Remittance

22 May 23 @ 17:27

African banks remain resilient and committed to digitization to remain relevant in today’s competitive landscape. As competition heats up between the different players, AI is identified as key technological trend... read more

18 May 23 @ 15:47

The Hong Kong Monetary Authority (HKMA) has announced a trial of its CBDC, the e-HKD, allowing the public to be able to shop, dine out and make money transfers with... read more

05 May 23 @ 15:42

The evolving payments landscape in commercial banking is a continued area of focus for financial institutions (FIs) and vendors. Broadly described as infrastructure or payments modernization efforts, FIs in particular... read more

03 Apr 23 @ 13:58

Payment models are changing radically, creating both challenges and opportunities for financial institutions. New digital-only banks have accelerated innovation, while the pace of global change has created a new competitive... read more

21 Mar 23 @ 14:21

EBA CLEARING says its systemically important payment system EURO1 has successfully migrated to ISO 20022. The RTGS-equivalent payment infrastructure closed its first business day operating on the new message standard.... read more

20 Mar 23 @ 17:35

National Australia Bank (NAB) appears to be going head to head with its own Central Bank in a race to launch its own stablecoin AUDN. Earlier this month, Payments Cards... read more

07 Mar 23 @ 17:28

The Bank for International Settlements (BIS) and the central banks of Israel, Norway and Sweden have concluded Project Icebreaker, which studied the potential benefits and challenges of using retail central... read more

22 Feb 23 @ 18:39

The modern ACH Network processed 30 billion payments valued at $76.7 trillion in 2022, increases of 3% and 5.6% respectively over 2021. “2022 marked the tenth consecutive year in which... read more

21 Feb 23 @ 17:57

A new study has found the total volume of international digital remittances will exceed 2 billion globally in 2027, from just over 1.1 billion in 2022. It predicts this growth will... read more

09 Feb 23 @ 16:08

A new report from Banking Circle suggests that the services currently offered by Payment Service Providers aren’t going far enough to support the shift to e-commerce. The report, The perfect... read more

06 Feb 23 @ 18:24

Payments Cards & Mobile’s exclusive annual review of European payments data from 33 European countries confirms the growth of online payments versus in-person, as well as the dominance of debit... read more

26 Jan 23 @ 14:00

Local Russian news outlets are reporting that Russia and Iran are considering a stablecoin collaboration to skirt financial and economic restrictions imposed by the US, EU, UK and other countries,... read more