Daily news

09 Mar 23 @ 16:36

Aite-Novarica research reveals that payment technology is an important area of growth and innovation within the commercial banking space, and legacy systems cannot support end-user demand for better payment capabilities.... read more

09 Mar 23 @ 11:56

On the 3rd of March Payments Cards & Mobile reported on the dangers of banks betting big on the cryto boom and the possible fall out from that bet. Today,... read more

09 Mar 23 @ 09:51

Mercedes-Benz customers in Germany are now able to authenticate payments via an in-car fingerprint sensor. Mercedes bought PayCash Europe back in 2017 with the intent on launching in-car payments. With... read more

08 Mar 23 @ 18:04

The Central Bank of Brazil will start a CBDC pilot project, aiming to replicate the success of its instant payment system Pix and help further popularise financial services in the... read more

08 Mar 23 @ 17:36

When compared to the same report launched in February 2022, Essential card spending grew by 6.7% in February 2023, driven by Grocery spend growth at 6.6%. Fuel spend grew by 5.0% in February 2023, down from 9.3% in... read more

07 Mar 23 @ 17:45

A study has found that the number of consumer instant payments, any payment outside of a card network that is capable of receiving funds in 10 seconds or under, will... read more

07 Mar 23 @ 17:28

The Bank for International Settlements (BIS) and the central banks of Israel, Norway and Sweden have concluded Project Icebreaker, which studied the potential benefits and challenges of using retail central... read more

06 Mar 23 @ 17:41

UK financial services organisations are collectively spending £34.2 billion each year on financial crime compliance (FCC), according to the latest True Cost of Compliance report from LexisNexis Risk Solutions. This... read more

06 Mar 23 @ 16:43

10 major Japanese Tech and Finance powerhouse have joined together to launch the Japan Metaverse Economic Zone. The companies have signed a basic agreement for the building of an Open... read more

03 Mar 23 @ 17:54

As previously announced, the Reserve Bank of Australia is collaborating with the Digital Finance Cooperative Research Centre (DFCRC) on a research project to explore potential use cases and economic benefits of... read more

03 Mar 23 @ 17:38

Just days after announcing that it is at the “finish line” of winning a UK banking licence, and accounts revealed its first annual profit, Revolut could be in serious trouble.... read more

03 Mar 23 @ 17:23

Silvergate, the small time US lender that bet big on crypto, has announced huge losses and may have to wind down according to its annual report, and serves as a... read more