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Project Helvetia – BIS and Swiss National Bank say CBDC experiment successful

10 Dec 20 @ 17:11

The Bank for International Settlements’ Innovation Hub (BISIH) Swiss Centre, the Swiss National Bank (SNB) and the financial infrastructure operator SIX say the completion of a joint proof-of-concept experiment that... read more

Global e-commerce transactions increased 21% YoY – Fraud keeps track

10 Dec 20 @ 16:51

New benchmark data reveals a 21% increase in e-commerce transactions globally in November 2020 compared to November 2019. This was driven by strong consumer demand for household items and services,... read more

Banks suffer post COVID-19 consumer crisis of confidence

08 Dec 20 @ 09:17

The replacement of in-person branch interactions with impersonal digital transactions through online and mobile channels during the COVID-19 pandemic has accelerated the ongoing erosion of consumer trust in banks, according... read more

BPC emerges as leader in 2020 Quadrant’s SPARK Matrix for card management

08 Dec 20 @ 09:13

BPC is proud to announce that it has emerged as a leader in the 2020 SPARK Matrix for card management. For over 25 years, BPC, a leading provider of digital payment... read more

Banks struggle to keep up in race for payments supremacy

07 Dec 20 @ 18:58

A new report states that senior payments executives at banks feel like they are locked in a payments technology arms race. They also worryingly describe themselves as held back by... read more

Gen Z report offers insights on winning over the mobile generation

07 Dec 20 @ 13:20

App Annie has released a report on Generation Z, How to Build a Winning Gen Z Strategy on Mobile, that reveals the mobile habits of this generation to help businesses... read more

BBVA and Sabadell abandon merger – EU consolidation is going to be tough

03 Dec 20 @ 13:19

BBVA, Spain’s second-largest lender by assets, and smaller Banco de Sabadell have ended their merger talks due to  disagreement over pricing. Despite numerous calls for consolidation, the Spanish example underlines... read more

EPSM advocates a gradual SCA ramp up as of January 2021

03 Dec 20 @ 09:55

At the end of this year, the transitional exemption on PSD2-SCA for e-commerce card payments will end. EPSM, the European trade association representing the interests of payment service providers for... read more

SCA: Secure multi-factor authentication for online banking and payments

03 Dec 20 @ 09:00

Since September 2019, PSD2 RTS for Strong Customer Authentication (SCA) applies in the European Union. This revised Payment Services Directive makes SCA mandatory for banks and any sensitive operations, with... read more

ECB PISA framework: New oversight requirements for payment schemes and arrangements

02 Dec 20 @ 12:39

On October 27, 2020, the European Central Bank (ECB) issued a public consultation (Consultation) on its draft oversight framework for electronic payment instruments, schemes, and arrangements (PISA). The Consultation invites feedback on... read more

Banking Circle supports merchants ahead of the big Christmas sales push

02 Dec 20 @ 11:10

Following the launch of USD collections for Amazon in the US, Canada and Mexico earlier this year, financial infrastructure provider Banking Circle is now providing USD collections for sellers across... read more

EPC publishes first SRTP scheme rulebook

01 Dec 20 @ 16:28

Following a three-month public consultation, and in close collaboration with stakeholders from the entire payment value chain, the EPC has published the first version of the Single Euro Payments Area... read more

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Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more