Processing & Systems

Showing Latest Processing & Systems

Digital transaction banking battleground heating up

25 Feb 22 @ 13:00

No trend is more reliable than transaction banking (TB) retaining its much-vaunted position as the bedrock of commercial banking customer engagement and relationship management strength. Across cash management, payment processing... read more

How Bank/FinTech partnerships enable payments transformation

03 Feb 22 @ 15:11

In the first of a two-part series, PCM finds out from Discover Global Network why creative partnerships between FinTech start-ups and established financial institutions are the future. The rapid integration... read more

SEPA Payment Account Access (SPAA) – developing a new scheme

02 Feb 22 @ 10:25

At its 24 November 2021 meeting, the EPC Board accepted the Euro Retail Payments Board’s (ERP) invitation to act as Scheme Manager for a new SEPA Payment Account Access (SPAA)... read more

SEPA Direct Debit – delivering benefit to business across Germany, Austria – and beyond

26 Jan 22 @ 16:35

Launched in 2009 as a key pillar of the Single Euro Payments Area, SEPA Direct Debit (SDD) is an EU initiative that aims to make cross-border direct debits in Europe... read more

The crypto question: Market movement ramps up the debate

19 Jan 22 @ 12:53

Following the October 2020 launch of a “sand dollar” by the Bahamian Central Bank, other markets are making moves to normalise the use of cryptocurrencies in their economies with varying... read more

Is 2022 the year that Banks finally change for good?

18 Jan 22 @ 15:39

The more things change, the more they stay the same. Looking back at 2021 – which promised to be the year that the industry realised the full potential of data-driven transactions, instant... read more

Prepaid card transaction value to exceed $4.1 trillion Globally

17 Jan 22 @ 12:39

A new study has found the value of transactions made over prepaid cards will exceed $4.1 trillion globally in 2026; up from $2.3 trillion in 2021 – a substantial growth... read more

Transit payments: a market in transformation

12 Jan 22 @ 12:00

As the world recovers from the pandemic, users around the world are returning to public transit—and a transformation of how riders pay for these journeys is underway. PCM learns about... read more

Cloud computing giants under scrutiny from Financial Services regulators

11 Jan 22 @ 10:42

The UK’s Prudential Regulation Authority (PRA), which oversees financial stability, is to take steps to bolster banks on the cloud. Data storage is a systemic vulnerability just like financial risk. The regulator... read more

Why aren’t Banks getting the message on ISO 20022

10 Jan 22 @ 13:48

There is now some serious competitive pressure being placed on Banks to move to the new universal financial messaging standard ISO 20022. The overall shift in the payment industry to... read more

Quantum computing: Practical implications in Payments and Banking

06 Jan 22 @ 12:29

I know, I know, Quantum computing is still nascent, but it’s already sparking a revolution in technology. Funding to quantum tech start-ups soared to record levels in 2021. Media interest... read more

People’s Bank of China launches Android and iOS wallet apps for digital yuan

05 Jan 22 @ 16:34

People’s Bank of China’s (PBOC) has released a pilot versions of its e-CNY, digital yuan wallet application on app stores as the central bank steps up its push to develop... 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