26 July 2017
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Latest payments news

Twenty eight global banks to test Swift blockchain application

Twenty eight global banks to test Swift blockchain application

06 July 2017  |  20829 views  |  0 comments | 36 tweets | 72 linkedin

Interbank messaging network Swift says that 22 additional global banks have joined its blockchain proof of concept (PoC), designed to validate whether the technology can help banks reconcile their international nostro accounts in real time.

Mobile payments taking off for contactless commuting

Mobile payments taking off for contactless commuting

06 July 2017  |  10656 views  |  1 comments | 22 tweets | 20 linkedin

Long viewed as a gateway to mainstream acceptance of contactless cards, the London transport network appears to be providing a similar uplift for the mobile payments market, with one-in-ten contactless journeys on London's buses and tubes now paid for by the likes of Apple Pay and Samsung Pay.

Worldpay and Vantiv agree £9.1 billion merger

Worldpay and Vantiv agree £9.1 billion merger

05 July 2017  |  9028 views  |  1 comments | 17 tweets | 21 linkedin

Worldpay is spurning overtures from JP Morgan to carve out a £9.1 billion deal with US card technology group Vantiv.

Open Banking releases payments initiation API for UK bank data sharing

Open Banking releases payments initiation API for UK bank data sharing

05 July 2017  |  13235 views  |  0 comments | 34 tweets | 30 linkedin

Open Banking, the UK bank-funded entity mandated by the Competition and Markets Authority to provide new ways for customers to share their financial data with non-bank providers, has released an API specification for accounts and transaction information and payments initiation.

SAP Financial Services Forum, London - Day 2 live blog

SAP Financial Services Forum, London - Day 2 live blog

05 July 2017  |  11201 views  |  0 comments | 1 tweets | 4 linkedin

Welcome to Finextra's live coverage from Day 2 of the SAP Financial Services Forum in London. The theme for this event is 'winning in the digital moment'. The agenda will examine how technologies such as AI, machine learning, analytics, blockchain, open APIs and the cloud can be best leveraged to deliver truly digitised financial services.

Nordea begins API pilots

Nordea begins API pilots

04 July 2017  |  9014 views  |  0 comments | 14 tweets | 14 linkedin

Nordea has picked through the hundreds of developers to have expressed interest in its new Open Banking programme to find a select few who will now pilot an account information service (AIS) API.

Worldpay and Nets shares spike on takeover talks

Worldpay and Nets shares spike on takeover talks

04 July 2017  |  6048 views  |  0 comments | 5 tweets | 4 linkedin

Shares in payment processors Worldpay and Nets have surged amid widespread market chatter of takeover talks with third party suitors.

Tide raises $14 million for small business banking service

Tide raises $14 million for small business banking service

04 July 2017  |  6518 views  |  0 comments | 11 tweets | 2 linkedin

Tide, a UK-based mobile-first SME banking service, has raised $14m in one of the largest Series A investment rounds closed by a fintech company this year.

Curve promises card users 'financial time travel'

Curve promises card users 'financial time travel'

04 July 2017  |  7673 views  |  2 comments | 8 tweets | 4 linkedin

London-based payments startup Curve claims to have cracked time travel, or at least found a way to let customers switch the card used for a transaction - after the purchase is made.

Finextra charts the new payments landscape

Finextra charts the new payments landscape

04 July 2017  |  12649 views  |  0 comments | 16 tweets | 13 linkedin

Finextra’s European Payments Industry Insights Report tackles key questions about how ready Europe’s payments market participants really are for the unprecedented waves of change about to hit.

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