ECB has announced its plans for a new instant payments and settlement system that will enable businesses and consumers to send money in real-time across 19 countries. The TARGET Instant Payments Settlement Service (TIPS) will go live in November 2018 and take...
Starling Bank is to launch a service that will allow companies to gain instant access to Britain’s payments systems so they can offer their customers real-time payments online or through mobile phones Square has started to take orders for its first debit card, a...
Apple is expected to launch its own mobile person-to-person payment service in 2017. According to a report in Recode, Apple has had discussions with Visa about creating its own prepaid cards which would run on the Visa debit network and would be tied to the new...
What’s happened in Banking last week Lloyds Banking Group has announced plans to reduce the size of hundreds of its branches. The new ‘micro branches’ will be staffed by two people, who will help customers to use machines, including pay-in devices. Some...
