E-Money

Showing Latest E-Money

Ant Financial – the world’s most valuable private FinTech – heads for IPO

24 Sep 19 @ 08:34

Ant Financial is the world’s most valuable private FinTech company, and grew out of Alipay, the payments system founded by Alibaba in 2004. It also owns Yu’e Bao, the world’s... read more

65% of banks struggling with payment profitability

24 Sep 19 @ 08:19

Based on a global survey of senior executives at the world’s top-tier banks, a new report from Aite, reveals that high costs, low margins and increasingly commoditised business models are... read more

Are Financial Institutions prepared for new European payments architecture?

19 Sep 19 @ 11:49

SWIFT has published a new paper on the evolution of the European payments landscape and the preparations that need to be made by the region’s financial institutions. The paper, Brave... read more

The World Payments Report 2019

18 Sep 19 @ 09:33

According to the World Payments Report 2019, which tracks and analyses non-cash transaction volume, regulatory and industry initiatives, and digital transformation across the global payments market, global non-cash transactions are... read more

Report: Banks risk losing $280 billion in payments revenue by 2025

17 Sep 19 @ 09:03

As much as 15% of banks’ global payments revenue, or $280 billion, is likely be displaced by the growth of digital payments and competition from non-banks, as payments become more... read more

Report: The global rise of digital goods and services

12 Sep 19 @ 17:31

Fiserv has released a new study, “The Global Rise of Digital Goods and Services,” which finds that nearly three quarters (74%) of online purchases worldwide are for digital goods and... read more

Mastercard and R3 partner on blockchain powered cross border payments

11 Sep 19 @ 10:11

R3 and Mastercard have signed a strategic partnership to develop and pilot a new blockchain-enabled cross border payments solution that will initially focus on connecting global faster payments infrastructures, schemes... read more

PCM Feature: Data Lakes gaining traction with payments businesses in Europe and North America

09 Sep 19 @ 15:54

‘Data Lakes’ are gaining explosive traction with payments businesses in Europe and North America. Proponents say they offer a more flexible, scaleable and cheaper data storage solution than traditional data... read more

Central Bank of China gears up to launch regulated digital currency

09 Sep 19 @ 08:28

As was recently reported from the China Finance 40 Group, a senior official at China’s central bank announced  that the country will soon roll out its central bank digital currency (CBDC.)... read more

PCM Feature: Blockchain – Out of the blocks?

03 Sep 19 @ 12:23

Blockchain has been called the most over-hyped innovation in the world today, with the hysteria surrounding it sometimes compared to the infamous “dot.com” bubble of 1999-2000. PCM Editor James Wood... read more

Libra project on rocky ground as aggressive EU regulators start probe

21 Aug 19 @ 12:27

Libra Coin, Facebook’s cryptocurrency project is reported to be being investigated by European Union antitrust regulators. The European Commission said it is “currently investigating potential anti-competitive behaviour,” related to the... read more

Daimler and Commerzbank pilot blockchain e-money wallet for car payments

16 Aug 19 @ 10:29

Commerzbank has partnered with Daimler Trucks on a pilot to use a blockchain e-money wallet called the Daimler Truck Wallet to make payments with e-euros from Commerzbank. Once the e-euros... 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