The EU and the UK need to collaborate to prevent interchange fee hike
Visa and Mastercard are taking advantage of the UK leaving the EU to increase their interchange fees. The only way to stop the hike would be through cooperation between the…
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Tough regulations are coming for the cryptocurrencies sector
Tough regulations are to be expected in the cryptocurrency market, as countries will restrict access…
Mir payment service is rapidly eroding Mastercard and Visa duopoly
The launch of the Mir payment service in Russia managed to break Mastercard’s and Visa’s long-established duopoly in the debit…
Cryptocurrencies: The three new parameters that threaten their potential
The recent turmoil of Bitcoin and other cryptocurrencies has sparked another debate on their potential. This time, it is the…
Is Elon Musk playing us all?
To quote Kanye West “No one man should have all that power”. Recent events suggest that Elon Musk now does…
Biometric cards unlikely to take off due to growth of digital wallets
Biometric cards represent the next generation of contactless card payments, but with the growing adoption of non-card-based digital payments, it…
European Payments Initiative could fail due to its lack of a clear plan
In 2020 a group of banks – with the support of the European Commission – decided to collaborate to develop a European payments system. The European Payments Initiative (EPI) is…
Will stablecoins answer crypto’s payment problem?
In the past 12 months, cryptocurrencies have taken off (to the moon!). They have moved into the mainstream, prompting major banks like Citi to open crypto trading desks, and leading…
Switzerland is a global leader in blockchain adoption
Switzerland is one of the top global markets in terms of blockchain and cryptocurrency development, according to GlobalData’s Cryptocurrency Index, but the likes of China, South Korea, and Sweden are…
JP Morgan is betting on the future of blockchain
JP Morgan’s success in developing its own blockchain network will determine its future in the banking sector. JP Morgan is furthering its foray into blockchain technology with the announcement that…
In-store BNPL boom suggests more competition for credit card applications
Buy Now, Pay Later (BNPL) firms across the globe have been increasing their partnerships with merchants to give customers the choice of spreading their online shopping costs. Online sales through…
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