18 Aug 20 @ 11:52

Last week the US House Committee on Financial Services held a virtual hearing about the Digital Dollar or central bank digital currency (CBDC). The event promised to be interesting as... read more

06 Apr 20 @ 12:23

The Digital Dollar Project is a not-for-profit effort in collaboration with Accenture to advance exploration of a United States Central Bank Digital Currency and serve the needs of global financial... read more

06 Aug 19 @ 11:34

Facebook’s launch of a stablecoin named Libra, made with an array of blue-chip partners, has met with a tepid response from industry commentators. However, the announcement confirms blockchain’s real and... read more

04 Jun 19 @ 11:08

Despite legislative moves to enable the digital economy and a ten-year media blitz about the coming cashless society, cash in circulation (CIC) in the world’s economies keeps growing. What’s more,... 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 @ 13:06

Growing numbers of countries are rebuilding their national payments infrastructures (NPI), including the UK, Australia, India, Canada and Singapore. PCM Editor James Wood looks at what’s gone right and wrong,... read more

03 Oct 18 @ 13:32

In recent years, interchange rates have come under increasing pressure from a variety of judicial reviews by the US Federal Reserve, the European Union and individual countries such as Canada,... read more

09 Aug 18 @ 14:34

The mobile POS terminal market is to reach $55 billion by 2024, according to a new research report by the market research and strategy consulting firm, Global Market Insights. The... read more

01 Feb 18 @ 09:56

Reports of the death of cash are greatly exaggerated. Nearly 80 percent of payments across the 19 Eurozone countries are made in cash, according to a recent European Central Bank... read more

01 Feb 18 @ 09:34

The year 2016 marked the second time that multiple Federal Reserve Banks (FR Banks) have surveyed financial institutions about their mobile banking and payment practices and plans. After surveying institutions... read more

03 Aug 17 @ 06:11

1967: Ronald Reagan was inaugurated as governor of California, Elvis Presley married and the UK entered negotiations for membership of the European Economic Community. It was also the year that... read more

23 Nov 16 @ 06:41

Despite all the marketing money spent on promoting electronic payments over many decades, cash still accounts for around 80 percent of consumer payments worldwide. So, is a cashless society a... read more

24 May 16 @ 15:17

Andrew Churchill explores the impact of emerging regulations and security standards on the card and mobile payments industries worldwide. SOMETIMES IT IS difficult enough for the industry to keep up... read more

01 Oct 15 @ 08:15

A decade ago, debit cards had just overtaken credit cards as American consumers’ most commonly used payment method.  Now, there are almost twice the number of debit card transactions in the... read more

30 Jul 15 @ 16:36

General purpose and private label credit, debit and prepaid cards generated $5,165 trillion in sales in the US last year. This was an 8 percent increase on the $4,768 trillion... read more

30 Mar 15 @ 15:29

In a sign of the gradual move into the mainstream of virtual currencies, IBM is rumoured to be considering adopting blockchain technology, the code that supports bitcoin to create a... read more

30 May 14 @ 11:45

The US Federal Reserve has released findings from its annual study of mobile phone use for consumer financial services, including rising usage of smartphones for banking, payments and personal financial... read more

30 May 14 @ 11:17

The US Federal Reserve banks of Boston, Richmond and San Francisco have published data showing that US consumers are using cash more frequently than any other payment instrument, including debit... read more

27 Mar 14 @ 20:31

The European Banking Authority (EBA) is assembling a task force to determine whether virtual currencies should be regulated, following on from its December 2013 warning to consumers of the risks... read more

27 Mar 14 @ 20:17

Following the news earlier this year that JPMorgan Chase would be exiting its US prepaid business, other US banks could soon follow suit if proposed new regulations covering the sector... read more