Mobile Remittance

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Western Union delivers Open Banking API for global payments

04 Nov 19 @ 09:01

Western Union has deployed full Open Banking application programming interface (API) access to its supporting front-end domestic and international payment applications through its Western Union Business Solutions unit. This new... read more

Summary: The World Retail Banking Report 2019

31 Oct 19 @ 10:20

Within today’s connected, digital environment, bank executives realise that customer satisfaction standards must stack up not only to those of other firms providing financial services, but also with non-industry businesses... read more

Report: Payment services for SMEs – Jump-starting digital payment services

30 Oct 19 @ 12:58

Financial inclusion for SMEs is a hot topic for European governments, financial institutions, banking representatives and small business associations. All recognise that SMEs are a significant part of the region’s... read more

Ubers deep push into financial services with Uber Money

29 Oct 19 @ 12:33

Uber is making a strong push into financial services. The company has announced the formation of a new division called Uber Money, which will include a digital wallet and upgraded... read more

Samsung Pay announce cross-border mobile payments

03 Oct 19 @ 15:36

Finablr and Samsung have introduced the Money Transfer feature in Samsung Pay. This new in-app international money transfer service, a first of its kind in the US, offers users seamless... read more

Visa and Mastercard reconsider involvement in Libra Coin

03 Oct 19 @ 14:55

First it was a group of influential banks, then it was the EU regulator, now, Visa, Mastercard and other key financial partners are reconsidering their involvement in Libra Coin, Facebook’s... read more

PayPal beats off Visa and Mastercard to obtain first Chinese payments licence

01 Oct 19 @ 07:57

PayPal has beaten off competition for payments giants Visa and Mastercard to become the first foreign company to acquire a payments licence in China. PayPal obtained the license through the... read more

Deutsche Bank to join blockchain based Interbank Information Network (IIN)

25 Sep 19 @ 12:43

Deutsche Bank has signed up to Interbank Information Network (IIN), the financial services industry’s biggest blockchain project, led by  JPMorgan Chase. The IIN announce Deutsche to a network of 320... read more

65% of banks struggling with payment profitability

24 Sep 19 @ 08:19

Based on a global survey of senior executives at the world’s top-tier banks, a new report from Aite, reveals that high costs, low margins and increasingly commoditised business models are... read more

The World Payments Report 2019

18 Sep 19 @ 09:33

According to the World Payments Report 2019, which tracks and analyses non-cash transaction volume, regulatory and industry initiatives, and digital transformation across the global payments market, global non-cash transactions are... read more

Report: Banks risk losing $280 billion in payments revenue by 2025

17 Sep 19 @ 09:03

As much as 15% of banks’ global payments revenue, or $280 billion, is likely be displaced by the growth of digital payments and competition from non-banks, as payments become more... read more

Mastercard and R3 partner on blockchain powered cross border payments

11 Sep 19 @ 10:11

R3 and Mastercard have signed a strategic partnership to develop and pilot a new blockchain-enabled cross border payments solution that will initially focus on connecting global faster payments infrastructures, schemes... 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

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more