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Large-value payment system EURO1 successfully migrates to ISO 20022
EBA CLEARING says its systemically important payment system EURO1 has successfully migrated to ISO 20022. The RTGS-equivalent payment infrastructure closed its first business day operating on the new message standard.... read more
The post Large-value payment system EURO1 successfully migrates to ISO 20022 appeared first on Payments Cards & Mobile.
NAB gets competitive with AUDN stablecoin pilot
National Australia Bank (NAB) appears to be going head to head with its own Central Bank in a race to launch its own stablecoin AUDN. Earlier this month, Payments Cards... read more
The post NAB gets competitive with AUDN stablecoin pilot appeared first on Payments Cards & Mobile.
Motive Partners front of queue for ACI Worldwide purchase
Rumours are flying that ACI Worldwide is being reviewed for purchase by the FinTech strong private equity firm Motive Partners. Motive has been seeking financing in recent weeks for a... read more
The post Motive Partners front of queue for ACI Worldwide purchase appeared first on Payments Cards & Mobile.
Visa and Mastercard $5.6 billion interchange settlement upheld
In a blow to the two biggest networks in payments, the $5.6 billion antitrust class-action settlement, in which more than 12 million retailers have accused Visa and Mastercard of improperly... read more
The post Visa and Mastercard $5.6 billion interchange settlement upheld appeared first on Payments Cards & Mobile.
CBDC transactions to exceed $213 billion by 2030 globally
A new study has found the value of payments via CBDCs (Central Bank Digital Currencies) will reach $213 billion annually by 2030; up from just $100 million in 2023. This... read more
The post CBDC transactions to exceed $213 billion by 2030 globally appeared first on Payments Cards & Mobile.
