25 Nov 20 @ 12:53

Payments and accounts services are at the core of banks’ offering to customers. They contributed about a third of European banks’ total revenues in 2019, and represent banks’ leading source... read more

24 Nov 20 @ 16:53

Deutsche Bank is reported to be in the market actively looking for acquisitions and joint ventures to help Germany’s largest lender hit its goal of becoming a major force in... read more

23 Nov 20 @ 15:29

External attacks on companies result in the most expensive cyber crime insurance losses, but it is employee mistakes and technical problems that are the most frequent generator of claims by... read more

20 Nov 20 @ 12:05

A new report, ‘Follow the Money’, describes the complex web of money laundering, money mules, front companies and cryptocurrencies that criminals use to siphon funds from the financial system after... read more

19 Nov 20 @ 13:16

FinTech and Payments (PayTech) has been an investor focus for years. And while many FinTech payments ventures have seen big successes, we’ve only just begun. In this article, Payments Cards... read more

18 Nov 20 @ 17:32

An international study of over 1,000 senior professionals in the banking, lending, PFM, investment, and retail sectors has revealed that two thirds (66%) of retailers using Open Banking are already... read more

18 Nov 20 @ 10:10

Since the launch of the SEPA Instant Credit Transfer Scheme (SCT Inst) in 2017, major European banks such as BNP Paribas have supported instant payments for domestic cases. Some of... read more

11 Nov 20 @ 17:23

The e-commerce and digital payment industries in the Middle East & North Africa, Pakistan (MENAP) region are set for major growth in 2021, with nearly half of consumers likely to... read more

10 Nov 20 @ 09:28

While businesses worldwide have started to see their operations stabilise, they will be tested once again as higher expectations of the digital experience are on the rise. According to Experian’s... read more

10 Nov 20 @ 09:00

COVID-19 has catalysed financial services organizations to harness Artificial Intelligence (AI) to improve customer experience (CX); however, challenges in integration and customer perceptions are undermining its potential. Financial services firms’ implementation... read more

06 Nov 20 @ 10:28

Whilst the focus is always on the FinTech party eating the incumbent lunch, HSBC has struck back in the money transfer battle by launching Global Money Account, its own fee-free international... read more

04 Nov 20 @ 14:05

Following on from yesterdays post looking at payments revenue growth estimates in Europe and North America, PCM now reviews BCG’s Global Payments 2020 impact of COVID-19, modelling three scenarios for... read more

04 Nov 20 @ 12:39

Two major technology firms have further consolidated their position in China’s mobile payments market as the ongoing pandemic accelerates the consumer shift toward digital platforms. Ant Group, who’s plans to... read more

03 Nov 20 @ 16:36

In an earlier review of the Global Payments 2020 PCM looked at the impact of COVID-19, modelling three scenarios for payments revenue growth estimates. In the next two posts PCM... read more

03 Nov 20 @ 13:54

According to news reports, Ant Group’s $37 billion IPO is to be forcibly withheld by The Shanghai Stock Exchange, after four Chinese regulators summoned Jack Ma and other Ant executives... read more

21 Oct 20 @ 11:20

Over the last couple of days there have been numerous reports around extravagant card scheme fees paid to the major payment networks, retailers had to spend more than £1 billion... read more

20 Oct 20 @ 10:12

A leak from the US treasury department’s Financial Crimes Enforcement Network (FinCen) in September showed that even the biggest, most globally respected banks appeared to be allowing money laundering to... read more

15 Oct 20 @ 13:26

European banking has been a hotbed of innovation in recent years, as Open Banking regulations, new cloud technologies, and almost universal adoption of smartphones have paved the way for a... read more

15 Oct 20 @ 09:00

New research suggests that the UK’s largest retail banking brands’ ascendency in the savings account market could be under threat. According to the report by Deposit Solutions, a fifth (20%)... read more

14 Oct 20 @ 08:23

The influential Financial Stability Board (FSB) has published the final version of its high-level recommendations for the regulation, supervision and oversight of Global Stablecoin (GSC) arrangements following an earlier public consultation.... read more