Retail Banking

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Mastercard Joins TIPS Pilot for Faster Payments

02 Jun 26 @ 20:27

Mastercard has taken another significant step in its push to modernise cross-border money movement, joining a pilot programme designed to enable instant cross-currency payments on the Eurosystem’s TARGET Instant Payment... read more

Italian state-backed lender to increase stake in Nexi

27 May 26 @ 19:59

Italy’s state-backed lender Cassa Depositi e Prestiti is preparing to increase its holding in payments giant Nexi, signalling Rome’s determination to retain influence over one of Europe’s most strategically important... read more

Citi builds an operating layer for AI agents in banking

06 May 26 @ 16:45

Citi has introduced Arc, a new internal platform designed to help the bank build, govern and scale artificial intelligence agents across its global business. The launch marks a further step... read more

EPI confronts the cloud dilemma for Payments sovereignty

05 May 26 @ 16:51

The European Payments Initiative is facing an uncomfortable test of its own strategic logic. Created to build a pan-European payments alternative to the dominant US card networks, the bank-backed consortium... read more

ANZ takes full control of venture with Worldline

30 Apr 26 @ 18:03

ANZ has moved to take full ownership of its Australian merchant payments joint venture with Worldline, underlining the growing strategic importance of acquiring and transaction banking to the country’s major... read more

Emerging markets accelerate the shift to cashless payments

30 Apr 26 @ 18:03

Cashless payments are becoming an increasingly important marker of financial modernisation across emerging market and developing economies, with new data from the Bank for International Settlements showing a sharp rise... read more

ACI Targets US Payments Fragmentation with Connetic platform

28 Apr 26 @ 18:14

ACI Worldwide has launched a major expansion of its Connetic platform in the US, positioning the service as a response to the growing complexity faced by banks operating across multiple... read more

Nexi and Visa unveil strategic partnership in Germany

27 Apr 26 @ 12:53

Nexi and Visa have unveiled a strategic partnership in Germany that signals a broader change in how banks are expected to modernise their card issuing operations. Rather than continuing to... read more

Visa targets dispute costs with new AI tools for merchants and banks

02 Apr 26 @ 18:44

Visa is stepping up its effort to modernise one of the most cumbersome parts of the payments chain, launching a suite of artificial intelligence-powered dispute resolution tools aimed at merchants,... read more

Meta fraud pressure grows as Payments Association calls for shared liability

31 Mar 26 @ 19:08

The Payments Association has escalated pressure on ministers and regulators to confront what it describes as a structural failure at the heart of the UK’s fraud regime: the platforms where... read more

Venmo steps beyond the US through PayPal’s global network

24 Mar 26 @ 17:43

Venmo is making its most significant international move since launch, allowing users in the United States to send and receive money with PayPal account holders across 90 markets. The integration... read more

PayPal takes PYUSD global to transform payments

19 Mar 26 @ 15:00

PayPal’s decision to extend access to its PYUSD stablecoin across 70 markets is more than a product expansion. It is a carefully judged attempt to position stablecoins as a practical... read more

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Visa strengthens fraud defences with BioCatch acquisition

05 Aug 26 @ 16:37

Visa has agreed to acquire Israeli behavioural biometrics specialist BioCatch in a $2.4 billion all-cash transaction, marking one of the payments giant's larges... more

Mastercard launches Wallet Services

22 Jul 26 @ 19:55

Mastercard has launched Wallet Services, a suite of software tools and services intended to help banks, fintechs and digital platforms add contactless payment f... more

Fiserv and Mastercard expand strategic alliance

05 Aug 26 @ 16:36

Fiserv and Mastercard have strengthened their long-standing partnership with a new global agreement designed to simplify payment acceptance for enterprise merch... more