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
22 Oct 20 @ 11:29
Mobile wallet adoption is hotting up and gradually displacing traditional payments forms such as cash and cards in India. This has become even more prevalent during the current COVID-19 crisis... read more
22 Oct 20 @ 11:09
PayPal announced it will allow customers to hold bitcoin and other cryptocurrency in its wallet and shop using cryptocurrencies at the 26 million merchants on its network. The new service... read more
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
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
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