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65% of banks struggling with payment profitability
Based on a global survey of senior executives at the world’s top-tier banks, a new report from Aite, reveals that high costs, low margins and increasingly commoditised business models are... more
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The World Payments Report 2019
According to the World Payments Report 2019, which tracks and analyses non-cash transaction volume, regulatory and industry initiatives, and digital transformation across the global payments market, global non-cash transactions are... more
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Report: Banks risk losing $280 billion in payments revenue by 2025
As much as 15% of banks’ global payments revenue, or $280 billion, is likely be displaced by the growth of digital payments and competition from non-banks, as payments become more... more
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Mastercard and R3 partner on blockchain powered cross border payments
R3 and Mastercard have signed a strategic partnership to develop and pilot a new blockchain-enabled cross border payments solution that will initially focus on connecting global faster payments infrastructures, schemes... more
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Independent mobile payment systems in Europe form European Mobile Payment Systems Association (EMPSA)
Seven independent mobile payment systems in Europe have come together to form the European Mobile Payment Systems Association (EMPSA). The EMPSA will hold its headquarters in Zurich, Switzerland, the association... more
The post Independent mobile payment systems in Europe form European Mobile Payment Systems Association (EMPSA) appeared first on Payments Cards & Mobile.
