eMerchantPay has received authorisation from the FCA to issue pay-outs, e-wallets and prepaid cards in the UK. It has also joined the Prepaid International Forum Mastercard may face further legal action on interchange fees. Walter Merricks, the man leading a £14bn...
City of London Police have shut down a fraudulent cryptocurrency business that cold-called investors and attempted to sell them fake online money UK Finance has reported that more than a tenth of people aged between 25 and 34 used coins and notes no more than once a...
Bidco, a newly incorporated company jointly-owned and managed by Blackstone and CVC has reached an all-cash agreement to acquire online payments company Paysafe. The deal is expected to be completed in Q4 2017 Worldpay CEO, Philip Jansen, is to receive a £9.2m salary...
PayPal is to start issuing debit cards in Europe after negotiating a deal with Visa. Under the new arrangement, PayPal will offer PayPal-branded Visa debit cards which are expected to appeal to small businesses that carry balances in their PayPal account for buying...
RBR has reported that the number of payment cards worldwide increased by 8% to 14bn in 2016. According to RBR’s Global Payment Cards Data and Forecasts to 2022, UnionPay, Visa and Mastercard accounted for 80% of all cards in 2016. UnionPay increased its share of cards...
Visa Europe has reportedly offered Charlotte Hogg the post of chief executive. Ms Hogg was effectively forced to resign as deputy governor of the Bank of England in March 2017, after failing to disclose that her brother worked in a senior role at Barclays iZettle has...
