China’s super SIM card for digital yuan – Industry roundup: 13 July
by Graham Buck
Borrowing cost gap narrows; RBI promotes digital rupee; Canada hikes rate to 5%; US inflation back at 3%
Card Payments at POS
Background
The use of payment cards is growing faster worldwide than any other major payment system. In many developed countries, by value, payment cards are used for the majority of payments at point of sale…
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IPO market strong in Indonesia – Industry roundup: 11 July
by Graham Buck
Thames Water gains lifeline; Lufthansa signs new partnership with Deutsche; South Korea open to new banks; Argentina inflation to 'ease' to 142%
EU bank plans debut ‘debt-for-nature’ swap – Industry roundup: 22 June
by Graham Buck
Powell indicates Fed plans more rate hikes; Bank hikes UK rates to 5%; Yuan heads lower against the dollar; India to raise US$244m for infrastructure
US Treasury resurrects one-day bills – Industry roundup: 6 June
by Graham Buck
Australia surprises with rate hike; Hong Kong green bonds raise US$6bn; Japan's tourism revival boosts wages; Vote decides future of UK's CBI
Fourteen countries agree new supply chain network – Industry roundup: 30 May
by Graham Buck
Insurers exit climate alliance; OCBC and ADDX in tokenisation initiative; Indosat-Mastercard digital partnership; Honk Kong lifts crypto restrictions
Election uncertainty pushes Turkish lira to record low – Industry roundup: 16 May
by Graham Buck
China opens new Swap Connect prog; Singapore's new anti- crime platform; Thailand's economy buoyant in Q1; Amex closing non-US business FX ops
South Korea to open climate tech hub in 2024 – Industry roundup: 4 May
by Graham Buck
US retailers welcome FedNow; Covid creates need for extra training; Fed hints at easing rate hikes; SocGen warns of credit crunch fallout
AI set to transform supply chain management – Industry roundup: 13 April
by Graham Buck
Canada keeps rates on hold; Renminbi share of trade finance grows; Mastercard adds Cross-Border Services Express; Tranglo expands into Europe
India’s Icegate system snarls up supply chains – Industry roundup: 6 April
by Graham Buck
EU Chips Act set to get go-ahead; UAE's digital currency moves forward; Alibaba restructure divides opinion; Mastercard demands greener plastic
Credit Suisse gets US$54 billion state help – Industry roundup: 16 March
by Graham Buck
Bank of America gain from SVB failure; India "uses SWIFT for Russia dollar trade"; US regulators differ on stablecoin; Binance ends sterling transfers
India in new push for digital payments – Industry roundup: 9 March
by Graham Buck
EU set to launch green subsidy scheme; Turkey raises US$2.25bn in bond deal; Credit Suisse delays 2022 annual report; More UK manufacturers re-shore
Climate change to cost German economy billions, warns report– Industry roundup: 7 March
by Graham Buck
UK challenger banks step up SME loans; Citi expands Paris office; Bybit powers crypto Mastercard in EU, UK; Women-led investment firm launches
China moves to support post- zero Covid recovery – Industry roundup: 16 February
by Graham Buck
CFOs braced for slower growth; Avaya files for bankruptcy again; World Bank chief to step down; Markets “riding US$1 trillion liquidity wave”
Brazil and Argentina propose shared currency – Industry roundup: 24 January
by Graham Buck
Big banks work on Apple Pay rival; Sweden's rare earths discovery; New use cases for China's digital yuan; Pakistan food group plans IPO
India may give Visa and Mastercard access to its payments market – Industry roundup: 19 January
by Graham Buck
Bank of America chief promotes ESG; Deutsche Bank's CNY1bn Panda Bond; Saudi J-v targets strategic minerals; Five evolving cybercrime trends
US survey finds most states pro-cashless – Industry roundup: 1 December
by Graham Buck
Oil price projections for 2023; Wider band for China's yuan likely; Binance re-enters Japan via acquisition; Goldman redeploys London traders to Milan
Indonesia plans OPEC-like cartel for nickel – Industry roundup: 24 November
by Graham Buck
US$1bn ASEAN infrastructure fund launch; Nigerian financial market "inadequate"; Convenience stores target card giants; HSBC: Pound set for 2023 rally
Cash is still king for many Indians – Industry roundup: 8 November
by Graham Buck
NY Fed positive on digital dollar; BIS issues central bank FX survey; PayPal supports Apple's Tap to Pay; SEC outlines proposals for open-end funds
P.E. powerhouses struggle with cash flow – Industry roundup: 21 September
by Monica Zangerle , Writer, CTMfile
Goldman Sachs in Europe, India's all-inclusive payment ecosystem, FedPayments Insights Service.
Recession now expected for Germany in 2023 – Industry roundup: 13 September
by Graham Buck
Bank of England plans energy stress tests; Exchanges’ “growing focus” on ESG; European airlines cut flights; ANZ urged to pressure polluters
All eyes on inflation at Jackson Hole summit – Industry roundup: 25 August
by Graham Buck
Mastercard launches crypto card in Argentina; UK power grid's contingency exercise; Nigeria push for eNaira; Huawei sees survival focus on cash flow
China’s offshore financial hub – Industry roundup: 6 July
by Monica Zangerle , Writer, CTMfile
EU and US embedded finance more than doubled in 2021, ECB to decarbonize its €344 billion corporate bond portfolio.
New payment methods seen as basis for business growth – Industry roundup: 1 June
by Kylene Casanova
Credit Suisse to strengthen capital, Crypto venture capital investment, New payment options for SMEs.
$4.5 billion cryptocurrency fund to leverage declining markets – Industry roundup: 27 May
by Kylene Casanova
Recent reports have indicated that California-based venture capital firm, Andreessen Horowitz, plans to invest billions of dollars in cryptocurrency s