The Bank of England mishandled the breakdown of its electronic payments system in October, an independent report has said. read more ..
Monitise is stepping back from the auction block and letting go of co-CEO Alistair Lukies after failing to find the right buyer. read more ..
Buried in the Chancellor’s budget breakdown were some compelling references to the future of digital currencies in the UK. read more ..
US-based Global Payments has picked up Irish payment technology company Realex payments in a deal worth €115 million.
The Barclays Accelerator will support cutting edge encryption technology for cyber security, a new bond marketplace and a Bitcoin company, along with seven other breakthrough startups.
PayPal is to cough up $7.7m in fines after a US investigation found that it processed hundreds of illegal transactions involving blacklisted countries and individuals linked to terrorism.
MasterCard is to roll out a new MPOS device project to help micro, small and medium-sized businesses in Nigeria accept digital payments.
The arrival of digital banking apps and the Faster Payment System are making it easier for customers to move their money. But this could make banks more vulnerable to a run on deposits, financial institutions and regulators have agreed.
Thanks to a transfer error, a NatWest banking customer from Barnsley found an unexpected £1 million in his savings this week – but chose to give it back.
A new partnership between Western Union and mass payment platform Hyperwallet will seek to ease the cross-border transaction process for B2C customers.
Forget UberLUX: users of the taxi booking and payment app in Singapore can now book a Lamborghini or Maserati to pick them up in serious style.
Square opening up its Cash service to businesses and making it easier for people to make direct payments for services with a new tagging feature.
The days of coasting are over for the banking sector as payments innovations and technologies rapidly gain traction.
Technology companies that offer financial services should see the same regulation as banks, the British Bankers Association said on Tuesday, in a move to protect consumers.
Santander has appointed Tee Pruitt investment manager of Santander’s InnoVentures Fund, which invests in FinTech companies worldwide.
The FinTech Innovation Awards saw 18 companies win top gong for their contribution to a rapidly growing industry. Here some of our winners share their success stories and expectations for the future.
Apple is rumoured to have finally struck a deal with China UnionPay that will see a Chinese version of Apple Pay roll out in April.
Razorpay is only the second Indian company to be selected for mentoring by Y Combinator, which has made a $120,000 investment in the payments startup as part of its three month accelerator programme in Silicon Valley.