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Tag: Processing & Systems

BIS and central banks explore cross-border CBDC using DeFi

The BIS Innovation Hub is launching a new project around central bank digital currencies (CBDCs) and Decentralised Finance (DeFi) protocols as part of its...

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Three-quarters of European banks to outsource payments infrastructure

A new study from leading banking and payments infrastructure specialists Tietoevry Banking reveals that almost three-quarters (73.2%) of European banks intend to outsource parts...

Visa, Mastercard and AmEx go big on earnings – Discover down

Its that time again…and its been another stellar quarter for most of the big payments companies even as the rival Big Tech sector has...

The EBA Fraud Taxonomy is now publicly available

To match the speed of instant payments and their increasing adoption throughout Europe, fraud prevention and detection tools not only have to be fast...

BIS Project mBridge CBDC pilot deemed a success

The Bank for International Settlements (BIS) says the six-week Project mBridge pilot to evaluate whether CBDC would be useful for foreign exchange transfers has...

How banks fail to make use of data – and what to do about it

PCM spoke to Andrej Andelic, Business Development Executive at Nets, about what banks are missing out on by not maximising the benefits of customer...

EU set to mandate instant payments in euro zone

A draft European Union rule would demand that euro zone banks in would be required to provide instant payments in the single currency. EU set...

Banks are missing out on a customer payment data goldmine

Nets has launched a new product that helps banks which are currently struggling to collate and interpret customer payment data. Banks are missing out on payment...

Are you balancing your payments business on a house of cards?

A new white paper from Compass Plus Technologies asks a pertinent question often overlooked in discussions around payments business legacy system replacement: in an...

Cheque use drops to all time low – Faster Payments picks up slack

Cheque usage continues to decline for business-to-business (B2B) payments in US and Canada (North America), falling to an all-time low of 33% since AFP (Association...

Payment Processing as a Business – A huge opportunity for Banks

Research conducted by Celent has revealed that, in response to commercial pressures and changing scheme and regulatory requirements, payments processing is transforming from a...

SWIFT paves way for global use of CBDCs and tokenised assets

SWIFT says that it has demonstrated that Central Bank Digital Currencies (CBDCs) and tokenised assets can move seamlessly on existing financial infrastructure – a...

Banks lag behind their corporate clients on blockchain

A new report from leading financial research firm East & Partners in partnership with Payments Cards & mobile, claims banks are lagging far behind...

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