GoCardless, a leading fintech for bank-to-bank payments, has today launched Instant Bank Pay, a new open banking feature directly integrated into its global payment platform. With Instant Bank Pay, merchants can take instant, one-off bank-to-bank payments from new and existing customers while still reaping the benefits of bank debit for their recurring payments. Continue reading
Wirex, a leading digital payments provider, today unveiled a range of location-enriched services to show their users where payments take place. Available to Wirex customers in-app, the service enables cardholders to readily see exactly where their transactions take place and provides a greater level of transparency for those transactions. Continue reading
The global mobile wallet adoption rate is expected to witness an upward trend in the coming years amid an increase in the digital payment market through the usage of mobile payment wallets and contactless payments as an alternative to credit/debit card transactions on a global scale, says Beroe Inc. Continue reading
HSBC, title partner of the HSBC World Rugby Sevens Series, releases its latest sports documentary, Finding Her Voice. This film captures the reality of being a female in the sports industry. Danielle ‘Nolli’ Waterman is arguably one of rugby’s greatest ever fullbacks, a former world champion and a pioneer of the women’s game. Continue reading
Finastra research reveals that 86% of global banks are looking to use open APIs to enable Open Banking capabilities in the next 12 months. In addition, 30% of banks surveyed believe Open Banking is already making a tangible impact in delivering improved overall customer experience. This is against a backdrop where regulation is perceived to be tighter than a year ago and close to half (48%) of those audited believe that regulators are holding back innovation. Read more
The U.S. Secret Service this week issued an alert to banks warning banks about an ATM exploit known called “jackpotting.” Continue reading
TOKYO, JAPAN (OCTOBER 31, 2017) (TV TOKYO) – Bank of Japan Governor Haruhiko Kuroda on Tuesday (October 31) laughed off the notion that researchers can use artificial intelligence to analyse his facial expressions and predict changes in monetary policy.
Artificial intelligence researchers in Japan say they’ve found a way to predict major policy shifts from the country’s central bank by analyzing split-second changes in the facial expression of its governor, Haruhiko Kuroda. Julian Satterthwaite reports. Continue reading
September marks 10 years since Barclaycard introduced contactless payments to the UK. As Kate King reports it’s since expanded to include wearables and mobilepay – bringing the idea of a cashless society one step closer. Continue reading
The BBC releases a recording of an October 2008 phone call between two bankers at Barclays in which one said he was under “serious pressure” from the Bank of England to set an artificially low rate for Libor, an inter-bank borrowing rate.