Issuing & Acquiring

21 Nov 23 @ 14:40

China’s central bank and the National Administration of Financial Regulation has finally issued a bank card clearing license to Mastercard. The People’s Bank of China’s (PBC) approval of the application... read more

17 Nov 23 @ 17:34

The financial services industry is experiencing volatility spurred by ongoing inflation, interest rate hikes and recovering stock markets. To address these market dynamics and maintain business growth financial firms are... read more

14 Nov 23 @ 10:53

The payments industry is under construction. From rails to regulation to currencies, nearly every element of the global payments infrastructure and ecosystem is undergoing a rebuild. This period gives infrastructure... read more

13 Nov 23 @ 16:34

The growth wave that issuers have long been riding is breaking, and catching the next one will require repositioning. However, companies that refine their practices can fend off disruption and... read more

18 Oct 23 @ 16:32

Al Etihad Payments (AEP) a subsidiary of the Central Bank of the UAE (CBUAE) has announced it will launch a 24/7 instant payments system and domestic card scheme. The central... read more

12 Oct 23 @ 08:28

NAKA has developed a new technology that bridges the gap between the traditional payment industry and the blockchain world. It encompasses a payment scheme running fully on smart contracts and... read more

10 Oct 23 @ 17:23

The payments industry’s 2022 performance, in terms of revenues and valuations, shows ongoing change with opportunities for growth and margin improvement across geographies and products. A close look at revenues... read more

06 Oct 23 @ 14:08

A new report reveals that growth in card purchase volume in 2022 was driven by increasing financial inclusion, digitisation and the easing of lockdowns. Global Cards and Payments shows that... read more

28 Sep 23 @ 12:06

Banks must harness disruptive technologies and create their own or actively participate in digital ecosystems to remain at the heart of the banking universe, according to a global Economist Impact... read more

27 Sep 23 @ 17:04

The payment industry is undergoing a surge in global regulations, initiatives, and innovations, resulting in new payment instruments and use cases. However, managing the volume, velocity, and variety of these... read more

15 Sep 23 @ 14:42

Non-cash transaction volumes maintained upward momentum as consumers and businesses adopted digital payment schemes. The World Payment Report 2023 estimates suggest that from 2022 to 2027, non-cash transaction volume growth will... read more

15 Sep 23 @ 09:53

The total number of UK payments (consumer and business) in the UK last year increased to 45.7 billion, up from 40.4 billion in 2021. Payments made by businesses accounted for... read more