Payments News

03 Mar 23 @ 17:23

Silvergate, the small time US lender that bet big on crypto, has announced huge losses and may have to wind down according to its annual report, and serves as a... read more

28 Feb 23 @ 16:09

Nexi and Banco de Sabadell have reached an agreement to establish a long-term acquiring partnership in the Spanish market. According to the terms of the transaction, Nexi will acquire 80%... read more

28 Feb 23 @ 15:29

Yesterday we reported on Klarna and the company’s success in grabbing major market share in the US and UK – today we see at what cost. The BNPL specialist has... read more

28 Feb 23 @ 11:52

As banks look to transform their business for a digital future, high inflation and low economic growth are making investment decisions difficult. Nonetheless, opportunities exist to deliver customer value and... read more

20 Feb 23 @ 13:33

Tesco, the UK’s current biggest retailer, is rumoured to be planning a review into its presence in the UK banking sector in a move that could lead to a sale of... read more

15 Feb 23 @ 17:54

In the last six months we have seen some of the biggest names in payments, especially in the last few weeks announce, “strategic reviews of their businesses”. It seems to... read more

14 Feb 23 @ 18:56

The European Payments Initiative (EPI), launched to some fanfare in 2020, was supposed to offer a payments solution “catering and corresponding to European needs.” But as the EPI’s scope changes... read more

09 Feb 23 @ 18:11

According to sources, Twitter has quietly started to apply for regulatory licences across the US and is working on the necessary software architecture to deploy payments on the platform. As... read more

08 Feb 23 @ 17:24

The Global Payments Innovation Jury has published its 2022 report into the direction of the industry. Payments Cards & Mobile (PCM) caught up with Jury Chairman John Chaplin (JC) to... read more

06 Feb 23 @ 18:24

Payments Cards & Mobile’s exclusive annual review of European payments data from 33 European countries confirms the growth of online payments versus in-person, as well as the dominance of debit... read more

01 Feb 23 @ 11:45

Regulators for the European Union banking sectors have announced a stress test to evaluate how banks would manage with an extended period of high inflation and prolonged high interest rates.... read more

31 Jan 23 @ 18:18

Moody’s is reported to be working on the early implementation of a scoring system for stablecoins, the crypto sector’s most traded tokens, as the asset class grows and faces increased... read more