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Global real-time payments transactions surge 41% in 2020

18 Apr 21 @ 12:55

More than 70.3 billion real-time payments transactions were processed globally in 2020, a surge of 41% compared to the previous year, as the COVID-19 pandemic dramatically accelerated trends away from... read more

Additional $900 billion spent on e-commerce at retailers globally in 2020

15 Apr 21 @ 16:27

As Covid-19 kept consumers around the world at home, nearly everything from groceries to gardening supplies was purchased through e-commerce channels. According to Mastercard’s latest Recovery Insights report, this amounted... read more

The Kalifa Review: How can the UK consolidate its global leadership

15 Apr 21 @ 15:49

Worldwide, FinTech is hailed as the future of finance. From the evolution of Open Banking platforms to the use of artificial intelligence, FinTech revolutionises the global economy by changing the... read more

Mobile Finance Apps downloads spike 15% to 4.6 billion in 2020

15 Apr 21 @ 15:37

Liftoff has released its annual Mobile Finance Apps Report in partnership with App Annie. The global COVID-19 pandemic drove a year of intense economic uncertainty, and users turned increasingly to... read more

Facial recognition for payments authentication to hit 1.4 billion users

14 Apr 21 @ 15:52

A new study has found that the number of users of software-based facial recognition to secure payments will exceed 1.4 billion globally by 2025, from just 671 million in 2020.... read more

Modern bank heists: Financial institutions being held hostage

13 Apr 21 @ 16:53

The modern bank heist has escalated to a hostage situation over the past year. The new goal of attackers is now to hijack a financial institution’s digital infrastructure and to... read more

Leveraging the Dark Web to strengthen internal security

13 Apr 21 @ 16:30

Virtual, underground marketplaces operating on the Dark Web generate billions of dollars worth of illegal business – from selling drugs to stolen credit card data, to intellectual property and more.... read more

Barclays discontinue mobile wallet Pingit – another one bites the dust

13 Apr 21 @ 16:22

Joining a group of other big brands that have had to shelve their mobile wallet, Barclays have announced that after 10 years they will sunset the iconic Pingit, one of... read more

Russian central bank sets up CBDC trial of Digital Ruble for 2022

12 Apr 21 @ 16:10

Russia’s central bank, the Bank of Russia says it will test a digital Ruble in 2022, marking another major governments interest into the voracity of testing CBDC. First Deputy Governor... read more

Citi Bank and JP Morgan set up trials for cross border transfers with blockchain

12 Apr 21 @ 15:36

As we see the market place shifting to a more trusting view on blockchain technology, both Citi Bank and JP Morgan have both announced trial of the technology for cross... read more

The European Commission Inception Impact Assessment on real-time payments in the EU

12 Apr 21 @ 13:19

On March 10, 2021, the European Commission (EC) published an Inception Impact Assessment (IIA) on the Commission’s planned initiative on real-time payments in the EU. The IIA was open for feedback... read more

Payments Cards & Mobile Jobs of the Week

12 Apr 21 @ 09:00

Looking for a new job can be really exciting, but also tricky. It doesn’t happen overnight (well, most of the time anyway). People usually say that looking for a job... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more

Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more