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  • R3 tests blockchain but with a twist

    Blockchain consortium R3 and 12 of its member banks, including Barclays, BMO Bank of Montreal and Santander, have trialled Ripple’s distributed financial technology and the potential to scale liquidity and reduce the costs and inefficiencies of interbank cross-border payments. Whilst …
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  • BoA Merrill Lynch taps ModoPayments hub

    Bank of America Merrill Lynch and ModoPayments have announced a strategic relationship that will give the bank access to Modo’s COIN operated digital payments hub. This will enable its clients to connect with multiple emerging payment networks and also extend …
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  • Current Account Switch Service latest

    The latest figures for the UK Current Account Switch Service are in, and yet again it’s a case of ‘OK, but must do better’. 802,036 switches have taken place since January, an increase of 3% compared to the same period …
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  • Worldpay Total service launched in US

    Worldpay has launched its new Worldpay Total service, which aims to bring omni-channel payments systems onto a single development platform, in the US. The system features a developer centre with APIs and SDKs available for Windows, iOS and Android. Pre-certified payment …
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  • Indian banks recall cards after damaging ATM breach

    India’s largest banks, including State Bank of India HDFC Bank, ICICI Bank, Yes Bank and Axis Bank, have been forced into recalling millions of debit cards following revelations that an ATM-specific malware strain may have been infecting machines across the country …
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  • Which? slams banks for online security flaws

    Many major UK banks have failed to adopt two-factor security steps that could safeguard their customers from online banking fraud, according to new Which? research. It tested the customer-facing security of 11 banks and found more than half failed to …
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  • Temenos dubs Q3 results “outstanding”

    Temenos has hailed its Q3 performance as “outstanding” and announced intentions to launch a share buyback in Q4 worth up to $100 million. The firm’s total IFRS revenue came in at $160.6 million, a $15.6 million increase from the same …
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  • Circle breaks into Europe to offer Bitcoin purchasing

    Bitcoin firm Circle has added support for the buying and selling of the cryptocurrency in a number of European countries beyond the UK. Circle gained an electronic money licence from the British government earlier in the year but immediately began …
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  • Azimo update gives mobile apps usability refresh

    Money transfer service Azimo has launched a new version of its mobile app designed for both Apple and Android users. The app will allow users to transfer money through a wide new variety of means, including integration with the iPhone’s Siri …
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  • Miami International Holdings taps up OneTick

    Miami International Holdings (MIH) has selected OneMarketData’s OneTick streaming analytics engine, to be implemented in the former’s US options exchange MIAX Pearl. OneTick will be integrated into the exchanges systems prior to its expected launch in February 2017. The OneTick …
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  • Android Pay hits Hong Kong

    Android Pay has followed rival service Apple Pay into Hong Kong. Apple went live earlier this year and Google also faces competition from Tencent’s WeChat Wallet. “Android Pay makes mobile payment as simple and secure as possible,” says Pali Bhat, …
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  • Cash holds firm Stateside, Cardtronics

    US cash use remains strong in a fragmented payments landscape, according to Cardtronics research. This finds that consumers are deploying a blended mix of payment options, with 85% of the 1,006 people surveyed using at least two different methods each …
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  • I just called to say, I’ll use Apple Pay

    Eckoh and Worldpay are laying claim to the world’s first Apple Pay payment performed via telephone. Possible use cases from their proof of concept include high volume call centre payments, telephone ordering services or retailer-based telephone payments. Cameron Ross, Director …
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