E-Money

Showing Latest E-Money

Half of crypto-natives would rather get paid their salary in cryptocurrency

11 Jan 22 @ 10:06

New research reveals that 55% of crypto owners – rising to 60% of 18-24 year olds – would rather get paid their salary in cryptocurrency. The top reasons for this... read more

Why aren’t Banks getting the message on ISO 20022

10 Jan 22 @ 13:48

There is now some serious competitive pressure being placed on Banks to move to the new universal financial messaging standard ISO 20022. The overall shift in the payment industry to... read more

Infographic: 2022 top trends in payments

07 Jan 22 @ 16:12

In this post we look at the top payment trends for 2022 – 2021 was a year of transition for the payments industry as we moved towards Payments 4.X −... read more

Accounts Receivable: from digitization to complete transformation

17 Dec 21 @ 11:38

90% of mid-market enterprises are now digitizing their accounts receivable (AR) processes. But digitization and traditional AR automation alone aren’t enough to solve for businesses’ most important stakeholder—their customer. Craig O’Neill,... read more

AML warnings raised at a third of UK EMIs as ‘major gateway’ for illicit funds

15 Dec 21 @ 10:04

Anti Money Laundering (AML) red flags have been indicated at more than a third of UK-licensed electronic money institutions (EMIs), according to Transparency International UK. Transparency International UK warned in... read more

BdF, SNB and BIS complete Project Jura cross-border wCBDC experiment

13 Dec 21 @ 11:05

Banque de France (BdF), Swiss National Bank (SNB) and Bank for International Settlements’ (BIS) Innovation Hub have successfully completed Project Jura, an experiment in cross-border wholesale CBDC, in collaboration with Accenture, Credit Suisse, Natixis, R3, SIX Digital Exchange and UBS.... read more

ECB approves a new oversight framework for electronic payments

03 Dec 21 @ 16:09

Following a 2020 public consultation, the European Central Bank’s (ECB) Governing Council has approved a new Eurosystem oversight framework for electronic payments, schemes and arrangements. Background The PISA framework is the result... read more

QR codes set to make a quantum leap in consumer popularity

02 Dec 21 @ 10:35

Of the many payment innovations to surface in the past 20 years, the QR code is enjoying a resurgence, having once been viewed as a failed marketing gimmick that became... read more

The Bank of London launches to tackle UK clearing market inefficiencies

01 Dec 21 @ 09:57

The Bank of London, set up to approve and process payments in the UK clearing market, will launch for only the second time in 250 years  as it aims to... read more

EU to ban banks’ use of cross-border permissions to access market

23 Nov 21 @ 17:20

The EU has announced new measures to crack down on a patchwork of national arrangements that allow banks outside the EU to sell services into the bloc, dealing a blow... read more

Mid-market enterprises must seize the digitization opportunity in accounts receivable for optimum performance

23 Nov 21 @ 16:57

As the World Economic Forum has noted[1], the mid-market enterprises (turnover of between $50-$500 million) that constitute 60% of North America’s GDP urgently need to re-tool for growth in the... read more

Digital transformation: Banks could increase annual revenues by nearly 4%

09 Nov 21 @ 11:19

By embracing digital transformation, rethinking their business models and following the innovative strategies of digital-only banking and financial services new entrants, traditional banks could boost revenues by nearly 4% annually.... 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