/payments
Bink, a loyalty app backed by Barclays and Lloyds Banking Group, has ceased trading after failing to attract fresh funding.
10 June 2024
/regulation
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.
Visa is rolling out a service for financial institutions to provide cardholders with a convenient way to manage and track their subscriptions.
/security
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.
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.
/ai
HSBC and BNY Mellon are among the early adopter programme participants for Quantexa's Q Assist context aware generative AI technology suite.
A UK tribunal has ruled that interchange fee lawsuits against Visa and Mastercard can proceed.
07 June 2024
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.
/inclusion
According to a new US Faster Payments Council (FPC) report, more work is needed to ensure most faster payments products are financially inclusive.
The US Department of the Treasury is seeking public comment on the risks and opportunities posed by the use of AI in financial services.
/retail
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.
/startups
Opening the final day of Money 20/20 Europe was a session exploring whether treasury management is broken.
06 June 2024
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