20 Sep 23 @ 11:45

You may all be aware that Sibos is on this week! Earlier in the week we covered an interesting development that Revolut is attacking Swifts dominance in cross border payments... read more

20 Sep 23 @ 10:13

Ever wondered which country leads the e-commerce market in terms of value, or how regions compete in this digital era against global competitors? A recent  study delves deep into these... read more

20 Sep 23 @ 08:26

Intesa Sanpaolo are launching a SoftPOS solution that allows merchants to use their smartphones and tablets to accept payments made by their customers using contactless cards from the main schemes... read more

19 Sep 23 @ 12:14

INFORM has released the publication of its in-depth Responsible AI Guidelines. As the AI landscape continually evolves, INFORM says it recognises the imperative to harness its power responsibly. The tremendous... read more

19 Sep 23 @ 11:00

Revolut has announced the launch of RevTag, its instant and free payments ecosystem, to Revolut Business customers. The RevTags feature will enable customers to send and receive instant zero-fee cross-border... read more

18 Sep 23 @ 16:46

The World Payment Report 2023 Executive Survey results indicate that retail payments comprise 59% of total transaction volume while commercial payments comprise 41%. However, in terms of value, commercial payments make... read more

18 Sep 23 @ 15:36

According to Data Bridge research, the global market for digital payments acceptance systems is set to grow by 28% by 2030 to reach $53.4 billion. Changing consumer behaviours and technology... read more

18 Sep 23 @ 14:50

In May 2023, the European Commission published a draft proposal to mandate the use of instant payments for all Euro transactions between member states into and out of the Euro... read more

15 Sep 23 @ 14:42

Non-cash transaction volumes maintained upward momentum as consumers and businesses adopted digital payment schemes. The World Payment Report 2023 estimates suggest that from 2022 to 2027, non-cash transaction volume growth will... read more

15 Sep 23 @ 13:56

In 1999, a then-unknown Elon Musk purchased the web domain x.com and set about building his vision for an internet-only bank. While said bank didn’t materialise, the site eventually morphed... read more

15 Sep 23 @ 09:53

The total number of UK payments (consumer and business) in the UK last year increased to 45.7 billion, up from 40.4 billion in 2021. Payments made by businesses accounted for... read more

14 Sep 23 @ 14:58

Consumer cash payments increased by 8% to 6.3 billion payments in 2022. This was the first-time cash transactions grew since 2012. Although cash payments are still more than 30% below... read more

13 Sep 23 @ 16:59

In a new Global Benchmark for Sustainable Banking report it examines the key trends, opportunities and challenges presented by the adoption of key emerging technologies such as cybersecurity technologies, machine... read more

13 Sep 23 @ 16:34

Swift has entered a new phase of its breakthrough work on Central Bank Digital Currency (CBDC) interoperability, announcing that three central banks are beta testing its solution for interlinking CBDCs.... read more

12 Sep 23 @ 16:51

Whether consumers have swiped, tapped, dipped, waved a wrist or held a device near a card reader at a retail location in recent months, the chances are good that they’ve... read more

12 Sep 23 @ 16:20

In 2017, the National Cyber Security Centre (NCSC) published a detailed report examining the cyber crime business model – this report has been updated in 2023. Since 2017, the growth... read more

11 Sep 23 @ 16:57

The global decentralized finance market was valued at $13.8 billion in 2022, and is projected to reach $497.9 billion by 2032, growing at a CAGR of 43.4% from 2023 to... read more

11 Sep 23 @ 15:00

Serious and organised crime continues to threaten the internal security of the EU says a new report: The Other Side of the Coin: An Analysis of Financial and Economic Crime.... read more