Payments News

26 Feb 25 @ 14:42

PayPal has launched PayPal Open, a new merchant platform designed to empower businesses of all sizes by consolidating its payments and growth solutions into a single, unified platform. With access... read more

24 Feb 25 @ 17:03

The Payments Group has published its “Beyond peak finance” report, suggesting that the post-COVID UK finance sector is in freefall. There are now 10,000 fewer finance businesses in the UK... read more

12 Dec 24 @ 09:38

A recent study by Payhawk highlights a significant disconnect between the evolving role of CFOs and the technology they rely on to drive business success. The report, The New CFO... read more

11 Dec 24 @ 11:21

The UK’s Financial Conduct Authority (FCA) has unveiled a long-awaited consultation on safeguarding requirements for UK payments firms, setting the stage for substantial regulatory shifts in the industry. While the... read more

04 Nov 24 @ 11:07

In a rapidly evolving global payments landscape, the dominance of the US dollar remains resilient even as new contenders emerge. According to recent data from SWIFT, the dollar’s share of... read more

26 Oct 24 @ 12:57

European banks are eyeing cross-border mergers again, despite the challenges that stalled similar moves in the past. The latest shift centres on UniCredit’s recent 9% stake in Germany’s Commerzbank. After... read more

14 Aug 24 @ 12:32

The Russian central bank has officially revoked the banking license of American Express’s Russian subsidiary following a voluntary liquidation request by the US lender’s unit. This decision comes after Russian... read more

03 Jun 24 @ 16:20

A new survey of payment leaders reveals conflicted attitudes among Europeans on cross-border payment interoperability, highlighting the challenges firms face in integrating across multiple markets and systems. The findings reveal... read more

20 May 24 @ 14:10

The European Central Bank (ECB) is urging European banks with operations in Russia to withdraw as quickly as they can for two reasons: 1) they could be hit by US... read more

07 May 24 @ 11:45

Gallant Capital Partners, through an affiliate, has acquired Fime as well as the UL Solutions payments testing business (collectively, the “Company”), combining the technical capabilities and expertise of both businesses... read more

29 Apr 24 @ 13:03

In mid-2022 Atos completed the sale of its entire stake in Worldline of ca. 7.0 million shares representing ca. 2.5% of Worldline’s share capital. As a result, Atos  raised net... read more

25 Apr 24 @ 10:04

Kearney has released the sixteenth edition of its annual European Retail Banking Radar, which tracks the performance of close to 90 retail banks across 21 European markets. The study found... read more