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P27 Nordic Payments Platform makes strategic acquisition of Bankgirot

06 Oct 20 @ 15:11

P27 Nordic Payments Platform, after having registered interest in 2019, has signed an agreement to acquire Bankgirocentralen BGC AB (Bankgirot), Sweden’s only clearing house for mass payments. Bankgirot, established in... read more

The growing role of artificial intelligence in digital payments

06 Oct 20 @ 09:44

Artificial Intelligence driven technology is gaining momentum in the digital payments market, both in backend operations and customer-facing payment systems. Over the past few years, the digital payments market has... read more

Banks, governments and crypto industry divided by cryptocurrency risk

05 Oct 20 @ 18:58

A new survey by RUSI and ACAMS has revealed how professionals in the cryptocurrency industry believe that governments are behind the curve on the perceived risks, opportunities, and regulation of... read more

ECB releases report on digital euro plans

05 Oct 20 @ 18:15

The European Central Bank (ECB) has released a report in which it states the importance they are placing on a potential digital euro which they are seriously considering and studying... read more

Italian heavyweights Nexi and SIA agree €15 billion merger

05 Oct 20 @ 13:55

Nexi, an Italian PayTech leader and SIA have signed a memorandum of understanding (MoU) regarding the integration of the two groups through the merger by incorporation of SIA into Nexi.... read more

Research Note: Global payments revenue to fall 7% in 2020

02 Oct 20 @ 15:44

The public health crisis triggered by COVID-19 has had an impact on nearly all aspects of daily life for people across the globe, has put the world economy on an... read more

Castles Technology announces the acquisition of Spire Payments

02 Oct 20 @ 14:59

Castles Technology has completed the acquisition of the business and assets of Spire Payments, the leading European based EFTPOS terminal solutions provider. With the acquisition of the business and assets... read more

SWIFT sets sights on new service for low value cross-border payments

01 Oct 20 @ 09:06

SWIFT says it has a new service to help banks improve the experience for small and medium-sized enterprises (SMEs) and consumers who send low-value payments across borders. SWIFT is working... read more

EU proposes new rules to force Big Tech to share data

30 Sep 20 @ 18:36

The European Union (EU) is reported to be preparing new rules that will force Big Tech companies to share their customer data with smaller rivals. Citing an early draft of... read more

EBA launches EU-wide transparency exercise

30 Sep 20 @ 18:19

The European Banking Authority (EBA) has launched its 7th annual EU-wide transparency exercise. The objective is to provide market participants with updated information on the financial conditions of EU banks... read more

Amazon launch Amazon One contactless vein palm technology – Should we use it?

30 Sep 20 @ 13:36

Amazon has launched a new vein palm payment system, Amazon One, for physical shops which uses a simple, contactless wave of the hand. The Amazon One scanner registers an image... read more

Worldwide wearables market to maintain double-digit growth through 2024

29 Sep 20 @ 14:06

Global shipments of wearable devices are expected to total 396.0 million units in 2020 according to new data from the International Data Corporation. This marks a 14.5% increase from the... 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