E-Money

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Card-based vs modern payments platforms: What are you banking on?

03 Nov 22 @ 18:20

The reshaping of the payments ecosystem over the last two decades can broadly be divided into two symbiotic movements driven by technology; the evolution of how people pay, and the... read more

Swift accepts community request to delay ISO 20022 migration

30 Oct 22 @ 14:24

Swift says it has worked extensively with its global community to prepare for the start of the ISO 20022 migration for cross-border payments and reporting (CBPR+). Since August, all required... read more

EU set to mandate instant payments in euro zone

25 Oct 22 @ 18:05

A draft European Union rule would demand that euro zone banks in would be required to provide instant payments in the single currency. The EU wants to modernise payments so... read more

NatWest moves into BaaS market with Vodeno deal

21 Oct 22 @ 09:49

NatWest Group has entered into a strategic partnership with the Vodeno Group  which will see the creation of a Banking-as-a-Service (BaaS) business in the UK. This strategic partnership will enable... read more

Consumers embrace FinTech to tighten grip on finances as cost of living rises

18 Oct 22 @ 10:05

Plaid has published its third annual report entitled The Fintech Effect, revealing that 84% of UK consumers are using FinTech to manage their money in 2022, with broad adoption across demographic... read more

Indian central bank announces digital rupee CBDC trial

11 Oct 22 @ 17:10

The Reserve Bank of India has said it will pilot a digital rupee for specific use cases and also released a concept note on Central Bank Digital Currency (CBDC). The... read more

Payment Processing as a Business – A huge opportunity for Banks

10 Oct 22 @ 15:20

Research conducted by Celent has revealed that, in response to commercial pressures and changing scheme and regulatory requirements, payments processing is transforming from a commodity to a business, creating compelling... read more

Payments industry continues strong post pandemic recovery statistics

10 Oct 22 @ 13:08

A new report on the recovery of the payments industry suggests the global payments industry demonstrated its resilience again in 2021, more than recouping the revenue erosion experienced in 2020,... read more

Banks lag behind their corporate clients on blockchain

30 Sep 22 @ 09:26

A new report from leading financial research firm East & Partners in partnership with Payments Cards & mobile, claims banks are lagging far behind their clients’ expectations when it comes... read more

Turkish banks forced to drop Mir as US sanctions pressure grows

30 Sep 22 @ 09:00

The US has been applying considerable pressure on countries it sees as helping Russia evade the sanctions placed on it due to its invasion of Ukraine. This week, three Turkish... read more

Citibank has lucky escape over $500 million transfer as Judge overturns ruling

20 Sep 22 @ 11:10

Citibank has been told it is entitled to recoup $500 million that it accidentally wired Revlon, a US appeals court has announced. Reversing a lower court ruling, the 2nd U.S. Circuit... read more

ECB selects companies for prototyping of digital euro

19 Sep 22 @ 10:55

The European Central Bank (ECB) has announced the list of collaborators  they will contract with to develop potential user interfaces for the digital euro. The aim of this prototyping exercise... read more

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Legacy infrastructure leaves Banks unprepared for real-time

06 Jul 26 @ 20:34

European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and m... more

Visa expands AI and Cybersecurity strategy in Europe

07 Jul 26 @ 19:13

Visa has unveiled a new cybersecurity platform designed to help financial institutions identify threats before they develop into fraud, while simultaneously rev... more

Swedish court orders Google to pay Klarna-owned PriceRunner

07 Jul 26 @ 19:13

Google has been ordered to pay approximately $1.97 billion in damages to PriceRunner, the price comparison platform owned by Klarna, following a landmark compet... more