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75% of European banks to move parts of payments value chain to SaaS

02 Nov 22 @ 11:17

A new study from Tietoevry Banking reveals that European banks will accelerate outsourcing in response to the rapidly changing end-user payment pattern and competitive landscape. The European banking payment landscape... read more

Klarna Australia adds to company woes with “catastrophic” losses

01 Nov 22 @ 17:56

Klarna Australia has added to the already disastrous set of reporting from its main company by reporting $56 million in losses last year. The result has been described as “catastrophic”... read more

Three-quarters of European banks to outsource payments infrastructure

01 Nov 22 @ 15:00

A new study from leading banking and payments infrastructure specialists Tietoevry Banking reveals that almost three-quarters (73.2%) of European banks intend to outsource parts of their payments infrastructure over the... read more

One in eight consumers have experienced BNPL fraud in UK

01 Nov 22 @ 14:17

New research shows that only a third of UK consumers trust Buy Now Pay Later (BNPL) services to protect their data having suffered BNPL fraud. The UK study, by Callsign,... read more

Visa, Mastercard and AmEx go big on earnings – Discover down

31 Oct 22 @ 18:04

Its that time again…and its been another stellar quarter for most of the big payments companies even as the rival Big Tech sector has seen a sell off. Strong consumer... read more

Nordic Payment Report 2022

31 Oct 22 @ 17:10

Nets, has published its Nordic Payment Report 2022, revealing a strong recovery for face-to-face payments, particularly in hospitality and transport sectors, as mobile payments gain ground at physical points of... read more

Swiss National Bank have made losses of 142.2 billion Swiss francs in 2022

31 Oct 22 @ 16:28

If you thought you were having a bad day or you think that the Bank of England is having a rough time controlling its self what would you say if... read more

Digital wallets boost business in emerging markets

30 Oct 22 @ 14:39

In the first blog in this series, we looked at how digital wallets are transforming consumer finance and banking relationships in emerging markets. This blog considers how digital financial services help... read more

The EBA Fraud Taxonomy is now publicly available

30 Oct 22 @ 14:30

To match the speed of instant payments and their increasing adoption throughout Europe, fraud prevention and detection tools not only have to be fast but should also be able to... read more

Swift accepts community request to delay ISO 20022 migration

30 Oct 22 @ 14:24

Swift says it has worked extensively with its global community to prepare for the start of the ISO 20022 migration for cross-border payments and reporting (CBPR+). Since August, all required... read more

BIS Project mBridge CBDC pilot deemed a success

26 Oct 22 @ 18:53

The Bank for International Settlements (BIS) says the six-week Project mBridge pilot to evaluate whether CBDC would be useful for foreign exchange transfers has successfully processed 160 payments worth around... read more

How banks fail to make use of data – and what to do about it

26 Oct 22 @ 18:40

PCM spoke to Andrej Andelic, Business Development Executive at Nets, about what banks are missing out on by not maximising the benefits of customer transaction data. PCM: Many larger banks... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

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