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All payments news

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SWIFT to provide SEPA infrastructure for UK


10 February 2015 London
Reporter: Stephanie Palmer

SWIFT has been selected by the UK payments council to act as vendor for the SEPA IBAN-only central infrastructure platform...
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CHAPS reduces low-volume costs by 50 percent


23 January 2015 London
Reporter: Stephanie Palmer

CHAPS has reduced its participation fees by 50 percent, making payments more cost-effective for existing and prospective low-volume direct participants...
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SWIFT delivers messaging rebate


06 January 2015 Brussels
Reporter: Stephanie Palmer

SWIFT has announced a 10 percent rebate of messaging fees, which will return about €30 million to its users...
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Juniper report predicts rise in mobile commerce


17 September 2014 Basingstoke
Reporter: Stephanie Palmer

More than 2 billion people will use a mobile phone or tablet for some form of e-commerce transaction by the end of 2017, according to a report from Juniper Research...
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Travelex renews contract with Wincor Nixdorf


17 November 2014 Bracknell
Reporter: Becky Butcher

Travelex has renewed its contract with Wincor Nixdorf to provide payment processing services for its ATMs for another seven years...
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PSR announces regulation strategies


14 November 2014 London
Reporter: Stephanie Palmer

The Payment Systems Regulator has announced its strategy to regulate the £75 trillion payments industry when it becomes fully operational on 1 April 2015...
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CHAPS crash sparks Bank of England investigation


21 October 2014 London
Reporter: Stephanie Palmer

The Bank of England has launched an official investigation in to the failing of the CHAPS system that halted payments to thousands of customers...