13 Sep 23 @ 16:34

Swift has entered a new phase of its breakthrough work on Central Bank Digital Currency (CBDC) interoperability, announcing that three central banks are beta testing its solution for interlinking CBDCs.... read more

11 Sep 23 @ 16:57

The global decentralized finance market was valued at $13.8 billion in 2022, and is projected to reach $497.9 billion by 2032, growing at a CAGR of 43.4% from 2023 to... read more

11 Sep 23 @ 15:00

Serious and organised crime continues to threaten the internal security of the EU says a new report: The Other Side of the Coin: An Analysis of Financial and Economic Crime.... read more

08 Sep 23 @ 15:40

Visa has released the Fall 2023 edition of its Biannual Threats Report which highlights emerging fraud schemes targeting the global economy. This edition showcases a significant rise of phishing schemes... read more

06 Sep 23 @ 16:19

In a significant development, according to Changchun Mu, director of the People’s Bank of China’s Digital Currency Research Institute, China’s CBDC, the digital yuan, is undergoing major upgrades. Mu spoke... read more

05 Sep 23 @ 10:36

The United Kingdom’s Travel Rule obligations have gone live. Furthermore, the Joint Money Laundering Steering Group (JMLSG) has just published its Travel Rule industry guidance, which will provide firms with greater... 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

31 Aug 23 @ 11:33

Swift has released results from a new series of experiments that show its infrastructure can seamlessly facilitate the transfer of tokenised value across multiple public and private blockchains. The findings... read more

30 Aug 23 @ 16:25

In our ongoing quest to get behind the hype, we consider Data Analytics and how much of a benefit this gives banks, service providers and retailers when it comes to... read more

29 Aug 23 @ 16:43

As origination volumes for some credit products slow, analysis finds fraud risk is continuing its upward trajectory as fraudsters employ increasingly sophisticated tactics to target lenders. TransUnion found that synthetic identity... read more

29 Aug 23 @ 15:28

JCB International has launched a new white paper aimed at supporting European merchants to address a common challenge in the e-commerce space: cart abandonment. Merchants who proactively tackle cart abandonment... read more

21 Aug 23 @ 15:14

Open Banking services are taking off world-wide. But questions remain about how some players – especially banks – can make money out of this new era. As Variable Recurring Payments... read more

18 Aug 23 @ 12:46

As Amazon One, Amazon Web Services palm recognition service for identification, payment and loyalty membership, reaches a critical milestone with more than 3 million uses, Whole Foods Market stores are going... read more

16 Aug 23 @ 11:53

As high interest rates push the cost of living crisis into the summer months, research has shown that demand for pawnbroking has hit “record levels” in Britain because of a... read more

14 Aug 23 @ 12:00

The realm of personal finance has undergone a significant transformation in the digital age, thanks to the emergence of innovative financial technology solutions. Among the popular choices are money transfer... read more

14 Aug 23 @ 11:56

With the “wallet wars” being waged over recent months, there has been much talk of virtual wallets becoming a vital part of the payments system. Whether a digital wallet (which... read more

11 Aug 23 @ 09:20

While the threat of a recession had receded somewhat, economic predictions for the UK remain cautious, with predictions for negative growth proving correct. KPMG’s Global Economic Outlook credits this to... read more

28 Jul 23 @ 09:42

The global blockchain market is set to grow $163.83 billion by 2029, up from $7.18 billion in 2022, exhibiting a CAGR of 56.3%. That being said, blockchain is still viewed... read more

18 Jul 23 @ 11:30

Point of Sale (POS) payments have come a long way since the introduction of the first credit card in the 1950s. Today, consumers have a plethora of payment options to... read more

17 Jul 23 @ 12:13

In an earlier article I looked at how card numbers and spending on cards grew well above long-term trends across Europe last year – and why this happened. Hans Sjölund,... read more