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

08 Dec 21 @ 09:01

Eurobank, one of the four largest lenders in Greece, has announced it entered into a binding agreement to sell 80% of its merchant acquiring business to Worldline in an attempt to... read more

07 Dec 21 @ 09:00

US payments technology is currently lagging behind other regions with lengthy settlement delays, limited mobile money penetration and outdated data management processes. Just 10% of US consumers use mobile payments,... read more

06 Dec 21 @ 16:01

With claims circulating that not one but two quantum computers have already been developed which are 10 million times faster than the most powerful conventional supercomputers and IBM recently announcing... read more

06 Dec 21 @ 14:06

The COVID-19 pandemic saw the majority of online businesses (61%) accelerate their plans to upgrade the checkout as a direct result of them seeing consumer payments preferences changing (65%) and... read more

06 Dec 21 @ 09:00

The FinTech industry has grown exponentially over the last decade and this expansion won’t be slowing down in 2022 either. While 2020 and 2021 were dominated by the challenges of... read more

03 Dec 21 @ 16:09

Following a 2020 public consultation, the European Central Bank’s (ECB) Governing Council has approved a new Eurosystem oversight framework for electronic payments, schemes and arrangements. Background The PISA framework is the result... read more

03 Dec 21 @ 10:45

Consumers and financial service providers often play leapfrog, taking turns making the next jump into the future. Decades ago, risk and regulatory innovations enabled banks to issue cards more broadly,... read more

03 Dec 21 @ 08:47

With a tiny population of just under 3 million, few could have predicted Lithuania would become a hotbed of FinTech innovation. Since the UK’s withdrawal from the European Union, however,... read more

02 Dec 21 @ 17:00

New research reveals an increase in spending among Europe’s financial executives, with 47% saying their Open Banking budgets have risen in 2021. This follows a challenging year in 2020, where... read more

02 Dec 21 @ 12:45

New analysis has observed over 4 million (4,481,379) payment card details, belonging to users across 140 countries, being traded on the dark web. The hackers were found selling payment cards information for... read more

02 Dec 21 @ 10:35

Of the many payment innovations to surface in the past 20 years, the QR code is enjoying a resurgence, having once been viewed as a failed marketing gimmick that became... read more

01 Dec 21 @ 17:20

With inflation surging, consumers’ financial optimism has taken a hit for a second quarter in a row, according to TransUnion’s latest Consumer Pulse study. In stark contrast to the renewed positivity seen... read more

01 Dec 21 @ 09:57

The Bank of London, set up to approve and process payments in the UK clearing market, will launch for only the second time in 250 years  as it aims to... read more

01 Dec 21 @ 09:25

As in many other areas of life, COVID-19 has accelerated changes evident in merchant acquiring over the last five years. These changes go beyond the obvious, such as the shift... read more