Processing & Systems

Showing Latest Processing & Systems

Web3 and “the merge” what does it mean for the payments industry?

22 Sep 22 @ 16:25

Crypto enthusiasts believe, the switch by the Ethereum blockchain to a new system for validating transactions — a move known as “the merge” — is an historic moment for what... read more

Digital ticketing transaction value to reach $1.4 trillion

21 Sep 22 @ 19:07

A new study has found that the global digital ticketing transaction value will reach $1.4 trillion in 2027; up from $768 billion in 2022. This growth of 78% over the... read more

The Credit Card Competition Act – Breaking Visa and Mastercard dominance in US

21 Sep 22 @ 16:34

Last week, 1,668 retailers and more than 200 trade organisations urged the US Congress to pass the The Credit Card Competition Act, which gives merchants a choice in the routing... read more

Embedded finance transaction value to more than double to $7 trillion

14 Sep 22 @ 12:40

Embedded finance, the integration of value-added financial services into software offerings, is set to redefine how consumers and businesses build and manage relationships with financial services, according to new research and... read more

The real-time payments revolution sweeps across Europe

12 Sep 22 @ 14:13

The global payments ecosystem continues to morph, with exciting innovations coming online unabated. But for the myriad of new payment tools and channels to work efficiently and securely, they need... read more

Central Bank of India commits to digital rupee trial

09 Sep 22 @ 12:36

In February Payments Cards & Mobile reported India’s central bank says it will launch a digital rupee CBDC in the next financial year, according to the country’s finance minister. “Introduction... read more

EBF response to European Commission’s call for evidence on Open Finance

07 Sep 22 @ 16:02

The European Banking Federation (EBF), which represents 32 national banking associations in Europe, has responded to the European Commission’s Call for Evidence on an “Open Finance Framework – enabling data... read more

Faster Payments and Mobile Banking continue stellar growth

26 Aug 22 @ 12:52

Faster Payments and mobile banking remain popular in the UK in 2021, with 86% of all UK adults using at least one form of remote banking during 2021 (online banking... read more

The future of embedded finance – is it easy to deliver?

24 Aug 22 @ 16:37

Embedded finance sounds like a win-win for everyone. A consumer selects a product, clicks on the selection and – thanks to being pre-authorised – they’ve already paid. Likewise, a customer... read more

Feature: R2P – A view of what could be…

23 Aug 22 @ 15:31

Request to Pay (R2P) is a hot industry buzzword. While still in its infancy, Request to Pay promises greater control and faster settlement for consumers and businesses alike. Payments Cards... read more

US financial regulator issues stablecoin expectations to virtual currency industry

23 Aug 22 @ 09:19

The New York State Department of Financial Services (DFS) has issued a new Regulatory Guidance, setting foundational criteria for USD backed stablecoins used by DFS-regulated entities. This represents the first US... read more

Citibank and the $900 million “biggest blunders in banking history”

22 Aug 22 @ 12:30

In August 2020, Citibank mistakenly used its own money to repay a $900 million term loan it administered on behalf of Revlon that was held by multiple asset management groups.... read more

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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

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more