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Monzo brings back debit card top ups, but warns they may not be sustainable

The best way to add money to Monzo is by getting your salary paid straight in or setting up a regular standing order.

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BS/2 and VisionLabs partner on ATM video surveillance

BS/2, a Lithuanian banking technology company and VisionLabs, one of the global leaders in face recognition have announced today a strategic partnership in creating the product line of interbank services for contactless identification that will greatly increase security and eliminate the risks connected to fraudulent or unlawful activities when operating self-service terminals.

Visa claims UK interchange victory

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Visa claims UK interchange victory

Visa is looking to play nice with UK retailers after scoring a High Court victory in a long-running battle over interchange fees.

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Latest Mastercard Start Path Program includes blockchain, digital identity and healthcare fintechs

Mastercard today announced its largest and most diverse class to enter the Mastercard Start Path program – the company’s global effort to support later-stage fintech and tech startups.

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Piraeus Bank introduces Mobile QuickPass for UnionPay cardholders

Piraeus Bank - the leading Bank in Greece - in conjunction with UnionPay International - the Chinese financial services organization with more than 6,1 billion credit, debit and prepaid cards worldwide - introduces QuickPass to Southern Europe for the first time.

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Wirecard boon app makes online debut

As of today, boon by Wirecard – the fastest growing mobile payment solution in Europe – enables all Apple Pay users to utilize their boon digital credit card for online purchases.

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Interac e-Transfer goes International in collaboration with nanopay

Interac Association and Acxsys Corporation, one of Canada's leading payments brands, and nanopay Corporation, a real-time payment platform that provides instant settlement across a variety of currencies, are working together to build a new way of digitally transferring money securely and in real-time from Canadian bank accounts to international high-volume remittance corridors, starting with India.

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Vocalink:Payments innovation should play critical role in Government’s post-Brexit economic strategy

Vocalink, a Mastercard company, global payments partner to banks, corporates and governments, has published a set of payments innovation ideas that would provide a foundation for a more productive and efficient UK economy.

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Treasury Committee seeks assurance from Link on access to cash machines

LINK has launched a consultation on the future level of its interchange fee, which funds the free-to-use ATM network.

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Apexx raises $4M in initial seed round

APEXX, the first single marketplace for global payments, today announces it has closed an initial seed funding round and been awarded a grant by Innovate UK, activity totalling $4M (£3.2M).

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SIX launches mobile payment terminal

SIX is introducing a new mobile terminal – mPRIME – offering merchants and traders maximum flexibility for cashless payments.

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PayBright enables instant financing for online purchases in Canada

Fintech lender PayBright announced today that after a successful three-month pilot of Canada's first instant financing solution for e-commerce, it is now approving over $5 million per month in credit for consumers shopping online at PayBright's e-commerce merchant partners.

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Kiwibank launches QuickPay mobile business app; opens accelerator

Kiwibank business customers will now be able to “get paid anywhere, anytime” thanks to the bank’s new mobile payment solution, Kiwibank QuickPay.

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Cardlytics appoints UK strategy and innovation lead

Cardlytics, a purchase intelligence platform that makes marketing more relevant and measurable, has expanded its senior team with the appointment of Jed Murphy as the new UK Head of Strategy and Innovation.

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HSBC Canada waives Interac transfer fees

HSBC Bank Canada (HSBC) is one of the first banks in Canada to fully waive the $1.25 Interac e-Transfer fee for its retail chequing and savings account holders – the latest in a series of moves by the 'World's Best Bank' to make banking simpler, better and faster for its customers.

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CYBG signs seven-year card deal with Mastercard

Mastercard and CYBG, owner of the Clydesdale Bank, Yorkshire Bank and B brands, today announced that they will extend their partnership, with CYBG switching all of their remaining Visa credit cards to Mastercard.

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Five million UK adults have cancelled credit or debit cards in the last year due to attempted fraud

One in ten UK adults (10%) have cancelled their credit or debit card in the last year due to attempted fraud, according to new research by comparethemarket.com.

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Antelop adds Visa token support to white label NFC mobile wallet platform

Antelop Solutions has just joined the Visa Token Service program as a certifying token requestor, enabling banks and card issuers to use its cloud-based HCE NFC payments platform to launch mobile wallets that fully comply with the latest Visa tokenization requirements.

In Europe, cash still dominates at the POS

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In Europe, cash still dominates at the POS

Cash still dominates at the point of sale in Europe, accounting for more than three quarters of all in store transactions in the euro area last year, according to an ECB study.

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Yandex.Checkout ships API

Russia’s leading payment aggregator Yandex.Checkout has launched a new technological platform that will help companies accept online payments faster than before, use the special offer system to increase sales, and receive key business analytics.

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