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Report: Global mobile money interoperability

06 Aug 20 @ 12:07

Over a decade ago, mobile money emerged as a standalone service for consumers on the same mobile operator network. Since then, widespread use and uptake has led to integration in... read more

Apple acquires iPhone to payments terminal company Mobeewave

05 Aug 20 @ 14:16

Apple has acquired Mobeewave a Canadian FinTech company that allows its technology to turn iPhones into mobile payment terminals. The Mobeewave technology lets shoppers tap their credit card or smartphone on... read more

China’s central bank considers antitrust probe into Alipay and WeChat Pay

04 Aug 20 @ 12:55

China’s central bank is reported to be considering and antitrust investigation into Alipay and WeChat Pay, the central bank argues the digital payment giants have used their dominant positions to... read more

B2B cross-border payments to grow by 30% to $35 trillion by 2022

04 Aug 20 @ 12:33

A new study has found that the total value of B2B cross-border payments will reach $35 trillion in 2022 from a COVID-related low of $27 trillion in 2020; representing 30%... read more

Google partners with six more US banks furthering digital banking efforts

04 Aug 20 @ 10:05

Google has signed up a further six US banks to support the companies strategy to move into digital banking. The new partners — BankMobile, BBVA USA, BMO Harris, Coastal Community... read more

Visa roll out contactless payments on public transport in 500 cities

03 Aug 20 @ 12:08

With the continued rise in demand for safer ways to travel, Visa has begun to roll-out contactless payment acceptance for public transportation in over 500 cities. Visa is launching contactless branded... read more

Global payments report – trend to digital wallets gaining momentum

31 Jul 20 @ 12:10

A global payments report has confirmed findings from PCM’s proprietary research and other sources that card use is now in slow decline in developed markets and is being replaced by... read more

Modern bank heist: How cyber criminals have evolved

31 Jul 20 @ 10:02

The financial sector is historically one of the most secure industries in the world. It needs to earn trust and convince customers that their hard-earned money is safe. Nevertheless, the fact that banks are guardians of the one... read more

Digital Banking: A whole new world

29 Jul 20 @ 10:25

Today, we launch a major new study into the future of global retail and digital banking and the digital revolution. A Whole New World: Banking’s Digital Future states that by... read more

Omnichannel: Is it the saviour of traditional retailing?

26 Jul 20 @ 10:51

Long described in some quarters as an over-bloated industry buzzword, McKinsey and Co and The Harvard Business Review have recently come out in favour of omnichannel as the customer experience and payments strategy... read more

Australian payment card company Eftpos trial stablecoin micropayments

24 Jul 20 @ 09:28

Eftpos, the leading Australian debit card network is using distributed ledger technology (DLT) from Hedera Hashgraph to trial a stablecoin micropayments system that could rival traditional online methods. In an... read more

Banque de France lines up partners to build a central bank digital currency

23 Jul 20 @ 09:28

Banque de France has announced a list of partners with which it intends to build a central bank digital currency. The bank called for applications to experiment the use of... read more

Diebold Nixdorf warns banks of new ATM compromise attacks

22 Jul 20 @ 08:44

Diebold Nixdorf is warning stores, banks, and other customers of a new hardware-based form of “jackpotting,” the industry term for attacks that thieves use to quickly empty ATMs. The new... read more

Only 9% of major banks monetise payments data

15 Jul 20 @ 11:55

Only 9% of the world’s top tier banks are effectively monetising payments data. Findings from Aite Group’s report “The Payments Transformation Race: Criteria for Success”, commissioned by Icon Solutions, also... read more

Cybercrime spike as pandemic creates perfect storm for fraud

15 Jul 20 @ 10:34

With COVID-19 increasingly being used as a hook to commit fraud, threatening consumers and businesses of all sizes, a recent industry discussion was held to discuss ‘the rise of financial... read more

What’s blocking the future of invisible payments and why?

14 Jul 20 @ 14:53

Invisible payments have already had a massive impact on the physical and online retail experience, and could have the potential to eradicate cash and payment cards from the payment journey.... read more

Incumbents, Challengers, FinTechs And BigTechs: working together for post-COVID-19 banking success

14 Jul 20 @ 10:11

Together with Euromoney, Banking Circle hosted a webinar to debate the challenges of the emerging post-COVID-19 world, and how financial services providers can work together for the best results. Featuring... read more

SEB to implement virtual accounts solution

13 Jul 20 @ 09:14

SEB will launch a new virtual account management solution in partnership with Nordic software company TietoEVRY. With the new service, the bank can offer its corporate customers virtual cash management... read more

Trending

Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

Bank of England Warns DLT Complexity in Settlements

18 May 26 @ 17:07

The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more

E-commerce payments enter the age of managed complexity

11 May 26 @ 19:54

The global e-commerce payments market is no longer simply a story of digital adoption. It is becoming a test of operational control. [caption id="attachmen... more