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Latest Results from /payments

/payments

Apple launches Tap to Cash

Apple has unveiled a Tap to Cash feature that lets people send each other money simply by tapping their iPhones.

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Barclays and Lloyds'-backed Bink enters liquiditation

Bink, a loyalty app backed by Barclays and Lloyds Banking Group, has ceased trading after failing to attract fresh funding.

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UK Payments Association calls on new PSR chief to delay APP fraud rules

The UK payments industry has called on the new interim Payment Systems Regulator (PSR) chief to postpone the implementation of new APP fraud rules by a year, warning that failure to do so could lead to "permanent damage" to the sector.

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Visa rolls out subscription management service

Visa is rolling out a service for financial institutions to provide cardholders with a convenient way to manage and track their subscriptions.

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Santander customers warned about circumventing Facebook Marketplace scam prevention measures

Santander has found that come customers are circumventing new measures to stop bank transfers for Facebook Marketplace payments in cases where a customer has not seen the item in person.

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Revolut adds new in-app verification layer to counteract theft from stolen mobiles

Revolut has added an extra layer of in-app identity verification designed to protect customers who have had their unlocked phone stolen, or password and face recognition compromised.

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Visa and Mastercard set for card fee suit

A UK tribunal has ruled that interchange fee lawsuits against Visa and Mastercard can proceed.

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Capital One, Stripe and Adyen form fraud fighting partnership

Capital One, Stripe and Adyen have banded together on a free, open source product designed to help reduce fraud losses and false declines for merchants.

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56% of US companies offer faster payments; 35% planning to do so

According to a new US Faster Payments Council (FPC) report, more work is needed to ensure most faster payments products are financially inclusive.

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Mastercard taps open banking to ease account opening and updating

Mastercard has updated its Open Banking platform to enable people to automatically switch their direct deposits and update their recurring bill payments when they open or update an account.

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'Mastercard for Fintechs' to blaze a trail for startups across Western Europe

Mastercard has launched 'Mastercard for Fintechs', a dedicated programme for startups in Western Europe, offering access to technology support and educational tools alongside a series of fintech events with the opportunity to compete for the chance to win €50,000.

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Lawyers of Wirecard boss Braun down tools due to lack of funds

Markus Braun, the disgraced ex-boss of Wirecard, has been forced to rely on state provided legal support after his former lawyer quit because of lack of funds.