E-Money RSS

Daily News, E-Money, FinTech, Instant Payments, Issuing & Acquiring, Open Banking, Payment Services Directive, PSD2, Revised Payment Services Directive -

On January 13 the Revised Payment Services Directive, PSD2, came into force across the EU. Worldline’s CEO Gilles Grapinet speaks in a new interview about the huge opportunities for banks, large retailers, and FinTechs with PSD2, and especially points out that the banks need to realise that only complying with the PSD2 can lead to [...]

The post An interview with Worldline CEO Gilles Grapinet: PSD2 – a goldmine of opportunities appeared first on Payments Cards & Mobile.

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Daily News, E-Commerce, E-Money, Issuing & Acquiring, Merchant Payments, merchants, Mobile Payments, mPOS, Omni-Channel Payments, POS Terminals, retail, retail payments -

2018 is here and the business outlook for retailers is looking positive despite what people may think. The New Year retail will be driven by technological advances and payment transaction capabilities, small-format shops will be in and ‘big-box’ shops are out, vast amounts of attention will be given to the omni-channel experience making it now [...]

The post 2018: Retail will be driven by technological advances and payment transaction capabilities appeared first on Payments Cards & Mobile.

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Cyber Security, Daily News, E-Money, Fraud & Security, Issuing & Acquiring, Mobile Remittance, money laundering, Remittance, Risk & Compliance -

Around $2 trillion is laundered every year and everyone is paying the price. Banks have huge regulatory overheads. Businesses and consumers encounter friction to open a bank account, transfer funds or instruct a lawyer. The best companies manage risk best. So, how do those in the payments industry use technology, process and people to manage [...]

The post Money laundering in the 21st century: Follow the money appeared first on Payments Cards & Mobile.

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Daily News, E-Money, Instant payment, instant payment scheme, Instant Payments, Issuing & Acquiring, Mobile Remittance, Remittance, RTP, SCT Inst (SEPA Instant Credit Transfer), SEPA Instant Credit Transfer -

November saw the launch of new instant payment schemes in the US and Eurozone. The main commercial banks in the US are behind RTP®, and nearly 600 payment institutions from eight European countries are participating in SCT Inst (SEPA Instant Credit Transfer). Real-time or instant payment is not new though. It started with Zengin in [...]

The post Instant payments: what are you waiting for? appeared first on Payments Cards & Mobile.

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API, Cyber Security, Daily News, E-Money, European Fintech Alliance, FinTech, Fraud & Security, Identity, Issuing & Acquiring, Mobile Payments, Open Banking, PSD2, Regulation, Regulatory Technical Standards, RTS, SCA, strong customer authentication -

The Future of European Fintech Alliance, consisting of 72 European FinTechs, challenger banks and FinTech associations, has taken note of the final Regulatory Technical Standards (RTS) on strong customer authentication and secure communication under PSD2 adopted by the European Commission. The text constitutes a workable compromise between the interests of the incumbent banking​ ​industry​ ​on​ [...]

The post Future of European Fintech Alliance statement on the final Regulatory Technical Standards (RTS) on strong customer authentication appeared first on Payments Cards & Mobile.

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