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World Payments Report 2020: COVID-19 drives transformation
The latest version of the World Payments Report has been released today, payment firms are being pushed rapidly into transformation, even as they handle larger transaction volumes, face increased competition... more
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SWIFT sets sights on new service for low value cross-border payments
SWIFT says it has a new service to help banks improve the experience for small and medium-sized enterprises (SMEs) and consumers who send low-value payments across borders. SWIFT is working... more
The post SWIFT sets sights on new service for low value cross-border payments appeared first on Payments Cards & Mobile.
Europe leads instant payments evolution – $18 trillion predicted by 2025
A new piece of research has found that the value of instant payments, where transactions are completed within ten seconds, will reach $18 trillion by 2025, up from $3 trillion... more
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Amazon silent unbundling attack of the financial services market
If you mentioned that Amazon was trying to take a foothold in the financial services and payments market, not many would be surprised. But what if you explained how deep... more
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EC approves Mastercard acquisition of Nets subject to conditions
The European Commission announced it will approve, under the EU Merger Regulation, the proposed acquisition of Nets’ account-to-account payment business by Mastercard. The decision is conditional on the transfer of... more
The post EC approves Mastercard acquisition of Nets subject to conditions appeared first on Payments Cards & Mobile.