31 Oct 24 @ 11:16

Over the past decade, the combined market capitalisation of specialist payments companies has increased from $400 billion to $1.4 trillion according to Mckinsey. In addition, more than 384 unicorns with... read more

31 Oct 24 @ 10:45

Klarna has expanded their partnership with Worldpay to enable thousands of new merchants to offer Klarna to their customers. Under the expanded partnership Klarna will become a network of choice, offered... read more

30 Oct 24 @ 12:01

When Goldman Sachs and Apple launched the Apple Card in 2019, they promised to deliver a new kind of credit card experience. Both companies, however, were new to consumer finance,... read more

30 Oct 24 @ 10:44

In a new study published recently, we explain how explosive growth in instant payments will create both risk for banks, as well as opportunities for new products and services. However, banking systems need... read more

30 Oct 24 @ 09:08

Global economies can save $3.13 trillion by using AI to detect and prevent money laundering and terrorist financing, which costs trillions of dollars annually, according to the inaugural Napier AI /... read more

29 Oct 24 @ 18:38

The European Central Bank (ECB) has unveiled a new set of initiatives designed to enhance cross-currency instant payments within the European Union (EU) and potentially expand these capabilities globally. Built... read more

29 Oct 24 @ 16:06

In a ground breaking move for African banking, Standard Bank, the continent’s largest bank by assets, has announced a partnership with Volante Technologies to advance payment modernisation across Africa. This... read more

29 Oct 24 @ 15:37

Project Mandala, developed by the BIS Innovation Hub, is a compliance solution targeting the complexities of cross-border payments for both commercial and central banks. In its recent report on the... read more

28 Oct 24 @ 18:23

A new report delves into the escalating problem of synthetic identity fraud, often termed the “Frankenstein” fraud due to its complex construction of identities from real and fabricated data. This... read more

28 Oct 24 @ 18:01

The forecasted growth of Central Bank Digital Currencies (CBDCs) represents a shift in global payments, with predictions indicating CBDC transactions could surge from 307 million in 2024 to 7.8 billion... read more

28 Oct 24 @ 17:47

The Global Payments Report 2025 by Ravelin offers a comprehensive overview of the evolving regulatory landscape in payments, highlighting significant developments in authentication, compliance, and fraud prevention worldwide. The report... read more

26 Oct 24 @ 13:18

In a landmark move underscoring the growing influence of stablecoins in global finance, Stripe has announced the $1.1 billion acquisition of Bridge, a start-up specialising in stablecoin infrastructure. The acquisition,... read more

26 Oct 24 @ 12:57

European banks are eyeing cross-border mergers again, despite the challenges that stalled similar moves in the past. The latest shift centres on UniCredit’s recent 9% stake in Germany’s Commerzbank. After... read more

26 Oct 24 @ 12:25

Europe’s banks and financial services players are seriously lagging behind those in the US in the embedded finance race, according to research by payment consultancies PSE Consulting and TSG (The Strawhecker Group). The... read more

26 Oct 24 @ 12:05

Gambling, as a hobby, dates back to humanity’s prehistory. Archaeologists have discovered bone-made dice, crafted by our pre-ancient ancestors, that they believe were used to play various games. Of course,... read more

23 Oct 24 @ 18:30

A new report titled “Tokenisation in the Context of Money and Other Assets: Concepts and Implications for Central Banks” by the Bank for International Settlements (BIS) and the Committee on... read more

23 Oct 24 @ 18:09

Its been a bad week for the CFPB…on the 21st October The Financial Technology Association (FTA), representing major BNPL (Buy Now, Pay Later) providers, filed a lawsuit against the US Consumer... read more

23 Oct 24 @ 10:00

Explosive growth over the next five years will see instant payments constitute more than 30% of all transactions by 2030. While this creates risks and challenges for banks, there are also exciting... read more