05 Nov 20 @ 17:33

As the COVID-19 pandemic and economic crisis continues to spread, the remittance that migrant workers send home is projected to decline 14% by 2021 compared to the pre COVID-19 levels... read more

04 Nov 20 @ 14:05

Following on from yesterdays post looking at payments revenue growth estimates in Europe and North America, PCM now reviews BCG’s Global Payments 2020 impact of COVID-19, modelling three scenarios for... read more

20 Oct 20 @ 12:28

The G20 has made enhancing cross-border payments a priority during the Saudi Arabian Presidency. Faster, cheaper, more transparent and more inclusive cross-border payment services, including remittances, while maintaining their safety... read more

12 Oct 20 @ 09:39

In a recent statement, EuroCommerce – the European retailers’ association – has welcomed the EU’s retail payments strategy (RPS) and plans for European banks to collaborate in a European Payments... read more

01 Oct 20 @ 09:06

SWIFT says it has a new service to help banks improve the experience for small and medium-sized enterprises (SMEs) and consumers who send low-value payments across borders. SWIFT is working... read more

23 Sep 20 @ 12:43

In July the European Central Bank welcomed the decision brought forward by 16 European banks to launch The European Payments Initiative, a pan-European payment scheme. Although the solution aims to... read more

22 Sep 20 @ 09:01

Binance, the world’s largest cryptocurrency exchange, has begun offering Visa cards in Europe, the cards also allow users to earn up to 8% cashback. The exchange announced that cardholders will... read more

21 Sep 20 @ 11:55

Over the weekend the FinCEN files story broke, one of the most reputationally damaging stories related to major global banks. Leaked secret government documents reveal how the giants of Western... read more

07 Sep 20 @ 16:20

Visa says the European Commission (EC) has opened a preliminary investigation into the its rules for staged digital wallets. Visa has faced criticism for attaching higher fees to staged digital... read more

07 Sep 20 @ 12:46

Challenger banks have raised hundreds of millions in venture capital to take on bank incumbents. But how are these startups doing at reaching, converting, and engaging millions of customers? Challenger... read more

26 Aug 20 @ 15:48

Ant Group is gearing up for an initial public offering (IPO) that could give it a valuation as big as Bank of America – with Alipay driving the price into... read more

26 Aug 20 @ 12:26

If you mentioned that Amazon was trying to take a foothold in the financial services and payments market, not many would be surprised. But what if you explained how deep... read more

25 Aug 20 @ 14:48

TrueLayer says it has recorded a massive increase in consumers using Open Banking Payment Initiation (PI) to pay for goods and services during the lockdown. PI is a new form... read more

25 Aug 20 @ 13:22

The blockchain industry is excited, very excited about a new (relatively) buzz word – decentralised finance  or DeFi as it is rapidly becoming know as. The industry is on the... read more

18 Aug 20 @ 10:59

The European Commission announced it will approve, under the EU Merger Regulation, the proposed acquisition of Nets’ account-to-account payment business by Mastercard. The decision is conditional on the transfer of... read more

13 Aug 20 @ 13:14

Ripple has created one of the most valuable cryptocurrencies. Its digital tokens, known as XRP, have a total value of almost $30 billion, behind only bitcoin and Ether. But, eight... read more

13 Aug 20 @ 10:19

Revolut losses tripled in 2019 as the FinTech blamed rising staff costs more than offset revenue growth, however it argues that it is on track to break even this year... read more

11 Aug 20 @ 15:44

Digital-only banks, or neobanks, have been a major focus for investors, and are gathering new customers by the boatload. But are they really banking’s future – or just a sophisticated... read more

07 Aug 20 @ 09:05

Visa and Mastercard recently reported quarterly results. Visa reported its fiscal third-quarter earnings and revenue expectations had been hit, but the COVID-19 crisis continues to drive mixed spending trends, with... read more

15 Jul 20 @ 11:55

Only 9% of the world’s top tier banks are effectively monetising payments data. Findings from Aite Group’s report “The Payments Transformation Race: Criteria for Success”, commissioned by Icon Solutions, also... read more