Payments News

Showing Latest Payments News

European Banks can benefit by adding BNPL to enhance customer experience and boost profitability

28 Feb 22 @ 11:46

Recent years have seen stratospheric growth in BNPL around the world and across Europe, with Grandview Research predicting the global market will reach €17.9 billion by 2028, representing year-on year... read more

Russian banks cut off from Swift and Central Bank from international reserves

28 Feb 22 @ 09:52

For all of those of us, myself included, who thought that the sanctions laid out by ally governments around the world on Russia were not strong enough, I think we... read more

Can Europe’s banks cope with the fallout from Russian sanctions?

23 Feb 22 @ 13:04

Just as the European banking sector started to see some attractive tail winds pushing it along, the first since the crisis in 2008, Europe is now on the brink of... read more

Why Berkshire Hathaway sold out of Visa and Mastercard

22 Feb 22 @ 09:30

Berkshire Hathaway, as has been widely reported, sold more than $3 billion in stock in the payment giants Visa and Mastercard – but why? According to a securities filing in... read more

Worldline agrees sale of Terminals, Solutions & Services (TSS) business

21 Feb 22 @ 09:00

Worldline has entered into exclusive talks with the Apollo Funds on the basis of a binding offer for the purchase of its Terminals, Solutions & Services (“TSS”) business line. Following the strategic review... read more

Tinkoff chooses BPC’s SaaS payment services to drive Asia expansion

17 Feb 22 @ 10:41

BPC has announced that Tinkoff has selected its SaaS Cloud payment services for its planned expansion to the Philippines. The project is an extension to an existing partnership between the... read more

Open Banking will be here sooner than you think – Here’s why

07 Feb 22 @ 17:21

A new report by European Open Banking services provider Tink finds much positive sentiment about the greater competition and wider palette of services Open Banking will bring. Such breathless optimism... read more

PayPal shares plunge as company reports decline in volume

03 Feb 22 @ 10:34

Just days after all three major networks provided the market with monster updates, PayPal seems to be feeling the pressure. PayPal shares fell more than 25% in early trading on... read more

Why embedded payments are vital for B2B businesses as the digital revolution continues

31 Jan 22 @ 16:58

The last decade has seen massive changes in payments – from the advent of digital wallets and contactless transactions through to the rise of crypto and blockchain-based solutions. The past... read more

Visa, Mastercard and American Express post monster revenue updates

28 Jan 22 @ 15:35

Its earning week! Visa topped $7 billion in quarterly revenue for the first time, buoyed by a quicker-than-expected resumption in travel spending and sustained growth in categories like e-commerce that... read more

Meta (Facebook) forced to sell Diem assets as digital payments ambitions fail

27 Jan 22 @ 12:11

The Diem cryptocurrency project is being forced to sell its assets, as Meta (Facebook) admits defeat in its ambitions in the digital payments space. The Diem Association, which was launched... read more

FCA review shows evidence of growing competition to Big 4 in retail banking

20 Jan 22 @ 17:17

In an update to its 2018 strategic review of retail banking, the FCA found that, while still strong, there are signs large banks’ historic advantages are starting to weaken, driven... 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