This post was originally published on this siteTotal UK contactless spending rose by nearly a third last year to £69 billion, with tap and pay now accounting for more than 40% of all card transactions, according to industry figures. The UK is now a contactless country, with 123 million of the country’s 159 million debit…..
This post was originally published on this siteThe world’s most promising startups and FinTechs today move like Mastercard – in microseconds. We may be different in size, but there are many more similarities than differences, which we witness through Start Path. The award-winning startup engagement program relentlessly scours the globe for firms that offer promising…..
This post was originally published on this siteBarclaycard, which processes nearly half of the UK’s credit and debit card transactions, has extended an existing provisional agreement with Alipay, enabling retailers across the country to accept the Chinese payment app at the point-of-sale. Barclaycard first launched a pilot with Alipay in 2017, testing the QR code-based…..
This post was originally published on this siteK and H is one of the first players in Hungary to open a development portal and test environment, offering access to new-style operators, in line with the second payment directive (PSD2). The purpose of the site is to help users find their way in the open interface…..
This post was originally published on this site In response to the recently published article by The Guardian , “UK cash system ‘on the verge of collapse’, report finds” – a writeup of an independent report called the Access to Cash Review – it is worth emphasising we may be heading toward something far worse…..
This post was originally published on this siteSpeech by Charles Randell, chair, FCA, delivered at the retail Banking Conference 2019 in London. All bankers should watch ‘It’s a Wonderful Life’. It captures the range of feelings people have about bankers. George Bailey is the good banker who has the interests of Bedford Falls at heart……
This post was originally published on this siteLike me, you may have come across people who appear obsessed with security but happily book cabs, order food, and even make payments on their mobile phones without entering a single password / PIN. This is not as contradictory as it seems if you look at the end-to-end…..
This post was originally published on this siteACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, today announced an extension of its long-standing relationship with Capitec Bank, South Africa’s second largest retail bank. Capitec, a long-time ACI customer, now supports card and non-card payments acceptance through the UP Retail Payments solution…..
This post was originally published on this siteDeutsche Bank (China) Co., Ltd today announced that it has joined the NetsUnion Clearing Corporation’s network (NUCC) to facilitate the e-wallet payments of its corporate clients. Officially launched in 2018, NUCC is a critical component of China’s financial infrastructure system. NUCC is the designated platform for all mobile…..
This post was originally published on this siteOpenWay, a global leader in digital payment processing software, today announced the successful integration and compatibility of its WAY4 payment processing platform with the Gemalto SafeNet Payment Hardware Security Module (Luna EFT 2). This means that processors, card issuers and merchant acquirers that are already using this HSM…..