Daily news

03 Sep 20 @ 10:07

A new white paper claims the Indian e-commerce market is expected to top $100 billion by 2024. The report by Alvarez & Marsal India and the CII Institute of Logistics,... read more

03 Sep 20 @ 09:22

Globally, digital payments are expected to reach an annual transaction value of $4.4 trillion in 2020, with 17% CAGR through 2024.* With growth rates like this, it is not surprising... read more

02 Sep 20 @ 09:27

Visa and Vipps, the Norwegian digital wallet, announced a strategic partnership to accelerate mobile payments in Europe. Visa’s clients and partners will now be able to take advantage of the... read more

02 Sep 20 @ 08:40

Klarna has reported a ballooning net loss in H1 2020, as the company invested in an international expansion drive and set aside reserves to deal with credit losses amid the COVID-19... read more

01 Sep 20 @ 10:11

ibanXS, the cloud-based platform delivering PSD2 access to any European bank for Payment Initiation and Account Information services, is now connected with over 1,400 European banks. Through this network, ibanXS... read more

28 Aug 20 @ 12:39

Central bank digital currencies (CBDC) are receiving more attention than ever before. Yet the motivations for issuance vary across countries, as do the policy approaches and technical designs. A new... read more

28 Aug 20 @ 09:55

This week signified a major breakthrough for stablecoin payments. Much derided for the lack of speed and power needed to perform consumer payments, this week Coinify, Sygnum Bank and Galaxus... read more

26 Aug 20 @ 15:48

Ant Group is gearing up for an initial public offering (IPO) that could give it a valuation as big as Bank of America – with Alipay driving the price into... read more

26 Aug 20 @ 12:26

If you mentioned that Amazon was trying to take a foothold in the financial services and payments market, not many would be surprised. But what if you explained how deep... read more

26 Aug 20 @ 11:49

JP Morgan Chase has been reported to be preparing to launch a digital bank in the UK in Q1 2020. The rumours suggest that JP has signed up suppliers to... read more

25 Aug 20 @ 14:48

TrueLayer says it has recorded a massive increase in consumers using Open Banking Payment Initiation (PI) to pay for goods and services during the lockdown. PI is a new form... read more

25 Aug 20 @ 13:22

The blockchain industry is excited, very excited about a new (relatively) buzz word – decentralised finance  or DeFi as it is rapidly becoming know as. The industry is on the... read more