17 Aug 20 @ 15:30

Western Union is reported to have made an offer to acquire MoneyGram in a transaction that would bring together the two largest money-transfer service providers in the US. Western Union... read more

17 Aug 20 @ 15:22

Just days after its much-hyped launch, Brazil’s Central Bank has suspended Facebook’s WhatsApp payment feature in the country, the app’s second-biggest market with more than 120 million users. The decision... read more

21 Jul 20 @ 12:44

Only nine percent of the world’s top tier banks are effectively monetising payments data. Findings from Aite Group’s report “The Payments Transformation Race: Criteria for Success”, commissioned by Icon Solutions,... read more

21 Jul 20 @ 12:41

Infosys Finacle have published their look forward at retail banking trends in 2020. Entitled “Scale Digital”, the report predicts 2020 will see a decisive shift in banks’ business models away... read more

21 Jul 20 @ 12:40

A new report from Oxford Economics and Juvo claims that establishing financial identities for the world’s unbanked population would add an extra $250 billion to global gross domestic product (GDP),... read more

21 Jul 20 @ 12:34

Big tech firms are playing an increasingly prominent role in the financial system and have begun to provide financial services. Some big tech firms have grown rapidly in the past... read more

15 Jun 20 @ 05:24

EXCLUSIVE: Payments Cards and Mobile presents the first comprehensive overview of how the current crisis is affecting payments, from e-commerce to digital banking, cash use, fraud trends – and, above... read more

15 Jun 20 @ 05:20

Digital transactions are taking over. Contactless is booming. Meanwhile, small and medium retailers are under intense cost pressure after COVID and don’t want to upgrade their terminals – while some... read more

15 Jun 20 @ 05:16

Whether it’s digital banking, mobile wallets or e-commerce – apps and online platforms are moving rapidly to the centre of payments. At the same time, fraud is migrating fast to... read more

15 Jun 20 @ 04:41

Despite a widening gulf between traditional banks on the one hand and Big Tech and challenger banks on the other, traditional banks can still thrive in today’s market by innovating... read more

15 Jun 20 @ 04:38

Canadian software firm OpenText has published a survey suggesting that as many as 40 percent of global financial institutions have yet to begin implementing Artificial Intelligence in their approach to... read more

15 Jun 20 @ 04:37

New research from global consulting firm Kearney has found that revenue for retail banks will fall by an average of 20 percent over the course of 2020.  Kearney also suggest... read more

15 Jun 20 @ 04:35

It’s been reported that Visa has filed an application to create digital currency on Ethereum blockchain with the United States Patent and Trademark Office. According to the application published May... read more

15 Jun 20 @ 04:34

In a new report, the European Credit Sector Associations (ECSAs) – which includes the continent’s Association of Co-operative Banks (EACB), the European Banking Federation (EBF) and the European Savings and... read more

15 Jun 20 @ 04:32

New research from Deutsche Bank has gone against the grain of current thinking in payments by predicting both the continuation of cash payments – and what it calls “the extinction... read more

15 Jun 20 @ 04:30

A group of Europe’s largest and most important financial infrastructures players chaired by the European Central Bank (ECB) and known as the Euro Cyber Resilience Board for pan-European Financial Infrastructures... read more

15 Jun 20 @ 04:29

Technology and data advances will enable banks to provide customers with a hyper-personalised, largely automated service within the next decade, replacing the traditional retail products-based approach. But the extent of... read more

15 Jun 20 @ 04:28

The Smart Payment Association (SPA), the global trade body for the smart payments industry, has published proposals for an Instant Payment Card that would extend SEPA instant Credit Transfer functionality... read more

15 Jun 20 @ 04:26

China will begin trialling payments via its new Central Bank Digital Currency (CBDC) in four major cities, according to domestic media. In recent months, China’s central bank has stepped up... read more

15 Jun 20 @ 04:25

Rumours abound that Google is developing a physical and virtual debit card to allow consumers the flexibility to make payments at places that aren’t equipped with POS terminals. The card... read more