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BIS Project Dunbar cross-border CBDC initiative deemed a success

22 Mar 22 @ 17:12

The Bank for International Settlements (BIS) has announced the completion of prototypes for a common platform enabling international settlements using multiple central bank digital currencies (CBDC). Project Dunbar as the... read more

OEM pay and chatbot messaging growth explodes globally

22 Mar 22 @ 10:07

A new study has found that the volume of global e-commerce transactions made via OEM Pay will exceed 30.7 billion by 2026; rising from 6.1 billion in 2022. This outstanding growth... read more

European Payments Initiative hits troubles as majority of Banks leave

22 Mar 22 @ 09:37

In late December troubling reports emerged surrounding the European Payments Initiative (EPI) as some European lenders were holding off their plans to join the project. EPI Interim Company, tasked with... read more

PCM feature: Can Russian payments weather the storm?

21 Mar 22 @ 15:53

Alongside a host of other Western companies, PayPal, Mastercard, Apple and Visa have pulled out of the Russian payments market following Russia’s invasion of Ukraine, with major banks such as... read more

62% of merchants are seeing new fraud types emerge

21 Mar 22 @ 15:00

Merchants experienced more fraud in 2021 than 2020, with new types of fraud affecting 62% of merchants. Online payment fraud continues to be the biggest threat with 20% more businesses... read more

NYC debuts first Non-Fungible Token ATM

21 Mar 22 @ 14:48

They say timing is everything… One assumes, in a bid to cash in on the Non-Fungible Token (NFT) craze that was (prior to a monster sell off), New Yorkers interested in... read more

A guide to the European Regulation on Markets in Crypto-assets (MiCAR)

18 Mar 22 @ 10:48

The regulation of crypto assets and related services is still not treated uniformly in the European Union and resembles more a patchwork of regulatory fragmentation. Although the fifth Anti-Money Laundering... read more

Financial App usage explodes – Crypto and BNPL surge

18 Mar 22 @ 10:20

The 2021 State of Finance study from App Annie reveals just how fast the world of personal finance is going digital. Within this revolution, buy-now-pay-later and cryptocurrency services are growing... read more

Payments Cards & Mobile Jobs of the Week

18 Mar 22 @ 09:42

Are you looking for a new job at the moment? Well, you’ve certainly come to the right place. We have a whole host of really exciting tech roles on our... read more

Brazil’s central bank actively working of CBDC and crypto

17 Mar 22 @ 17:23

The Central Bank of Brazil (BCB) has announced plans to start a pilot program of a central bank digital currency (CBDC). In September, the BCB told the Brazilian Senate that it planned... read more

Open Banking: The changing rules on 90 day re-authentication

17 Mar 22 @ 17:10

Open Banking got started back in 2018 thanks to ground-breaking regulations (PSD2), that gave consumers the right to access their bank account data using third parties called account information services providers... read more

Average contactless payment increases 30% since new limits introduced

16 Mar 22 @ 15:51

December 2021 card spending data from UK Finance reveals that the average amount spent per contactless card transaction rose by almost 30% following the contactless spending limit increasing from £45 to... read more

Amex sets sights on Metaverse landgrab with patent filing

16 Mar 22 @ 12:46

American Express is making what appears to be a landgrab for what some see as the next big market for payments – the metaverse. The company has filed trademark applications for... read more

NFT market implodes – Is anyone surprised?

16 Mar 22 @ 12:24

The more astute of you will know that there has been a substantial, if slightly perplexing rise, in the Non-Fungible Token or NFT market in the last 18 months. Perplexing... read more

Fabio Panetta on central bank digital currencies and digital euro

15 Mar 22 @ 13:19

Fabio Panetta, Member of the Executive Board of the ECB, was recently involved in a panel to discus central bank digital currencies at the US Monetary Policy Forum in New... read more

Europeans don’t want cash – Trust cards over e-wallets

15 Mar 22 @ 12:44

A new report by card industry body Payments Europe claims Europeans would welcome government intervention to mandate electronic payment. The report also says that, while instant, or account-to-account, payments are... read more

Ex-Wirecard CEO, Markus Braun, charged with fraud

14 Mar 22 @ 15:52

German prosecutors have charged Wirecard’s former chief executive, Markus Braun, and two other former senior executives with suspected market manipulation, fraud, breach of trust and accounting manipulation of the company’s... read more

Former UK “Unicorn” Ve Global hits financial difficulties

14 Mar 22 @ 15:38

Former UK Unicorn Ve Global has announced that it is in “financial distress” five years after it was bought out of administration. The company has launched an accelerated sales process... read more

Russian bank closures disrupt European banking operations

14 Mar 22 @ 13:22

Russia’s attack on Ukraine and the resulting economic sanctions have already impacted European banking in several ways, many of which are indirect. One potential impact is in the form of... read more

What does the future hold for the ATM market?

11 Mar 22 @ 11:51

Much has been made of the death of cash and more recently the decline of the ATM estate worldwide, but the industry is still expected to reach $29.89 billion by... read more

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Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

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

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more