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The Italian Banking Association passes blockchain Spunta Project for rollout

17 Oct 19 @ 01:01

The Italian Banking Association (ABI) says that its Spunta Project, a blockchain-based application for interbank reconciliations, has successfully completed all technical tests. The Spunta Project began back in December 2017 when... read more

PAYPAL CONTINUES DOMINANT GROWTH: CAN IT BE SUSTAINED?

14 Oct 19 @ 08:36

Since being shown the door by eBay in 2018, PayPal, once one of the most innovative digital payments companies in the world, has continued to perform well and dominate the... read more

HOW 5G WILL REVOLUTIONISE RETAIL PAYMENTS

14 Oct 19 @ 08:35

Retail has increasingly become a mobile function to meet the needs of a constantly on-the-go consumer base, especially with the rise in popularity of mobile e-wallets. The introduction of 5G... read more

HOW IS AI CHANGING THE BANKING INDUSTRY?

13 Oct 19 @ 21:36

Both challenger and traditional banks are growing their focus on helping consumers save money. As customers increasingly look to save money for a rainy day and become more fiscally responsible,... read more

DAIMLER AND COMMERZBANK PILOT BLOCKCHAIN WALLET

13 Oct 19 @ 14:09

Commerzbank has partnered with Daimler Trucks on a pilot to use a blockchain e-money wallet called the Daimler Truck Wallet to make payments with e-euros from Commerzbank. Once the e-euros... read more

Apple Pay adoption rate at Retailers beginning to quicken

07 Oct 19 @ 15:02

Loup Ventures (LV) recently completed its third annual Apple Pay merchant adoption check. This involves checking the desktop websites, mobile websites, and iOS apps of a cohort of 100 of... read more

PayPal beats off Visa and Mastercard to obtain first Chinese payments licence

01 Oct 19 @ 07:57

PayPal has beaten off competition for payments giants Visa and Mastercard to become the first foreign company to acquire a payments licence in China. PayPal obtained the license through the... read more

Deutsche Bank to join blockchain based Interbank Information Network (IIN)

25 Sep 19 @ 12:43

Deutsche Bank has signed up to Interbank Information Network (IIN), the financial services industry’s biggest blockchain project, led by  JPMorgan Chase. The IIN announce Deutsche to a network of 320... read more

European central banks take big steps against Libra coin

17 Sep 19 @ 11:03

Representatives of Facebook were grilled by central bank regulators on its planned Libra coin project amid concerns from EU governments regarding the threat the digital currency poses to financial stability.... read more

Santander launches JCB merchant acquiring operations in Spain

17 Sep 19 @ 08:30

Banco Santander (Santander), has launched JCB merchant acquiring operations in Spain following a license agreement with JCB International (JCBI). Thanks to this new alliance, Santander facilitates JCB acceptance at Santander-acquired... read more

Nissan joins in-car payments trailblazers with Brazilian roll-out

12 Sep 19 @ 16:53

Following on from recent announcements by BMW and Daimler in the automotive payments arena Sem Parar, a subsidiary of Fleetcor, has partnered with Nissan in Brazil for in-car payments. Under... read more

Mastercard to offer retailers fee incentive to boost cashback in the UK

12 Sep 19 @ 10:04

Mastercard has outlined a new initiative to increase the UK’s access to cash. Local shops and businesses who choose to offer cashback in conjunction with a purchase, will from April... read more

Mastercard and R3 partner on blockchain powered cross border payments

11 Sep 19 @ 10:11

R3 and Mastercard have signed a strategic partnership to develop and pilot a new blockchain-enabled cross border payments solution that will initially focus on connecting global faster payments infrastructures, schemes... read more

PCM Feature: Data Lakes gaining traction with payments businesses in Europe and North America

09 Sep 19 @ 15:54

‘Data Lakes’ are gaining explosive traction with payments businesses in Europe and North America. Proponents say they offer a more flexible, scaleable and cheaper data storage solution than traditional data... read more

Paypal continues dominant growth but can it be sustained?

06 Sep 19 @ 11:31

Since being shown the door by eBay back in 2018, PayPal, once the most innovative digital payments companies in the world has continued to perform well and dominate the space... read more

PCM Feature: Blockchain – Out of the blocks?

03 Sep 19 @ 12:23

Blockchain has been called the most over-hyped innovation in the world today, with the hysteria surrounding it sometimes compared to the infamous “dot.com” bubble of 1999-2000. PCM Editor James Wood... read more

US mobile P2P payments start to gain traction

29 Aug 19 @ 13:22

Mobile P2P payments in the US are booming with consumers sending each other billions of dollars through (some) digital apps. Last week, JP Morgan Chase announced it will follow suit... read more

Daimler and Commerzbank pilot blockchain e-money wallet for car payments

16 Aug 19 @ 10:29

Commerzbank has partnered with Daimler Trucks on a pilot to use a blockchain e-money wallet called the Daimler Truck Wallet to make payments with e-euros from Commerzbank. Once the e-euros... read more

DIGITAL BANKS TO GO MAINSTREAM ACROSS EUROPE BY 2023

06 Aug 19 @ 11:32

The tenth anniversary edition of AT Kearney’s Retail Banking Radar describes an industry which has changed radically, with a quarter of Europe’s bank branches in 2008 now closed. At the... read more

NEW WTO RULES FOR E-COMMERCE RAISE CONCERNS FOR SOME COUNTRIES

06 Aug 19 @ 11:24

The EU, US, Japan and China are among 76 members of the World Trade Organisation (WTO) that took part in a January launch of negotiations to set future rules and... read more

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Visa launches Intelligence Commerce Connect tool

14 Apr 26 @ 20:03

Visa is stepping up its push into agentic commerce with the launch of Intelligent Commerce Connect, a new tool intended to help businesses plug into AI-driven s... more

Revolut eyes an IPO, but the valuation story is the real headline

21 Apr 26 @ 14:35

Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more

American Express launches agentic commerce developer kit

16 Apr 26 @ 11:46

American Express is positioning itself early for what could become one of the next major shifts in digital payments: AI agents that do more than recommend produ... more