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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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Visa launch CBDC solution that targets central banks

14 Jan 22 @ 10:52

Visa has announced plans to offer central banks and financial institutions a central bank digital currency (CBDC) offering in Q2 2022. The payment provider developed the Visa CBDC Payment Module... read more

Payments Cards & Mobile Jobs of the Week

14 Jan 22 @ 09:38

If you’re planning to change jobs in 2022, then you have certainly come to the right place. Our job board is set to be bursting with amazing opportunities this year,... read more

Covid-19 report: A ‘levelling up’ in European e-commerce

13 Jan 22 @ 10:36

It’s commonly understood that the recent pandemic saw e-commerce grow across Europe. However, analysts at RetailX claim that growth in markets with lower internet penetration and fewer digital shoppers was... read more

Project Helvetia successfully tests wholesale CBDC settlement with banks

13 Jan 22 @ 10:28

Project Helvetia, a joint initiative between The Bank for International Settlements’ Innovation Hub (BISIH) Swiss Centre, the Swiss National Bank (SNB) and the financial infrastructure operator SIX, has reached the... read more

UK Open Banking marks fourth year milestone with over 4 million users

13 Jan 22 @ 09:19

January 13th marks the fourth anniversary of the Payments Services Directive 2 (PSD2) * making Open Banking a regulatory requirement in the UK. Open Banking (OB) was mandated by the... read more

Business to Business (B2B) payments: Taking care of business

12 Jan 22 @ 16:41

For years, payments investors focused on consumers’ switch to digital and mobile payments. More recently, investors have shifted to business to business (B2B) payments, where analysts see huge opportunities for... read more

Transit payments: a market in transformation

12 Jan 22 @ 12:00

As the world recovers from the pandemic, users around the world are returning to public transit—and a transformation of how riders pay for these journeys is underway. PCM learns about... read more

Consortium of US banks plan to launch USD backed stablecoin

12 Jan 22 @ 11:00

A group of US banks have announced that they intend to launch their own stablecoin, called USDF, in a move they hope will tackle concerns about the reserves behind nonbank... read more

PayPal confirms reports it is “exploring” stablecoin launch

11 Jan 22 @ 11:55

PayPal has confirmed numerous reports that it is working on a stablecoin. Jose Fernandez da Ponte, senior vice president of crypto and digital currencies at PayPal, confirmed: “We are exploring... read more

Cloud computing giants under scrutiny from Financial Services regulators

11 Jan 22 @ 10:42

The UK’s Prudential Regulation Authority (PRA), which oversees financial stability, is to take steps to bolster banks on the cloud. Data storage is a systemic vulnerability just like financial risk. The regulator... read more

Half of crypto-natives would rather get paid their salary in cryptocurrency

11 Jan 22 @ 10:06

New research reveals that 55% of crypto owners – rising to 60% of 18-24 year olds – would rather get paid their salary in cryptocurrency. The top reasons for this... read more

Why aren’t Banks getting the message on ISO 20022

10 Jan 22 @ 13:48

There is now some serious competitive pressure being placed on Banks to move to the new universal financial messaging standard ISO 20022. The overall shift in the payment industry to... read more

New studies detail chargeback issue – solutions fail to convince

10 Jan 22 @ 11:19

Two new studies have revealed the huge and growing problem of chargeback, or disputed transactions, in the payments business – yet neither offers a convincing methodology for how to fix... read more

New merchant segments, from street food vendors to personal trainers, are going mobile. Here’s why.

10 Jan 22 @ 10:53

Small and micro-merchants are switching to electronic payments across Europe – banks and payments companies must consider the specific needs of this segment. As a new year dawns, commentators are... read more

Infographic: 2022 top trends in payments

07 Jan 22 @ 16:12

In this post we look at the top payment trends for 2022 – 2021 was a year of transition for the payments industry as we moved towards Payments 4.X −... read more

The long road to SCA: Key learnings from Europe

07 Jan 22 @ 11:50

PSD2 introduced the need for SCA, but implementation has been a long journey and several deadline extensions reflect the low levels of market readiness and the disruptions caused by COVID-19.... read more

State of the Blockchain: NFT’s explode onto scene in 2021

07 Jan 22 @ 09:40

The NFT market has seen exponential growth in 2021. In order to capitalise on the demand, investors are giving more attention than ever to start-ups in the category. At the... read more

Payments Cards & Mobile Jobs of the Week

07 Jan 22 @ 09:30

And just like that, we have a whole new year ahead of us (how exciting). January is a common time of the year for people to make changes in their... 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