Latest Payments & Fintech News And Insights

The Paypers covers the latest global news and analyses on payments, ecommerce, fintech, and the digital economy

We report on global payments news and innovation in an increasingly digital economy. We’re on top of all payments and fintech news: payments infrastructure, payments systems, payments behaviours, ecommerce payments, Open Banking and Open Finance, Banking-as-a-Service, B2B payments, cryptocurrencies, fraud and financial crime prevention, along with breaking news on the digital economy. Follow us for the latest regulation updates, along with relevant company news on payments investments, product launches, partnerships, and mergers and acquisitions.

We report on global payments news and innovation in an increasingly digital economy. We’re on top of all payments and fintech

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What are variable recurring payments and how could they grow from here

Interviews | Online Payments | Published Thursday 06 Oct 2022 08:30 CET

In line with a mandate from the Competition and Markets Authority (CMA), the UK’s nine largest banks have begun rolling out variable recurring payments (VRP) APIs. TrueLayer’s Matt Parish explains why VRP makes recurring payments less cumbersome and how they could grow from here.

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What are variable recurring payments and how could they grow from here

Interviews | Online Payments | Published Thursday 06 Oct 2022 08:30 CET

In line with a mandate from the Competition and Markets Authority (CMA), the UK’s nine largest banks have begun rolling out variable recurring payments (VRP) APIs. TrueLayer’s Matt Parish explains why VRP makes recurring payments less cumbersome and how they could grow from here.

read more

Top Stories

Account opening and intelligence sharing: preparing for a new era of money mules

Expert Opinion | Digital Identity, Security & Online Fraud | 07 Oct 2022 09:50 CET
Pablo de la Riva Ferrezuelo, Feedzai’s Principal SME on Cyber and Digital Trust, outlines how banks can get ahead of fraudsters with shared intelligence to fight money mules.
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European Council approves Markets in Crypto Asset regulation (MiCA)

News | Cryptocurrencies | 07 Oct 2022 14:02 CET

The European Union has agreed on the legal text for licensed crypto firms, by passing the landmark Markets in Crypto Asset regulation (MiCA).


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SWIFT delivers plan on global CBDC network

News | Cryptocurrencies | 07 Oct 2022 13:51 CET
Financial messaging system SWIFT has laid out its blueprint for a global central bank digital currency (CBDC) network following an 8-month experiment on different technologies and currencies.
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EMVCo publishes specification for contactless and mobile payments

News | Payments General | 07 Oct 2022 13:29 CET
EMVCo has published a new specification to support the evolution of contactless and mobile payments and simplify global acceptance for merchants.
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Department of Trust and Yoti launch one-click affordability and identity verification

News | Digital Identity, Security & Online Fraud | 07 Oct 2022 13:28 CET
UK-based digital identity company Yoti and the Department of Trust, the financial KYC provider, have partnered to enable gambling operators to check identities in one click.
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Lufthansa chooses Worldline as global payments provider

News | Online Payments | 07 Oct 2022 12:33 CET
Global fintech activating on the payments and transactional services industry, Worldline, has been selected by aviation company Lufthansa Group to become its partner and payments provider. 
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Ondato partners with Radix Compliance

News | Digital Identity, Security & Online Fraud | 07 Oct 2022 12:13 CET
Ondato, a UK-based fraud prevention company has partnered with Radix Compliance, a Malta-based company focused on providing AML and KYC outsourcing.
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ZenLedger partners with BitPay for cryptocurrency payments acceptance

News | Cryptocurrencies | 07 Oct 2022 11:36 CET
US-based cryptocurrency tax management platform ZenLedger has started accepting cryptocurrency payments for its services using BitPay.
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Bizcuit and Rabobank to offer embedded lending

News | Online & Mobile Banking | 07 Oct 2022 10:54 CET
Bizcuit, a Netherlands-based financial administration company, and Rabobank have partnered to offer businesses integrated invoice financing.
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EBA CLEARING, TCH, SWIFT to test Immediate Cross-Border Payments (IXB)

News | Payments General | 07 Oct 2022 10:42 CET
EBA CLEARING, The Clearing House (TCH), and SWIFT have announced that they are to deliver the Immediate Cross-Border Payments (IXB) pilot service.
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Rupay cards and UPI QR code payments to be accepted in Oman

News | Cards | 07 Oct 2022 10:31 CET
NPCI International Payments (NIPL) and Central Bank of Oman (CBO) have signed a MoU to enable Rupay cards and QR code-based mobile payments in Oman.
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MAS launches ESG Impact Hub

News | Payments General | 07 Oct 2022 08:59 CET
The Monetary Authority of Singapore (MAS) has launched the ESG Impact Hub to spur collaboration between ESG fintechs and solution providers.
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ACCC to sweep the Internet targeting greenwashing

News | Ecommerce | 06 Oct 2022 15:29 CET
The Australian Competition and Consumer Commission (ACCC) is set to organise ‘Internet sweeps’ to identify companies that make false environmental and sustainability claims, also called greenwashing.
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Open Banking market to reach USD 123.7 bln by 2031—Allied Market Research

News | Online & Mobile Banking | 06 Oct 2022 15:12 CET
US-Based Allied Market Research has released a new report, revealing that the Open Banking market is expected to be worth USD 123.7 bln in 2031.
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Europe gives final greenlight to ecommerce regulation

News | Ecommerce | 06 Oct 2022 14:51 CET
European Union lawmakers have reportedly given their final approval to its ecommerce-focused regulation – The Digital Services Act.
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MoneyGram makes minority investment and partners with Jingle Pay

News | Mobile Payments | 06 Oct 2022 13:43 CET
MoneyGram has enabled global money transfers through the app of the UAE-based fintech Jingle Pay.
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Mastercard and Ravelin join forces

News | Digital Identity, Security & Online Fraud | 06 Oct 2022 13:26 CET
Mastercard and Ravelin, a UK-based machine learning (ML) fraud platform, have joined forces to deliver a fraud solution.
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Know Your Customer, Hawk AI to improve financial crime compliance

News | Digital Identity, Security & Online Fraud | 06 Oct 2022 12:49 CET
Regtech provider Know Your Customer and Germany-based AML company Hawk AI have partnered up to improve financial crime compliance in Fintech.
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Knab extends Worldline partnership with back-office processing

News | Payments General | 06 Oct 2022 12:43 CET
Netherlands-based online bank Knab has chosen Worldline for back-office processing when handling SEPA Batch payments and multi-currency payments.
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