23 Dec 20 @ 11:13
Last year the European Central Bank said that it welcomed the European Payments Initiative (EPI), an initiative by some of Europe’s top banks to explore the development of a “rival... read more
23 Dec 20 @ 11:05
Mobile wallet adoption is hotting up and gradually displacing traditional payments forms such as cash and cards in India. This has become even more prevalent during the current COVID-19 crisis... read more
19 Oct 20 @ 03:42
Investors and intermediaries are flocking to Latin America, lured by high growth rates in everything from e-commerce to mobile wallets. But stubbornly high cash use, a low banked population and... read more
18 Aug 20 @ 12:14
With a young population and some of the highest economic growth rates in the world, investors are flocking to African payments in search of the same returns seen in Asia... 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
06 Apr 20 @ 13:02
A new study from Worldpay has confirmed findings from PCM’s proprietary research and other sources that card use is now in slow decline in developed markets and is being replaced... read more
06 Apr 20 @ 12:17
According to new data, the entire mobile wallet market is set to become a $1 trillion industry in 2020, growing by a massive 36.5 percent year-on-year. This strong growth trend... read more
18 Dec 19 @ 15:37
This year’s Money2020 USA in Las Vegas revealed an industry in transformation, with the digital revolution in full flight. Although new products and services were launched to support online transformation,... read more
06 Aug 19 @ 11:25
Alipay will collaborate with six mobile wallets across Europe to enable QR code-based digital payment interoperability for travellers both in Europe and from China. Alipay is working with European brands... read more
03 Jun 19 @ 14:54
GATE (Global Acceptance Transaction Engine) has released its Mobile Wallet Trends Annual Report, highlighting trends in both mobile wallet and mobile payment usage across global markets. Mobile wallets are still... read more
08 Apr 19 @ 13:18
A late 2017 McKinsey study warned payments firms should be more worried about “Big Tech” than fintechs as a threat to their businesses. Since then, Facebook, Apple, Google and Amazon... read more
08 Apr 19 @ 13:06
Growing numbers of countries are rebuilding their national payments infrastructures (NPI), including the UK, Australia, India, Canada and Singapore. PCM Editor James Wood looks at what’s gone right and wrong,... read more
06 Feb 19 @ 05:18
Driven by contactless card payments and by increased card usage, in 2017 the number of card payments continued to grow across the 33 countries covered by our Yearbook. POS payments... read more
27 Nov 18 @ 11:48
The World Payments Report 2018 from Capgemini and BNP Paribas predicts non-cash transactions will accelerate over the next five years to reach a compound annual growth rate (CAGR) of 12.7... read more
27 Nov 18 @ 11:42
The 2018 edition of FIS’s annual “Flavour of Fast” report has revealed a world in full migration towards faster payments. As part of this annual study, FIS produces a ranking... read more
27 Nov 18 @ 11:39
The major card networks dominate the modern payments landscape, and have been a driver of global commerce over the last fifty years. The last few years’ statistics confirm this dominance... read more
27 Nov 18 @ 11:35
Artificial Intelligence (AI) and Machine Learning are already the buzz-words of the next decade in almost every walk of life, from medicine to product design and financial services. But when... read more
27 Nov 18 @ 06:43
Mobile wallet adoption in Asian markets like China, India and Taiwan is much higher than their Western counterparts such as the US, the UK and Germany. According to a new... read more
01 Jun 18 @ 10:01
Nearly 2.1 billion consumers worldwide will use a mobile wallet to make a payment or send money in 2019, up nearly 30 percent from 1.6 billion recorded at the end of... read more
09 Apr 18 @ 13:54
Retailers have been asking themselves and their vendors for some time how to get to omni-channel. “I wouldn’t start from here” is the flippant response. Yet retailers do start here.... read more
30 Jun 26 @ 07:05
Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more
06 Jul 26 @ 20:34
European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and m... more
07 Jul 26 @ 19:13
Visa has unveiled a new cybersecurity platform designed to help financial institutions identify threats before they develop into fraud, while simultaneously rev... more