27 Nov 18 @ 11:35
Artificial Intelligence (AI) and Machine Learning are already the buzz-words of the next decade in almost every walk of life, from medicine to product design and financial services. But when... read more
27 Nov 18 @ 06:41
There is no doubt that lack of trust in the payment system remains a fundamental obstacle to a cashless society. Research shows that consumers are now more concerned than ever... read more
27 Nov 18 @ 06:39
Argos has become the first retailer in the UK to offer a voice commerce and search shopping service via the Google Assistant platform. While the success of this service is... read more
03 Oct 18 @ 13:54
A new study has found that blockchain deployments will enable banks to realise savings on cross-border settlement transactions of more than $27 billion by the end of 2030, reducing costs... read more
03 Oct 18 @ 13:52
As mobile shopping continues to grow, consumers are downloading retailer’s mobile apps at double the rate of previous years and conducting more in-app purchases, according to new findings from Synchrony.... read more
03 Oct 18 @ 12:46
The growth of Paytm has been exponential as it achieved an annual run rate of 5 billion digital transactions and $50 billion GTV (Gross Transaction Value) in July 2018. Paytm... read more
03 Oct 18 @ 12:37
In 2017, retail e-commerce sales worldwide reached $2.304 trillion, a 24.8 percent increase over the previous year. Mobile payments were a key factor, as m-commerce sales totalled $1.357 trillion, making... read more
03 Oct 18 @ 12:26
SoftBank, Synchronoss and TBCASoft have partnered on a Proof of Concept (PoC) for a new cross-carrier mobile payments service based on the Rich Communications Service (RCS) global messaging standard and... read more
09 Aug 18 @ 15:01
The benefits and functionality of prepaid are now being appreciated by all types of issuers and customers. Prepaid is increasingly becoming the infrastructure of choice for FinTech innovation. So, what... read more
09 Aug 18 @ 14:43
ICOs: a new way to raise capital and a profound financial innovation or part of the hype around cryptocurrencies? Initial coin offerings (ICOs) are the crypto-community’s answer to an IPO. Also known... read more
09 Aug 18 @ 13:55
Ripple has announced aggregated and averaged results from several early xRapid pilots. xRapid is Ripple’s on-demand liquidity solution which uses the digital asset XRP for more efficient cross-border transactions between... read more
01 Jun 18 @ 10:13
Financial inclusion is on the rise globally, accelerated by mobile phones and the internet, but gains have been uneven across countries, a new World Bank report finds. 69 percent of... read more
01 Jun 18 @ 10:07
An independent payments consultancy, CMSPI, has initiated a complaint with the European Commission over changes Visa is making to its fees, claiming the card scheme’s actions could cost SMEs in... read more
09 Apr 18 @ 12:58
A group of Canadian retailers are pushing for lower credit card fees from major payment networks amid a long-standing battle over what they claim are inflated rates. The two largest... read more
09 Apr 18 @ 12:55
Co-op has unveiled a trial for the future of its shops where customers can check out their own purchases on their mobile phone using pay-in-aisle technology. The shop, scan and... read more
09 Apr 18 @ 12:46
Ripple in partnership with a consortium of 61 Japanese banks has developed a payments app that settles transactions instantly via Blockchain technology. Ripple says that the ‘Money Tap’ app will... read more
31 Jan 18 @ 14:35
Retail companies could become the new face of everyday financial transactions post-PSD2. PSD2 requires banks to grant third-party providers – such as retail merchants – access to a consumer’s online... read more
24 Nov 17 @ 14:16
JPMorgan Chase is set to launch a new interbank payments platform powered by the Quorum enterprise-ready distributed ledger and smart contract Blockchain platform. With the participation of two other banks... read more
24 Nov 17 @ 13:56
A consortium of Spanish banking, energy and teleco heavyweights have established Blockchain-based national network dubbed Alastria. The non-profit world’s first regulated national network based on Blockchain, will develop distributed ledger... read more
12 Oct 17 @ 09:53
Cash was the most frequently used payment method in the UK in 2016. However its relative importance is declining as consumers turn to alternative payment methods, such as debit and... 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
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
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