29 Oct 24 @ 18:38
The European Central Bank (ECB) has unveiled a new set of initiatives designed to enhance cross-currency instant payments within the European Union (EU) and potentially expand these capabilities globally. Built... read more
15 Oct 24 @ 19:21
Card payments dominate the Nordic payment landscape, with 90% of shoppers using them for contactless payments either daily or once a week, according to new research conducted on by Nets.... read more
09 Sep 24 @ 12:11
A new white paper from Nexi explains how Europe’s banks and fintechs can better manage rising fraud risk in the digital economy. In our last blog, we covered the current, or... read more
27 Aug 24 @ 15:33
A new white paper from Nexi Group says that as fraudsters professionalise and adopt sophisticated AI-led techniques, banks and fintechs need to fight back. Launched today, Nexi’s Fighting the new... read more
07 Aug 24 @ 12:16
The “E-commerce Report 2023 – Europe” by Nets, provides an insightful analysis of the evolving e-commerce landscape across the Nordic, DACH (Austria, Germany, Switzerland), and CSEE (Croatia, Greece) regions. Based... read more
22 Mar 24 @ 17:06
As funding dries up for neo-banks and questions arise over their capacity to secure account balances from the many customers who have opened digital-only accounts in recent years, it looks... read more
13 Nov 23 @ 18:04
The SEPA Instant Credit Transfer scheme (SCT Inst), which operationalised euro-based Instant Payments, first went live in late 2017. Several years later, Instant Payments have not seen widespread adoption across... read more
10 Nov 23 @ 14:43
Amid the glare of red rockets and much other fanfare, the US finally announced the launch of FedNow on July 2023. 57 US banks (out of some 14,000 with licenses... read more
03 Nov 23 @ 14:27
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
21 Aug 23 @ 15:14
Open Banking services are taking off world-wide. But questions remain about how some players – especially banks – can make money out of this new era. As Variable Recurring Payments... read more
15 Aug 23 @ 11:26
Bangladesh Bank, the country’s central bank, has decided to launch the nation’s domestic card scheme. By establishing this independent domestic card scheme payment infrastructure, Bangladesh Bank says it is creating... read more
06 Jun 23 @ 07:41
The 2023 version of The Global Payments Report by Worldpay, has revealed that Account to Account payments are now worth $525 billion globally – and are projected to grow at... read more
20 Apr 23 @ 16:23
P27 Nordic Payments has decided to withdraw its clearing license application from Finansinspektionen. The payments initiative, which won permissions from The European Commission to establish its pan-Nordic payments platform, said... read more
14 Feb 23 @ 18:56
The European Payments Initiative (EPI), launched to some fanfare in 2020, was supposed to offer a payments solution “catering and corresponding to European needs.” But as the EPI’s scope changes... read more
31 Oct 22 @ 17:10
Nets, has published its Nordic Payment Report 2022, revealing a strong recovery for face-to-face payments, particularly in hospitality and transport sectors, as mobile payments gain ground at physical points of... read more
23 May 22 @ 16:23
New data from the UK’s Open Banking Implementation Entity (OBIE) shows products in-market and user numbers accelerating. Meanwhile, major European markets such as France and Germany are moving from strategy... read more
21 Feb 22 @ 10:51
Following the 28 October 2021 announcement that Facebook will be renamed ‘Meta’, the term ‘metaverse’ has truly come out from the back room, where the gamer is consumed by games such... read more
07 Feb 22 @ 17:21
A new report by European Open Banking services provider Tink finds much positive sentiment about the greater competition and wider palette of services Open Banking will bring. Such breathless optimism... read more
05 Jan 22 @ 16:21
A ground breaking plan for Denmark’s financial sector has been approved by the board of Denmark’s banking association, Finance Denmark. According to the new sector plan, P27 Nordic Payments will... read more
29 Sep 21 @ 12:01
One of the key motivations behind Open Banking has been to enable the growth of alternative payment methods to cards. A new report demonstrates that the policy drivers, the industry... read more
06 Sep 26 @ 19:31
Wero is moving further beyond its origins as a peer-to-peer payment service, with Orange becoming the first merchant in France to offer subscription bill paymen... more
06 Sep 26 @ 19:32
The European Central Bank and Banco Central do Brasil are examining whether Europe’s TIPS instant-payment infrastructure could be connected with Brazil’s hu... more
10 Sep 26 @ 15:44
US Bank has completed a live cross-border transaction using its own dollar-backed stablecoin, becoming one of the latest major lenders to test whether blockchai... more