Daily news

Showing Latest Daily news

McKinsey predicts payments revenues to enter negative decline

02 Apr 20 @ 16:08

As the catastrophic human costs of the coronavirus come into clearer focus, so too do the consequences for people’s well-being beyond the immediate imperative to safeguard lives. Taking care of... read more

Banque de France begins testing digital Euro CBDC

02 Apr 20 @ 15:48

The Banque de France, France’s central bank, has begun testing its Central Bank Digital Currency (CBDC) in the form of a digital Euro, according to an official announcement. The topic... read more

The future of disruptive FinTech post COVID-19

02 Apr 20 @ 15:42

Finch Capital a FinTech VC, has published a report in which it notes the challenges and opportunities that the sector will face both during, and after, the crisis. Covid-19 is reframing... read more

COVID-19: The impact of coronavirus in consumption habits

01 Apr 20 @ 12:27

In order to contribute to the understanding of the transformation of consumer behaviours in context of the Coronavirus’ (COVID-19) crisis, and its impact on the economy and society in general,... read more

Qatar Central Bank launches Qatar Mobile Payment System

31 Mar 20 @ 13:22

Qatar Central Bank (QCB) has launched the “Qatar Mobile Payment System” (QMP), which provides a new and safe method for immediate electronic payment, after completing the infrastructure and all the... read more

MYHSM and OpenWay rethink payment security in the cloud

31 Mar 20 @ 12:50

A growing number of banks and processors are choosing to adopt a cloud architecture for their payment solution. This is especially relevant for greenfield projects where a company launches a... read more

E-commerce payment fraud to exceed $25 billion annually

30 Mar 20 @ 13:18

A new study has found that merchant losses to e-commerce payment fraud will exceed $25 billion in 2024, from just of $17 billion in 2020, despite the ongoing implementation of... read more

Coronavirus delays Visa interchange fee restructure

30 Mar 20 @ 12:02

In early February we reported that Visa was planning a complete overhaul of its interchange fee structure that merchants pay to accept its cards, hoping to persuade more people to... read more

Open Banking trends in Europe 2020 – PSD2’s impact on payment services

30 Mar 20 @ 10:25

The adoption of the revised Payment Services Directive, PSD2, in January 2018 first set the stage for Open Banking in Europe. Since that time, Europe has had a unique legal... read more

SDK.finance offers one year payment deferral for FinTech software

30 Mar 20 @ 09:26

SDK.finance, a financial technology provider, has announced a one year payment deferral for all companies with financial licenses issued by any country of the European Union and the United Kingdom.... read more

GSMA Report: The state of mobile money 2020

27 Mar 20 @ 13:59

2019 marked a major milestone for the mobile money industry: the number of registered mobile money accounts surpassed 1 billion. Reaching the 1 billion mark is a tremendous achievement for... read more

UK cash usage halves due to COVID-19

25 Mar 20 @ 13:25

Fresh reports from LINK, the operator of the UK’s biggest network of ATMs, say cash usage in Britain has halved in the past few days. The closure of shops, a shift... read more

Trending

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