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State of the Industry: Global financial services players yet to align on key issues

12 Mar 20 @ 18:28

Key players in the financial services industry are set on a clear pathway towards collaboration, whether they like it or not, according to a new ‘State of the Industry’ report... read more

Nets acquires Polish payment provider Polskie ePłatności (PeP)

12 Mar 20 @ 12:37

Nets has announced the acquisition of Polskie ePłatności (“PeP”), a leading Polish merchant acquirer with an installed base of more than 125,000 POS terminals, offering a broad set of payment... read more

Wirecard and Klarna launch joint payment solution

12 Mar 20 @ 11:44

Wirecard and Klarna, a global payments and shopping provider, announced the launch of a new enhanced joint payment solution. All three Klarna shopping methods, Pay Now, Pay Later and Klarna... read more

Global mobile economy valued at $4.9 trillion by 2024 as 5G ramps up

11 Mar 20 @ 18:33

5G has gained significant traction over the past year and is now live in 24 markets worldwide, supported by an expanding roster of 5G devices and growing awareness among consumers.... read more

Trust is at the heart of banking – can the incumbents hold off the challengers?

11 Mar 20 @ 13:03

There was a time when banks were pillars of the community. Customers relied on them to keep their money safe and help them weather economic storms. This intimacy – and... read more

BLIK turns five: 353 million transactions worth PLN 47 billion

10 Mar 20 @ 17:01

The end of February 2020 marked five years since the BLIK mobile payment system first appeared in Poland. Its users made a total of 353 million transactions worth PLN 47... read more

Alipay open platform to support the digital transformation of 40 million service providers

10 Mar 20 @ 15:55

The world’s leading mobile payment platform, Alipay, has announced a three-year plan to further open up its platform to support the digital transformation of 40 million service providers across China.... read more

Saudi Arabia Monetary Authority (SAMA) introduces QR-based national payment system

09 Mar 20 @ 13:30

As Saudi Arabia continues its break neck speed transition from Oil exporting reliance, it has plans to enhance electronic payments throughout Saudi Arabia and reduce the dependence on cash.  To... read more

Global Payments Report: EMEA payment trends

05 Mar 20 @ 17:00

It’s one of the largest and most diverse regions on the planet. Nearly 2,000 native languages are spoken. Europe, the Middle East, and Africa is a designation that eludes simple... read more

Credit Card Issuers: Reviving the relevance of the credit card business

05 Mar 20 @ 16:46

At first glance, the credit card market looks healthy. In 2018, the average return on assets (ROA) for credit card issuers was 3.8%, more than twice the average ROA of... read more

Global Payments Report: North America payment trends

04 Mar 20 @ 16:48

North America has traditionally been a global innovator, consistently at the forefront of payment technology as well as retail and financial services. The region has relied heavily on the stability... read more

Mobile money accounts now higher than total Kenyan population

04 Mar 20 @ 12:48

It has been reported that Kenya has 58.4 million mobile money subscribers – more than the total population of Kenya. According to the 2019 census data, the country has 47.5... read more

Global Payments Report: Digital wallets account for 22% of global POS spend

03 Mar 20 @ 14:44

FIS has launched its annual Global Payments Report. Over the next few days PCM will bring you highlights broken down into regions with the most interesting analysis and statistics presented... read more

Digital payments – The next revolution in payments gathers pace…

03 Mar 20 @ 12:24

A love affair between consumers and their mobile phones is leading to explosive growth in new digital payments across Europe. More and more consumers are shopping across borders online and... read more

WHO pushes for contactless payments instead of cash to slow Covid-19

03 Mar 20 @ 11:08

Cash has long been know for its “dirty” origins, but now the WHO is warning against using cash and moving to contactless payments to slow the spread of Covid-19 or... read more

eBay set to begin managing its own payments in the UK

02 Mar 20 @ 17:25

As part of modernising its marketplace and creating a more streamlined experience for customers, eBay is expanding its management of payments to the UK. As part of the rollout this... read more

European financial infrastructures launch Cyber Information and Intelligence Sharing Initiative (CIISI-EU)

02 Mar 20 @ 17:07

A group of Europe’s largest and most important financial infrastructures, members of the Euro Cyber Resilience Board for pan-European Financial Infrastructures (ECRB), chaired by the European Central Bank (ECB), launched... read more

UK Neobanks near 20 million customers but customer and deposit growth rates slow

02 Mar 20 @ 16:54

Neobanks operating in the UK added more than 6 million new customers in H2 2019, ending the year with 19.6 million customers globally, according to Accenture’s Digital Banking Tracker. Accenture’s... read more

Trending

Revolut eyes an IPO, but the valuation story is the real headline

21 Apr 26 @ 14:35

Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more

American Express launches agentic commerce developer kit

16 Apr 26 @ 11:46

American Express is positioning itself early for what could become one of the next major shifts in digital payments: AI agents that do more than recommend produ... more

Banks to reinforce cyber defences as AI changes the threat model

22 Apr 26 @ 19:36

Banks are hardening their cyber defences as artificial intelligence begins to alter the economics of digital attacks. For financial institutions, the challenge ... more