UnionPay: its days of domination may be under threat after a complaint in 2012 by the United States to the World Trade Organisation

The Chinese payment system UnionPay, operated by the People’s Bank of China and owned by the about 85 domestic banks, which dominates the credit card (...)

CGI of Block H in Central Park, Leopardstown: it will be completed in December 2016

Green REIT has moved swiftly to find tenants for the last available vacant office space at Central Park in Leopardstown, Dublin 18, completing contrac(...)

PennyOwl aims to teach children about money management

Children’s pocket money app PennyOwl has raised $1.3 million in funding, in a seed round that included support from Flipside Investments’ Richard Font(...)

The biggest share price gains for Visa and MasterCard over the past year have come in response to Chinese government policies that open the local payment card market to foreign players.  Photograph: Simon Dawson/Bloomberg

Global bank card operators including Visa and MasterCard can seek licences to clear domestic Chinese payments starting today, following a long-running(...)

With summer holidays fast approaching, it’s time to get your money organised. It may be one of the least exciting aspects of a visit abroad, but a lit(...)

MasterCard “is working with the European Commission on the issue as part of an ongoing constructive dialogue”, the company said.

MasterCard is poised to receive an antitrust complaint from European Union regulators probing card payment fees, according to sources.Regulators may s(...)

Modern banking business provides a kaleidoscope of financial products and services, and different methods of transferring funds, with electronic fund transfer (EFT) becoming increasingly popular and important

Most people use an electronic means of payment every day, whether it is using your credit-card to pay for lunch, paying utility bills via direct debit(...)

PennyOwl’s app will launch on Android and iOS in the US.

Irish startup PennyOwl is to launch its first app in the coming weeks. The company, which aims to teach children about money management through a po(...)

A man takes a picture of Motorola Moto X smartphones during the Mobile World Congress in Barcelona. Photograph: REUTERS/Albert Gea

The Irish made their presence felt at Mobile World Congress 2015 (MWC), announcing multimillion-euro deals and partnerships. More than 30 Irish compa(...)

When it comes to travel within Muslim regions, Malaysia is the most preferred global destination. Turkey, the United Arab Emirates, Saudi Arabia, Qatar and Indonesia followed Malaysia in choice holiday destinations. Photograph: Getty Images

Ireland is considered to be one of the least friendly places for Muslims to visit, according to the Global Muslim Travel Index, which has just been pu(...)