28 Apr 21 @ 15:49
While most of the world can’t travel across borders just yet, we can certainly shop across them. Data shows that almost 24% of e-commerce purchases in Europe are international. As... read more
15 Apr 21 @ 16:27
As Covid-19 kept consumers around the world at home, nearly everything from groceries to gardening supplies was purchased through e-commerce channels. According to Mastercard’s latest Recovery Insights report, this amounted... read more
12 Mar 21 @ 09:08
Two years since its launch, Belgian instant payments are making real inroads in the country. Today, 20 banks process instant transfers, accounting for 95% of all current accounts in the... read more
23 Feb 21 @ 17:00
Throughout history, innovations in money have challenged and altered the structure of the financial system, but perhaps non more so than the concept of a digital euro. Time and time... read more
22 Feb 21 @ 15:15
Banking Circle has identified an issue affecting some financial institutions handling cross border transactions from the UK to the EU. It seems Brexit has caused a number of EU banks... read more
08 Feb 21 @ 16:10
PayPal has been driven by market forces to close down its payment operations in India. Instead, it will scale up its existing cross-border business for small enterprises, to gain a... read more
02 Dec 20 @ 11:10
Following the launch of USD collections for Amazon in the US, Canada and Mexico earlier this year, financial infrastructure provider Banking Circle is now providing USD collections for sellers across... read more
30 Nov 20 @ 11:15
These days, the average consumer has multiple cards weighing down their pockets, from debit and credit cards, loyalty schemes, contactless public transport tickets, IDs, healthcare cards and more. This seems... read more
09 Nov 20 @ 17:18
The Single Euro Payments Area (SEPA) initiative has been a key enabler for the integration of the retail payments market in the European Union: the development of Credit Transfer (SCT) and Direct... read more
06 Nov 20 @ 10:28
Whilst the focus is always on the FinTech party eating the incumbent lunch, HSBC has struck back in the money transfer battle by launching Global Money Account, its own fee-free international... read more
20 Oct 20 @ 10:12
A leak from the US treasury department’s Financial Crimes Enforcement Network (FinCen) in September showed that even the biggest, most globally respected banks appeared to be allowing money laundering to... read more
14 Oct 20 @ 08:23
The influential Financial Stability Board (FSB) has published the final version of its high-level recommendations for the regulation, supervision and oversight of Global Stablecoin (GSC) arrangements following an earlier public consultation.... read more
28 Sep 20 @ 14:31
Last year the European Central Bank said that it welcomed the European Payments Initiative (EPI), an initiative by some of Europe’s top banks to explore the development of a “rival... read more
11 Sep 20 @ 12:08
For those less familiar, the Electronic Identification, Authentication and Trust Services, or the eIDAS system as it is more commonly known, came into effect on 1st July 2016, with Regulation (EU) 910/2014 on electronic identification... read more
10 Sep 20 @ 15:29
Financial infrastructure provider, Banking Circle, is tackling the compliance and reconciliation issues often faced in global B2B payments with its new Payments on Behalf of (POBO) and Collections on Behalf... read more
17 Aug 20 @ 10:37
Facebook has revealed that it has set up a new business unit to address payments and commerce opportunities. David Marcus, a former PayPal President and co-creator of the Libra cryptocurrency... read more
13 Aug 20 @ 13:14
Ripple has created one of the most valuable cryptocurrencies. Its digital tokens, known as XRP, have a total value of almost $30 billion, behind only bitcoin and Ether. But, eight... read more
14 Jul 20 @ 14:53
Invisible payments have already had a massive impact on the physical and online retail experience, and could have the potential to eradicate cash and payment cards from the payment journey.... read more
03 Jul 20 @ 13:08
To remain competitive and optimise customer satisfaction, application leaders responsible for digital commerce must anticipate the future of consumer payments. Payments have the potential to be entirely cashless, but may... read more
22 Jun 20 @ 12:18
VODACOM’s mobile money platform, M-Pesa now enables customers to receive money from over 200 countries across the world directly into their M-Pesa wallet. Speaking in Dar es Salaam during an... read more
27 Sep 26 @ 18:53
Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more
27 Sep 26 @ 18:52
Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more
20 Oct 26 @ 09:06
Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more