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

03 Nov 20 @ 16:36

In an earlier review of the Global Payments 2020 PCM looked at the impact of COVID-19, modelling three scenarios for payments revenue growth estimates. In the next two posts PCM... read more

06 Oct 20 @ 17:10

The latest version of the World Payments Report has been released today, payment firms are being pushed rapidly into transformation, even as they handle larger transaction volumes, face increased competition... read more

11 Sep 20 @ 10:10

As the global face of financial technology changes beyond all recognition, the need for the right kinds of payments solutions to be in place has never been greater. Built to... read more

10 Aug 20 @ 14:08

PayPal has announced that a surge in e-commerce transactions and new accounts has driven quarterly profits 86% higher. The company announced it will continue to support additional investments in mobile-payment... read more

04 Aug 20 @ 12:55

China’s central bank is reported to be considering and antitrust investigation into Alipay and WeChat Pay, the central bank argues the digital payment giants have used their dominant positions to... read more

31 Jul 20 @ 12:10

A global payments report 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 by... read more

29 Jul 20 @ 10:25

Today, we launch a major new study into the future of global retail and digital banking and the digital revolution. A Whole New World: Banking’s Digital Future states that by... read more

21 May 20 @ 16:09

Increasing financial inclusion efforts, the rapid uptake of contactless and mobile payments, and the introduction of new payment systems are contributing to growth in cashless payments worldwide. A new study... read more

14 Feb 20 @ 16:14

The love affair between consumers and their mobile phones is leading to explosive growth in new digital payments across Europe. More and more consumers are shopping across borders online and... read more

20 May 19 @ 16:48

Alipay, the mobile payments arm of Alibaba Group has signed up more than 300,000 retailers in Japan to its m-payments service to serve the growing number of Chinese tourists to... read more

14 Jan 19 @ 13:38

Payments Network Malaysia (PayNet), the national payments network and central infrastructure provider, has implemented DuitNow, Malaysia’s Real-Time Payments Platform (RPP) using ACI’s UP solution. The first service offered to the... read more

10 Apr 18 @ 14:32

Nearly 2.1 billion consumers worldwide will use a mobile wallet to make a payment or send money in 2019, up nearly 30% from 1.6 billion recorded at the end of 2017,... read more

11 May 16 @ 13:51

Seamless has been granted authorization by Sweden’s financial supervisory authority, Finansinspektionen, to issue electronic money. This means that SEQR users can send and receive money, worldwide, in real time. Under... read more

16 Oct 15 @ 10:04

Wincor Nixdorf has announced the launch of a new automated teller machine (ATM), that allows customers to withdraw cash using a smart phone or a near-field communications (NFC) card. The... read more

27 Sep 26 @ 18:51

Revolut has completed a three-day UK pilot of its Pay with Smile facial recognition checkout, giving customers at selected London cafés the ability to make in-store payments simply by looking... read more