Barclaycard, which sees nearly half of the nation’s credit and debit card transactions, will be rolling out the deployment of the new £45 contactless limit across UK retailers from 1 April 2020.

The payments provider, which provides the technology to power over 150,000 terminals across the UK retail sector, is supporting the increased threshold to help prevent the spread of Coronavirus. Adjusting the contactless limit from £30 to £45 will allow more customers to make payments without touching card terminals or handling cash.

“The past decade has been a turbulent time for Bitcoin - we've experienced bull markets, bear markets, 10% swings (in both directions), China banning Bitcoin, China unbanning Bitcoin, China banning Bitcoin (again), China unbanning Bitcoin (again), hard forks, the “death of Bitcoin” more than 380 times... and more. Bitcoin is not immune, but it has become weathered to these events.
 

Planixs, the leading provider of real-time, intraday cash, collateral and liquidity management solutions, today announced that it has launched its global solution provider partner programme and invites financial services software providers to join.

Murex, the global leader in trading, risk and processing solutions for capital markets, is pleased to announce that its customer, National Bank of Canada (NBC), migrated its on-premises development and testing installations of MX.3 to Amazon Web Services (AWS). 

In an industry pressured by costs, evolving business expectations, and the need for faster time-to-market, the shift to AWS enables NBC, Canada’s sixth-largest bank, to modernize and repurpose precious resources, aligning them to high-value projects.

Unfortunately, there's really only one item of news these days: COVID-19. We're all sitting at our screens trying to carry on as normal, but at the same time watching helplessly as this disaster unfolds around us.

Coconut is a London based Fintech start-up, providing the ultimate accounting and tax tool for self-employed people.

Coconut was co-founded by Sam O’Connor and Adam Goodall, who understand that working for yourself can become a minefield when it comes to sorting out your finances, whether you’re a sole trader, freelancer or a small limited company. Instead of working on growing your business, you can end up spending far too much time trying to ensure you’re being paid on time, tracking your expenses and calculating your tax return.

The increasing number of mobile phone users and the massive growth of eCommerce have led to the rapid adoption of digital payments all over the world. Cashless payments have become an appealing alternative to many European consumers, as well, causing a significant impact on the payments industry traditionally dominated by cash, credit cards, and debit cards.

Path Solutions announced today that it had signed up MyBank Ltd., its second banking client for iMAL in Somalia, and indicated a stronger focus on the Somali market for Sharia-compliant software solutions and services to tackle financial exclusion in the country.

Mobey Forum, the global industry association empowering banks and financial institutions (FIs) to shape the future of digital financial services, today announces the formation of a new Expert Group to address how banks and other financial institutions (FIs) can strike the balance between data privacy, security and innovation in the age of Artificial Intelligence (AI).

With more businesses now suffering increased financial strain, Aaron Hughes looks at some of the ways under-pressure directors might misuse their Invoice Finance facilities – and how lenders can stem any potential losses.

Fraud attempts against lenders have been around for as long as there have been lenders. Disappearing with a loan, or pledging assets that aren’t quite what they seem, have been risks to banks since lines of credit were invented.