Skip to content
E-Money RSS
Open data – competition needs to work for both FinTechs and Banks
“Silicon Valley is coming”. That’s what JP Morgan CEO Jamie Dimon wrote to shareholders in 2015. Dimon had been to the Valley and seen money pouring in to innovative start-ups, targeting the lending and payments space. Many other bankers have been since and come away with similar views. Dimon et al saw by using big [...]
The post Open data – competition needs to work for both FinTechs and Banks appeared first on Payments Cards & Mobile.
Bacs breaks more records in 2016 – £5 trillion in 2016
6.22 billion payments transactions worth a total of £4.8 trillion were processed by Bacs Payment Schemes (Bacs) in yet another record breaking year for the company behind Direct Debit in the UK. At the end of September 2016, a huge 109.3 million Direct Debits and Bacs Direct Credits passed through the system in a single [...]
The post Bacs breaks more records in 2016 – £5 trillion in 2016 appeared first on Payments Cards & Mobile.
Bitcoin bubble bursts as volatile price plummets
The Bitcoin price plummeted as much as 23% Thursday afternoon after nearing an all-time high just weeks before, the cryptocurrency extended Friday’s tumble amid concern China will tighten rules on the digital currency to curb capital outflows. The cryptocurrency slid 0.5% to $893 in Hong Kong, after falling as much as 10% on Friday. The People’s Bank [...]
The post Bitcoin bubble bursts as volatile price plummets appeared first on Payments Cards & Mobile.
Worldline and Hease Robotics sign payments partnership
Worldline has entered into a mutually beneficial co-development relationship with Hease Robotics, a French B2B service robot manufacturer, delivering interaction-oriented robots to the retail and hospitality industries. Worldline and Hease Robotics signed a partnership to enable extended services on customer-facing robots in public places like malls, shops, entertainment locations, events locations, and transport stations. In this [...]
The post Worldline and Hease Robotics sign payments partnership appeared first on Payments Cards & Mobile.
Nigerian payments digitisation continues as POS transactions hit $2bn
Nigerian payments digitisation has continued to gather momentum as the value of transactions through POS channels across the country increased significantly by 65% to N651.37 billion ($2.07 billion) between January and November 2016. This is compared with the N395.05 billion recorded in the corresponding period of 2015, data gathered from the Nigeria Interbank Settlement System (NIBSS) [...]
The post Nigerian payments digitisation continues as POS transactions hit $2bn appeared first on Payments Cards & Mobile.
