Daily news

Showing Latest Daily news

Jamaica launches first version of Central Bank Digital Currency

26 Aug 21 @ 08:53

Bank of Jamaica (BOJ) has announced the inaugural minting of Jamaica’s first batch of central bank digital currency (CBDC). A total of J$230 million dollars in CBDC will be issued... read more

India launches new national digital payment: e-RUPI

24 Aug 21 @ 15:33

Prime Minister Narendra Modi recently unveiled a new digital payment product called e-RUPI under the country’s UPI (Unified Payments Interface). According to state news sources, this payment mechanism is to ensure... read more

Infographic: Success in the new age of retail

24 Aug 21 @ 09:43

The pandemic has drastically shifted consumer retail habits, including payment behaviour and preferences. Here’s three ways retail decision makers can thrive in this new age:  

Global voices 2021 – Cross-border insights survey

23 Aug 21 @ 14:53

The COVID-19 pandemic, which took hold of the global consciousness a year ago, has shaped and revealed many things about the world of retail and commerce. With lockdowns came new... read more

Ransomware attacks surge by over 150% in 2021

23 Aug 21 @ 14:13

Businesses and people around the world suffer ransomware attacks every day. Exceptionally since the pandemic started, we hear more and more about hackers abusing vulnerabilities. According to the data presented... read more

The value of cloud-based payments

23 Aug 21 @ 12:12

Two decades into the 21st Century, we have become accustomed to having every convenience at our fingertips exactly when we want it. In many ways that extends to our finances,... read more

PayPal allows UK users to buy and sell cryptocurrencies

23 Aug 21 @ 12:11

PayPal has announced that UK users can now buy, hold and sell cryptocurrencies through the payment platform for the first time, the service launched in the US in 2020. The... read more

Australian Payments Network reports increase in card fraud

20 Aug 21 @ 13:48

New data released by the payments industry self-regulatory body, Australian Payments Network (AusPayNet), has shown a slight increase in online card fraud in 2020 as the shift to online payments... read more

BLIK sees huge increase in the popularity of P2P instant payments

20 Aug 21 @ 13:18

From April to June 2021, BLIK users completed nearly 176 million transactions worth PLN 24 billion. At that time, the number of BLIK’s P2P instant payments was growing the fastest... read more

Bank of America sets record for patents granted during H1 2021

20 Aug 21 @ 13:00

Bank of America has recorded the most patents granted in H1 of any year in the company’s history. The U.S. Patent Office (USPTO) granted the bank 227 patents during H1... read more

Mastercard set to fight £10 billion interchange fees class action in UK

19 Aug 21 @ 13:26

A £10 billion ($14 billion) class action against Mastercard for unfair interchange fees, in which the claimants say 46 million British adults could be eligible for roughly £300 each if... read more

Facebook digital wallet Novi ready for market launch

19 Aug 21 @ 11:06

Facebook has announced it will launch the Novi digital wallet tied to the Diem blockchain-based payment system, having received the necessary regulatory clearances. David Marcus, chief of Facebook’s financial services... read more

Trending

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

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

Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more