16 Nov 20 @ 19:41
Following the announcement made on 2 November 2020, Nexi and Nets, controlled by a consortium of private equity firms led by Hellman & Friedman (“H&F”), announced that they have signed... read more
13 Nov 20 @ 16:48
In its fourth annual Apple Pay availability study, Loup Ventures identified a 20% plus increase in adoption from banks and top retailers across desktop sites, mobile web, and apps. These... read more
13 Nov 20 @ 12:00
INFORM and Netcetera held a joint webinar that took a closer look at some of the challenges associated with the e-commerce payment ecosystem. The stakeholders within this ecosystem, including consumers,... read more
12 Nov 20 @ 17:55
Combining the rapid growth of emerging markets with Europe’s stable governance, the Balkan states represent a great opportunity for traditional card businesses and banks – as well as fast-emerging digital... read more
11 Nov 20 @ 17:23
The e-commerce and digital payment industries in the Middle East & North Africa, Pakistan (MENAP) region are set for major growth in 2021, with nearly half of consumers likely to... read more
09 Nov 20 @ 19:46
Although the digital wallet has existed for over 20 years now, it’s only within the last decade that they have rapidly evolved, revolutionising the way we search and pay for... read more
06 Nov 20 @ 16:42
Pre-COVID, over 40% of consumers surveyed used contactless payment daily or almost daily, most with a smartphone. Uses for contactless technology beyond payment – public transportation, digital identity, unlocking and... read more
06 Nov 20 @ 10:28
Whilst the focus is always on the FinTech party eating the incumbent lunch, HSBC has struck back in the money transfer battle by launching Global Money Account, its own fee-free international... read more
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
05 Nov 20 @ 13:06
The FinTech boom of the last 10 years has widely been regarded as a benefit to society and has changed the banking industry as we know it, but some customers... 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
04 Nov 20 @ 12:39
Two major technology firms have further consolidated their position in China’s mobile payments market as the ongoing pandemic accelerates the consumer shift toward digital platforms. Ant Group, who’s plans to... read more
04 Nov 20 @ 09:00
Card payments are evolving from traditional physical EMV payment cards to new digital cards or tokens, thanks to the new scheme tokenization systems (Visa VTS, Mastercard MDES, Cartes Bancaires CB... read more
03 Nov 20 @ 16:36
In an earlier review of the Global Payments 2020 PCM looked at the impact of COVID-19, modelling three scenarios for payments revenue growth estimates. In the next two posts PCM... read more
02 Nov 20 @ 19:52
The ACH Network had exceptionally strong growth in Q3 2020, with a resurgence of commercial volume even as some government assistance payments have largely concluded. Volume on the ACH Network... read more
02 Nov 20 @ 19:25
The global payment as a service (PaaS) market size was valued at $6.2 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 16.9%... read more
02 Nov 20 @ 13:02
Nexi, Italy’s biggest payments group has entered into merger talks with Nets over a potential $8 billion take over in hot pursuit of the multi-billion euro deal last month with... read more
30 Oct 20 @ 16:29
On the heels of PayPal announcing it will enter the crypto sector, JPMorgan Chase announced that its digital currency offering, JPM Coin, is finally ready for deployment. The token .... read more
27 Oct 20 @ 16:54
Amazon is reported to have launched a market intelligence platform called Amazon Shopper Panel to gather data on competitor retailers. They say that participation (by which they mean gathering reams... read more
26 Oct 20 @ 16:21
After piloting Visa Tap to Phone over the past year, the company has announced the product availability in more than 15 markets with plans to expand to the US and... read more
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
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
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