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Blockchain, CBDCs, cross-border, Cryptocurrency, Daily news, Distributed Ledger Technologies (DLT), E-Money, Mobile Remittance, Processing & Systems, Real-Time Payments, Remittance, stablecoins, Trade finance -

A new report from leading financial research firm East & Partners in partnership with Payments Cards & mobile, claims banks are lagging far behind their clients’ expectations when it comes... read more

The post Banks lag behind their corporate clients on blockchain appeared first on Payments Cards & Mobile.

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Daily news, E-Commerce, E-Money, Issuing & Acquiring, M-Commerce, MIR, POS Terminals, Regulation, Russia sanction -

The US has been applying considerable pressure on countries it sees as helping Russia evade the sanctions placed on it due to its invasion of Ukraine. This week, three Turkish... read more

The post Turkish banks forced to drop Mir as US sanctions pressure grows appeared first on Payments Cards & Mobile.

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Daily news, E-Money, Payments News, Remittance, Risk & Compliance -

Citibank has been told it is entitled to recoup $500 million that it accidentally wired Revlon, a US appeals court has announced. Reversing a lower court ruling, the 2nd U.S. Circuit... read more

The post Citibank has lucky escape over $500 million transfer as Judge overturns ruling appeared first on Payments Cards & Mobile.

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Blockchain, Central bank digital currencies (CBDC), Cryptocurrency, Daily news, digital Euro, E-Money, Issuing & Acquiring -

The European Central Bank (ECB) has announced the list of collaborators  they will contract with to develop potential user interfaces for the digital euro. The aim of this prototyping exercise... read more

The post ECB selects companies for prototyping of digital euro appeared first on Payments Cards & Mobile.

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Daily news, Digital banking, E-Money, FinTech, Mobile Banking, Mobile payments, Mobile Remittance, Mobile Wallet, Open Banking -

UK consumers are significantly ahead of their European counterparts in their embrace of digital banking, new data shows. The research, commissioned by Europe’s leading provider of consumer and business credit... read more

The post UK embraces digital banking – Europe still trailing behind appeared first on Payments Cards & Mobile.

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