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Credit Card Issuers: Reviving the relevance of the credit card business

05 Mar 20 @ 16:46

At first glance, the credit card market looks healthy. In 2018, the average return on assets (ROA) for credit card issuers was 3.8%, more than twice the average ROA of... read more

Global Payments Report: North America payment trends

04 Mar 20 @ 16:48

North America has traditionally been a global innovator, consistently at the forefront of payment technology as well as retail and financial services. The region has relied heavily on the stability... read more

Mobile money accounts now higher than total Kenyan population

04 Mar 20 @ 12:48

It has been reported that Kenya has 58.4 million mobile money subscribers – more than the total population of Kenya. According to the 2019 census data, the country has 47.5... read more

Global Payments Report: Digital wallets account for 22% of global POS spend

03 Mar 20 @ 14:44

FIS has launched its annual Global Payments Report. Over the next few days PCM will bring you highlights broken down into regions with the most interesting analysis and statistics presented... read more

Digital payments – The next revolution in payments gathers pace…

03 Mar 20 @ 12:24

A love affair between consumers and their mobile phones is leading to explosive growth in new digital payments across Europe. More and more consumers are shopping across borders online and... read more

WHO pushes for contactless payments instead of cash to slow Covid-19

03 Mar 20 @ 11:08

Cash has long been know for its “dirty” origins, but now the WHO is warning against using cash and moving to contactless payments to slow the spread of Covid-19 or... read more

eBay set to begin managing its own payments in the UK

02 Mar 20 @ 17:25

As part of modernising its marketplace and creating a more streamlined experience for customers, eBay is expanding its management of payments to the UK. As part of the rollout this... read more

European financial infrastructures launch Cyber Information and Intelligence Sharing Initiative (CIISI-EU)

02 Mar 20 @ 17:07

A group of Europe’s largest and most important financial infrastructures, members of the Euro Cyber Resilience Board for pan-European Financial Infrastructures (ECRB), chaired by the European Central Bank (ECB), launched... read more

UK Neobanks near 20 million customers but customer and deposit growth rates slow

02 Mar 20 @ 16:54

Neobanks operating in the UK added more than 6 million new customers in H2 2019, ending the year with 19.6 million customers globally, according to Accenture’s Digital Banking Tracker. Accenture’s... read more

Why the EU delivered an AI strategy to support business and citizens

28 Feb 20 @ 09:24

The European Commission recently unveiled a detailed set of proposals that it hopes will establish the region as a leader in AI (artificial intelligence) by focusing on trust and transparency.... read more

The Riksbank in Sweden launches e-krona pilot

26 Feb 20 @ 17:36

The Swedish central bank has announced a trial for an e-krona targeted at the general public. The solution is developed by Accenture using the Corda enterprise blockchain. The central bank... read more

Global mobile wallet market value set to reach $1 trillion in 2020

26 Feb 20 @ 11:29

According to new data, the entire mobile wallet market is set to become a $1 trillion worth industry in 2020, growing by a massive 36.5% year-on-year. The strong rising trend... read more

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Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more