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Developing blockchain-based systems for cross-border payments

15 May 24 @ 16:33

With the world now accustomed to completing business transactions in three seconds or less, there is an opportunity for bankers to consider central bank digital currencies as a platform for... read more

2024 Data Breach Investigations Report

14 May 24 @ 17:13

Verizon Business has released the findings of its 17th-annual Data Breach Investigations Report (DBIR), which analysed a record-high 30,458 security incidents and 10,626 confirmed breaches in 2023—a two-fold increase over... read more

ECB conducts first DLT trials with 16 companies

14 May 24 @ 17:00

Yesterday, the Eurosystem successfully completed the first experiment in using new DLT technologies for the settlement of wholesale transactions in central bank money. Initially, 16 private companies have been onboarded and... read more

Embedded Finance trends in Europe

13 May 24 @ 16:54

In a recent study conducted by Forrester on behalf of Fabrick titled, “Embrace Embedded Finance for Seamless Payment Success: A Spotlight on Europe,” valuable insights were obtained regarding the state... read more

Soaring scam and fraud sophistication remains top challenge

13 May 24 @ 16:31

Just over three-quarters (76%) of banks surveyed believe fraud cases and scams have become more sophisticated, according to the new Mitek Systems Identity Intelligence Index 2024 conducted in January 2024.... read more

Instant payments offer a potential efficiency boost

13 May 24 @ 16:08

Real-time or Instant Payments networks operate 24/7 and provide numerous advantages, across flexibility, enhanced security, cost reduction and instantaneity. They also enable almost immediate money transfers between accounts, enhancing transaction... read more

Lets talk the future of embedded payments

10 May 24 @ 15:43

Fans of embedded payments say they’re the future: financial services working in the background, or “embedded” in other commercial functions. For some time, developments in technology have been making payments... read more

Experian empowers financial inclusion through Open Banking

10 May 24 @ 13:03

Experian announced the launch of Cashflow Attributes, a solution to help expand fair and affordable access to credit, particularly for thin-file and credit invisible consumers. With over 900 income, cashflow... read more

Global mobile banking malware grows 32% in 2023

10 May 24 @ 12:51

Kaspersky has released its annual Financial Threats Report for 2023, offering a detailed analysis of the evolving financial cyberthreat landscape. The report reveals significant increases in mobile banking malware and... read more

Migrating your bank’s card systems: what it means, why it matters and how to do it

09 May 24 @ 10:21

As new ways to pay come to the fore and cash takes a back seat, having a modern software infrastructure that can cope with online and mobile payments is vital... read more

Charting the AI landscape in retail banking

08 May 24 @ 10:17

The financial services landscape is experiencing considerable political and macroeconomic turbulence, compelling clients to embrace new innovations and advancements to adapt to the evolving market. Organizations are also having to... read more

NAB launch Pay by Bank in Australia

08 May 24 @ 10:02

National Australia Bank (NAB) have launched a new partnership with Banked to accelerate the number of Australian merchants adopting and integrating Pay by Bank, account-to-account (A2A) payments solutions. The partnership... read more

Bundesbank: Central banks must embrace CBDCs

08 May 24 @ 09:30

There has been, as you are well aware, much debate over the value, business case and usability of CBDC’s, with some quarters pushing it hard whilst others take a more... read more

US businesses, consumers increasingly adopt instant payments

07 May 24 @ 15:42

US businesses and consumers are rapidly adopting digital, instant payments services, according to studies released by Federal Reserve Financial Services. Digital wallet use saw especially strong growth in 2023 —... read more

Visa and J.P. Morgan strategic relationship for faster payments

07 May 24 @ 15:26

Visa and J.P. Morgan Payments have announced a strategic collaboration that aims to enhance merchant experiences and drive innovation for J.P. Morgan Payments’ customers by introducing faster domestic payments in... read more

Pan-European proof of concept showcases value of request to pay

07 May 24 @ 14:58

EBA CLEARING says that, together with eight multinational payment service providers (PSPs), it has completed a pan-European proof of concept leveraging its R2P Service (Request to Pay). As part of... read more

Gallant Capital acquires Fime and UL Solutions

07 May 24 @ 11:45

Gallant Capital Partners, through an affiliate, has acquired Fime as well as the UL Solutions payments testing business (collectively, the “Company”), combining the technical capabilities and expertise of both businesses... read more

Global real-time payments transactions hit record highs

03 May 24 @ 14:10

Global real-time payments (RTP) growth has reached sustainable levels with 266.2 billion real-time payments transactions recorded in 2023 – a year-over-year (YoY) growth of 42.2% – according to the 2024... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more