24 Nov 17 @ 14:14
Internet and digital technologies introduced a new era of smart stores focused on shoppers and responsive to their changing needs and wants. Smart store technologies, such as artificial intelligence, augmented... read more
24 Nov 17 @ 14:12
Global non-cash transaction volumes grew 11 percent to reach 433 billion during 2014-15, the highest growth in a decade, according to the Capgemini World Payments Report 2017. Two regions fuelled... read more
24 Nov 17 @ 14:09
Visa has announced the results of an independent study examining the economic impact of cashless cities and increasing the use of digital payments in major cities around the world. The... read more
24 Nov 17 @ 14:08
Google has made several announcements around Google Tez, the payments app that the search giant launched in India in September. Based on Unified Payments Interface (UPI), the NPCI’s payments platform for the... read more
24 Nov 17 @ 14:06
Global online retail is increasing rapidly with a forecasted growth rate of 17 percent in 2017. Asia now ‘owns’ 50 percent of the global B2C e-commerce market. These are two... read more
24 Nov 17 @ 14:05
The compound annual growth rate predicted for cross-border e-commerce over the next three years is now 17 percent, whereas it stands at just 12 percent for e-commerce overall. Merchant attitudes... read more
24 Nov 17 @ 14:03
China, boasted over $811.96 billion in e-commerce sales in 2016, 122 million outbound travellers, and a record number of students studying abroad. This has created a booming opportunity for global marketplaces, marketplace sellers, e-commerce... read more
24 Nov 17 @ 14:01
It can now take as little as nine minutes for stolen card and account data to be used via the darkweb. With this in mind, Mastercard has announced the launch... read more
24 Nov 17 @ 14:00
First Data has launched a disburse-to-debit solution, a payout option for businesses to deliver funds directly to debit cards in real-time. The growth of the so-called gig economy has led... read more
24 Nov 17 @ 14:00
Wells Fargo says that debit card customers can use the company’s ATMs without their card thanks to NFC functionality launching at more than 5,000 ATMs across the US. The feature is... read more
24 Nov 17 @ 13:58
Visa and Billtrust have agreed a strategic partnership to simplify B2B virtual card acceptance. The tie-up is designed to help streamline the reconciliation of B2B payments and increase automation of... read more
24 Nov 17 @ 13:57
B2B FinTechs are attracting an increasing proportion of total European FinTech funding, according to a recent research presentation from Innovate Finance and Pitchbook. There has been a growing number of... read more
12 Oct 17 @ 14:46
From Brixton in the UK to Nantes in France and Mombassa in Kenya, local currency schemes are growing. In the face of the financial crisis and changing technology, PCM investigates... read more
12 Oct 17 @ 14:38
Post office organisations are the ultimate hybrid businesses, combining retail and financial services. With an enviable branch and logistics network at the heart of many communities, financial services via the... read more
12 Oct 17 @ 10:06
Car makers, Big Tech and suppliers are all jostling to own customer relationships and data in the era of the connected car. Sound familiar? Everything is miscellaneous but somehow connected.... read more
12 Oct 17 @ 09:52
UnionPay has consolidated its position as the largest card scheme worldwide with more than six billion cards in circulation at the end of 2016, according to recent RBR figures. UnionPay... read more
12 Oct 17 @ 09:51
Payments in Africa continue to expand. The large untapped market of those who do not currently use electronic payments is attractive. As is the comparative lack of legacy infrastructure, plus... read more
12 Oct 17 @ 09:50
Concerns that the so-called ‘hard fork’ in the Blockchain may cool enthusiasm for Bitcoin proved unwarranted. The cryptocurrency soared past $4,000 for the first time in mid-August, less than a... read more
12 Oct 17 @ 09:49
The adoption of the revised payment services directive (PSD2) in Europe is changing the relationship between banks and FinTechs, specifically around open access to customer account data and the payments... read more
12 Oct 17 @ 09:48
FinTech firms have materially changed the basis of competition in financial services, but they have not yet changed the competitive landscape, according to a new report from the World Economic... read more
27 Sep 26 @ 18:53
Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... 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
27 Sep 26 @ 18:52
Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more