Michael S. Barr, vice chair for supervision at the Federal Reserve, addressed the increased experimentation with new payment technologies, such as stablecoins and central bank digital...
A flaw in Revolut’s U.S. payment system reportedly let criminals steal more than $20 million. As the Financial Times (FT) reported Sunday (July 9), the thefts occurred over...
Five Turkish banks have adopted Russia’s Mir payments system, a Bloomberg report said Saturday (Aug. 6), quoting Turkish President Recep Tayyip Erdogan after his talk...
Real-time payments continue to gain traction around the world. Case in point: Brazil. The country’s banking system is giving an upgrade to its instant payments...
Russia is partnering with PayXpert to test its national payment system MIR in London, RT.com reported on Wednesday (Nov. 27). The U.K. will be the...
The Mexican central bank and Amazon are in talks to introduce a government-approved mobile payment system, according to reports. The system would involve users paying...
Real-time payments is a goal in Peru, as the automated clearing house there links with Vocalink. Retailers want real-time transactions, too, and SWIFT continues to broaden...
The uptake of faster payment systems keeps going up — and up, and up. In fact, the number of Same Day ACH transactions rose by...
SWIFT says its global payments innovation (gpi) payments test across borders has been a success. Elsewhere, payments system improvement initiatives are underway, notably in the...