06 Sep 21 @ 19:55
Across the world, digital payments are now synonymous with mobile payments, with the rate of adoption directly linked to access to smartphones and telecoms networks. The furious growth in digital... read more
24 Aug 21 @ 15:33
Prime Minister Narendra Modi recently unveiled a new digital payment product called e-RUPI under the country’s UPI (Unified Payments Interface). According to state news sources, this payment mechanism is to ensure... read more
16 Jul 21 @ 10:36
It’s been four years since UK regulators fired the starting gun on Open Banking, followed closely by the EU and 36 other markets world-wide. As a major new study into... read more
07 Jun 21 @ 16:27
The Bank of England has published a Discussion Paper which aims to broaden the debate around new forms of digital money and seek views on the Bank’s emerging thoughts on... read more
07 Jun 21 @ 15:10
The financial services industry is in the midst of a significant transformation, accelerated by the COVID-19 pandemic. And given the key role digitisation plays in the financial lives of more and... read more
21 May 21 @ 11:35
For years now in Belgium, digital payments have been advancing and the current pandemic has only reinforced this trend. More and more people are abandoning banknotes and coins as such... read more
21 May 21 @ 10:28
A new study has found that the total value of transactions processed by POS terminals will exceed $17.3 trillion in 2026, from $14.8 trillion in 2021; growing 28%. The growth... read more
17 May 21 @ 16:14
Horst Forster is a European payments expert with decades of experience in payments consulting and financial technology research. He runs PCM’s Digital and Card Payments Yearbooks, as well as working on... read more
17 May 21 @ 16:04
Amid rising hype about mobile wallets, P2P FinTech challengers and QR-code payments, this year’s Digital and Card Payments Yearbooks show a card segment in robust health, with business growing strongly.... read more
10 May 21 @ 13:57
More than eight in ten consumers (86%) say that their payments habits have changed since the start of the pandemic, with 59% trying a new payment method for the first... read more
05 May 21 @ 17:48
As we know, when the world went into pandemic lockdown in 2020, consumers shifted their spending habits to embrace contactless and digital payments and online shopping. As stores closed and... read more
29 Apr 21 @ 16:03
The Chinese e-commerce market is predicted to grow at a strong compound annual growth rate (CAGR) of 12.4% from CNY13.8 trillion ($2.1 trillion) in 2021 to CNY19.6 trillion ($3.0 trillion)... read more
18 Mar 21 @ 16:47
Amid rising hype about mobile wallets, P2P FinTech challengers and QR-code payments, this year’s Digital and Card Payments Yearbooks show a card segment in robust health, with business growing strongly.... read more
17 Mar 21 @ 13:14
OEM Pay contactless transactions, driven by Apple Pay, Samsung Pay and Google Pay, will reach more than $1 trillion in 2022, finds Kaleido Intelligence. This is up 377% from pre-COVID-19... read more
16 Mar 21 @ 17:15
A new study has found revenue from tokenisation provisioning and management in mobile payments will exceed $53 billion in 2025, from $18 billion in 2020. The report found tokenisation, where account... read more
09 Feb 21 @ 14:42
The Japanese payments market has long been something of a paradox between technological capabilities and the uptake of those technologies – cashless payments are the same. On the one hand,... read more
04 Feb 21 @ 17:52
3.2 billion people worldwide used smartphones in 2019, and 3.5 billion in 2020. The move towards digital and mobile payment and commerce is so well document both by Payments Cards... read more
07 Dec 20 @ 18:58
A new report states that senior payments executives at banks feel like they are locked in a payments technology arms race. They also worryingly describe themselves as held back by... 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
04 Nov 20 @ 12:39
Two major technology firms have further consolidated their position in China’s mobile payments market as the ongoing pandemic accelerates the consumer shift toward digital platforms. Ant Group, who’s plans to... 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