01 Mar 22 @ 16:43

Visa and Mastercard say they have blocked multiple Russian financial institutions from their network, complying with government sanctions. Visa said it was taking prompt action to ensure compliance with applicable sanctions,... read more

01 Mar 22 @ 09:49

RBR research shows that the number of contactless card purchases increased by 36% in 2020. Many hygiene-conscious consumers gravitated towards contactless payment methods during the pandemic to minimise contact with... read more

01 Mar 22 @ 09:09

Sberbank European subsidiaries are on the brink of collapse warns the European Central Bank as Russia’s largest bank face failure because of the impact of sanctions. Shares fell heavily at... read more

28 Feb 22 @ 11:46

Recent years have seen stratospheric growth in BNPL around the world and across Europe, with Grandview Research predicting the global market will reach €17.9 billion by 2028, representing year-on year... read more

28 Feb 22 @ 10:51

More than 80% of Americans used some form of digital payments in 2021, continuing a long-standing trend. The findings of McKinsey’s 2021 Digital Payments Consumer Survey – an ongoing research... read more

28 Feb 22 @ 10:00

Klarna has announced that its H2 2021 net loss widened as it continues to launch new products and services like its physical card, expand into new markets and make acquisitions.... read more

28 Feb 22 @ 09:52

For all of those of us, myself included, who thought that the sanctions laid out by ally governments around the world on Russia were not strong enough, I think we... read more

25 Feb 22 @ 16:21

A raft of economic sanctions have been heaped on Russian banks and oligarchs as the West promises to make Vladimir Putin pay dearly for invading Ukraine. But even with Russian... read more

25 Feb 22 @ 13:00

No trend is more reliable than transaction banking (TB) retaining its much-vaunted position as the bedrock of commercial banking customer engagement and relationship management strength. Across cash management, payment processing... read more

25 Feb 22 @ 09:35

MUFG, Japan’s biggest bank, has announced it will shut GO-NET, the IoT payments solution it set up in 2019 as a joint venture with Akamai in which MUFG held an 80% stake. GO-NET... read more

23 Feb 22 @ 13:04

Just as the European banking sector started to see some attractive tail winds pushing it along, the first since the crisis in 2008, Europe is now on the brink of... read more

23 Feb 22 @ 12:31

There are now more than 5 million active users of Open Banking (OB) services in the UK based on data provided during January 2022 by the CMA9, the nine banks... read more

23 Feb 22 @ 12:17

The Riksbank is investigating whether it is possible to issue a digital complement to cash, a so-called e-krona. Just like cash, the e-krona would be issued by the Riksbank and... read more

22 Feb 22 @ 16:49

We’ve made it to 2022, and even though the pandemic lingers in the background, the explosion of digital payments it caused has left a very different world in its wake... read more

22 Feb 22 @ 09:30

Berkshire Hathaway, as has been widely reported, sold more than $3 billion in stock in the payment giants Visa and Mastercard – but why? According to a securities filing in... read more

22 Feb 22 @ 09:00

A crisis is emerging in e-commerce. From week to week, new studies are published showing fraud attempts in e-commerce – and successful frauds – are rocketing. Meanwhile, governments in the... read more

21 Feb 22 @ 13:33

The Federal Reserve recently requested comment on a discussion paper describing the potential benefits and costs of issuing a CBDC. The paper is not the ringing endorsement of the concept... read more

21 Feb 22 @ 10:51

Following the 28 October 2021 announcement that Facebook will be renamed ‘Meta’, the term ‘metaverse’ has truly come out from the back room, where the gamer is consumed by games such... read more