One in three UK consumers (32 percent) would like to see a further increase of the current £45 contactless spending limit, according to a YouGov survey of more than 2,000 UK consumers commissioned by ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payments software and solutions. Among those in favour of an increase, 40 percent say they want the limit to increase to £100.

VibePay is continuing on its ambitious path of growth, with the integration of more UK banks and payment providers via open banking, and a business account function in its newly launched social payments app.

With 24 banks now integrated with the app, including new additions Starling, Capital One and Tesco, VibePay is aiming to boost engagement with its 50,000 users and drive more sign-ups amongst its Gen Z audience.

Neo & Partners Global, a finance & technology group serving the capital markets sector buy-side community of commodity trading advisors, family offices, fund management companies and proprietary trading firms, announced today that its Trading-Atrium, has won Best Electronic Trading Business Ecosystem 2020 at the coveted APAC Insider 2020 South East Asia Business Awards alongside pas

Mswipe announced today the launch of Bank Box, a digital acceptance and payment solution designed to meet the cost-centric needs of MSMEs and merchants, as well as provide for a seamlessly integrated experience. Through this launch, Mswipe aims to pave the way for a futuristic payment solution platform and address key challenges that merchants and MSMEs face, with recurring costs on POS terminals like PoS rentals and Merchant Discount Rate (MDR).

Marqeta, the world’s first global modern card issuing platform, announced the release of its new 3D Secure solution. Marqeta 3D Secure will not only help card issuers meet regulatory requirements of Strong Customer Authentication (SCA) under the Payment Services Directive 2 (PSD2) in certain markets, it will also enable these issuers to create tailored cardholder authentication experiences that can help reduce online fraud. 3D Secure is an authentication protocol developed by the card networks.

Biometrics has come a long way since it was first used in an Argentinean court case in the late 1800s.

Around the world, many countries now face a new period of uncertainty caused by the Covid-19 pandemic. While regional lockdowns had temporarily started to ease, the prospect of a second wave has caused some countries to reintroduce restrictions – a situation which may be ongoing and become a ‘new normal’ as part of the global effort to combat the virus.

The launch of a new app-based exchange feature by Edinburgh-based Zumo, the cryptocurrency wallet and exchange platform, has led to a surge in user demand as new investors continue the move towards bitcoin. 

The Zumo App’s GBP exchange function allows users to easily buy, sell, send and spend cryptocurrencies including Bitcoin and Ethereum without the need to use an intermediary such as a bank. Added to Zumo’s fully decentralised approach to user information, the launch of the exchange function marks a UK first for Zumo among its competitors. 

Reuters Events have launched their flagship Canadian insurance event, The Future of Insurance Canada. This online meeting represents the industry’s most senior strategic conference, uniting top decision makers from across the insurance ecosystem. This one-of-a-kind event comprises of 2 days of C-level-led, executive discussion focussed on the huge wave of innovation in the Canadian market. This includes the challenges and opportunities that are presented to the insurance sector in North America right now.