculation about its plans but also reigniting the argument about the use of industrial loans charters (ILCs).

ECB and Bank of Japan conclude DLT not ready for RTGS systems

ECB and Bank of Japan conclude DLT not ready for RTGS systems

07 September 2017  |  11487 views  |  0 comments | 11 tweets | 15 linkedin

Distributed ledger technology is not mature enough for large-scale applications like real-time gross settlement (RTGS) systems, the Bank of Japan and European Central Bank have concluded.

Three years on from Apple Pay launch, mobile wallets gain momentum

Three years on from Apple Pay launch, mobile wallets gain momentum

05 September 2017  |  11273 views  |  4 comments | 19 tweets | 25 linkedin

On the eve of the third anniversary of the launch of Apple Pay, mobile wallet adoption in the US and Europe is gaining traction, but Asia and Latin America continue to lead the way, according to a new report from ACI Worldwide and Aite.

Cryptocurrency transactions to exceed $1trn by year-end: report

Cryptocurrency transactions to exceed $1trn by year-end: report

05 September 2017  |  17687 views  |  0 comments | 24 tweets | 21 linkedin

A new report has forecast that the value of cryptocurrency transactions will surpass the $1 trillion milestone before the end of 2017.

Alipay 'Smile to Pay' tech comes to Chinese KFC

Alipay 'Smile to Pay' tech comes to Chinese KFC

04 September 2017  |  9887 views  |  0 comments | 15 tweets | 18 linkedin

KFC has rolled out Alipay's facial recognition technology at a restaurant in the Chinese city of Hangzhou, enabling hungry patrons to pay for their chicken with a smile and their mobile phone number.

JPMorgan criticised over mobile app patent award

JPMorgan criticised over mobile app patent award

01 September 2017  |  12044 views  |  1 comments | 11 tweets | 5 linkedin

JPMorgan Chase, the biggest bank in the US, has been awarded a patent for the technology that allows mobile applications that talk to each other, attracting criticism from the tech and intellectual property community that believe the process is so commonplace in today's smartphones that no single company, least of all a bank, can lay claim to the patent.

Danish payments processor Nets close to $5bn buyout

Danish payments processor Nets close to $5bn buyout

01 September 2017  |  13507 views  |  0 comments

Nets, the largest payments processor in Scandinavia, is rumoured to be close to a private equity buy-out that would value the company at more than $5bn, according to a report from the Financial Times.

Firms still struggling with PCI DSS compliance

Firms still struggling with PCI DSS compliance

01 September 2017  |  15915 views  |  8 comments | 16 tweets | 28 linkedin

Despite the wave of costly data breaches over the last few years, nearly half of global firms that accept plastic are still failing to meet Payment Cards Industry (PCI) security standards, according to a report from Verizon.

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