Processing & Systems

17 Nov 21 @ 12:28

The planned European Payments Initiative a pan-European payments network backed by 22 banks which aims to set up as serious competition to Mastercard and Visa has launched an official appealed... read more

09 Nov 21 @ 11:03

Following on from yesterdays article on mCBDC and cross-border payments, a second study, looking at the same problem from a different angle, has found deployment of blockchain for cross-border settlement... read more

08 Nov 21 @ 11:27

Global corporates move nearly $23.5 trillion across countries annually, equivalent to about 25% of global GDP. To do this, they have to rely on wholesale cross-border payment processes which remain... read more

18 Oct 21 @ 12:04

There are now some 479 e-money institutions (EMIs) across the European Union and a further 235 in the UK. EMIs store cash for their customers in a digital format for... read more

14 Oct 21 @ 10:34

Over the past decade, core payments processing has become commoditised, squeezing the margins of merchant acquirers. Their future growth is likely to come from providing merchants with value-added services and... read more

14 Oct 21 @ 08:30

The Digital Pound Foundation has been launched by a core group of founding members as an independent forum to support the implementation of a well-designed digital Pound and digital money... read more

12 Oct 21 @ 13:58

Banks from both sides of the Atlantic have successfully exchanged payment messages for a faster cross-border payments as part of a proof of concept demonstrating the feasibility of synchronising settlement... read more

01 Oct 21 @ 12:00

A group of seven central banks (Bank of Canada, Bank of England, Bank of Japan, European Central Bank, Federal Reserve, Sveriges Riksbank and Swiss National Bank), together with the Bank... read more

30 Sep 21 @ 15:23

Visa has announced the launch of a Universal Payments Channel that will support transactions between stablecoins and CBDCs. It an ambitious idea from Visa at this time as it hopes... read more

29 Sep 21 @ 16:07

Singapore is taking a leading position in the fast growing Faster Payments space, inking two deals with influential neighbours in the space of two weeks. First, the Reserve Bank of... read more

28 Sep 21 @ 12:39

A prototype of multiple Central Bank Digital Currencies (mCBDCs) developed by the Bank for International Settlements Innovation Hub and four central banks has demonstrated the potential of using digital currencies... read more

27 Sep 21 @ 08:45

Wiseasy, a leading global digital banking and payment builder, is pleased to announce that it has successfully achieved compliance with the Payment Card Industry Data Security Standard (PCI DSS) covering... read more