26 July 2017
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Latest payments news

ABN Amro tests wearable tech for contactless payments

ABN Amro tests wearable tech for contactless payments

23 June 2017  |  11332 views  |  0 comments | 11 tweets | 10 linkedin

ABN Amro is undertaking tests of wearable technology to make contactless payments, with the aim of rolling out its first card-free tap-and-pay product to customers by the end of the year.

In-app payment messaging startup PayKey raises $6 million

In-app payment messaging startup PayKey raises $6 million

23 June 2017  |  8356 views  |  0 comments | 11 tweets | 4 linkedin

Fresh from a stint at the Fintech Pavillion at this year's EBAday in Dublin, social payments startup PayKey reports that it has secured more than half of its second- round funding target of $10 million.

ECB preps eurozone-wide instant payments service

ECB preps eurozone-wide instant payments service

22 June 2017  |  10467 views  |  0 comments | 20 tweets | 38 linkedin

The European Central Bank has outlined plans to build an instant payment settlement system that will let people and businesses send money anywhere in the euro area within seconds.

Danish m-payments scheme adds lock-screen payments and Touch ID

Danish m-payments scheme adds lock-screen payments and Touch ID

22 June 2017  |  6152 views  |  0 comments

Users of the Dankort app and mobile wallets from more than 60 Danish banks can now tap-and-go for low value payments with their phones.

Asia still top dog for payments innovation but Europe gaining ground

Asia still top dog for payments innovation but Europe gaining ground

22 June 2017  |  8597 views  |  0 comments | 10 tweets | 9 linkedin

Asia remains home to most payments innovation but Europe is making a charge, leapfrogging Africa, North America and Latin America, according to a survey of industry execs which also calls out distributed ledger technology as over-hyped.

EBA Clearing preps revamp of Euro1 high-value payment system

EBA Clearing preps revamp of Euro1 high-value payment system

21 June 2017  |  6839 views  |  0 comments | 4 tweets | 5 linkedin

With its new real-time payment platform set to go live in the next few months, EBA Clearing is turning its attention to Euro1, kicking off an investigation into how the flagship single euro payment system should be positioned in the rapidly-evolving landscape.

Visa launches $100,000 fintech challenge for Middle East and North Africa

Visa launches $100,000 fintech challenge for Middle East and North Africa

21 June 2017  |  5524 views  |  0 comments | 8 tweets | 2 linkedin

Visa has announced that its Everywhere Initiative, an innovation program designed to encourage the development of the “next big thing” in payments, will expand into the Middle East and North Africa (MENA) region.

Bank API platform TrueLayer secures $3m series A funding

Bank API platform TrueLayer secures $3m series A funding

21 June 2017  |  6511 views  |  0 comments | 4 tweets | 5 linkedin

UK startup TrueLayer, a fintech developer platform that provides access to bank APIs, has secured $3 million in series A funding to pursue opportunities created by PSD2.

Swift offers €200,000 for two fintechs to leverage gpi platform

Swift offers €200,000 for two fintechs to leverage gpi platform

21 June 2017  |  7313 views  |  0 comments | 5 tweets

Swift has launched an Industry Challenge to find two winning fintechs who will be granted €100,000 to further develop new overlay services that leverage its Swift global payments innovation (gpi) platform.

Live: EBAday 2017, day two

Live: EBAday 2017, day two

21 June 2017  |  17117 views  |  0 comments | 4 tweets | 5 linkedin

Payments professionals from across Europe are gathering in Dublin this week for EBAday 2017, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

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