According to the latest Bank of Ireland fraud data for the first half of 2024, the volume of investment fraud attempts has surged by 76% compared to the same period in 2023. The most common way is by text message (89%), […]
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The increased use of ISO 20022 standards for payment messages in Real Time Gross Settlement (RTGS) systems means many central banks will adopt the protocol in the coming years. Ninety-three percent1 of payment system operators have already either implemented ISO […]
Regulation (EU) 2024/886, commonly referred to as the Instant Payments Regulation (IPR), entered into force in April 2024, bringing significant changes to the SEPA Regulation. This new regulation introduces new mandatory requirements for instant credit transfers in Euro, impacting Payment Service […]
The new service is expected to be available in the coming weeks at 11,000+ SelfPay Payment Stations, located in more than 2,000 localities throughout Romania. LendRise, the innovative fintech company behind the widely-used credit scoring platform Scorerise.ro, and SelfPay, the […]
With six months to go until entry into application of the provisions on crypto-asset services under the European MiCA Regulation, the Autorité des Marchés Financiers (AMF) has now begun to accept applications for authorisation to become a crypto-asset service provider […]
With pay-by-face biometric payments, shoppers can pay seamlessly without phones or credit cards. J.P. Morgan Payments debuted its new biometric solution in early May with pilot client South Florida Motorsports, the organizers of the Formula 1 Crypto.com Miami Grand Prix. J.P. Morgan Payments announced an […]
BLIK, a modern payment system from Poland, Aion Bank and Vodeno, a provider of advanced financial technology, announced that have formed a strategic partnership. „This cooperation will enable both Vodeno and Aion Bank, which participates in the BLIK system as an issuer, to offer fintechs, banks and other […]
„10x Banking is the first company in the world to offer a ‘meta core’, which for the first time gives banks a clear roadmap to full transformation. A meta core solves the challenges of legacy cores and avoids the complex set-up […]
The Swiss regulator, Swiss Financial Market Supervisory Authority (FINMA) now demands that stablecoin issuers must either have a banking license or secure a bank guarantee. FINMA now also insists that every stablecoin holder must be identified. Troubles are appearing in […]
On behalf of the European Digital Payment Industry Alliance (EDPIA), Oxford Economics has conducted a study evaluating the environmental footprint of both cash and digital payment methods across Italy, Germany, and Finland. In an era where sustainability and environmental impact […]
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