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ATM report: How will the ATM survive the digitisation of payments

12 Oct 20 @ 15:44

2020 marks the 13th edition of the ATM and Self-Service Software Trends report. And for the self-service banking segment, what a year it’s been already. The second decade of the... read more

EuroCommerce and ECPA respond to EU retail payments strategy

12 Oct 20 @ 09:39

In a recent statement, EuroCommerce – the European retailers’ association – has welcomed the EU’s retail payments strategy (RPS) and plans for European banks to collaborate in a European Payments... read more

UnionPay accounts for 45% of global cards spending – Visa still on top

09 Oct 20 @ 16:06

New research shows that spending on payment cards continues to grow strongly, expenditure rose by 13% to reach $35 trillion in 2019. There were a number of factors driving this... read more

Why Apple’s payments business could be their next billions dollar revenue stream

09 Oct 20 @ 15:23

Payments could be Apple’s next multibillion-dollar business according to Krish Sankar a Cowen analyst. In a research note this week he notes that the three elements of the business, Apple Pay, Apple Card and Apple... read more

Group of seven powerful central banks publish report on CBDC

09 Oct 20 @ 09:45

A group of seven central banks together with the Bank for International Settlements (BIS) has published a report identifying the foundational principles necessary for any publicly available CBDCs to help... read more

Payments report: COVID-19 payments revenue growth scenarios modelled

08 Oct 20 @ 13:14

Payments players are used to operating in an instant and real-time world, but few could have anticipated the crushing speed of the pandemic or its devastating toll. With economic life... read more

ECB proposes cross-currency instant payments pilot with Sveriges Riksbank

08 Oct 20 @ 13:00

The ECB has announced that it will investigate how TARGET Instant Payment Settlement (TIPS) could support instant payments transactions across different currencies. The investigation will begin as of October 2020... read more

Goldman Sachs closes in on $2.5 billion GM credit card portfolio acquisition

08 Oct 20 @ 12:41

Goldman Sachs is rumoured to be closing in on the acquisition of General Motors’ credit card business Goldman will pay about $2.5 billion for the portfolio, which has roughly that... read more

World Payments Report 2020: COVID-19 drives transformation

06 Oct 20 @ 17:10

The latest version of the World Payments Report has been released today, payment firms are being pushed rapidly into transformation, even as they handle larger transaction volumes, face increased competition... read more

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

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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