E-Money

14 Feb 19 @ 21:28

Ant Financial has finally managed to make its mark in a significant European first. The Chinese financial services giant has agreed to buy UK payments group WorldFirst in a deal... read more

14 Feb 19 @ 14:37

Despite CEO Jamie Dimon labelling Bitcoin a fraud, JP Morgan, the largest bank in the US, has announced it has created and successfully tested its JPM Coin cryptocurrency this month.... read more

05 Feb 19 @ 09:00

The development of the Chinese payments industry in recent years has been breathtaking. Here are a few proof points: China’s mobile payments sector dwarfs the US. In 2017, China saw... read more

04 Feb 19 @ 15:55

Phygital payments are on the rise. While payments vendors continue to pitch and strategise with a focus on omni-channel, the omni-channel story has already moved on. Omni-channel remains important and the... read more

01 Feb 19 @ 15:28

The huge global increase in connectivity, prompted by the launch of mobile devices, has affected banks just as much as retailers. As a result, financial institutions have had no choice... read more

25 Jan 19 @ 10:56

Central Bank of Kenya (CBK) data shows that mobile money transactions stood at Sh3.98 trillion ($38.5 billion) last year, having increased by Sh346 billion (10%) from 2017. This translates to... read more

23 Jan 19 @ 11:57

Across the 33 countries covered in the European Payments Yearbook, cards in issue (+3.2%), and POS terminals by number (+7.3%) showed remarkable growth rates again while the ATM terminal estate... read more

22 Jan 19 @ 16:32

It’s that time of year — when the technology news circuit is full of predictions of the next big trends on the horizon and PCM is no different in highlighting... read more

17 Jan 19 @ 13:26

The global digital banking market is set to grow from its current market value of more than $7 billion to over $9 trillion by 2024; according to a new research... read more

16 Jan 19 @ 15:19

Fiserv and First Data Corporation announced that their boards of directors have unanimously approved a definitive merger agreement under which Fiserv will acquire First Data in an all-stock transaction. The... read more

16 Jan 19 @ 12:29

Since India’s demonetisation policy took place, digital payments spiked in the immediate aftermath. However, post adoption of the policy the pace of adoption has been much slower than anticipated. Digital transactions... read more

14 Jan 19 @ 13:38

Payments Network Malaysia (PayNet), the national payments network and central infrastructure provider, has implemented DuitNow, Malaysia’s Real-Time Payments Platform (RPP) using ACI’s UP solution. The first service offered to the... read more