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Finablr seeks insolvency as stock market blood bath takes first victim

17 Mar 20 @ 09:47

As the global battle against Covid-19 moves into uncharted territory, the avalanche witnessed across global stock markets may have claimed its first victim. Finablr, the owner of Travelex, has asked... read more

COVID-19 concerns effecting e-commerce as consumers avoid physical stores

13 Mar 20 @ 13:08

Across many countries where the newest strain of the coronavirus (COVID-19) has made an impact, isolation and social distancing measures have been put in place. Workers in some infected countries have been... read more

Libra competitor Celo digital currency launches with 50 members

13 Mar 20 @ 12:46

The Celo Foundation, which not only appears to be similar to Facebooks Libra project but in direct competition, has unveiled 50 members for its ‘Alliance for Prosperity’. Celo has a... read more

Amazon plans to offer cashierless checkout technology to other retailers

13 Mar 20 @ 10:49

Amazon says it will begin offering its cashierless checkout technology that powers its Go stores to other retailers.  The Just Walk Out technology enables shoppers to “take what they want... read more

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

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