19 Oct 20 @ 03:42
Investors and intermediaries are flocking to Latin America, lured by high growth rates in everything from e-commerce to mobile wallets. But stubbornly high cash use, a low banked population and... read more
19 Oct 20 @ 03:09
Central bank digital currencies (CBDC) are receiving more attention than ever before. Yet the motivations for issuance vary across countries, as do the policy approaches and technical designs. A new... read more
13 Feb 20 @ 09:36
Fraud has been a problem since coins were introduced more than two thousand years ago. In today’s digital age, the problem won’t go away – indeed, it’s getting worse despite... read more
18 Dec 19 @ 15:52
McKinsey’s Global Payments Report 2019 has reported double-digit growth for the global payments industry – but cautions that these growth rates should be no cause for complacency, especially for long-established... read more
18 Dec 19 @ 15:34
Wells Fargo says it will pilot an internal settlement service, Wells Fargo Digital Cash, which will run on its first distributed ledger technology (DLT) platform. Wells Fargo Digital Cash will... read more
14 Oct 19 @ 08:38
It’s neither a cryptocurrency, nor does it run on blockchain. Aside from these minor points, US and European banks are steering clear of Libra, Facebook’s project for a new cryptocurrency.... read more
13 Oct 19 @ 14:07
Wells Fargo says it will pilot an internal settlement service, Wells Fargo Digital Cash, which will run on its first distributed ledger technology (DLT) platform. Wells Fargo Digital Cash will... read more
13 Oct 19 @ 14:06
Mastercard has reported strong growth in its core business in Q2 2019, at a time when the network continues its push for contactless cards and development of the new Secure... read more
06 Aug 19 @ 12:17
The rise of digital payments is one reason why some analysts predict heavy weather for the major card networks. Others include tighter regulation, possible disintermediation through open banking innovations, creaking... read more
08 Apr 19 @ 14:33
The European Commission (EC) is considering implementing new regulations to support and accelerate the adoption of the TARGET Instant Payments Settlement System (TIPS) in an effort to challenge the dominance... read more
08 Apr 19 @ 14:25
The SEPA Proxy Lookup (SPL) service, a new service that creates secure interoperability between existing mobile P2P payments services, has launched. The SPL service is ready to be used, and... read more
06 Feb 19 @ 05:28
Visa Inc is to pay £198 million to buy Earthport Plc, a British firm that facilitates international payments transactions for banks and businesses. Visa International Service Association, a unit of... read more
06 Feb 19 @ 05:07
A range of pressures are bearing down on acquiring and processing businesses, including the emergence of new technologies such as faster payments and blockchain solutions – not to mention increasing... read more
27 Nov 18 @ 11:48
The World Payments Report 2018 from Capgemini and BNP Paribas predicts non-cash transactions will accelerate over the next five years to reach a compound annual growth rate (CAGR) of 12.7... read more
27 Nov 18 @ 11:46
New research from sharespost.com describes the global payments industry as a business opportunity worth $110 trillion, including domestic non-cash payments ($55 trillion), cross-border payments ($25 trillion), retail payments ($25 trillion)... read more
27 Nov 18 @ 11:41
Speaking at the recent Money2020 conference in Las Vegas, a number of industry experts predicted that public concern over recent data security breaches and rising fraud on existing payment systems... read more
09 Aug 18 @ 14:44
Remittances to low and middle-income countries rebounded to a record level in 2017 after two consecutive years of decline. The World Bank estimates that officially recorded remittance to low- and... read more
09 Aug 18 @ 13:55
Ripple has announced aggregated and averaged results from several early xRapid pilots. xRapid is Ripple’s on-demand liquidity solution which uses the digital asset XRP for more efficient cross-border transactions between... read more
01 Jun 18 @ 10:25
Previously existing only on the fringes of finance or computer science, cryptocurrencies are now being discussed more widely. In the future, banks may not be the only ones making money... read more
01 Feb 18 @ 11:21
While P2P and P2B payment markets are undoubtedly huge, financial services incumbents and new entrants are also targeting the much larger B2B opportunity. B2B payments have traditionally been complex, time-consuming,... read more
05 Aug 26 @ 16:37
Visa has agreed to acquire Israeli behavioural biometrics specialist BioCatch in a $2.4 billion all-cash transaction, marking one of the payments giant's larges... more
05 Aug 26 @ 16:36
Fiserv and Mastercard have strengthened their long-standing partnership with a new global agreement designed to simplify payment acceptance for enterprise merch... more
13 Aug 26 @ 15:19
Royal Bank of Canada and Bank of Montreal have agreed to sell their jointly owned payments processor Moneris to private equity group Francisco Partners in a C$2... more