Strategic partnership between Worldline and SIX consolidating European payments

Worldline’s $2.75 billion deal to buy the payments unit of Swiss exchange operator SIX Group, announced on Tuesday, could herald more consolidation in the industry, SIX’s chairman told Reuters. ... Read More

Digital banking transformation creating new systemic risks

Digital banking transformation programmes are creating a new wave of operational and systemic risks for which the industry is ill-prepared, warns UK Finance. Sustainable Financial Services in the Digital ... Read More

Airlines to test consumer payments that bypass credit cards for direct sales

Some airlines will test letting ticket buyers on their websites have an optional new way of paying that avoids the need for credit and debit cards. The world’s top ... Read More

Spanish banking group Santander to build digital bank in the UK

Spanish banking group Santander said it is building a standalone digital bank in the UK in a move aimed at boosting its online presence. This comes amid intense competition ... Read More
lending technology

Hong Kong is looking to bring innovative technology in lending business

The Hong Kong Monetary Authority (HKMA), the government authority in Hong Kong responsible for maintaining monetary and banking stability, released an announcement to inform that has issued guidelines to banks ... Read More
Blockchain technology

JPMorgan files blockchain interbank payment patent

JPMorgan has filed a patent for the application of blockchain technology to speed up the process of cross-border payments. The patent application was initially filed in October, just after ... Read More
online payment

The global online payment gateway market is expected to grow significantly

The global online payment gateway market is expected to grow significantly from USD 61.0 Billion in 2017 to USD 129.8 Billion in 2024 at a CAGR of 11.4%. Increasing ... Read More
online shopping

Visa, MasterCard and AmEx propose a new deal for online payments

The way you pay for things with credit cards or debit cards at bricks-and-mortar retailers is a familiar, standardized process. There have been minor tweaks, like the recent adoption ... Read More
anthony announcement

Anthony Papaevagorou joins ImpacTech as Sales Director

ImpacTech hires Anthony Papaevagorou after eight years at MetaQuotes ImpacTech, a FinTech solutions provider, has made a new senior hire by appointing Anthony Papaevagorou as their new Sales Director. ... Read More

Mobile payments set to hit $4.5B market value by 2023

Data from Allied Market Research suggests that the mobile payment market will expand at a compound annual growth rate of 33.8 percent from 2017 to 2023, to reach a ... Read More
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