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Payments report: Regional payments revenue growth estimates Europe + North America

03 Nov 20 @ 16:36

In an earlier review of the Global Payments 2020 PCM looked at the impact of COVID-19, modelling three scenarios for payments revenue growth estimates. In the next two posts PCM... read more

Ant $37 billion IPO iced by shock withdrawal of Shanghai Stock Exchange

03 Nov 20 @ 13:54

According to news reports, Ant Group’s $37 billion IPO is to be forcibly withheld by The Shanghai Stock Exchange, after four Chinese regulators summoned Jack Ma and other Ant executives... read more

ACH Network volume increases 9% in Q3 as payments volume rebounds

02 Nov 20 @ 19:52

The ACH Network had exceptionally strong growth in Q3 2020, with a resurgence of commercial volume even as some government assistance payments have largely concluded. Volume on the ACH Network... read more

Payment as a Service market set to hit 25.7 billion with CAGR of 16.9%

02 Nov 20 @ 19:25

The global payment as a service (PaaS) market size was valued at $6.2 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 16.9%... read more

Italy’s Nexi makes $8 billion take over bid for Nets

02 Nov 20 @ 13:02

Nexi, Italy’s biggest payments group has entered into merger talks with Nets over a potential $8 billion take over in hot pursuit of the multi-billion euro deal last month with... read more

JPMorgan Chase goes live with its digital currency JPM Coin

30 Oct 20 @ 16:29

On the heels of PayPal announcing it will enter the crypto sector, JPMorgan Chase announced that its digital currency offering, JPM Coin, is finally ready for deployment. The token .... read more

European banks raise internal concerns over COVID-19 related insider threat fraud

28 Oct 20 @ 11:00

Europe’s banks and cybersecurity experts are warning of a growing challenge due to insider threat fraud, warning of the high costs associated for organizations that fall victim to this form... read more

Amazon Shopper Panel: snooping platform for purchases made at competitors

27 Oct 20 @ 16:54

Amazon is reported to have launched a market intelligence platform called Amazon Shopper Panel to gather data on competitor retailers. They say that participation (by which they mean gathering reams... read more

Visa Tap to Phone contactless payment platform goes live worldwide

26 Oct 20 @ 16:21

After piloting Visa Tap to Phone over the past year, the company has announced the product availability in more than 15 markets with plans to expand to the US and... read more

Ant group heads towards record breaking IPO

26 Oct 20 @ 08:20

Jack Ma’s Ant Group has set its sights on raising more than $34 billion in its initial public offering (IPO), putting the Chinese payments group on course to beat Saudi... read more

Mobile wallet transactions in India to exceed $1.36 trillion by 2024

22 Oct 20 @ 11:29

Mobile wallet adoption is hotting up and gradually displacing traditional payments forms such as cash and cards in India. This has become even more prevalent during the current COVID-19 crisis... read more

PayPal takes cryptocurrency mainstream with access to its network

22 Oct 20 @ 11:09

PayPal announced it will allow customers to hold bitcoin and other cryptocurrency in its wallet and shop using cryptocurrencies at the 26 million merchants on its network. The new service... 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