In an open letter to the UK’s Financial Conduct Authority (FCA), the UK’s Emerging Payments Association has warned of lasting damage to the UK’s financial technology sector as a result […]
While millions of pre-paid card users have seen their funds frozen as a result of the Wirecard scandal, some using cryptocurrency-based debit cards have been able to retain access to […]
The effects of Wirecard’s collapse are now rippling around the world, depriving millions of workers in the global freelance economy from access to their money. Many of those without formal […]
When you place money on deposit you expect to get it back. Many people say that’s the original concept of banking: you pass your funds across a desk into safe […]
Brazil’s central bank has put an apparent stop to Facebook’s payments plans in the country only a week after the tech giant announced the launch of a new WhatsApp-based digital […]
The Bank for International Settlements (BIS) has issued a rallying call for countries to prevent the emergence of powerful new monopolies in the form of digital platforms run by large […]
Big tech firms like Google, Facebook, Apple, Alibaba and Tencent want our payments data. Are we right to share it with them? “The entry of BigTechs into the provision of […]
The United States’ position at the centre of global financial system is at risk because of the country’s ageing money infrastructure, according to a former government insider. “We must future-proof […]
There’s no sign of a let-up in tech mogul Mark Zuckerberg’s push into payments. Facebook announced today that its WhatsApp messenger service has started offering in-app digital payments for users […]
Most of us are so used to the concept that saved money grows by earning a positive rate of interest that the idea of negative interest rates comes as a […]