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Credit where credit is due…BNPL is a hit

05 Nov 24 @ 17:34

A lot has been happening in the realm of Buy Now Pay Later (BNPL) and depending who you ask, latest developments are either sure fire affirmation or total disaster. Those... read more

Successful pilot to bridge tokenized assets with existing payment systems

05 Nov 24 @ 17:17

Swift, UBS Asset Management, and Chainlink have successfully completed a pilot for settling tokenized fund subscriptions and redemptions using the Swift network. Project Guardian, demonstrates how financial institutions can leverage... read more

Protecting payments in the quantum computing era

05 Nov 24 @ 10:20

The era of quantum computing is rapidly approaching, and its impact on the payments industry is poised to be transformative. As quantum technology advances, it offers unparalleled computational power, introducing... read more

Study finds e-commerce checkout challenges restrict conversions

04 Nov 24 @ 18:23

A new report from Ecommpay and IMRG, has revealed the key e-commerce checkout changes that could boost conversion rates. While the average conversion rate stands at 58%, there is a... read more

The dollar’s share of global payments surges to 49.1%

04 Nov 24 @ 11:07

In a rapidly evolving global payments landscape, the dominance of the US dollar remains resilient even as new contenders emerge. According to recent data from SWIFT, the dollar’s share of... read more

Scale-up syndrome – the role acquirers can play in helping start-ups achieve growth

04 Nov 24 @ 10:39

There’s a clear gap in the acquiring market reckons Vienna-based DIMOCO Payments. For small and micro-businesses with simple payment needs, there are lots of options available. For larger enterprises with... read more

Visa and Mastercard both beat earnings forecasts

01 Nov 24 @ 13:51

Visa and Mastercard have both reported strong earnings for their recent quarters, showcasing the resilience of digital payment platforms amid a rising demand for cashless transactions. Visa’s fiscal Q4 earnings... read more

France flexes acquiring muscle as stage is set for EPI

01 Nov 24 @ 13:33

The French payments scene, particularly in the acquiring space, is shoring up a very stable outlook indeed. In March Credit Agricole and Worldline announced their partnership in creating a new... read more

Visa expands push-to-wallet for virtual cards

01 Nov 24 @ 13:21

Visa has announced new capabilities that enable provisioned virtual card push-to-wallet experiences. Users can now push virtual cards to mobile wallet ecosystems including Apple Pay and Google Pay, with control... read more

What consumers want: Mobile payments overtake cash

01 Nov 24 @ 10:50

As digital payments become increasingly popular, a recent survey conducted by TakePayments reveals the changing payment preferences of UK consumers. While trends like “cash stuffing” have fuelled narratives of a... read more

Six payment trends that will define the next five years

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

Klarna and Worldpay partner to unlock global merchant network

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

Apple and Goldman – A cautionary tale to Fintech

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

Instant Karma: what instant payments mean for banking systems

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

Global economies can save $3.13 trillion annually using AI to detect money laundering

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

European initiative to improve cross-currency instant payments

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

Standard Bank partners for massive African PaaS initiative

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

Project Mandala cross-border payments project deemed a success

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

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

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

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

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