Can virtual reality make a difference?
Sounding like something from science fiction, virtual reality (VR) is coming into its stride. Partly down to the success of Oculus Rift technology, VR is coming to the forefront in sectors such as gaming and real estate, but can it make its mark in the banking and payments sectors? Patrick Brusnahan investigatesread article
Has PSD2 the power to change the game in payments?
The Payment Service Directive (PSD) of 2007 is being updated by PSD2 after much debate between European institutions and stakeholders. This legislation comes along with a number of other initiatives from the European Commission. Lars Tebruegge, independent payment consultant, writesread article
Can blockchain take a foothold in Africa?
Blockchain Technology (“BCT”) could be the most significant social and political innovation to impact Africa this century. If digital currencies become adopted in African nations, it could significantly reduce corruption from government, it could provide transparency and control to every day citizens. Robert Courtneidge, global head of cards and payments, Locke Lordread article
PayPal to suspend operations in Turkey
PayPal has decided to suspend its operations in Turkey after the country's financial regulators rejected its license applications.read article
Santander UK partner with Ripple to launch blockchain payments app
Santander UK has selected Ripple's technology to launch a blockchain-based international payments app.read article
"On a scale of 1 to 10, this is going to create chaos at level 9": the mood across the payments industry is not a positive one after the momentous UK referendum, which ended in favour of Brexit on 23 June. Anna Milne rounds up the soundbites from the industry read more
US-based NCR Corporation has launched the latest version of its transaction processing solution Authentic, which is compliant with the PA-DSS 3.1 standard. read more
Bitcoin start-up Circle Internet Financial has raised $60m in fresh round of funding led by existing investor and Beijing-based venture capital IDG Capital Partners. read more
The number of EMV payment cards in global circulation has increased, year on year, by 1.4 billion to 4.8 billion, reveals official data released by global technical body EMVCo. read more
Dutch state-owned bank ABN AMRO has rolled out a new payment app Tikkie in the Netherlands that will allow consumers to send payment requests via WhatsApp. read more
British banking group Barclays has completed the launch of its host card emulation (HCE) based mobile payment app, Contactless Mobile, in the UK as an alternative to Android Pay. read more
Latest Special Reports More
Launched in April 2014, Paym is a UK-based payment solution that enables fund transfers between bank customers using mobile phones. However, has this taken the British market by storm? Is the UK populace ready for this? read more
A leader in online payments in Germany and Austria, Sofort’s web and mobile solutions enable shoppers to pay for internet purchases directly from their bank accounts. The company processes over three million transactions a month through its network of over 35,000 online merchants. Patrick Bruscnahan writes read more
If 2015 was the year of blockchain hype, 2016 should be the year of solid progress. At the Retail Banker International Annual Conference and Awards in London on 19 May, presentations provided some solid use cases of the much-discussed, much-misunderstood technology. Anna Milne reports read more