A year after its first launch, Samsung Pay has revealed that in that time it has processed 100m unique transactions in seven countries. read more ..
Visa's contactless payment ring, worn by athletes at the Rio Olympics, is going on general sale. read more ..
Just as Visa is making the most of a popular sporting event, so too is MasterCard as the company has announced plans to introduce new payment technology to The Barclays gold tournament.
Nordea's second fintech accelerator will focus on themes such as artificial intelligence, blockchain and the sharing economy.
Canada-based Impression Ventures Fund has raised C$20m invest in early-stage financial technology companies emerging from Canadian technology companies.
In just under a year since the contactless spend limit was increased from £20 to £30, spending using the technology has increased by 173% by value and 112% by volume, according to latest figures from Barclaycard.
There are increasing calls for the use of open banking APIs from industry groups and even the UK Treasury. It is clear that this market shift is inevitable, but while this openness will facilitate innovation and drive competition, there is uncertainty.
Estonia-founded Scoro is the latest startup to raise money in the workflow management tool space, picking up $1.9m in new funding this week.
The European Banking Authority (EBA) has published the long-awaited draft of the Regulatory Technical Standards (RTS) covering Secure Customer Authentication (SCA) and secure communication. Tom Hay, head of payments at Icon Solutions shares his thoughts on whether they will be effective.
Alipay, the Chinese payment platform with 450 million users run by Ant Financial, is partnering with Ingenico to embed its technology into Ingenico’s in-store payment gateways across Europe.
The UK crowdfunding space is getting a boost this week with news Crowdcube has raised in £8 million in a mixture of venture capital and money raised from 3,7000 investors through its own platform.
The US shift to the EMV standard is making progress, according to MasterCard, which said that 80% of its consumer credit cards now contain chips. This marks an 88% increase in adoption since the October 1st 2015 shift deadline.
Haunted by the mistakes of 2008, financial regulators decided to introduce more stringent regulations to lessen the likelihood of a double-dip recession. But this is now leading to growing concerns and begging the question – is regulation stifling innovation within the financial services industry?
Berlin neo bank N26 talks new products, UK launch and the advantages of being based in Berlin.
It's a good time to be a challenger bank as Mondo, a digital-only bank, has received a banking licence to add further competition to the market that already includes Atom, Tandem and Starling.
Asia is surging ahead in the ecommerce game. It has a lot going for it, including an expanding middle class that’s predicted to number 1.7 billion by 2020, and a rapidly growing population of smartphone users.
Standard Chartered has committed to rolling out biometric technology across Asia, Africa and the Middle East, which would allow clients to access their bank account balances, cards and investments using their unique fingerprint or voice as identifiers.