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BIS Project mBridge CBDC pilot deemed a success

26 Oct 22 @ 18:53

The Bank for International Settlements (BIS) says the six-week Project mBridge pilot to evaluate whether CBDC would be useful for foreign exchange transfers has successfully processed 160 payments worth around... read more

How banks fail to make use of data – and what to do about it

26 Oct 22 @ 18:40

PCM spoke to Andrej Andelic, Business Development Executive at Nets, about what banks are missing out on by not maximising the benefits of customer transaction data. PCM: Many larger banks... read more

Worldline completes 55% acquisition of SoftPos.eu

26 Oct 22 @ 18:20

Just month after completing the sale of its POS division, Worldline has announced the closing of the acquisition of 55% of the capital of SoftPos.eu, which transforms Android mobile devices... read more

JCB launch “JCBDC” CBDC at POS trial in Japan

25 Oct 22 @ 18:46

Japan’s JCB has launched “JCBDC” (JCB Digital Currency) pilot project with IDEMIA and FinTech company Soft Space . JCBDC pilot will develop a CBDC (Central Bank Digital Currency) payment solution... read more

J.P. Morgan inks deal to offer Meta Pay to merchants

25 Oct 22 @ 18:23

Meta has announced a new partnership with J.P. Morgan Payments to expand Meta Pay to J.P. Morgan merchants as a new checkout option for people. This partnership will allow people to... read more

EU set to mandate instant payments in euro zone

25 Oct 22 @ 18:05

A draft European Union rule would demand that euro zone banks in would be required to provide instant payments in the single currency. The EU wants to modernise payments so... read more

Banks challenged to accelerate personalisation and security in the hyper-connected era

24 Oct 22 @ 21:56

A new report claims that, as in 2021, banks are facing increasing change and consolidating their digital transformation in a pressurised macroeconomic environment. In 2022, however, the study highlights the... read more

PayPal makes big move in support of passkey

24 Oct 22 @ 20:02

PayPal says that it is introducing support for passkey, providing what it says will be an easier and more secure login method for PayPal accounts. Passkeys are an industry standard developed... read more

Vipps and MobilePay merger gets EU clearance

24 Oct 22 @ 19:39

The European Commission has approved the merger of the payment services Vipps and MobilePay, the companies announce the deal had been “approved by all relevant authorities, including the EU Commission”.... read more

Has Apple bitten off more than it can handle with Apple Pay Later?

21 Oct 22 @ 10:05

First came Apple Pay. Then the Apple Card, in partnership with Goldman Sachs. Now Apple has entered the burgeoning Buy-Now-Pay-Later (BNPL) market with Apple Pay Later. So is Apple looking... read more

NatWest moves into BaaS market with Vodeno deal

21 Oct 22 @ 09:49

NatWest Group has entered into a strategic partnership with the Vodeno Group  which will see the creation of a Banking-as-a-Service (BaaS) business in the UK. This strategic partnership will enable... read more

What parents want from their workplaces

21 Oct 22 @ 09:45

While conducting internal meetings over a game of pool or having fridges stocked full of free beer might have lured potential employees in the past, in-office perks are becoming increasingly... read more

How digital wallets are transforming emerging markets

20 Oct 22 @ 13:12

The use of cash around the world dropped by one-third last year according to the World Payments Report 2022. This huge reduction in cash use happened as growing numbers of... read more

Consumers embrace FinTech to tighten grip on finances as cost of living rises

18 Oct 22 @ 10:05

Plaid has published its third annual report entitled The Fintech Effect, revealing that 84% of UK consumers are using FinTech to manage their money in 2022, with broad adoption across demographic... read more

BNPL – Not such a great idea after all?

18 Oct 22 @ 09:12

In this article we look at the effect of an economic slowdown on payment choices, and ask whether BNPL will continue to be the poster-child of payments in this new... read more

Banks are missing out on a customer payment data goldmine

17 Oct 22 @ 16:45

Nets has launched a new product that helps banks which are currently struggling to collate and interpret customer payment data. Time and budget constraints mean most banks do not keep up... read more

Has SCA made it too hard to pay by card?

17 Oct 22 @ 16:04

As implementation of the EU’s Strong Customer Authentication (SCA) moves from a “soft” to “hard” state – that is, with liability transferring to those merchants that don’t employ SCA –... read more

Are you balancing your payments business on a house of cards?

17 Oct 22 @ 10:21

A new white paper from Compass Plus Technologies asks a pertinent question often overlooked in discussions around payments business legacy system replacement: in an industry that is increasingly embracing alternative... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more