today's payment news headlines

RSS Finextra
  • SIA brings contactless card payments to Turin transit network
    AEP, a major Italian company in the field of electronic ticketing systems and devices for public transport, and SIA, the leading European hi-tech company in the payment services and infrastructures se
  • ChartIQ rebrands as Cosaic
    Financial technology company ChartIQ, today unveiled a new company name and logo, Cosaic, bringing together its charting software, ChartIQ, and smart desktop platform, Finsemble, under one brand.
  • How payment evolution can drive conversions
    A record 33% of UK purchases took place online in May, according to the Office for National Statistics. Yet with average conversion rates at less than 3%, firms are still missing out on billions
  • VTB uses robot to parse applictions for soft loans
    VTB has introduced a robot for processing and verifying data on applications for soft loans at 2% per annum for small and medium-sized businesses under the Russian state employment support program.
  • Metro Bank appoints new chief risk officer
    Metro Bank has today (10.07.20) announced that Richard Lees will join the Metro Bank Executive Committee (ExCo) as Chief Risk Officer, subject to regulatory approval.
RSS Bobs Guide
RSS Chris Skinner
  • Neobanks: are they really challenging?
    In surfing this week, I found a great article on my friend Amit Goel‘s website The company has just completed a deep dive into the world of challenger banks or, as they term them, neobanks. The time for neobanks is now. Here’s their summary of thinking: Neobanking 2.0: Global … The post Neobanks: are […]
  • Things worth reading: 10th July 2020
    Things we’re reading today include … UK regulator toughens rules on payment companies after Wirecard collapse Europeans quibble about long trading hours: the finance edition Some economies are bouncing back. But recoveries can easily go wrong Barclays bosses wrote Amanda Staveley off as ‘dolly bird’, court told How mafia-backed bonds … The post Things worth […]
  • Should we gamify banking?
    OK, no more politics … unless it’s important to banking, technology and fintech … and back to my usual boring diatribes. There’s been a discussion a while ago about making banking fun, gamifying finance and giving rewards for smart spending and saving. I was an advocate of such ideas, but now … The post Should we […]
  • Things worth reading: 9th July 2020
    Things we’re reading today include … The tiny German bank that bet big on Wirecard’s Markus Bank of America sees better-than-feared earnings and these stocks leading the way Big banks stand to earn hundreds of millions from PPP loan fees Bitcoin Community Cries Foul as Major Bank Implicated in Epstein … The post Things worth […]
  • The real reason HSBC and Standard Chartered aren’t talking
    OK, OK, OK. I said this blog is not political, but it’s got a bit that way this week after my comments on HSBC and Standard Chartered, China and Hong Kong. In fact, I feel I’ve opened a bag of hornets and therefore I’m not going to continue this theme … The post The real […]
RSS The Payments Business Chairman’s Blog
RSS UK Authority
  • What To Watch And Read This Weekend: Pandemic Edition
    Like everyone else, the PYMNTS staff is working from home and using the weekends to catch up on books, streaming and movies. Here’s a sample of some of the more relevant selections we recommend. What We’re Reading, Fiction: “The End of October” This novel from “The Looming Tower” author Lawrence Wright is about a pandemic. While that […]
  • Zomato Sees COVID-19 Response Delivering Faster Profitability
    Indian food-delivery company Zomato weathered a decrease in revenue after COVID-19 hit — but at the same time saw an increase in profitability, founder and CEO Deepinder Goyal said in a blog post yesterday. The privately held company saw revenue for the fiscal year that ended March 31, 2020, increase to $394 million, up from […]
  • Coronavirus Refunds: 49ers Provide Reimbursement, Credit Options For Season Ticket Holders
    As the pandemic continues to disrupt everyday life the world over, consumers might want refunds on things they have already paid for but may not be able to use. Sports teams, for instance, are offering to provide reimbursements or credits for later use. The 49ers are allowing season ticket holders to credit their 2020 payments […]
  • This Week In Payments: Retail’s Digital Shift, Uber To Buy Postmates, The Digital Yuan Advances
    There was no shortage of news in payments and commerce this week, but perhaps the biggest news that didn’t make a headline was that this week marks the first full business week of a second half to what’s already been an incredible year. Jim Robinson, co-founder and partner at RRE Ventures, told Karen Webster during our […]
  • Google To Ban Ads For Spying
    Starting next month, Google will ban ads for products or services that secretly track people, the global technology company announced on Friday (July 10). “We constantly evaluate and update our ad policies to ensure we are protecting users,” Google said in a statement. “We routinely update our language with examples to help clarify what we […]
RSS Mobile Payments Today
  • EBA updates list of correlated currencies
    The European Banking Authority (EBA) updated today the 2019 list of closely correlated currencies that was originally published in December 2013. The list is part of the implementing technical standards (ITS) that were drafted for the purposes of calculating the capital requirements for foreign-exchange risk according to the standardised rules. The list was updated according […]
  • EBA publishes phase 2 of its technical package on reporting framework 2.10
    The European Banking Authority (EBA) published today a new release of the reporting framework 2.10, providing the technical tools and specifications for the implementation of EBA reporting requirements. The package includes the validation rules, the Data Point Model (DPM) dictionary and XBRL taxonomies.
  • EBA calls on resolution authorities to consider the impact of COVID-19 on resolution strategies and resolvability assessments
    The European Banking Authority (EBA) published today a statement on resolution planning in light of the COVID-19 pandemic. With this statement, the EBA intends to reiterate the importance of resolution planning in times of uncertainty to ensure that resolution stands as a credible option in times of stress. In addition, the EBA highlights the importance […]
  • European Parliament confirms François-Louis Michaud as new EBA Executive Director
    After a plenary vote in the European Parliament on 8 July 2020, François-Louis Michaud was confirmed as the new Executive Director of the European Banking Authority (EBA). François-Louis Michaud, who will serve a five-year renewable term, was selected by the EBA Board of Supervisors from a shortlist of candidates compiled by the EBA Selection Committee.
  • EBA Banking Stakeholders Group held its first meeting in its new composition
    The EBA Banking Stakeholder Group (BSG) held today its first meeting in its new composition. The renewed BSG, the fifth one since the establishment of the European Banking Authority (EBA) in 2011, was agreed by the EBA Board of Supervisors at its meeting on 17 June 2020. The 30 selected members, who started their four-year […]
RSS FinTech Times
RSS AltFi | AltFi News Feed

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