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Intuit set to sue Visa and Mastercard over anti-competitive interchange fees

24 Feb 21 @ 17:33

Intuit, a US business and financial software company that develops and sells financial, accounting, and tax preparation software is reported to be suing Mastercard and Visa for fixing interchange fees... read more

Open Finance trends across Latin America in 2021

24 Feb 21 @ 16:54

A new report aims to better understand how the Open Finance ecosystem is evolving in Latin America. With this goal in mind, it looks at the trends that will impact... read more

Report: Open Banking a global revolution or evolution?

23 Feb 21 @ 17:17

Open Banking, which allows third-party providers to access the financial information of banking customers through Application Programming Interfaces (APIs), was launched with the aim of providing customers with more tailored... read more

What is the potential impact of a digital euro on the financial system

23 Feb 21 @ 17:00

Throughout history, innovations in money have challenged and altered the structure of the financial system, but perhaps non more so than the concept of a digital euro. Time and time... read more

Pandemic prompts UK shoppers to turn their backs on credit and BNPL

23 Feb 21 @ 16:18

New research points to changing payment habits among online shoppers. A European study of 10,000 consumers and 1,000 merchants found that seven out of ten (71%) UK shoppers now prefer... read more

How has the regulatory landscape for the finance industry changed in 2020 – early 2021?

22 Feb 21 @ 15:19

Almost all countries increased regulation of the crypto finance industry in 2020. The COVID-19 pandemic provoked a significant boost of digital crimes, including money laundering, terrorist financing, online black marketing... read more

COVID drives explosive market growth of digital identity through face verification and liveness detection

22 Feb 21 @ 15:17

COVID-driven acceleration of digital transformation has intensified the need for secure, reliable and trusted digital identity. Citizen and consumer embrace of “digital first” and “digital only” in the wake of... read more

Davos and digital currencies – What world leaders think of cryptocurrency

22 Feb 21 @ 15:16

Digital currencies, whether these are central-bank issued, price-stabilised cryptocurrencies (“stablecoins”), or non-stabilised cryptocurrencies such as Bitcoin, are poised to have an impact on the financial system. In recent months we... read more

Banking Circle identifies evidence of increased costs for EUR payments from UK as a result of Brexit

22 Feb 21 @ 15:15

Banking Circle has identified an issue affecting some financial institutions handling cross border transactions from the UK to the EU. It seems Brexit has caused a number of EU banks... read more

Top ten global banks lost $23 billion in brand value in 2020

16 Feb 21 @ 17:54

Difficult economic trading conditions and the challenger banks’ evolution of last year has sliced a share of the leading traditional banks’ brand value. The pandemic ushered in a new era... read more

Report: Results of the third BIS survey on central bank digital currency

16 Feb 21 @ 17:44

Most central banks are exploring central bank digital currency (CBDCs), and their work continues apace amid the Covid-19 pandemic. As a whole, central banks are moving into more advanced stages... read more

girocard hits new highs in Germany as population moves to contactless payments

12 Feb 21 @ 16:07

Germany’s girocard remains on the road to success in a year defined by the COVID-19 pandemic, with almost 5.5 billion transactions in 2020, it reached a new high at the... read more

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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

UK Banks complete first live transactions using Tokenised Deposits

27 Sep 26 @ 18:52

Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more