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Visa acquires European Open Banking platform Tink

24 Jun 21 @ 09:10

Visa announced it has signed a definitive agreement to acquire Tink, a European Open Banking platform. Visa will pay total financial consideration of €1.8 billion, inclusive of cash and retention incentives.... read more

The ASEAN Financial Innovation Network (AFIN) launch CBDC sandbox

23 Jun 21 @ 16:10

The ASEAN Financial Innovation Network (AFIN), a non-profit backed by the Monetary Authority of Singapore (MAS), the World Bank’s International Finance Corporation (IFC), and the ASEAN Bankers Association, is launching... read more

Cash is alive! Long live the cash

23 Jun 21 @ 15:37

Even before the pandemic, the future of cash was being discussed as the use of digital payments accelerated. But the pandemic has raised the volume of that debate significantly. It... read more

El Salvador rejected by World Bank in request for Bitcoin implementation

23 Jun 21 @ 12:52

Last week we broke the news that El Salvador had decided to make Bitcoin official tender in the country – and this next bit will surprise you…a  lot. The World... read more

European Fraud Map – UK winning card fraud loss battle

22 Jun 21 @ 15:55

2020 was an incredibly challenging year across the globe, with a rapidly changing mix of customer demands, a volatile staffing and servicing model, and a need to drive transformation quicker... read more

The New State Of Retail: The impact on online retailers and the shift to e-commerce

22 Jun 21 @ 12:57

European e-commerce had a buoyant year in 2020. Not only did digital retailers see exceptional revenue growth, but they gained exposure to whole new markets and consumers. It was not... read more

Central Bank digital currencies to spark new era for FinTech 2.0

22 Jun 21 @ 12:29

In a newly released FinTech 2.0 whitepaper, Money20/20 lays out its vision for the next era of FinTech, as we enter the recovery phases of COVID-19. The paper predicts seismic... read more

Revolut losses widen to £200 million for 2020

21 Jun 21 @ 13:30

Revolut has announced further, deeper losses which have virtually doubled to above £200 million last year. Annual filings showed a loss before tax of £207.9 million for the year to... read more

The digital euro roll-out – Fabio Panetta on the record

21 Jun 21 @ 13:04

The introduction of a digital euro would boost consumers’ privacy and protect the eurozone from the “threat” of competing cryptocurrencies that could undermine the bloc’s monetary sovereignty, according to the... read more

Deutsche Bank and Fiserv form merchant acquiring joint venture in Germany

21 Jun 21 @ 09:35

Just seven month after Deutsche Bank announced it was looking for acquisitions and partnerships to move itself back into mainstream merchant acquiring, Germany’s largest bank, has announced a joint venture... read more

Payments Cards & Mobile Jobs of the Week

21 Jun 21 @ 09:07

Are you a professional looking for an exciting new opportunity? Well then you have absolutely come to the right place. Today, we had a look through our job board for... read more

The payments landscape: How Latin Americans pay for e-commerce

17 Jun 21 @ 09:42

Credit cards are the most used payment method for e-commerce purchases in Latin America. But that doesn’t mean these are the preferred payment methods in the region – only that... read more

Ransomware and hacking now bigger threat to UK businesses than hostile states

17 Jun 21 @ 09:39

Cyber criminals carrying out ransomware attacks are now a bigger risk to UK national security  and businesses than online espionage by hostile states, Britain’s cyber defence chief has warned. Lindy... read more

UK Finance 2021 Payments Market Report – Contactless and Mobile on top

16 Jun 21 @ 12:02

UK Finance has released its 2021 Payments Market Report, an analysis of all forms of payments over 2020 showing the impact the Covid-19 pandemic and resultant lockdowns had on the... read more

World Bank Report: International remittance defies COVID-19 predictions

16 Jun 21 @ 11:02

Defying predictions, remittance flows have proved to be resilient during the COVID-19 crisis according the World Bank. In 2020, officially recorded remittance flows to low-and middle-income countries reached $540 billion,... read more

INTERVIEW: Why is the Eurasian payments market good for growth

15 Jun 21 @ 15:30

Based in the UK, Victoria Conroy is a writer and researcher, and the Editor of PCM’s Digital and Card Payments Yearbooks. We asked Victoria for her perspective on the highlights... read more

Want to grow your payments business? Go East – Eurasian payments are heating up

15 Jun 21 @ 15:24

Rapid growth in card issuance and usage, a fast-expanding POS network and growing economies. The Eurasian payments market holds exciting opportunities for all kinds of payments players – so why... read more

Cyber security needs a new approach

14 Jun 21 @ 16:17

For some time, PCM has championed the need for companies to completely rethink their approach to cyber security. New approaches to cyber security are vital to combat everything from money laundering... 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

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more