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
14 Aug 23 @ 14:21
Visa has signed a definitive agreement to acquire Pismo, a cloud-native issuer processing and core banking platform with operations in Latin America, Asia Pacific and Europe, for $1 billion in... read more
14 Aug 23 @ 14:20
Enfuce has been chosen by Iceland’s Kvika Bank to modernise its payment services, including the launch of a Visa consumer credit card, integration with Apple Pay and Google Pay, and... read more
05 Apr 23 @ 09:30
Mercedes-Benz customers in Germany are now able to authenticate payments via an in-car fingerprint sensor. Mercedes bought PayCash Europe back in 2017 with the intent on launching in-car payments. With... read more
05 Apr 23 @ 09:19
Ingenico and Fujitsu Frontech have unveiled the world’s most “secure, accurate and seamless biometric payment solution” based on palm vein identification. The solution allows consumers to identify themselves and authenticate... read more
29 Dec 22 @ 03:56
Across major economies everywhere, the current rapid rise in the cost of living is having a profound effect on the way people pay, save and bank, with many segments of... read more
29 Dec 22 @ 03:52
Japan’s JCB has launched “JCBDC” (JCB Digital Currency) pilot project with IDEMIA and FinTech company Soft Space. JCBDC pilot will develop a CBDC (Central Bank Digital Currency) payment solution and... read more
29 Dec 22 @ 03:51
A new study from leading banking and payments infrastructure specialists Tietoevry Banking reveals that almost three-quarters (73.2 percent) of European banks intend to outsource parts of their payments infrastructure over... read more
29 Dec 22 @ 03:25
NatWest Group has entered into a strategic partnership with the Vodeno Group which will see the creation of a Banking-as-a-Service (BaaS) business in the UK. This strategic partnership will enable... read more
21 Apr 22 @ 09:25
According to European regulators, rapid action is needed to update how cross-border digital finance services are scrutinised within the region and consumers are protected as the sector becomes digitalised with... read more
16 Dec 21 @ 13:46
The trend for outsourcing banking and payments services shows no sign of abating. James Wood asks why providers are outsourcing so much, and what’s going to happen next. It seems... read more
16 Dec 21 @ 13:11
The warning lights have been flashing for Europe’s commercial banks in recent years. Numerous studies have noted growing unhappiness from Europe’s Small and Medium Enterprises (SMEs) regarding their banking arrangements.... read more
27 Oct 21 @ 12:13
For years, payments investors focused on consumers’ switch to digital and mobile payments. More recently, investors have shifted to business to business (B2B) payments, where analysts see huge opportunities for... read more
27 Oct 21 @ 12:07
Traditional approaches to cyber-security in payments aren’t working – and the recent huge rise in hacks and fraud proves it. James Wood says it’s time for a radical shift in... read more
24 Aug 21 @ 09:21
For more than a decade, the shift to e-commerce and mobile has brought huge amounts of investment into payments. As further fresh investment rounds are announced, PCM asks whether a... read more
24 Aug 21 @ 09:15
Credit cards are becoming less profitable for banks even as lower-cost alternatives such as buy-now-pay-later schemes and digital wallets with a credit function are emerging. If credit cards are to... read more
24 Aug 21 @ 08:58
Global e-commerce spending grew 28 percent annually to $4.2 trillion in 2020, paving the way for more fraudulent behaviour and more sophisticated fraud such as brand abuse attacks. Backing up... read more
24 Aug 21 @ 06:52
Danske Bank has agreed to merge three digital wallets MobilePay, Vipps and Pivo with respective owners OP Financial Group in Finland and the consortium of banks behind Vipps in Norway.... read more
18 Feb 21 @ 10:34
By now, we all know COVID has floored the accelerator on digital. But what will POS (Point of Sale) look like after the pandemic? Will consumers return to in-store retail... read more
23 Dec 20 @ 12:41
This issue, our lead feature gazes into the crystal ball to tell you what’s going to happen next year across the payments industry (see pages 12-14). One thing’s for sure,... 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