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Only 9% of the world’s top tier banks are effectively monetising payments data. The findings from Aite Group’s report “The Payments Transformation Race: Criteria for Success”, commissioned by Icon Solutions,... more
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Twenty European banks are reported to be working on setting up a pan-European payment system in order to challenge the perceived dominance of Visa and Mastercard as well as technology... more
The post PEPSI: A European payment system to rival Visa and Mastercard? appeared first on Payments Cards & Mobile.
Visa has announced it will acquire a “significant minority” stake in Nigerian payments platform Interswitch. Interswitch did not provide financial details in its statement but media reports indicate that Visa... more
Financial inclusion for SMEs is a hot topic for European governments, financial institutions, banking representatives and small business associations. All recognise that SMEs are a significant part of the region’s... more
The post Report: Payment services for SMEs – Jump-starting digital payment services appeared first on Payments Cards & Mobile.
Consumer purchase volume running through the Mastercard network rose by 14% during Q3 2019, accelerating slightly from Q2, driving revenue and earnings per share past Wall Street’s expectations. Revenue at... more
The post Consumer purchase volume send Mastercard beyond results expectations appeared first on Payments Cards & Mobile.