Processing & Systems

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More top banks pile into R3 Blockchain initiative

30 Sep 15 @ 15:23

Just week after Nine of the largest investment banks, including Goldman Sachs, JPMorgan and Credit Suisse, thirteen more top banks, including HSBC and Deutsche Bank, havebacked the consortium led by financial... read more

South Korea’s cards and payments industry

28 Sep 15 @ 12:40

According to a new report, South Korea’s cards and payments market is one of the most competitive and attractive in Asia-Pacific. In terms of volume and value of transactions, South... read more

US pushes for real-time mobile payments

23 Sep 15 @ 14:47

Millions of Americans use their phones to buy things and send money to people, but the technology involved in moving towards real-time mobile payments in the US lags behind many other industrialized... read more

Blockchain: it really is a big deal

17 Sep 15 @ 16:08

Over the past two decades, the Internet, cloud computing and related technologies have revolutionized many aspects of business and society. These advances have made individuals and organizations more productive, and... read more

$20 trillion spent on payment cards worldwide in 2014

16 Sep 15 @ 19:59

New research by RBR shows that the number of payment cards in circulation worldwide increased by 11% in 2014 to reach 12 billion, largely driven by strong growth in Asia-Pacific... read more

Big banks back Blockchain initiative

16 Sep 15 @ 08:38

Nine of the largest investment banks, including Goldman Sachs, JPMorgan and Credit Suisse, are planning to develop common standards for blockchain technology in an effort to broaden its use across... read more

67% of UK SMEs look beyond their bank for financial services

15 Sep 15 @ 09:00

A new study commissioned by BCSG has revealed that the relationship between retail banks and their small and medium sized enterprise (SME) customers is weakening. The research demonstrates that the... read more

IBM opens blockchain lab with Innovate Finance

11 Sep 15 @ 12:48

In further evidence (as if it were needed) of the value payments companies are placing in the concept of blockchain technology, Innovate Finance has establish a blockchain lab in partnership with... read more

Visa, Nasdaq and others invest $30 million in blockchain startup Chain

10 Sep 15 @ 10:37

Wall Street is putting more money behind a blockchain technology which  it once dismissed as a fad. Some of the biggest companies in the financial sector have invested $30 million... read more

The impact of combining Blockchain technology with central bank-backed currency

10 Sep 15 @ 10:26

The implications of putting central bank-backed fiat currency on a distributed ledger such as Blockchain are profound. A report sets out the implications for management of an economy, the potential to... read more

MyBank to launch pilot for Identity Verification Service

10 Sep 15 @ 10:20

MyBank has issued a call for participation in the pilot phase for its Identity Verification Service to Payment Service Providers (PSPs) and service providers. The pilot will start in mid-November... read more

Saxo payments adds Credorax to partner portfolio

10 Sep 15 @ 08:46

Saxo Payments has announced that Credorax will join First Data, Tuxedo Money, Valitor and Allied Wallet, as a partner in the Saxo Payments Banking Marketplace. Credorax, with a focus on the e-commerce... 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