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Tag: Processing & Systems

Two more Central Banks announce CBDC intentions

As we know, Central Banks around the world are, for the majority, looking at running pilots or proof of concepts on CBDC. Two more Central...

Web3 and “the merge” what does it mean for the payments industry?

Crypto enthusiasts believe, the switch by the Ethereum blockchain to a new system for validating transactions — a move known as “the merge” —...

Digital ticketing transaction value to reach $1.4 trillion

A new study has found that the global digital ticketing transaction value will reach $1.4 trillion in 2027; up from $768 billion in 2022. Digital...

The Credit Card Competition Act – Breaking Visa and Mastercard dominance in US

Last week, 1,668 retailers and more than 200 trade organisations urged the US Congress to pass the The Credit Card Competition Act, which gives...

Embedded finance transaction value to more than double to $7 trillion

Embedded finance, the integration of value-added financial services into software offerings, is set to redefine how consumers and businesses build and manage relationships with...

The real-time payments revolution sweeps across Europe

The global payments ecosystem continues to morph, with exciting innovations coming online unabated. But for the myriad of new payment tools and channels to...

Central Bank of India commits to digital rupee trial

In February Payments Cards & Mobile reported India’s central bank says it will launch a digital rupee CBDC in the next financial year, according...

EBF response to European Commission’s call for evidence on Open Finance

The European Banking Federation (EBF), which represents 32 national banking associations in Europe, has responded to the European Commission’s Call for Evidence on an...

Faster Payments and Mobile Banking continue stellar growth

Faster Payments and mobile banking remain popular in the UK in 2021, with 86% of all UK adults using at least one form of...

The future of embedded finance – is it easy to deliver?

Embedded finance sounds like a win-win for everyone. A consumer selects a product, clicks on the selection and – thanks to being pre-authorised –...

Feature: R2P – A view of what could be…

Request to Pay (R2P) is a hot industry buzzword. While still in its infancy, Request to Pay promises greater control and faster settlement for...

US financial regulator issues stablecoin expectations to virtual currency industry

The New York State Department of Financial Services (DFS) has issued a new Regulatory Guidance, setting foundational criteria for USD backed stablecoins used by DFS-regulated...

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