Remittance

28 Feb 17 @ 17:06

The development of new payment services and the evolution of technology are currently the top priority of most domestic payment schemes. An overwhelming majority of schemes are in favour of... read more

27 Feb 17 @ 14:15

When it comes to corporate liquidity and treasury management, the banks I’m talking to all seem to have one thing in common. The need for speed. Whether they are offering in-house... read more

23 Feb 17 @ 10:01

Ten years ago the European Commission (EC) and the European Central Bank (ECB) announced a common vision for the Single Euro Payments Area (SEPA), which they described as an “integrated... read more

17 Feb 17 @ 12:01

Let’s be honest, reconciliation is a pain. It’s a battle, a struggle and an all-around nuisance for corporates, albeit a necessary one. Getting paid is crucial, irrespective of business size.... read more

16 Feb 17 @ 12:00

Kenya Bankers Association (KBA), the banking industry’s umbrella body, has awarded Tieto the contract to develop Kenya’s first industrywide switching platform in a move that will see banks enhance efficiency... read more

08 Feb 17 @ 09:41

The Central Bank of Kenya (CBK) has given six banks the go ahead to launch a mobile money transfer platform to compete directly with M-Pesa, starting new competition in the lucrative financial... read more

06 Feb 17 @ 10:41

The merchant acquiring market in Europe is operating on solid grounds of continuous transaction growth, however the cost pressures in the industry increases are very high primarily due to new... read more

30 Jan 17 @ 12:03

In early 2015, the Federal Reserve issued the Strategies for Improving the US Payment System paper that outlined the collective thinking of US payment system stakeholders and the Federal Reserve... read more

26 Jan 17 @ 16:33

Ant Financial has stepped up its international expansion by reportedly buying US money-transfer service MoneyGram International for $880 million. The $880 million acquisition marks Ant’s first deal with a US-listed company,... read more

20 Jan 17 @ 10:27

Western Union has agreed to settle $586m after admitting that it violated US anti-money laundering laws by ignoring evidence that thousands of its agents were involved in sending illicit cash... read more

19 Jan 17 @ 10:53

PCM would like to announce the publication of the updated Payment Card Statistical Yearbooks 2016-17 (Statistics for Europe and Eurasia) – and its corresponding website paymentyearbooks.com. In this business, we know you need to... read more

19 Jan 17 @ 10:13

EBA CLEARING announced the kick-off of the testing phase for its pan-European instant payment infrastructure platform scheduled to go live in November 2017. 28 of the funding institutions from all over... read more