23 Aug 22 @ 09:19
The New York State Department of Financial Services (DFS) has issued a new Regulatory Guidance, setting foundational criteria for USD backed stablecoins used by DFS-regulated entities. This represents the first US... read more
22 Aug 22 @ 13:53
2022 has been a tumultuous year for cryptocurrency markets, with significant price declines across all currencies in May and June. While there’s no telling if we’ve reached the bottom, as... read more
22 Aug 22 @ 12:30
In August 2020, Citibank mistakenly used its own money to repay a $900 million term loan it administered on behalf of Revlon that was held by multiple asset management groups.... read more
22 Aug 22 @ 10:58
The discipline of fraud prevention has changed dramatically over the past five years and continues to evolve rapidly. Consequently, former truths about fraud prevention are increasingly becoming outdated myths. In... read more
19 Aug 22 @ 14:08
Cybercriminal gangs launch ransomware attacks to encrypt businesses’ sensitive data and get paid a significant ransom. Sometimes hackers even use a method called double extortion. They threaten the organization to... read more
19 Aug 22 @ 13:42
In Q2 2022, BLIK users completed 292 million transactions worth PLN 38.7 billion (€8.14 billion). At that time, the number of payments in traditional payment terminals was growing the fastest... read more
19 Aug 22 @ 13:16
Earlier this year Viva Technology unveiled its predictions for Europe’s top 100 scale-ups: the “futurecorn” companies on track to become unicorns in the near future, with the UK having more... read more
17 Aug 22 @ 09:00
In a new white paper, transaction security specialists Ondato explain why the rapid development of Open Banking across Europe means banks, merchants and PSPs must turn to smarter, joined-up KYC... read more
16 Aug 22 @ 16:34
A year ago, the Economist Intelligence Unit (EIU) published a white paper, Going digital: payments in the post-Covid world, that showed how digital channels were replacing traditional modes of payments... read more
16 Aug 22 @ 13:25
Customers around the world made 69 billion cash withdrawals in 2021. This marks a small increase on 2020, a year with particularly low demand for cash as COVID-19 lockdowns kept... read more
16 Aug 22 @ 12:03
A new white paper from Tietoevry explains how categories of merchants traditionally reliant on cash are now adapting to a cashless world. After COVID-19, Europe’s long and slow decline in... read more
12 Aug 22 @ 13:55
When Apple launched its Apple Card credit card in 2019, it was touted as a gamechanger, with the usual levels of simplicity and transparency that users expect from Apple products. Behind the... read more
12 Aug 22 @ 13:29
The Central Bank of the Russian Federation wants the government to order state companies to convert their foreign-exchange holdings into the currencies of countries that haven’t joined sanctions imposed by... read more
12 Aug 22 @ 12:04
Global use of cryptocurrencies has increased exponentially during the COVID-19 pandemic, including in developing countries. While these private digital currencies have rewarded some, and facilitate remittances, they are an unstable... read more
11 Aug 22 @ 13:48
Since Merchant Machine’s analysis of the countries most reliant on cash in 2021, countries around the world have seen further changes in their payment methods. In light of this, the research... read more
11 Aug 22 @ 13:35
The Reserve Bank of Australia is collaborating with the Digital Finance Cooperative Research Centre (DFCRC) on a research project to explore use cases for a central bank digital currency (CBDC).... read more
10 Aug 22 @ 12:32
The metaverse is the growing digital realm that uses augmented reality, virtual reality, blockchain, social media, and a host of other technologies to create a vast virtual world. Companies looking... read more
10 Aug 22 @ 11:58
New research from Shieldpay and the Centre for Economics and Business Research (Cebr) has found that almost 900,000 (882,900) UK businesses are currently selling on online marketplaces, generating an estimated £282... read more
09 Aug 22 @ 13:50
Remittances sent worldwide have increased 64.3% in the past decade, rising from $420.1 billion 10 years ago to $653.4 billion in the last year*, according to research by ACE Money... read more
09 Aug 22 @ 10:29
The US has imposed sanctions on Tornado Cash, a crypto “mixing service” that they say has laundered more than $7 billion over the past three years and helped North Korean... 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