News and technologies
20 February 2019
Mark McMurtrie, Payments Consultancy Ltd The European Payment Service Directive (PSD2) regulations came into force in January 2018 in order to improve the European payments industry, increase…
24 January 2019
The European Commission has bashed Mastercard with a EUR570 million fine for obstructing merchant access to low-cost cross-border payment services. The financial penalty flows from an anti-trust…
24 January 2019
Russia's Sberbank has teamed up with supermarket chain Azbuka Vkusa to let shoppers pay for groceries with their fingerprints. Once Sberbank customers have registered their biometric data…
14 January 2019
China payment card issuer UnionPay is stepping into the market with prepaid cards for corporates and consumers, the company announced this week. Banking Tech reported on Wednesday…
26 December 2018
Remittance outfit TransferGo has closed a Series B funding round of $17.5 million, led by Vostok Emerging Finance and Hard Yaka from Silicon Valley, with participation from…
16 November 2018
Ingenico Group, the global leader in seamless payment, today announced a strategic partnership with Sberbank, Russia’s largest bank, to enable international online merchants to accept the national…
08 November 2018
Whether driven by regulation or market competition, the financial services sector in several jurisdictions is progressing toward open banking, interconnectivity and a freer flow of data between…
16 October 2018
The European Commission is proposing to hand the European Banking Authority sweeping new powers to crack down on money laundering following a spate of scandals at a…
16 October 2018
I needed a few outdoor cushions earlier this season and hired a local upholstery shop to make them. This small business is a really small business: a guy working…
