Belgium-based financial messaging services company SWIFT on Tuesday (July 27) announced the launch of SWIFT Go, a service that transmits instant cross-border payments anywhere in the world from a user’s bank account. So far, seven global banks which handle a combined 33 million cross-border transactions...
The People’s Bank of China wants Ant Group and Tencent Holdings Ltd., which operate payment networks Alipay and WeChat Pay, respectively, to help it develop digital yuan, The Wall Street Journal reported, even as the state-backed digital currency could diminish their viability — or wipe...
Lloyds Bank is teaming up with Mastercard to launch PayFrom Bank, a solution that gives people the power to make direct payments to merchants from their bank accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Say what you will about the world of payments and commerce, it’s never boring as every week brings a new slew of issues to the table. And last week was no exception as the great challenger bank disruption started looking away from consumer banking in...
The pace of recovery has been inconsistent worldwide, with widespread vaccinations opening up the doors to life on the outside in places like the U.S., while slow distribution and the rapid spread of the Delta variant is keeping others on lockdown. That unevenness has had...
The last year has seen eCommerce take off in an explosive way across verticals as the entire world has woken up to its many merits. Those who had been holdouts before are finally coming around. It’s a change, CellPoint Digital’s Global Head Of Payments Mark...
Earlier this week, the Reserve Bank of India decided to bar Mastercard Asia/Pacific Pte. Ltd. customers from its network due to non-compliance with local data storage rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Mastercard is rolling out PayPort+, a next-generation real-time payments gateway, powered by Vocalink and technology partner Form3. The new solution offers easy entry into the U.K.’s real-time payments infrastructure for financial institutions (FIs) and payment service providers (PSP). Get the Full Story Complete the form...
As much as consumers are out and about and heading back into stores, Citcon President and COO Wei Jiang told PYMNTS, they’re not the people and customers today as they were in early 2020. Get the Full Story Complete the form to unlock this article...
