24 Aug 21 @ 08:45
Research amongst 785 professionals at global financial institutions and banks reveals that most organisations are already deriving the benefits of Open Banking and Banking as a Service (BaaS). Open Finance... read more
24 Aug 21 @ 08:42
Real-time payments are now as popular as cash as a payment method for consumers in Southeast Asia, according to new research from ACI Worldwide and YouGov. Three out of five... read more
24 Aug 21 @ 08:36
The financial services industry is in the midst of a significant transformation accelerated by the COVID-19 pandemic. Given the key role digitisation plays in the financial lives of more and... read more
24 Aug 21 @ 08:27
Just seven month after Deutsche Bank announced it was looking for acquisitions and partnerships to move itself back into mainstream merchant acquiring, Germany’s largest bank, has announced a joint venture... read more
24 Aug 21 @ 06:52
Danske Bank has agreed to merge three digital wallets MobilePay, Vipps and Pivo with respective owners OP Financial Group in Finland and the consortium of banks behind Vipps in Norway.... read more
09 Jun 21 @ 04:24
It’s been four years since UK regulators fired the starting gun on Open Banking, followed closely by the EU and 36 other markets world-wide. As a major new study into... read more
09 Jun 21 @ 04:17
The payments market is full of noise about Chinese payments, from WeChat to digital identity. Outside China, however, many dynamic Asian economies are innovating – and offer great opportunities for... read more
09 Jun 21 @ 04:13
A new study has found e-commerce fraud losses will rise this year, from $17.5 billion in 2020 to over $20 billion by 2021 – growth of 18 percent in a single... read more
09 Jun 21 @ 04:11
The modern bank heist has escalated to a hostage situation over the past year. The new goal of attackers is now to hijack a financial institution’s digital infrastructure and to... read more
09 Jun 21 @ 04:09
Business is booming on the dark side of the internet, with everything from illegal drugs to fake ID and credit card details for sale. PCM Managing Editor James Wood dons... read more
09 Jun 21 @ 04:06
In recent issues, PCM has given readers overviews of payments markets in both Western Europe and Eurasia. Now we focus on Russia – a market characterised by rapid growth and... read more
09 Jun 21 @ 04:01
A new report from financial infrastructure provider Banking Circle argues the right approach to AML can be an enabler, driving efficiencies and leaner processes in banks, as well as making... read more
09 Jun 21 @ 04:01
Analysis from Kearney has found that the performance of retail banks is likely to return to pre-COVID levels within three to five years, although profitability will remain under pressure in... read more
09 Jun 21 @ 04:00
Though not widely known in the developed markets of North America and Europe, mobile money services are one of the unsung success stories of recent years. Mobile Money apps offer... read more
09 Jun 21 @ 03:58
Dire predictions that the UK would collapse after its exit from the EU were as far-fetched as unfounded optimism that it would become Europe’s Singapore on leaving. To date, we’ve... read more
09 Jun 21 @ 03:57
Citi Bank is reportedly considering taking its first steps into cryptocurrency markets after a surge in interest from clients. The group is the latest major bank to consider pushing into... read more
09 Jun 21 @ 03:55
A new study has found that the number of users of software-based facial recognition to secure payments will exceed 1.4 billion globally by 2025, from just 671 million in 2020.... read more
09 Jun 21 @ 03:54
Visa says it has nailed a major industry first in bridging the worlds of digital and traditional fiat currencies: the use of USD Coin (USDC), a stablecoin backed by the... read more
09 Jun 21 @ 03:52
While most of the world can’t travel across borders just yet, we can certainly shop across them. Data shows that almost 24 percent of e-commerce purchases in Europe are international.... read more
09 Jun 21 @ 03:51
A new study finds that digital domestic money transfer transaction values will rise from $2 trillion in 2020 to $3.4 trillion in 2025, driven by growth in mobile money transfers. ... 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