Payments News

Showing Latest Payments News

ChatGPT – how can banks leverage generative AI?

06 Apr 23 @ 12:29

ChatGPT is currently on everyone’s lips. The versatile abilities of this chatbot fire the imagination, but also fuel concerns about the future application of such a simple and widely usable... read more

Digital wallets driving e-commerce in the Middle East and Africa

04 Apr 23 @ 16:35

Mobile commerce is set to comprise 70% of online transaction value by 2025 in the Middle East and North Africa (MENA) region and Mobile remittance services have grown to encompass more value-added... read more

What does the future of UK payments look like?

04 Apr 23 @ 09:54

In mid March UK Finance and EY held a joint event on the future of UK payments – The PayTech Strategy Day. Hosted by EY, the event brought together industry... read more

Optimising Payments – and the transition to ISO20022

03 Apr 23 @ 13:58

Payment models are changing radically, creating both challenges and opportunities for financial institutions. New digital-only banks have accelerated innovation, while the pace of global change has created a new competitive... read more

Crypto crackdown continues – Binance in US regulators sights

28 Mar 23 @ 12:15

As the US tries to find its feet after waves of criticism over its handling of the current bank crises, which regulators believe was partially caused by over exposure to... read more

Global Open Finance Report: Transition continues at the international level

27 Mar 23 @ 15:44

Open Finance is a consolidated reality both at international and European level: to date, more than 40 countries have launched initiatives in this area. The transition to Open Finance can... read more

Jack Dorsey’s Block latest under scrutiny from Hindenburg Research

24 Mar 23 @ 10:38

Hindenburg Research, the company that forced the Adani empire onto its knees amid allegations of stock manipulation, has taken aim at and disclosed short positions in Block, alleging that the... read more

Tietoevry Banking finalizes major new payment solution upgrade in Serbia

24 Mar 23 @ 10:00

Tietoevry has completed a major systems’ upgrade for Chip Card, member of Payten, one of the leading payments processors in the Republic of Serbia. With electronic payments becoming more popular... read more

Half a trillion dollars wiped off Bank stocks as rout continues

20 Mar 23 @ 13:26

It has not been a good week for the global banking community. Starting with Silvergate Bank and ending (so far) in emergency purchase of Credit Suisse, the underlying lack of... read more

Motive Partners front of queue for ACI Worldwide purchase

17 Mar 23 @ 17:27

Rumours are flying that ACI Worldwide is being reviewed for purchase by the FinTech strong private equity firm Motive Partners. Motive has been seeking financing in recent weeks for a... read more

Mastercard becomes a trusted provider of Digital ID in the UK

17 Mar 23 @ 13:27

Mastercard announced it is now certified under the United Kingdom’s Digital Identity and Attributes Trust Framework (DIATF) as an Digital ID provider. Mastercard can now offer ID, its digital identity... read more

From Silvergate to Silicon Valley Bank – what went wrong?

13 Mar 23 @ 16:34

Last week, after Payments Cards & Mobile reported on the failure of Silvergate Bank, an even bigger failure began to unfold for Silicon Valley Bank. On the 9th March shares... read more

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ETC Mining and the anatomy of a crypto scam

02 Mar 26 @ 11:25

Three months ago, I was approached by marketing representatives of ETC Mining, who paid $2,500 in Bitcoin for native advertising placement. On the surface, the ... more

Visa and Mastercard accelerate agentic payments through bank pilots

18 Feb 26 @ 13:35

The race to define the next phase of digital commerce via agentic payments has moved decisively into the banking mainstream. [caption id="attachment_57882"... more

Takeover talk swirls as PayPal’s valuation slumps

24 Feb 26 @ 12:45

After a bruising year on the public markets, PayPal has become the subject of early-stage takeover interest, underscoring how sharply sentiment has shifted arou... more

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more