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
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
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
14 Aug 23 @ 14:21
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
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
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
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
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
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
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
24 Oct 22 @ 13:21
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
17 Feb 22 @ 14:28
If markets like Brazil, Colombia and Argentina are digitising their financial services sector faster than anywhere else on Earth, then they are also experiencing rampant fraud attempts in digital channels.... read more
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
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
24 Aug 21 @ 09:21
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
24 Aug 21 @ 09:11
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. PCM examines the... read more
23 Jun 21 @ 16:10
The ASEAN Financial Innovation Network (AFIN), a non-profit backed by the Monetary Authority of Singapore (MAS), the World Bank’s International Finance Corporation (IFC), and the ASEAN Bankers Association, is launching... read more
18 Apr 21 @ 12:55
More than 70.3 billion real-time payments transactions were processed globally in 2020, a surge of 41% compared to the previous year, as the COVID-19 pandemic dramatically accelerated trends away from... read more
04 Nov 20 @ 14:05
Following on from yesterdays post looking at payments revenue growth estimates in Europe and North America, PCM now reviews BCG’s Global Payments 2020 impact of COVID-19, modelling three scenarios for... 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
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
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
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