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Diners Club International & ISXPay enter into Acquiring License

Highlights ISXPay will offer card acquiring services to merchants for Diners and Discover branded cards eCommerce/online merchant acquiring agreement Territory Australia, EU with global opportunity, excluding North America. Australian ... Read More

New EU rules to boost crowdfunding platforms and protect investors

Economic and Monetary Affairs Committee voted on Monday 5th November, 2018, on its position on common rules on the creation and functioning of European crowdfunding service providers for business. ... Read More

Visa CEO Predicts 100 Million Contactless Cards in a Year

Visa Inc. has been talking up contactless payments lately, though its executives and spokespersons usually dole out percentages rather than hard numbers to describe what is still a minuscule ... Read More
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ISXPay®: deposit taking via own BIC: ISEMCY22XXX

Highlights IBAN based accounts now being issued, following successful testing and certification of Software Client Funds deposited with zero credit risk under EU’s “Eurosystem” Central Banking system Bi-directional bank ... Read More

Sweden’s central bank prepares for cashless future with e-krona

Sweden’s central bank is pushing ahead with plans to build a technical framework for the issuance of a new electronic currency, the e-krona. The Riksbank started a project in ... Read More
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2.6 billion to use biometrics for payments by 2023; Report

Goode Intelligence forecasts 2.6 billion to use biometrics for payments by 2023. By 2023, nearly 579 million biometric payment cards will be used globally to enable frictionless customer authentication ... Read More
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iSignthis Probanx Delivers Core Banking to Wanfuteng Bank

Highlights Wanfuteng Bank now integrated to core banking platform “CorePlus” Joins 16 other banks as a customer Probanx core banking platform services banks located across 3 continents FY2018 (Calendar) ... Read More

Contactless payments in UK overtake chip-and-pin

Contactless payments have become more popular than chip-and-pin card transactions for the first time in the UK, according to a major payment processing company. Worldpay said it happened in ... Read More

The CySEC innovation Hub for FinTech and RegTech developments welcomes applicants

The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement to invite prospective applicants to apply for participation in the Hub’s programme. This announcement follows the announcement dated ... Read More
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U.S. and Australian financial regulators sign FinTech Cooperation Arrangement

The U.S. Commodity Futures Trading Commission (CFTC) and the Australian Securities and Investments Commission (ASIC) signed an arrangement to cooperate and support innovation through each other’s financial technology (FinTech) ... Read More
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