Payments News

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Payments industry performance – Revenues remain resilient

10 Oct 23 @ 17:23

The payments industry’s 2022 performance, in terms of revenues and valuations, shows ongoing change with opportunities for growth and margin improvement across geographies and products. A close look at revenues... read more

Revolut agrees deal with SoftBank to gain UK banking licence

04 Oct 23 @ 10:49

Finally good news for the embattled fintech as Softbank and Revolut agreed to simplify the ownership structure between the UK fintech and its largest investor. This was, according to reports,... read more

Revolut faces further regulatory scrutiny in UK

02 Oct 23 @ 15:53

Its never a good look for a company hoping to be granted a UK banking licence to be hauled up by two of the most prominent regulatory bodies for separate... read more

NCR announces new units: NCR Atleos and NCR Voyix

21 Aug 23 @ 12:35

In September of 2022 Payments Cards & Mobile reported on changes that NCR Corporation and its Board of directors had unanimously approved a plan to separate NCR into two independent... read more

FS heavyweights collaborate on open standards cloud controls

18 Aug 23 @ 12:15

The Fintech Open Source Foundation (FINOS), the foundation of open innovation in financial services and part of the Linux Foundation, has announced the formation of an open standard project, based... read more

Diebold Nixdorf files for chapter 11 bankruptcy – pressure on for hardware providers

01 Jun 23 @ 15:52

Diebold Nixdorf (Company), which sells ATMs, payment terminals and other technology, has announced that it, certain of its subsidiaries and certain creditors collectively holding a significant majority of the its... read more

Report offers FI’s insight into Instant Payment monetisation

19 May 23 @ 11:34

Matera has released a special report detailing adoption of Brazil’s highly successful Pix system of instant payments. Pix by the Numbers provides key insights for US and other markets financial institutions... read more

70% of European banks to increase investment in fintech

18 May 23 @ 11:00

CCgroup has launched research findings from “How to influence fintech buyers”, based on a survey of major banks and fintechs across five European markets. The report reveals that, despite the fintech and... read more

Visa introduce Digital Authentication Framework (DAF) Program

16 May 23 @ 16:53

Visa is introducing a new program called Digital Authentication Framework (DAF) which seeks to improve security and enhance the frictionless capabilities of 3DSecure Transactions. How Digital Authentication Framework works When... read more

European Parliament paper rejects Digital Euro CBDC launch

10 May 23 @ 09:37

The European Parliament has published a paper entitled, Digital Euro: When in doubt, abstain (but be prepared) ahead of a vote on whether to proceed with the technical implementation phase... read more

Latest blow to crypto industry as Bittrex files for bankruptcy

09 May 23 @ 17:30

Bittrex, the cryptocurrency exchange, is reported to have filed for bankruptcy protection, three weeks after the US Securities and Exchange Commission (SEC) accused it of operating an unregistered securities exchange.... read more

2022 a record-breaking year for European retail banks

09 May 23 @ 14:01

Kearney has released the fifteenth edition of its annual European Retail Banking Radar, which tracks the performance of 89 retail banks across 21 European markets. In the face of uncertain... read more

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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