Visa has appointed former Bank of England deputy governor and chief operating officer Charlotte Hogg as the new head of its European operations.
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, 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).
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.
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.
A new report has forecast that the value of cryptocurrency transactions will surpass the $1 trillion milestone before the end of 2017.
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 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.
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.
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.
© Finextra Research 2017