payments

SFC-logo-office

SFC Hong Kong fined $3 million a security brokerage company

06/03/2017(0)
The Securities and Futures Commission (SFC) has reprimanded Guangdong Securities Limited (GSL), now known as Sinolink Securities (Hong Kong) Company Limited (Sinolink), and fined it $3 million for failures ... Read More
visa-contactless

Visa to Launch First Everywhere Initiative in Europe

28/02/2017(0)
Today, Visa announced that the Everywhere Initiative, an innovation program designed to encourage the development of the “next big thing” in payments, will expand into Europe. Entrants in Visa’s ... Read More
HMRC

Argos flouts national minimum wage in £2.4m underpayments

20/02/2017(0)
The underpayment happened because staff were asked to staff to attend briefings and take part in security checks outside the working hours for which they were paid, after they ... Read More
visa_card

Visa reports net income of $2.1 billion for Q1 2017

03/02/2017(0)
GAAP net income of $2.1 billion or $0.86 per share, an increase of 7% and 7%, respectively Adjusted net income and earnings per share growth of 23% and 23%, ... Read More
European-Commission-building

European Commission Considering Limits on Virtual Currency Transactions

01/02/2017(0)
The European Commission has released an Inception Impact Assessment  considering transaction limits on virtual currency transactions as it steps up efforts in its fight against the financing of terrorism. ... Read More
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Ingenico Group to acquire 100% of TechProcess Payment Services

31/01/2017(0)
Ingenico Group announced today it has reached an agreement in principle to acquire 100% of TechProcess Payment Services Ltd (“TechProcess”), a leading Indian electronic payments services provider from its ... Read More
fingerprint payment

Forget mobile payments, use your fingerprint

30/01/2017(1)
Mobile payments are so 2016. That’s the belief of one start-up that is hoping consumers will ditch the device altogether and use their fingerprints instead. Touché, a startup based ... Read More
A Moneygram logo is seen outside a bank in Vienna

MoneyGram Agrees to Merge with Ant Financial

27/01/2017(0)
MoneyGram (NASDAQ: MGI), a global provider of innovative money transfer services, and Ant Financial Services Group, one of the world’s leading digital financial services providers and parent company of ... Read More
FRANCE-ECONOMY-BANKING-DILIZI

Future of payments: 4 trends to know in payment processing

23/01/2017(0)
The payments industry has been evolving rapidly, especially in the last few years with the growing shift to digital. The global payments ecosystem is constantly changing as new startups ... Read More
agreement

Tyro recruits PayPal exec

23/01/2017(0)
In a statement released today, Tyro, which describes itself as “Australia’s fast growing nextgen bank”, announced that Mr Al-Bassam will head up the company’s product development operations, while current ... Read More
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