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SumUp splashes $317 million in cash to take on US market

18 Oct 21 @ 11:46

SumUp has acquired Fivestars, a marketing start-up, in a bid to expand its reach across the US and take on rivals like PayPal and Square. The company says it is buying Fivestars for... read more

CBDCs and Big Tech present opportunity for banks to embrace crypto

15 Oct 21 @ 08:51

Cypherium and Boston Consulting Group (BCG) have released a joint white paper finding that banks should potentially embrace crypto payments amid the emergence of Central Bank Digital Currencies (CBDCs) and... read more

Infographic: NFC and the Internet of Things are better together

15 Oct 21 @ 08:15

Near Field Communication (NFC) and the Internet of Things (IoT) are better when they work together. Indeed, the strongest case for NFC is the way it will complement the ever-growing... read more

Payments Cards & Mobile Jobs of the Week

15 Oct 21 @ 08:00

Are you on the hunt for a new gig? Well, you have come to the right place. This week, we’re bringing you three brilliant (and interesting) jobs that are available... read more

Merchant acquiring: The $100 billion opportunity in small business

14 Oct 21 @ 10:34

Over the past decade, core payments processing has become commoditised, squeezing the margins of merchant acquirers. Their future growth is likely to come from providing merchants with value-added services and... read more

Digital Pound Foundation launches to support development of CBDC and digital money ecosystem

14 Oct 21 @ 08:30

The Digital Pound Foundation has been launched by a core group of founding members as an independent forum to support the implementation of a well-designed digital Pound and digital money... read more

TietoEVRY announces new strategy

14 Oct 21 @ 08:00

TietoEVRY has announced its new strategy to drive customer value and growth through specialisation. The technology industry is being reshaped with cloud as the foundation, providing expansion opportunities for the... read more

PCM Feature: Is there too much investment in payments?

13 Oct 21 @ 17:02

For more than a decade, the shift to e-commerce and mobile has brought huge amounts of investment into payments. As further fresh investment rounds are announced, PCM asks whether a... read more

Banks must urgently embrace next generation payments

13 Oct 21 @ 10:14

Payments are entering a new experience-driven era (Payments 4.X), ushered in by an accelerated transformation timeline due to COVID-19 and the growing digital appetite of customers, according to the World Payments... read more

Tippay by Radar Payments enables staff tips direct into their account

13 Oct 21 @ 08:46

Paytech processing provider Radar Payments has launched a standalone service for tipping and gratuity that can be deployed by financial institutions to help reward hospitality staff and other workers for their... read more

EBA CLEARING, SWIFT and TCH team to pilot fast cross-border payments

12 Oct 21 @ 13:58

Banks from both sides of the Atlantic have successfully exchanged payment messages for a faster cross-border payments as part of a proof of concept demonstrating the feasibility of synchronising settlement... read more

Hong Kong shows strong signal to enter CBDC market with e-HKD

12 Oct 21 @ 08:10

The Hong Kong Monetary Authority (HKMA) has recently published a technical whitepaper on retail central bank digital currency (CBDC), becoming one of the 82 countries now exploring the move to... read more

R3 acquires regulated markets stablecoin issuance capability with Ivno

12 Oct 21 @ 08:05

R3 has acquired the technology and team of the financial asset tokenization specialist Ivno, enabling the use of Ivno-developed capabilities across the Corda platform. This acquisition further strengthens R3’s capabilities in the... read more

Skills gaps holding financial institutions back

12 Oct 21 @ 08:00

The latest study from Banking Circle has revealed the new challenges faced by CIOs and CTOs working in Banks and FinTechs. The insight from the Payments bank for the new... read more

SCA: EU failure average of 26% leads to e-commerce losses of €82 billion

11 Oct 21 @ 09:04

The enforcement deadline for Strong Customer Authentication (SCA) has passed for most European countries and the latest data from the CMSPI Failure Rate Tracker for August 2021 suggests a European... read more

Three trends redefining the global cross-border payments market

11 Oct 21 @ 08:45

Global cross-border payment flows are expected to reach $156 trillion in 2022. This trillion-dollar cross-border payments market is being shaken up by a rush of new entrants that promise to... read more

EU launch antitrust charge to Apple Pay over NFC chip access

08 Oct 21 @ 14:22

The EU has launched an antitrust charge over Apple’s NFC chip technology, people familiar with the matter said, a move that puts it at risk of a possible hefty fine... read more

World Payments Report: Non-cash transaction growth hit hard by COVID

08 Oct 21 @ 12:06

The pandemic affected business as usual in all sectors. But in the payments industry, business hasn’t been usual for years. So, when lockdowns, supply chain interruptions, and economic uncertainty consumed... read more

Trending

ECB brings Central Bank money to tokenised market

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

European E-commerce Hits €911bn as Payments Reshape Online Retail

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

Inside A7: How Russia built a parallel cross-border payments network

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