Payment cards cost way too much and it’s getting worse (up 5%-16% in 2019)
The BRC and other UK trade bodies are calling for action to tackle excessive card costs
Collecting Payments via Mobile
Background
There are already some 6.8 billion mobile phone subscriptions in the world (as of February 2014) and 2.6 billion are smart phones. It's a very fast-growing market: the number of smart phones…
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Mastercard launches central bank digital currencies testing platform
The virtual platform allows central banks to evaluate use cases and test roll-out strategies for CBDCs by simulating a CBDC ecosystem.
Central Bank Digital Currencies are definitely coming but when?
Central banks are experimenting, and DC will come. But will they make a difference to your cash and liquidity management
Thomson Reuters vital role in helping fighting COVID-19
Thomson Reuters Regulatory Index comes into its own
CTMcast - 19 March 2020: Review of key recent posts and more on Coronavirus crisis
Jack and Ben reviewed last week’s stories and the current COVID-19 crisis
Digital wallets to represent half of global eCommerce sales by 2023
The fifth annual Worldpay Global Payments Report suggests the global eCommerce market will increase 53% by 2023, to US$5.9 trillion.
Standard Chartered and Assembly Payments create e-commerce joint venture
The new joint venture will be headquartered in Singapore.
CTMcast - 13 February 2020 : Review of key recent posts
Jack and Ben were joined on this CTMcast by Bruce Lynn, Managing Partner, The Financial Executives Consulting Group
Minimising card system costs: don’t accept charging structures and fight for alternatives
BRC/UK retailers, the authorities in Australia and NatWest Payit service show how
CTMcast - 3 January 2020: The year to come
Jack and Ben Poole discuss what is likely to happen in 2020 using various forecasts from around the world
Citi and PayPal partnership reaches institutional payments
Citi Treasury and Trade Solutions now enables payments into PayPal digital wallets.
International digital money transfer transactions to reach 2 billion by 2024
The prediction would see volumes almost double in the next five years.
Payments facility promises closer ties for Singapore companies and their Chinese suppliers
Faster payments for goods and services purchased between Singapore and China on the cards.
Instant payments demystified - part 3: Instant payments for an interactive customer experience
by Daniel Otto-Schleicher, Analyst, Instant Payments Product Management, Deutsche Bank
Implementing APIs in Instant Payments
2.07bn to use mobile wallets in 2019
GATE’s Mobile Wallet Trends Annual Report shows 30% growth from 2017
Line Corp plans move into fintech and payment services
The messaging app wants to ride the wave as Japan accelerates its drive to double cashless payments by 2025.
MAS to embrace blockchain for international payments
Singapore’s central bank has confirmed its commitment to using the new technology under ‘Project Ubin’.
C2FO partners with India’s Kotak on working capital management solution
The bank says the partnership with C2FO will meet the increased working capital needs of Indian businesses.
EU seeking accelerated adoption of TIPS
The European Commission wants more banks to adopt its TARGET instant payment settlement system.
HSBC targets Hong Kong businesses with PayMe
The moble payment app, launched by the bank in Hong Kong two years ago, is being extended to local businesses.
How to minimise payment card charges: don’t use them
Adyen’s Open Banking new service opens door to lower charges and more efficiency and lower fraud risks
Online is main channel for Black Friday purchases
Online is the shopping channel of choice for consumers during the US holiday weekend, but retailers could stand to lose out
How corporate treasurers can make the most of the API economy
by Shahrokh Moinian, Managing Director, Global Head of Cash Products, Deutsche Bank
Deutsche Bank’s Global Head of Cash Products, Cash Management, Shahrokh Moinian, discusses how vital APIs will be in developmnt of PSD2
Payments cards are thriving despite banks and card companies
Merchant fees still a problem; UnionPay is world’s largest; Norway highest user/capita