Digital wallets eclipsed cash globally at POS for first time during COVID
by Ben Poole
An FIS study also found the global e-commerce market grew 19% to US$4.6 trillion and is expected to grow nearly 60% percent by 2024.
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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Charities and beggars are losing out in UK due to absence of QR codes
by Jack Large
UK needs to adopt general QR code channel to solve charities’ collection problem
Payment systems: cards are only part of the story, you need whole picture locally
by Jack Large
Globally payment cards keep on expanding, but the vital variations are local
On the third day of Christmas the Peter Drucker* Foundation sent to me suggestions on how to:
by Jack Large
Focus and drive an effective and efficient corporate treasury department
Collecting payments: is really about unified commerce NOT just payments
by Jack Large
Make your customers’ journey a pleasure: fit in with how your customers do business AND use all your customer data, THEN focus on reducing costs
Payment cards cost way too much and it’s getting worse (up 5%-16% in 2019)
by Jack Large
The BRC and other UK trade bodies are calling for action to tackle excessive card costs
Mastercard launches central bank digital currencies testing platform
by Ben Poole
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?
by Jack Large
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
by Jack Large
Thomson Reuters Regulatory Index comes into its own
CTMcast - 19 March 2020: Review of key recent posts and more on Coronavirus crisis
by Jack Large
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
by Ben Poole
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
by Ben Poole
The new joint venture will be headquartered in Singapore.
CTMcast - 13 February 2020 : Review of key recent posts
by Jack Large
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
by Jack Large
BRC/UK retailers, the authorities in Australia and NatWest Payit service show how
CTMcast - 3 January 2020: The year to come
by Jack Large
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
by Ben Poole
Citi Treasury and Trade Solutions now enables payments into PayPal digital wallets.
International digital money transfer transactions to reach 2 billion by 2024
by Ben Poole
The prediction would see volumes almost double in the next five years.
Payments facility promises closer ties for Singapore companies and their Chinese suppliers
by Ben Poole
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
by Jack Large
GATE’s Mobile Wallet Trends Annual Report shows 30% growth from 2017
Line Corp plans move into fintech and payment services
by Graham Buck
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
by Graham Buck
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
by Graham Buck
The bank says the partnership with C2FO will meet the increased working capital needs of Indian businesses.
EU seeking accelerated adoption of TIPS
by Graham Buck
The European Commission wants more banks to adopt its TARGET instant payment settlement system.