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08 Jun 21 @ 16:18
11 banks have participated in a trial of blockchain based FX intraday swaps. NatWest, Deutsche Bank, Bank of Ireland, Banca Mediolanum and seven other banks participated with $14.5 trillion in combined... read more
03 Jun 21 @ 11:38
Mir – a payment service provider introduced in Russia in late 2015 – is carving a place in the market as a serious provider. Since it launched it managed to... read more
26 May 21 @ 16:00
Following on from the World FinTech Report 2020, FinTechs are approaching their next maturity milestone – profitability – as they demonstrated resilience during the COVID-19 pandemic with verticals recording double-digit... read more
14 May 21 @ 10:34
Facebooks cryptocurrency Diem has been forced to abandon plans to gain a license in Switzerland via its financial regulator FINMA and is instead going to set up operations in the... read more
05 May 21 @ 12:51
The global smart card market size was valued at $10.19 billion in 2019, and is projected to reach $15.57 billion by 2027, growing at a CAGR of 6.2% from 2020... read more
20 Apr 21 @ 09:22
The Bank of England and HM Treasury have announced the joint creation of a Central Bank Digital Currency (CBDC) Taskforce to coordinate the exploration of a potential UK CBDC.A CBDC... read more
31 Mar 21 @ 16:11
The Payment Systems Regulator (PSR) has set out provisional accusations for five payments companies including Mastercard, in which it states the companies violated antitrust laws, by operating a cartel for... read more
16 Mar 21 @ 16:45
Following a 2019 announcement, IDEMIA, G+D and NXP Semiconductors have launched the White Label Alliance (WLA), which responds to growing global demand for next-generation, independent payment solutions for domestic and private-label payment brands. The White... read more
11 Mar 21 @ 11:05
Russia’s largest food retailer, the X5 Group, has partnered with Visa and Sber to launch Face Pay biometrics at self-service checkout terminals in its stores, the facial recognition payment system may... read more
09 Mar 21 @ 09:36
Diem has announced partnership with Fireblocks to launch a new payment solution for institutions, merchants and payment networks, across the global stablecoin and payments system formerly known as libra. The... read more
25 Feb 21 @ 17:05
European commercial card spending rose by 11% in 2019 to €366 billion and accounted for 8% of the total value of card payments. Charge cards, where transactions must be paid... read more
23 Feb 21 @ 16:18
New research points to changing payment habits among online shoppers. A European study of 10,000 consumers and 1,000 merchants found that seven out of ten (71%) UK shoppers now prefer... read more
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
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
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