09 Nov 21 @ 11:19

By embracing digital transformation, rethinking their business models and following the innovative strategies of digital-only banking and financial services new entrants, traditional banks could boost revenues by nearly 4% annually.... read more

08 Nov 21 @ 11:27

Global corporates move nearly $23.5 trillion across countries annually, equivalent to about 25% of global GDP. To do this, they have to rely on wholesale cross-border payment processes which remain... read more

05 Nov 21 @ 16:56

The year is 2030. It is a sunny summer morning and you are just finishing a relaxing breakfast together with your family. The doorbell rings for a delivery of several... read more

04 Nov 21 @ 17:40

A new study found that the value of global payment transactions facilitated by Open Banking will exceed $116 billion in 2026, from just under $4 billion in 2021. This extraordinary... read more

04 Nov 21 @ 11:19

Many consultants and analysts have been critical of major retail banks’ performance during the digital revolution. Noting the rise of “digital native” banks built for mobile and internet banking, analysts... read more

03 Nov 21 @ 10:29

A proactive and forward-thinking e-commerce business can get ahead by using data for fraud prevention and chargebacks. Online transactions surged in the last year. Ninety-seven percent of CEOs know that... read more

02 Nov 21 @ 17:23

Digital wallets are expanding their functionality and credit cards are going to have to evolve to compete. As digitisation gathers pace, mobile devices with digital wallets linked directly to bank... read more

02 Nov 21 @ 13:19

A new report, The European Payments Landscape in 2030: Implants, embedded ethics and a ‘post-payments’ world, examines the potential issues and innovations that may emerge in the next decade of... read more

02 Nov 21 @ 12:41

E-commerce fraud attack rates have declined 36% in the past 12 months, whilst 3DS transactions have grown more than 600% across the same period, led by uptake of the new... read more

20 Oct 21 @ 16:29

According to newly published research, UK consumers are taking out more cash when they visit ATMs, with the average amount climbing more than £10 to just under £80 in the... read more

18 Oct 21 @ 11:46

SumUp has acquired Fivestars, a marketing start-up, in a bid to expand its reach across the US and take on rivals like PayPal and Square. The company says it is buying Fivestars for... read more

15 Oct 21 @ 08:51

Cypherium and Boston Consulting Group (BCG) have released a joint white paper finding that banks should potentially embrace crypto payments amid the emergence of Central Bank Digital Currencies (CBDCs) and... read more

14 Oct 21 @ 10:34

Over the past decade, core payments processing has become commoditised, squeezing the margins of merchant acquirers. Their future growth is likely to come from providing merchants with value-added services and... read more

13 Oct 21 @ 10:14

Payments are entering a new experience-driven era (Payments 4.X), ushered in by an accelerated transformation timeline due to COVID-19 and the growing digital appetite of customers, according to the World Payments... read more

13 Oct 21 @ 08:46

Paytech processing provider Radar Payments has launched a standalone service for tipping and gratuity that can be deployed by financial institutions to help reward hospitality staff and other workers for their... read more

12 Oct 21 @ 08:10

The Hong Kong Monetary Authority (HKMA) has recently published a technical whitepaper on retail central bank digital currency (CBDC), becoming one of the 82 countries now exploring the move to... read more

12 Oct 21 @ 08:00

The latest study from Banking Circle has revealed the new challenges faced by CIOs and CTOs working in Banks and FinTechs. The insight from the Payments bank for the new... read more

11 Oct 21 @ 09:04

The enforcement deadline for Strong Customer Authentication (SCA) has passed for most European countries and the latest data from the CMSPI Failure Rate Tracker for August 2021 suggests a European... read more

11 Oct 21 @ 08:45

Global cross-border payment flows are expected to reach $156 trillion in 2022. This trillion-dollar cross-border payments market is being shaken up by a rush of new entrants that promise to... read more

08 Oct 21 @ 12:06

The pandemic affected business as usual in all sectors. But in the payments industry, business hasn’t been usual for years. So, when lockdowns, supply chain interruptions, and economic uncertainty consumed... read more