10/17/2022
Digital Wallets Account For 20% of All In-Store Payments In Germany, Highest In EU-5
Germans’ preference for digital wallets is not only limited to online transactions.
Retail Banking
10/17/2022
Deutsche Bank partners Fiserv to launch SME payments and banking solution Vert
The new platform also offers next-day banking-day pay outs, providing merchants with faster access to their funds.
10/17/2022
Clowed9 launches clould-based, decentralised payments platform
The technology behind the platform has been designed and built in-house, with open API’s that neo banks and fintechs can maximise to provide their customers with groundbreaking customer experiences.
10/17/2022
Singaporeans Still Visit ATMs and Branches Despite Using Banking Apps, Survey Says
The survey found that those who frequent ATMs and bank branches are not resistant to adopting mobile banking but in fact have the highest intention to use mobile banking.
10/17/2022
Fintech pushes role of security in digital payments services
Juniper Research estimates that the number of handsets capable of using contactless payments will grow to 24 million by 2026.
10/14/2022
Sustaining digital payments growth: Winning models in emerging markets
Globally, between 2018 and 2021, the number of noncash retail payment transactions have increased
10/13/2022
Deutsche Bank and Fiserv launch Vert, Germany’s newest payments company
Vert also provides next-banking-day pay-outs, providing merchants with faster access to their funds.
10/13/2022
GoHenry raises $55m for European expansion
The firm says a pandemic-inspired shift away from cash helped it to double revenue to $42 million last year.
10/12/2022
PayPal rolls out Zettle POS terminal in the US
The pricing for Terminal starts at $199, with additional features available for purchase.
10/12/2022
Deutsche Bank and Fiserv launch combined payments and banking joint venture
The joint venture will also offer services to non-Deutsche Bank-clients and is expected to employ a low triple-digit workforce.
10/12/2022
Gaining the upper hand with real-time data
Financial organisations should make the most of a cloud-based infrastructure by using analytics to personalise products and offers at point of sale
10/12/2022
iGTB Pledges to Redefine Commercial Banking With Consumerisation
Having the right kind of technology architecture to address this is key.
10/11/2022
FSB outlines next steps for enhancing cross-border payments
The initial work on the Roadmap in 2021 and 2022 has focused on laying the foundations, through the necessary stocktakes and analyses.
10/11/2022
Citi to Launch 24/7 Clearing in Q4 2022
This new service is designed to enable Citi’s clients to make USD payments across Citi’s 1,500 financial institution customers globally 24 hours a day
10/11/2022
Is Goldman Sachs ready to pull the rug on Marcus?
Checking accounts will now be offered only to select high net worth customers as well as to employees at corporate partners instead of to the mass market.
10/10/2022
Ageless and scandal-proof: Chinese tech groups bank on virtual influencers
Computer-generated avatars are a safer option as Beijing cracks down on human celebrities
10/07/2022
EBA Clearing, Swift and TCH to pilot faster cross-border payments between Europe and the US
EBA CLEARING, TCH and SWIFT have been working to move from a successful proof of concept to the design and development of a live IXB service.
10/06/2022
MyCash and Mastercard partner: Jamaica, Haiti cashless, B'dos in talks
The solution is to help the unbanked, underbanked and vulnerable
10/06/2022
MoneyGram invests in UAE-based startup Jingle Pay
The partnership means that these people can use the Jingle Pay app - powered by MoneyGram's global payment rails and near real-time capabilities - to send money to over 200 countries and territories around the world.
10/06/2022
SWIFT joins race for the future of money with central bank digital currency blueprint
SWIFT has thrown down the gauntlet at traditional financial and crypto-native issuers seeking to build CBDC infrastructure.