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
21 Oct 20 @ 11:20
Over the last couple of days there have been numerous reports around extravagant card scheme fees paid to the major payment networks, retailers had to spend more than £1 billion... read more
12 Oct 20 @ 09:39
In a recent statement, EuroCommerce – the European retailers’ association – has welcomed the EU’s retail payments strategy (RPS) and plans for European banks to collaborate in a European Payments... read more
09 Oct 20 @ 16:06
New research shows that spending on payment cards continues to grow strongly, expenditure rose by 13% to reach $35 trillion in 2019. There were a number of factors driving this... read more
25 Sep 20 @ 12:40
The European Commission has adopted a new Digital Finance Package, including Digital Finance and Retail Payments Strategies, and legislative proposals on crypto-assets and digital resilience. The package aims to boost... read more
14 Aug 20 @ 11:18
Cards only carrying domestic payment card schemes branding accounted for 12% of all payment cards worldwide in 2018. This sector has strong growth potential, with products tailored to local market requirements.... read more
13 Aug 20 @ 10:19
Revolut losses tripled in 2019 as the FinTech blamed rising staff costs more than offset revenue growth, however it argues that it is on track to break even this year... 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
09 Jul 20 @ 13:10
From Egypt and Jordan through to the Gulf, the Middle East has seen a lot of progress in payments. Yet some significant roadblocks remain, including rising fraud, enabling cards for... read more
18 May 20 @ 10:39
EuroCommerce Director-General Christian Verschueren has pressed the European Commission to act on the growing problems facing retailers and wholesalers resulting from the limited scope of the Interchange Fee Regulation (IFR).... read more
20 Apr 20 @ 15:46
It has been rumoured that Google is developing a physical and virtual debit card allowing consumers the flexibility to make payments at places that aren’t equipped with POS terminals. The... read more
23 Mar 20 @ 17:08
I am sure that the entire payments community is looking for some good news! So here we go, the increasing number of mobile phone users and the massive growth of... read more
05 Mar 20 @ 17:00
It’s one of the largest and most diverse regions on the planet. Nearly 2,000 native languages are spoken. Europe, the Middle East, and Africa is a designation that eludes simple... read more
04 Mar 20 @ 16:48
North America has traditionally been a global innovator, consistently at the forefront of payment technology as well as retail and financial services. The region has relied heavily on the stability... read more
03 Mar 20 @ 14:44
FIS has launched its annual Global Payments Report. Over the next few days PCM will bring you highlights broken down into regions with the most interesting analysis and statistics presented... read more
26 Feb 20 @ 11:29
According to new data, the entire mobile wallet market is set to become a $1 trillion worth industry in 2020, growing by a massive 36.5% year-on-year. The strong rising trend... read more
21 Feb 20 @ 16:11
Apple’s mobile wallet is growing very fast and taking a chunk of card payments around the world with it. Apple Pay accounts for about 5% of global card transactions and... read more
11 Feb 20 @ 15:56
Mastercard has announce that it has received in-principle approval from the People’s Bank of China (PBOC) to begin formal preparations to set up a domestic bankcard clearing institution in China.... read more
04 Feb 20 @ 10:14
Independent research conducted for the Digital and Card Payments Yearbooks suggests that account-to-account digital payments may be starting to replace card payments in some of the world’s most advanced payments... read more
22 Jan 20 @ 18:55
2019 was certainly a memorable year for the FinTech industry with the final implementation of the second Payment Service Directive (PSD2) and Strong Customer Authentication (SCA) continuing to set the... 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