31 May 24 @ 14:17

A collaborative and accessible ecosystem are crucial tenets for the success of real time payments. Enough institutions need to be bought in- whether through mandates or market-driven demand- and systems... read more

31 May 24 @ 13:35

It all started in early 2024 when a fairly interesting news story sparked headlines: UPI selects Google to take digital wallet global. The basis of the deal was that The... read more

21 Feb 24 @ 10:56

As Asian economic powerhouses join up their faster payment systems and Africa follows suit, Europe lags in confusion, directives, initiatives and strategies. James Wood asks why Europe can’t copy Asia’s... read more

14 Dec 23 @ 16:31

With the largest Asian population outside China, a swiftly-liberalising economy plus a banking sector that’s growing in dynamism, it’s no wonder international players want to get into Indonesia. James Wood... read more

14 Dec 23 @ 16:22

New research shows that growth opportunities across the payment sector are better than they’ve been in a long time – but traditional “big players”, from banks to processors and retailers,... read more

14 Dec 23 @ 16:03

A new report reveals that growth in card purchase volume in 2022 was driven by increasing financial inclusion, digitisation and the easing of lockdowns. Global Cards and Payments shows that... read more

14 Dec 23 @ 15:56

Nordic countries continue to lead the world in their adoption of cashless payment methods, according to a new Nordic Payments Report. Cash use in the Nordics is the lowest in... read more

24 Oct 23 @ 11:30

As part of new series on high-growth Asian markets outside China, James Wood looks at Thailand, asking what’s next for a country that’s seen P2P and digital wallet payments soar.... read more

24 Oct 23 @ 09:43

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

14 Aug 23 @ 14:53

According to a new study by IDC Financial Insights, spending on legacy payments technology is rising rapidly and damaging the growth prospects of banks around the world. Global financial institution... read more

05 Apr 23 @ 09:47

A new study has found the number of virtual card transactions – randomly generated card numbers linked to a payment account – will exceed 121 billion globally by 2027, up... read more

26 May 22 @ 06:36

A new study has found the value of digital wallets transactions will exceed $12 trillion in 2026, up from $7.5 trillion in 2022. To capitalise on this substantial growth, the... read more

26 May 22 @ 06:19

7-Eleven stores in Japan are now trialling a new holographic POS system that allows customers to make contactless payments using a holographic screen projected from the self-checkout terminal. Developed by... read more

21 Apr 22 @ 10:11

New data from PCM’s yearbooks reveals strong growth in electronic payments across Russia and the former Commonwealth of Independent States (CIS) – though cash use persists and next-generation payment technologies... read more

21 Apr 22 @ 09:21

More than 80 percent of Americans used some form of digital payments in 2021, continuing a long-standing trend. The findings of McKinsey’s 2021 Digital Payments Consumer Survey – an ongoing... read more

20 Apr 22 @ 14:09

Hygiene-conscious consumers gravitated towards contactless payment methods during the pandemic to minimise contact with EFTPOS terminals. Governments took note of this trend and several countries, including the UK, the Czech... read more

17 Feb 22 @ 15:05

This year’s PCM’s Digital and Card Payment Yearbooks suggest payment card use may be starting to decline, to be replaced by digital wallets, direct-to-account payments and other methods. James Wood... read more

24 Aug 21 @ 08:36

The financial services industry is in the midst of a significant transformation accelerated by the COVID-19 pandemic. Given the key role digitisation plays in the financial lives of more and... read more

09 Jun 21 @ 04:24

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

09 Jun 21 @ 04:17

The payments market is full of noise about Chinese payments, from WeChat to digital identity. Outside China, however, many dynamic Asian economies are innovating – and offer great opportunities for... read more