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M1ST: Mobile payments network with 5.7 billion accounts launches

18 Aug 21 @ 12:10

Boku has announced the launch of the M1ST (aka Mobile First), the “world’s largest mobile payments network”. The M1ST Payments Network features an unrivalled 330+ mobile payment methods, including mobile wallets,... read more

How does the OECD’s CRS effect mobile money providers

17 Aug 21 @ 15:56

Adopted in 2014, the CRS’s purpose is to combat tax evasion – not just in mobile money. The Organisation for Economic Co-operation and Development’s (OECD) Common Reporting Standard (CRS) is an information... read more

BNPL and mobile set to push global e-commerce value to $6 trillion

17 Aug 21 @ 13:03

The retail e-commerce market is estimated to grow by 53% globally by 2024, with the Buy Now Pay Later (BNPL) sector expected to see the second-largest increase in market share,... read more

Payments sector keeps top spot for FinTech investment in record H1 2021

11 Aug 21 @ 11:07

Overall global FinTech funding across M&A, PE, and VC deals soared to a new high in H1 2021, according to KPMG’s Pulse of FinTech, a bi-annual report on FinTech investment... read more

Apple Pay set sights on launching BNPL offering with Goldman Sachs

11 Aug 21 @ 09:29

Apple is reported to be working on a service that will let consumers pay for any Apple Pay purchase in instalments in direct competition to other BNPL offerings (Buy Now,... read more

Report: Global voices 2021 – Cross border e-commerce insights

09 Aug 21 @ 13:45

The COVID-19 pandemic, which took hold of the global consciousness a year ago, has shaped and revealed many things about the world of retail and e-commerce. With lockdowns came new... read more

Apple Cash now supports Mastercard debit cards

06 Aug 21 @ 15:04

Apple Cash has made a significant update to its product to include Instant Transfer support for Mastercard debit cards, while an upcoming change will increase transfer fees to 1.5% of... read more

Half of global population to use digital banking by 2026

03 Aug 21 @ 13:40

A new study has found that 53% of the world’s population will access digital banking services in 2026; reaching over 4.2 billion digital banking users, from 2.5 billion in 2021.... read more

Open Banking hits four – are we open for business?

16 Jul 21 @ 10:36

It’s been four years since UK regulators fired the starting gun on Open Banking, followed closely by the EU and 36 other markets world-wide. As a major new study into... read more

P27 secures merger approval from EU Commission

09 Jul 21 @ 15:25

The European Commission has announced merger approval for the P27 Nordic Payments initiative to establish its pan-Nordic payments platform. This approval marks a significant milestone for the initiative which is... read more

Real-time payments now as popular as cash in Southeast Asia

07 Jul 21 @ 08:16

Real-time payments are now as popular as cash as a payment method for consumers in Southeast Asia, according to new research from ACI Worldwide and YouGov. Three out of five consumers... read more

Report: UK and Nordics lead Open Banking in Europe

07 Jul 21 @ 07:59

According to a new report by Payments Cards & Mobile and Mastercard, which conducted in-depth research into how prepared European countries are to embrace the Open Banking ecosystem, the Nordic... read more

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Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more

Major UK Banks unite to develop digital verification service

30 Jun 26 @ 07:05

Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more

Spain’s largest banks launch collaborative fraud platform

18 Jun 26 @ 19:36

Three of Spain’s largest banking groups have taken a significant step towards strengthening the fight against financial crime, launching a shared fraud intell... more