Showing results for 'PIX' in Articles
97 Articles | 17 Magazines | 0 Research | 0 Whitepapers

Global Payments Report 2024: Digital wallets to hit $25 trillion

22 Mar 24 @ 14:25

The continued rise of digital wallets is heralding a golden age in payments, marked by the swift adoption of new technologies and driven by consumer preference according to new research... read more

Report: Consumer-to-Business payments – A strong growth outlook

15 Mar 24 @ 11:16

Retail payments is a rich and promising industry, earning what Bain & Company estimates as $356 billion in global revenue in 2021, with projected annual growth of 6% to $480... read more

Banco do Brasil partners with G+D to test DREX CBDC

14 Mar 24 @ 14:54

Banco do Brasil (BB) will partner with Giesecke+Devrient (G+D) to test an offline payment solution within the CBDC pilot of the Brazilian Digital Real Electronic (DREX). This will allow the... read more

Italian in-store mobile payments grew 88% in 2023

13 Mar 24 @ 17:45

In 2023, Nexi recorded an 88% increase in the value of in-store mobile payments transactions via smartphone and smartwatch in Italy, new data reveals. According to further data released by... read more

Google shuts down Google Pay in the US

28 Feb 24 @ 11:23

Google has announced that it will shut its payments app Google Pay in the US to simplify app experience for users – in India and Singapore, and other countries the... read more

How the payments industry can optimise efficiency while creating value in 2024

20 Dec 23 @ 13:00

In today’s fast-paced and highly competitive business environment, payments providers face the dual challenge of optimising payment efficiency while creating value for their customers. This heightened attention towards the customer... read more

APP fraud losses expected to hit $6.8 billion by 2027

06 Dec 23 @ 11:18

APP fraud (Authorized Push Payment ) losses are on the rise and expected to climb to $6.8 billion — a combined compound annual growth rate (CAGR) of 11% — by... read more

Future revenue growth: Instant payments and digital wallets rise

15 Nov 23 @ 12:56

Globally, payments revenues have proved remarkably resilient, overcoming a variety of regional headwinds to grow at rates well above the established long-term trend. Payments revenues grew at 11% in 2022—a... read more

Five trends shaping the payments infrastructure revolution

14 Nov 23 @ 10:53

The payments industry is under construction. From rails to regulation to currencies, nearly every element of the global payments infrastructure and ecosystem is undergoing a rebuild. This period gives infrastructure... read more

Latin America – an emerging e-commerce powerhouse

16 Oct 23 @ 16:51

A new report,  LatAm E-Commerce Report 2023, explores e-commerce in Latin America where it observes a remarkable 2.8X increase in sales value. Additionally, the overall number of transactions in the... read more

World Payments Report: Non-cash transactions continue to rise

15 Sep 23 @ 14:42

Non-cash transaction volumes maintained upward momentum as consumers and businesses adopted digital payment schemes. The World Payment Report 2023 estimates suggest that from 2022 to 2027, non-cash transaction volume growth will... read more

Digital wallets transaction value to surpass $16 trillion globally

01 Sep 23 @ 16:48

A new study finds that the total value of digital wallets transactions will rise from $9 trillion in 2023 to $16 trillion in 2028, a growth of 77%. This trend is... read more

Visa acquire core banking platform Pismo

29 Jun 23 @ 12:45

Visa has signed a definitive agreement to acquire Pismo, a cloud-native issuer processing and core banking platform with operations in Latin America, Asia Pacific and Europe, for $1 billion in... read more

Widespread adoption drives global Real-Time Payments growth

24 May 23 @ 16:14

New sophisticated use cases for consumers and businesses are driving global Real-Time Payments (RTP) volumes to record highs, with 195.0 billion RTP transactions recorded globally in 2022 — a YoY... read more

Report offers FI’s insight into Instant Payment monetisation

19 May 23 @ 11:34

Matera has released a special report detailing adoption of Brazil’s highly successful Pix system of instant payments. Pix by the Numbers provides key insights for US and other markets financial institutions... read more

Half a trillion dollars wiped off Bank stocks as rout continues

20 Mar 23 @ 13:26

It has not been a good week for the global banking community. Starting with Silvergate Bank and ending (so far) in emergency purchase of Credit Suisse, the underlying lack of... read more

Feature: Time for Brazil to get Real?

16 Nov 22 @ 18:09

With a young, dynamic population and a growing economy, Brazil is a hot market for global payments players. But will endemic fraud problems and technical challenges blunt its attraction? There’s... read more

Knocked down but not out: the return of cash

15 Nov 22 @ 17:28

The Covid-19 pandemic had a significant impact on people’s payment habits, with cash use falling significantly, and by more than other payment types. This has led to some concerns that... read more

Prepaid cards market expected to exceed $5.5 trillion dollars by 2028

30 Nov 21 @ 16:59

Amid hype about alternative payments and digital currencies, prepaid cards are booming – with growth projected to run faster than e-commerce world-wide over the next ten years. Payments Cards &... read more

PCM Feature: Is there too much investment in payments?

13 Oct 21 @ 17:02

For more than a decade, the shift to e-commerce and mobile has brought huge amounts of investment into payments. As further fresh investment rounds are announced, PCM asks whether a... read more

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Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more

Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

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

UK Banks complete first live transactions using Tokenised Deposits

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