31 Jan 24 @ 16:56
The Reserve Bank of India (RBI) has imposed restrictions on Paytm, which effectively bars the platform from onboarding new customer, and limiting the ability of current users for sending or... read more
20 Dec 23 @ 13:00
In today’s fast-paced and highly competitive business environment, payments providers face the dual challenge of optimising payment efficiency while creating value for their customers. This heightened attention towards the customer... read more
15 Dec 23 @ 12:08
According to the 2023 version of The Global Payments Report by Worldpay, digital wallets are both the world’s dominant payment method, and its fastest-growing. While debit and credit cards continue... read more
15 Nov 23 @ 12:56
Globally, payments revenues have proved remarkably resilient, overcoming a variety of regional headwinds to grow at rates well above the established long-term trend. Payments revenues grew at 11% in 2022—a... read more
04 Oct 23 @ 11:16
The European Central Bank will start exploratory work for financial market settlement based on distributed ledger technology (DLT) starting in 2024, according to minutes published Thursday. The central bank is looking... read more
15 Sep 23 @ 14:42
Non-cash transaction volumes maintained upward momentum as consumers and businesses adopted digital payment schemes. The World Payment Report 2023 estimates suggest that from 2022 to 2027, non-cash transaction volume growth will... read more
13 Sep 23 @ 16:59
In a new Global Benchmark for Sustainable Banking report it examines the key trends, opportunities and challenges presented by the adoption of key emerging technologies such as cybersecurity technologies, machine... read more
01 Sep 23 @ 16:48
A new study finds that the total value of digital wallets transactions will rise from $9 trillion in 2023 to $16 trillion in 2028, a growth of 77%. This trend is... read more
15 Aug 23 @ 11:26
Bangladesh Bank, the country’s central bank, has decided to launch the nation’s domestic card scheme. By establishing this independent domestic card scheme payment infrastructure, Bangladesh Bank says it is creating... read more
02 May 23 @ 15:42
In a new whitepaper, FYST outlines how Asia-Pacific’s consumers and merchants are the trailblazers for digital payment usage – and the significant shifts we can expect to see as this... read more
07 Mar 23 @ 17:45
A study has found that the number of consumer instant payments, any payment outside of a card network that is capable of receiving funds in 10 seconds or under, will... read more
25 Jan 23 @ 09:51
The Economic and Monetary Affairs Committee, part of the European Parliament, has voted to impose strict restrictions on banks seeking to hold crypto. Banks will have to treat crypto as... read more
23 Nov 22 @ 18:08
Project New Era is a privately led initiative by the Digital Financial Market Infrastructure Consortium (DFMI), evaluating the path towards a retail Central Bank Digital Currency (CBDC) in the UK.... read more
10 Oct 22 @ 13:08
A new report on the recovery of the payments industry suggests the global payments industry demonstrated its resilience again in 2021, more than recouping the revenue erosion experienced in 2020,... read more
13 Jul 22 @ 10:06
The European Union finance ministers has formally approved Croatia becoming the 20th member of the euro common currency at the start of 2023. The European Council, the grouping of 27... read more
29 Sep 21 @ 16:07
Singapore is taking a leading position in the fast growing Faster Payments space, inking two deals with influential neighbours in the space of two weeks. First, the Reserve Bank of... read more
18 Aug 21 @ 12:10
Boku has announced the launch of the M1ST (aka Mobile First), the “world’s largest mobile payments network”. The M1ST Payments Network features an unrivalled 330+ mobile payment methods, including mobile wallets,... read more
13 Aug 21 @ 11:42
In the last eighteen months, even formerly “anti” gurus such as JP Morgan’s Jamie Dimon and Goldman Sachs’ Lloyd Blankfein have changed their tune on cryptocurrency. Having previously described the... read more
10 Aug 21 @ 10:08
In more than 60 countries, including many developing nations, it has become incredibly easy to send funds in real time to someone else over the internet — knowing nothing more than... read more
01 Jun 21 @ 11:56
India’s leading digital payments provider, Paytm, is planning to raise about $3 billion in an initial public offering (IPO) in India later this year, in what would be the country’s... 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