06 Nov 20 @ 16:42

Pre-COVID, over 40% of consumers surveyed used contactless payment daily or almost daily, most with a smartphone. Uses for contactless technology beyond payment – public transportation, digital identity, unlocking and... read more

06 Nov 20 @ 10:28

Whilst the focus is always on the FinTech party eating the incumbent lunch, HSBC has struck back in the money transfer battle by launching Global Money Account, its own fee-free international... read more

05 Nov 20 @ 18:23

It has been reported that the Justice Department has filed an antitrust lawsuit against Visa in an attempt to block the proposed $5.3 billion acquisition of Plaid. Plaid builds technical... read more

05 Nov 20 @ 17:33

As the COVID-19 pandemic and economic crisis continues to spread, the remittance that migrant workers send home is projected to decline 14% by 2021 compared to the pre COVID-19 levels... read more

05 Nov 20 @ 13:06

The FinTech boom of the last 10 years has widely been regarded as a benefit to society and has changed the banking industry as we know it, but some customers... read more

04 Nov 20 @ 14:05

Following on from yesterdays post looking at payments revenue growth estimates in Europe and North America, PCM now reviews BCG’s Global Payments 2020 impact of COVID-19, modelling three scenarios for... read more

04 Nov 20 @ 12:39

Two major technology firms have further consolidated their position in China’s mobile payments market as the ongoing pandemic accelerates the consumer shift toward digital platforms. Ant Group, who’s plans to... read more

04 Nov 20 @ 09:00

Card payments are evolving from traditional physical EMV payment cards to new digital cards or tokens, thanks to the new scheme tokenization systems (Visa VTS, Mastercard MDES, Cartes Bancaires CB... read more

03 Nov 20 @ 16:36

In an earlier review of the Global Payments 2020 PCM looked at the impact of COVID-19, modelling three scenarios for payments revenue growth estimates. In the next two posts PCM... read more

03 Nov 20 @ 13:54

According to news reports, Ant Group’s $37 billion IPO is to be forcibly withheld by The Shanghai Stock Exchange, after four Chinese regulators summoned Jack Ma and other Ant executives... read more

02 Nov 20 @ 19:52

The ACH Network had exceptionally strong growth in Q3 2020, with a resurgence of commercial volume even as some government assistance payments have largely concluded. Volume on the ACH Network... read more

02 Nov 20 @ 19:25

The global payment as a service (PaaS) market size was valued at $6.2 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 16.9%... read more

02 Nov 20 @ 13:02

Nexi, Italy’s biggest payments group has entered into merger talks with Nets over a potential $8 billion take over in hot pursuit of the multi-billion euro deal last month with... read more

30 Oct 20 @ 16:29

On the heels of PayPal announcing it will enter the crypto sector, JPMorgan Chase announced that its digital currency offering, JPM Coin, is finally ready for deployment. The token .... read more

28 Oct 20 @ 11:00

Europe’s banks and cybersecurity experts are warning of a growing challenge due to insider threat fraud, warning of the high costs associated for organizations that fall victim to this form... read more

27 Oct 20 @ 16:54

Amazon is reported to have launched a market intelligence platform called Amazon Shopper Panel to gather data on competitor retailers. They say that participation (by which they mean gathering reams... read more

26 Oct 20 @ 16:21

After piloting Visa Tap to Phone over the past year, the company has announced the product availability in more than 15 markets with plans to expand to the US and... read more

26 Oct 20 @ 08:20

Jack Ma’s Ant Group has set its sights on raising more than $34 billion in its initial public offering (IPO), putting the Chinese payments group on course to beat Saudi... read more