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BdF, SNB and BIS complete Project Jura cross-border wCBDC experiment

13 Dec 21 @ 11:05

Banque de France (BdF), Swiss National Bank (SNB) and Bank for International Settlements’ (BIS) Innovation Hub have successfully completed Project Jura, an experiment in cross-border wholesale CBDC, in collaboration with Accenture, Credit Suisse, Natixis, R3, SIX Digital Exchange and UBS.... read more

Infographic: The growth and future of mobile commerce

13 Dec 21 @ 10:32

In 2021, e-commerce growth as a digital category is being driven largely by mobile commerce. In fact, eMarketer estimates (via Statista) that in 2021, mobile will make up about 73% of all e-commerce sales;... read more

UK’s GCHQ raises fears of China’s digital renminbi project

13 Dec 21 @ 09:40

The UK signals intelligence agency GCHQ has warned that China’s digital renminbi, risks becoming a tool to surveil users and exert control over global currency transactions. In an interview with... read more

Taking stock of new tech: where is the FinTech industry now?

10 Dec 21 @ 10:18

In Q4 of 2021, FinTech Connect surveyed 100+ FinTech Leads from across the entire FinTech ecosystem to find out more about what are the challenges and opportunities currently presented within... read more

Bitcoin mining recovers from Chinese crackdown to reach new highs

10 Dec 21 @ 09:28

Bitcoin mining has jumped close to its all-time high as cryptocurrency miners shift their operations to new countries following the crackdown in China. The bitcoin hash-rate, a measure of how... read more

SWIFT’s ISO 20022 services for cross-border payments ready for customer testing

10 Dec 21 @ 09:00

SWIFT announced the availability of its new In-flow Translation service and confirms that it now offers a full ISO 20022 customer testing environment for cross-border payments. In-flow Translation will enable... read more

Payments Cards & Mobile Jobs of the Week

10 Dec 21 @ 08:03

If you’re on the job hunt this side of Christmas, we want to do what we can to help. We know how busy this time of year can be, and... read more

Meta’s Novi payments now available through WhatsApp

09 Dec 21 @ 16:26

Meta’s cryptocurrency wallet, Novi, will now allow users to send and receive money through WhatsApp. The pilot program is open to a limited number of people in the US, Stephane Kasriel,... read more

Hong Kong heads towards cashless – Digital payments booming

09 Dec 21 @ 11:04

Hong Kong is heading towards being cashless as paper money and coins account for no more than 1.6% of POS transactions by 2024, the lowest in the Asia-Pacific region, and... read more

UK CBDC – Threat or Opportunity for payments industry?

09 Dec 21 @ 10:36

The transition to electronic money continues at pace and has been accelerated by Covid-19. The Bank of England (the Bank) reports that around 95% of the funds that people hold... read more

Visa deepens relationship with crypto and launches advisory service

08 Dec 21 @ 17:45

Visa is doubling down on it investments into crypto by launching new consulting and advisory service to help its clients navigate the world of cryptocurrencies. It announced its crypto advisory... read more

Commercial card payments reach 10% of global card payments

08 Dec 21 @ 12:35

Fuelled by dynamic integrated technology innovation, seamless regulatory compliance and enhanced value added services, businesses can generate operational advantages, achieve process improvements, and lower costs through the new generation of... read more

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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