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NCR increases offer to seal ATM operator Cardtronics deal

11 Jan 21 @ 12:26

NCR has upped its offered to buy Cardtronics to more than $1.7 billion, beating an former bid in late 2020 for the ATM operator by Apollo Global Management. NCR, proposed a... read more

Major gaps in UK online banking security systems exposed

07 Jan 21 @ 18:21

A new report says that major safety gaps in the online banking security systems of some of the UK’s biggest banks have been exposed by a new investigation by consumer... read more

PayPal wins prepaid and digital wallet case against U.S. CFPB

07 Jan 21 @ 18:07

A federal judge has invalidated part of a U.S. Consumer Financial Protection Bureau rule governing prepaid cards and digital wallets, emphatically agreeing with PayPal that the agency overstepped its authority.... read more

E-commerce in Africa: can the promise of the continent be fulfilled?

06 Jan 21 @ 16:58

In a recent issue, PCM’s lead feature examined the potential and risks associated with African payments. Now research from global payments firm PPRO claims to show that Africa and the... read more

Domestic Schemes matter: acquirers and merchants should not overlook them

05 Jan 21 @ 19:54

Amidst all the hype about new payments methods and channels, it’s easy to ignore smaller, single-market players – but to do so would be a mistake. Domestic payment schemes accounted... read more

Brexit is done – what are the impacts on the payments industry?

05 Jan 21 @ 17:53

Brexit is done, and its done with a trade deal. We look at what this means for payments in the short to medium term, from passporting rights to staffing, interchange... read more

US Banks may use stablecoins for payment activities

05 Jan 21 @ 16:59

The Office of the Comptroller of the Currency (OCC) has published a letter clarifying national banks’ and federal savings associations’ authority to participate in independent node verification networks (INVN) and... read more

A regulator with no teeth? Ant Group forced to break up by PBoC

04 Jan 21 @ 17:39

China’s central banking regulator, the People’s Bank of China, is reported to be accelerating plans to bring Ant Group closely under its control as part of a “rectification” drive that... read more

The global state of Neobanks

04 Jan 21 @ 17:04

In 2018, there were 60 worldwide digital challenger banks, the so called Neobanks, that had launched up to that date. Now, only three years later, that number has increased by... read more

Bitcoin hits all time high – then retreats back

04 Jan 21 @ 16:12

Bitcoin surged through the $34,000 mark for the first time, extending a record-breaking rally in the volatile cryptocurrency that delivered a more than 300% gain last year. With trading in... read more

Robinhood hit with $65 million fine from SEC

18 Dec 20 @ 11:51

Robinhood has been forced to pay $65 million to settle charges from US securities regulators that it failed to provide its customers with the best prices for trades on its... read more

Domestic Australian payments networks to merge

18 Dec 20 @ 10:33

The group of three domestic Australian payment organisations are set to merge forming a new company to create a “stronger, unified entity that will aim to reduce costs, increase innovation... 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