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Swift set to continue test on inter-bank CBDC connector

13 Mar 23 @ 13:17

Swift says it will continue to progress on its experimental solution for interlinking Central Bank Digital Currencies (CBDCs), reporting that 18 central and commercial banks found “clear potential and value”... read more

Worldline deploy white label shopping mall in Metaverse

10 Mar 23 @ 10:28

Worldline has launched a Metaverse shopping mall that enables merchants, banks and service providers to easily enter the Metaverse. In the future, it is currently assumed that the Metaverse will... read more

94% of banks to invest in modern payment technology

09 Mar 23 @ 16:36

Aite-Novarica research reveals that payment technology is an important area of growth and innovation within the commercial banking space, and legacy systems cannot support end-user demand for better payment capabilities.... read more

Silvergate Bank winds up and heads for insolvency

09 Mar 23 @ 11:56

On the 3rd of March Payments Cards & Mobile reported on the dangers of banks betting big on the cryto boom and the possible fall out from that bet. Today,... read more

Mercedes pay+: In-car payment and authentication

09 Mar 23 @ 09:51

Mercedes-Benz customers in Germany are now able to authenticate payments via an in-car fingerprint sensor. Mercedes bought PayCash Europe back in 2017 with the intent on launching in-car payments. With... read more

Brazil central banks prepares for digital real CBDC trial

08 Mar 23 @ 18:04

The Central Bank of Brazil will start a CBDC pilot project, aiming to replicate the success of its instant payment system Pix and help further popularise financial services in the... read more

UK consumer spending report

08 Mar 23 @ 17:36

When compared to the same report launched in February 2022, Essential card spending grew by 6.7% in February 2023, driven by Grocery spend growth at 6.6%. Fuel spend grew by 5.0% in February 2023, down from 9.3% in... read more

Instant payment transactions to exceed 235 billion globally by 2027

07 Mar 23 @ 17:45

A study has found that the number of consumer instant payments, any payment outside of a card network that is capable of receiving funds in 10 seconds or under, will... read more

Project Icebreaker concludes experiment for cross-border CBDCs

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

UK financial services sector spending £22k per hour fighting fraud

06 Mar 23 @ 17:41

UK financial services organisations are collectively spending £34.2 billion each year on financial crime compliance (FCC), according to the latest True Cost of Compliance report from LexisNexis Risk Solutions. This... read more

Japan Metaverse Economic Zone

06 Mar 23 @ 16:43

10 major Japanese Tech and Finance powerhouse have joined together to launch the Japan Metaverse Economic Zone. The companies have signed a basic agreement for the building of an Open... read more

Australian Central Bank starts CBDC project rolling

03 Mar 23 @ 17:54

As previously announced, the Reserve Bank of Australia is collaborating with the Digital Finance Cooperative Research Centre (DFCRC) on a research project to explore potential use cases and economic benefits of... read more

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more