Despite increasing levels of awareness and precaution, the impact of payment fraud in the UK is on the rise. Some 87% of UK businesses say …
NatWest selfie function: opening an account has never been easier June 20, 2019 Briony Richter 
Berkshire Bank of Massachusetts taps Finastra to offer real-time payments
Berkshire Bank of Massachusetts is upgrading its payments technology to Finastra’s flagship payments solution, Fusion Global PAYplus. Consequently, Berkshire Bank becomes one of the first …
HSBC taps blockchain start-up Identitii for digital accounts receivable tool
HSBC is launching a Digital Accounts Receivable Tool (DART) using tokenisation technology from blockchain start-up Identitii. In particular, HSBC will deploy the DART tool for its …
Volante launches SEPA instant payments as a service on Microsoft Azure
Volante launches SEPA instant payments as a service on Microsoft Azure for RT1 and TIPS using SIAnet as connectivity solution. The Volante ecosystem of business services …
The challenges of using the EBA register for TPP checking
The EBA register needs looking at closely. By 14 September 2019, over 9,000 European financial institutions must comply with ‘Open Banking’ under PSD2’s Regulatory Technical …
JPMorgan Chase acquires InstaMed – its biggest acquisition for a decade
JPMorgan Chase acquires InstaMed, a US healthcare payments firm in a deal estimated to be worth more than $500m. The deal represents JPMorgan Chase’s biggest …
PFS Launches Fitbit Pay in the UK
PFS’ first Fitbit Pay solution for cards issued & managed by the fintech in the UK is live. Customers of PFS in the UK can …
IBM wins Lynx Payments Canada modernisation contract
IBM Canada will be the lead technology partner for the Payments Canada high-value payments system dubbed Lynx. Payments Canada says that IBM will provide combined …
Mastercard Q1 2019: a blindingly good quarter
With growing payment and transactions volume, expanding margins, consensus-beating revenues and tight cost management, it’s a blinding Q1 for Mastercard. And you can add in …
Kids online spending soars: children give up on the high street
Kids online spending now accounts for almost 90% of all transactions as children increasingly give up on the high street. E-commerce now accounts for 89% …
