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Only 9% of the world’s top tier banks are effectively monetising payments data
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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PEPSI: A European payment system to rival Visa and Mastercard?
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
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Visa acquires stake in Nigeria’s Interswitch
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
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Report: Payment services for SMEs – Jump-starting digital payment services
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
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Consumer purchase volume send Mastercard beyond results expectations
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
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