Entries for the 2016 FinTech Innovation close in four short weeks. Have you thrown your hat into the ring?

Amazon is discontinuing Amazon Register, its mPOS service that was intended to rival the likes of Square and PayPal.

In the course of the next five years, we will see more card-accepting outlets as the number will rise to 90.3 million by 2020, up from 46.6 million in 2014, according to strategic research and consulting firm, RBR.

Following July’s story that reported Visa was in serious talks to re-acquire Visa Europe, the payments technology giant has reached a definitive agreement to acquire its former subsidiary for €21.2 billion.

It is easy to assume that just because we spend more money via contactless cards each month, everyone is using contactless. Whilst it is undoubtedly popular, certain age groups are not convinced as seven out of ten people over 50 have security concerns, according to research from Saga.