16 Dec 21 @ 15:43
As payments go digital and new methods such as Account to Account (A2A), crypto and Buy Now Pay Later (BNPL) rocket in popularity, regulators are struggling to keep up with... read more
15 Dec 21 @ 10:04
Anti Money Laundering (AML) red flags have been indicated at more than a third of UK-licensed electronic money institutions (EMIs), according to Transparency International UK. Transparency International UK warned in... read more
15 Dec 21 @ 09:15
JCB International and Planet have announced the expansion of their European partnership. This new deal ensures Planet will perform as a JCB acquirer across European territories for both face-to-face and... read more
14 Dec 21 @ 15:35
A new study has found that the total value of mobile money transactions in emerging markets will exceed $870 billion in 2026, up from $555 billion in 2021, representing growth... read more
14 Dec 21 @ 15:14
The UK Financial Conduct Authority (FCA) has recently published its policy statement PS21/19 which sets out amendments to the UK SCA-RTS. The Policy Statement sets out final rule changes, as... read more
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
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
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
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
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
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
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
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
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
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
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
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
08 Dec 21 @ 09:26
In their 2021 Global Payments Report, McKinsey and Company identify[1] an $100 billion opportunity to provide small and medium enterprises (SMEs) with new payments services. By offering value-added services to... read more
23 Sep 26 @ 14:34
The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more
21 Sep 26 @ 19:41
European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more
24 Sep 26 @ 16:29
Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more