Processing & Systems

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UK payment systems represent systemic risk to financial stability – central bank consolidation underway

10 May 17 @ 09:39

In a recent announcement, the UK’s Payment Systems Regulator and the Bank of England (BoE) agreed a framework for the consolidation of Bacs, the Cheque and Credit Clearing Company and... read more

ACH volume grows to more than 25 billion payments and $43 trillion

18 Apr 17 @ 10:53

Following four consecutive quarters of more than 5 billion electronic payments in each quarter – a first for the ACH Network – overall volume in 2016 amounted to 25.6 billion... read more

PSD2: Towards a platform approach — what banks need to know

11 Apr 17 @ 12:13

Open innovation is undoubtedly one of the drivers behind PSD2. However, the trend towards open banking and APIs is a global one that goes beyond European legislation. And effects more... read more

US set to relax rules for banks – too big to fail problem solved

06 Apr 17 @ 16:37

Jamie Dimon, the CEO of JP Morgan Chase has come out in support of Donald Trump’s move to relax financial regulations, saying that the slew of new rules put in... read more

Open access, Open banking and Open APIs – Are banks Open for business?

04 Apr 17 @ 11:04

With all the talk about open access, open banking and open APIs, it’s open season on ‘open’ in financial services at the moment. The PSD2 is driving the ‘open’ agenda... read more

76% of merchants experienced complete payments outages within the last year

03 Apr 17 @ 11:39

A new study commissioned by SafeCharge has revealed that payment outages and downtime are causing frequent disruption to merchants bottom line and growth abilities. The research ‘Payments, Interrupted’, conducted by... read more

Global Blockchain startup map

29 Mar 17 @ 10:43

The blockchain ecosystem made great leaps forward in 2016, with dozens of new companies, funding rounds and partnerships making headlines. But who is doing what in the Blockchain ecosystem ca... read more

Global flows in a digital age: How trade, finance and data connect the world economy

21 Mar 17 @ 13:14

Global flows have been a common thread in economic growth for centuries, since the days of the Silk Road, through the mercantilist and colonial periods and the Industrial Revolution. But... read more

G20 should create central bank led blockchain consortium

21 Mar 17 @ 12:48

Centre for International Governance Innovation (CIGI) has urged G20 members to take control of blockchain technology by building an international, regulatory framework. Blockchain is key for an inclusive, transparent and... read more

How can API standardisation be achieved in the context of PSD2?

15 Mar 17 @ 11:05

In less than a year the revised Payment Services Directive (PSD2) will be implemented in European Union (EU) Member States, and the acronym ‘API’ is on the minds of Payment... read more

Market analysis – payments cards in Europe (E33)

14 Mar 17 @ 11:50

Payments cards and card payment at the point of sale and online showed solid growth rates in most European countries in 2015. This was supported by the roll-out of new... read more

Instant payments: lessons learned from early adopters

14 Mar 17 @ 11:31

The ability to offer instant payments has become a necessity for banks around the world as they keep up with customer expectations and set themselves up strategically for the future.... 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