Editorial credit: Evgeniy Agarkov / Shutterstock.com Lloyds Bank has formed an industry working group with Chargebacks911 and other payment platforms to tackle the growing issue of scams involving fake websites. This move…
Tag: bank
Crown Agents Bank enlists Visa Direct to step up cross-border ambitions
antoniohugo Visa is keeping up the pace on what has proved to be an active year for the international payments company, announcing its latest partnership this morning. The company’s Visa Direct real-time…
Bank of Israel grants Revolut access to payment rail
Credit: eskystudio / Shutterstock The Bank of Israel has granted UK fintech Revolut access to its payment rail as it becomes the second global fintech to receive an identification code. The issuance…
Bank of Ireland sees 76% rise in investment fraud
Editorial credit: Shutterstock.com The Bank of Ireland has issued a warning after its data showed a significant surge in investment fraud attempts in the first half of 2024 compared to the same…
HSBC commits to keeping local bank branches open until 2026
Editorial credit: Shutterstock.com British banks are facing mounting pressure to ensure continued access to cash for the general public, leading some to commit to maintaining branches open. According to The Mail on…
Bank of Ghana probes using CBDCs to overcome trade barriers
Editorial credit: Shutterstock.com The Bank of Ghana (BoG) has finalised a proof-of-concept to explore using digital credentials for international trade and cross-border payments with central bank digital currencies (CBDCs). This progress was…
Bank of England outlines blockchain, stablecoin & CBDC plans
The Bank of England’s (BoE) latest discussion paper surrounding various payment and digital asset innovations reveals that whilst the central bank is exploring these areas, it still has its guard up to…
ING continues push to be “best European bank” with new CTO
credit: Shutterstock Dutch bank ING has confirmed the appointment of Daniele Tonella as its new Chief Technology Officer to continue its push to become Europe’s leading bank. As well as becoming a…
Bank of Israel CBDC challenge ‘sparks significant interest’ from global fintech
Credit: eskystudio / Shutterstock The Bank of Israel has become the latest national bank to probe Central Bank Digital Currencies (CBDC) amid a global surge in interest in digital currency. Various central…
Bank of Canada: Cash and card payments still high among Canadians
Credit: sockagphoto / Shutterstock Canadian consumers’ payments preferences have changed little over recent years according to the Bank of Canada, which found continued demand for cash and debit card payments. The bank’s…