27 Oct 21 @ 11:25
M-Pesa has reached 50 million monthly active customers, cementing its position as Africa’s largest FinTech platform – an amazing feat on the continent. Launched more than 14 years ago in... read more
18 Feb 21 @ 11:19
Nearly six billion calls were made from fintech APIs to bank servers in the UK in 2020, and more than four million open banking payments were completed. Figures from the... 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
23 Dec 20 @ 11:57
As consumers demand faster, smoother digital transactions and fraud rockets, the hunt for a workable online Know Your Customer (KYC) solution is top of the industry’s agenda. James Wood looks... read more
18 Aug 20 @ 12:14
With a young population and some of the highest economic growth rates in the world, investors are flocking to African payments in search of the same returns seen in Asia... read more
18 Aug 20 @ 12:08
Major venture capital firms have invested heavily in new FinTech solutions that promise faster, cheaper international transaction clearing and settlement. But significant challenges remain before faster payments go global. PCM... read more
17 Aug 20 @ 15:30
Western Union is reported to have made an offer to acquire MoneyGram in a transaction that would bring together the two largest money-transfer service providers in the US. Western Union... read more
06 Apr 20 @ 12:23
The Celo Foundation, which not only appears to be similar to Facebook’s Libra project but in direct competition, has unveiled 50 members for its ‘Alliance for Prosperity’. Celo has a... read more
18 Dec 19 @ 15:45
On the face of it, all’s well in payments. Big firms are posting huge profits and experts forecast growth aplenty in the next decade. But growing numbers of companies complain... read more
11 Oct 19 @ 09:32
Ahead of Money 2020 USA, James Wood asks to what extent are new payment technologies like voice and face mere hype – or a vision of the future? And what’s... read more
03 Jun 19 @ 14:50
WhatsApp is rumoured to be developing a cryptocurrency wallet service, created by Wuabit, which allows users to make payments via Bitcoin along with other major digital currencies. The new service... read more
06 Feb 19 @ 05:12
Blockchain has been called the most over-hyped innovation in the world today, with the hysteria surrounding it sometimes compared to the infamous “dot.com” bubble of 1999-2000. PCM Editor James Wood... 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 @ 11:46
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 @ 11:19
Unified Payments Interface (UPI), a system which allows for instant bank-to-bank fund transfers is gradually taking the lead over the vibrant mobile wallet market in India. A large chunk of... read more
01 Feb 18 @ 11:15
November 2017 saw the launch of instant payment systems in the US and Europe. PCM looks at the barriers and enablers to real-time payments, and how organisations can position themselves... read more
24 Nov 17 @ 14:17
Digital payments are growing rapidly in Asia, fuelled by increasing smartphone ownership and growing access to the internet. An increasing array of solutions such as digital wallets, mobile payment apps... read more
24 Nov 17 @ 13:58
Visa and Billtrust have agreed a strategic partnership to simplify B2B virtual card acceptance. The tie-up is designed to help streamline the reconciliation of B2B payments and increase automation of... read more
12 Oct 17 @ 14:38
Post office organisations are the ultimate hybrid businesses, combining retail and financial services. With an enviable branch and logistics network at the heart of many communities, financial services via the... read more
06 Apr 17 @ 16:14
On the centenary of the Russian Revolution, we examine payments in the world’s largest country. How do Russians pay today? And given the state bank dynamic, a new domestic card... read more
30 Jun 26 @ 07:05
Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more
06 Jul 26 @ 20:34
European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and m... more
07 Jul 26 @ 19:13
Visa has unveiled a new cybersecurity platform designed to help financial institutions identify threats before they develop into fraud, while simultaneously rev... more