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.
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 is spurning overtures from JP Morgan to carve out a £9.1 billion deal with US card technology group Vantiv.
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.
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 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.
Shares in payment processors Worldpay and Nets have surged amid widespread market chatter of takeover talks with third party suitors.
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.
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’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.
© Finextra Research 2017