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Taking stock of new tech: where is the FinTech industry now?

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

Bitcoin mining recovers from Chinese crackdown to reach new highs

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

SWIFT’s ISO 20022 services for cross-border payments ready for customer testing

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

Payments Cards & Mobile Jobs of the Week

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

Meta’s Novi payments now available through WhatsApp

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

Hong Kong heads towards cashless – Digital payments booming

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

UK CBDC – Threat or Opportunity for payments industry?

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

Visa deepens relationship with crypto and launches advisory service

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

Commercial card payments reach 10% of global card payments

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

Merchant Services: Taking the $100 billion opportunity before it’s too late

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

Worldline acquires 80% of Eurobank merchant acquiring unit

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

A parallel payments data revolution to underpin digital payments

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

The threat that quantum computing poses for FinTech companies

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

Online businesses see checkout as a competitive advantage – consumers want more choice

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

The top six highest paying jobs for FinTech in 2022

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

ECB approves a new oversight framework for electronic payments

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

Report: The Future Consumer 2023

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

Lithuania – how regulatory innovation created a nascent FinTech superhub

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

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more