Amazon, the world’s largest online retailer, has created special accounts as part of a new banking service. This new service, however, does not imply that Amazon intends to launch its …
Read More »Video: how electronic payments work
Electronic payments for goods and services are commonplace in the modern world. But have you ever wondered what happens behind the scenes? Explore how all the different parties involved are …
Read More »Pasha Bank recognized as leading bank in non-cash payments
Pasha Bank has been recognized as the leading bank in the field of non-cash payments in Azerbaijan. Currently, 90% of payment transactions and currency exchange operations conducted by legal entity …
Read More »VTB Bank (Armenia) launches new, modern ATM services
VTB Bank (Armenia) is now offering its customers new and technological services at ATMs. Customers of the bank can now use ATMs to withdraw money, make payments, execute money transfers …
Read More »China UnionPay and banks create unified payment app
China UnionPay has teamed up with more than 30 local commercial banks and payment institutions to launch a unified app for the country’s banking industry. The Mobile QuickPass app is …
Read More »FinTech World Forum 2018
London is set to host FinTech World Forum 2018, which will take place May 30-31, 2018. The event will feature 25 speaker and more than 300 delegates, speaking on a …
Read More »Mail.Ru launches money transfer service
User of Mail.Ru can now send money transfers of between RUB 100 and RUB 75,000 to users of any email address. To transfer money, users need to create a new …
Read More »Barclaycard expanding contactless payment devices
bPay, payment division of the British company Barclaycard is working with seven watch brands to create a new payment tool that is also stylish and functional as a watch. bPay …
Read More »Singaporean mobile wallet providers form payment consortium
In Singapore, seven mobile wallet providers have formed a payment consortium as part of an effort to promote electronic payments in Singapore and with the aim of supporting interoperability among …
Read More »Bank of Russia plans to introduce common payment space in the EEU
Bank of Russia is considering introducing a common payment space within the Eurasian Economic Union (EEU) based on blockchain technology. The introduction of Masterchange would allow for financial transactions and …
Read More »The rise of voice-enabled payments
Voice-enabled assistants such as Alexa, Siri and Google Assistant are increasingly becoming an integral part of many people’s daily life. Several banks, financial institutions, and new FinTech players have already …
Read More »The potential of biometrics in finance
There are various ways of identifying a person biometrically. Here are the top five modern biometric methods of identification today: Fingerprints — fingerprint usage for identify has evolved with modern …
Read More »Kazakhstani banks bringing new card services to the market
The number of payment cards in circulation in Kazakhstan is on the rise: the number of debit cards has increased 24.3%; the number of credit cards has increased 21.1%; and …
Read More »Open APIs changing the future of payments
The development of the open application programming interface (API) concept means major changes in the payment industry, with most banking customers now being interested in increasing the speed, simplicity and …
Read More »Infographic: the top 10 trends in payments for 2018
The universe of banking and payments is ever evolving, and 2017 saw a number of significant changes within the payment industry. Here are the top 10 key trends likely to …
Read More »Infographic: 50 disrupting FinTech facts about mobile wallets and payments
In many places around the world, the future of payments is here: mobile wallets. Take a quick look at why and how mobile wallets are taking over in this FinTech …
Read More »“Invisible” payments being tested in Spain
Spanish banking company BBVA is testing a facial recognition system in its internal cafeterias as part of an effort to make payments “invisible”. The system is able to recognize user …
Read More »Armenian government to stay out of cryptocurrency market
The Armenian government has not approved amendments to the ‘Law on the Development of Digital Technologies’ or the ‘Law on State Registration of Legal Entities, Separated Subdivisions, Enterprises of Legal …
Read More »Swiss RegTech Conference 2018
Swiss RegTech Conference 2018 will be held at Swisscom Arena in Zurich on April 24, 2018. Leading Swiss policymakers and global technology pioneers from Switzerland, Israel and the United Kingdom …
Read More »Global RegTech Summit
On May 22, 2018, London will host more than 600 delegates from across the financial industry spectrum at the Global RegTech Summit. Register to: Find out strategies for financial institutions …
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