E-Money

Showing Latest E-Money

Hungarian banks begin instant-payments trial

10 Jan 19 @ 19:07

Hungary’s commercial banks have begun a test phase of a domestic instant-payments system expected to go live on July 1, the clearing house operator GIRO said on Thursday. Under the... read more

Report: Social commerce in Russia – customer behaviour

10 Jan 19 @ 14:45

About 39 million Russians use social commerce, shopping in online social channels such as social media, instant messengers, classified ad websites, and other P2P platforms. The number of users paying... read more

Mizuho Bank to roll out J Coin digital currency

09 Jan 19 @ 12:57

Mizuho Bank is set to roll out a proprietary digital currency, J Coin, in March, backed by 60 regional domestic banks. The virtual currency is the result of the development of... read more

Google granted e-money licence for EU

07 Jan 19 @ 16:59

Google has announced that it has been granted an e-money licence and authorised as a payment institution in the Republic of Ireland, paving the way for it to begin providing new... read more

Report: Do we really want a cashless society?

05 Dec 18 @ 15:33

Travelex has released a study into attitudes towards cash and other payment technologies: Do we really want a cashless society? The study, which looks at cash and cashless technology usage in... read more

Innovation in Retail Banking – A decade in review

20 Nov 18 @ 10:00

Over the years, there has been a growing realisation in banking towards innovation as the proven path to differentiation and competitiveness. While the transformation has been slow, over the last... read more

Global smartphone shipments declined for the last two consecutive quarters

15 Nov 18 @ 06:49

According to preliminary IHS Markit smartphone data, global smartphone shipments recorded a negative year-over-year growth rate for two consecutive quarters in 2018. Shipments totalled 354.8 million units in the third... read more

Deutsche Bank digitisation shift moves into over-drive

09 Nov 18 @ 16:39

Deutsche Bank this week made two telling announcements as it signalled it is moving into a highr gear to keep pace with the digitisation of payments and platforms around it.... read more

Digitisation to make heritage financial institutions irrelevant by 2030

08 Nov 18 @ 16:42

By 2030, 80% of heritage financial services firms will go out of business, become commoditised or exist only formally but not competing effectively, according to Gartner. These firms will struggle... read more

Mastercard files complaint against Indian protectionism of RuPay

05 Nov 18 @ 12:48

Having recently complied with new rules laid out by the Indian government surrounding personal and transaction data – a directive that sparked aggressive lobbying effort from US companies who said... read more

The key to survival in the connected financial services world

01 Nov 18 @ 12:03

An unprecedented combination of drivers for change are at work in today’s financial services industry. Some of these factors, particularly digitisation, are influencing the majority of industries – driving increasing... read more

Hitachi and SBI JV to accelerate digital payments in India

30 Oct 18 @ 12:03

Hitachi Payment Services, a wholly-owned subsidiary of Hitachi, and State Bank of India (SBI) have signed a definitive agreement to enter into a joint venture for the establishment of a... 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