Issuing & Acquiring

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Russian national payment system Mir now available in South Korea

10 Jun 21 @ 09:46

BC Card, the biggest payment processing company in South Korea, has done a deal with NSPK, a Russian national payment company, to process card payment of Mir system in South Korea.... read more

Bank of England: Digital Money and Central Bank Digital Currency

07 Jun 21 @ 16:27

The Bank of England has published a Discussion Paper which aims to broaden the debate around new forms of digital money and seek views on the Bank’s emerging thoughts on... read more

Virtual cards to provide catalyst for commercial card spending

04 Jun 21 @ 12:39

An impressive €42.7 billion was spent on European virtual commercial cards in 2019, accounting for 12% of total commercial card spending, according to RBR. Virtual card expenditure in the region... read more

Russia’s Mir demonstrates excellent growth – supported by State mandates

03 Jun 21 @ 11:38

Mir – a payment service provider introduced in Russia in late 2015 – is carving a place in the market as a serious provider. Since it launched it managed to... read more

World FinTech Report 2021: The latest update on the global market

26 May 21 @ 16:00

Following on from the World FinTech Report 2020, FinTechs are approaching their next maturity milestone – profitability – as they demonstrated resilience during the COVID-19 pandemic with verticals recording double-digit... read more

European payments in 2021: Cards remain No. 1 for consumers

17 May 21 @ 16:04

Amid rising hype about mobile wallets, P2P FinTech challengers and QR-code payments, this year’s Digital and Card Payments Yearbooks show a card segment in robust health, with business growing strongly.... read more

Diem drops Swiss license and heads to US for stablecoin trial

14 May 21 @ 10:34

Facebooks cryptocurrency Diem has been forced to abandon plans to gain a license in Switzerland via its financial regulator FINMA and is instead going to set up operations in the... read more

The World Retail Banking Report 2021

28 Apr 21 @ 16:18

What will the post-pandemic world look like for retail banks? With low interest rates, closed branches, increased risk of SME bankruptcies, consumer delinquencies, and eroding market share, traditional banks are... read more

American Express prepares to launch debit card product in China

28 Apr 21 @ 08:43

American Express doesn’t issue debit cards in the US but it is gearing up to issue debit cards in China as it extends its position in the country. AmEx was... read more

Payments data shows huge rebound for Retail, Pubs & Bars and Hairdressers

20 Apr 21 @ 16:19

New payments data shines a light on the economic impact of the 12th April changes to social distancing in the UK, which included the re-opening of non-essential retail, outdoor hospitality... read more

Program to provide CBDC payment network to 110 qualifying central banks

25 Mar 21 @ 08:54

Roxe has announced it will provide 113 qualifying central banks with free, complete access to its global Central Bank Digital Currency (CBDC) payment network. Each central bank will be able to issue,... read more

Who are banks competing against in payments now?

23 Mar 21 @ 18:09

For several decades, incumbent banks have held a comfortable leadership position in payments. But the rapid growth of digital payments has signalled opportunity for new market entrants to attack this... read more

Trending

ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more