India and Singapore to link their fast payment systems
The Monetary Authority of Singapore (MAS) and the Reserve Bank of India (RBI) have announced a project to link India’s UPI and Singapore’s PayNow fast payment systems. The linkage, which…
Industry news
Australia mulls new regulations for Apple, Google, WeChat wallets
The Australian government is reportedly planning to introduce new regulations for digital payment services by…
Indonesia, Thailand launch pilot phase of cross-border QR payment link
Indonesia and Thailand have launched a pilot phase of cross-border QR payment linkage between the two countries. Bank Indonesia (BI)…
India unveils contactless digital payments solution e-RUPI
India is set to launch a new cashless and contactless instrument for digital payment called e-RUPI, further accelerating its shift…
Retail bankers plan to invest in internal software upgrades to cope with regulatory changes: Poll
The need to transact remotely amid COVID related lockdowns is accelerating innovation and technology adoption by financial institutions. Regulatory initiatives…
China weighs use of digital yuan for cross-border payments
China, a participant in the global race to launch central bank digital currencies (CBDC), is reportedly moving ahead to explore…
Local business conditions for payments to improve in 2021: Poll
The COVID-19 pandemic has had a transformational impact on the payments industry leading to an unexpected surge in digital transactions across B2B, B2C and P2P spaces. The trend is expected…
Retail bankers expect regulatory and compliance costs to increase over the next 12 months: Poll
The financial services industry is facing heightened risks due to the financial and economic shocks caused by the COVID-19 pandemic and retail banking is no exception. Regulations are constantly changing…
Our exclusive database of multinational banks, payment providers, cards programmes and processors companies and their subsidiaries
The world’s leading banks, payment providers, cards programmes and processors companies operate an average of 54.9 subsidiaries each. We reveal the global hotspots for these operations. Banks, payment providers, cards…
MAS, IMF, World Bank and others launch global CBDC challenge
The Monetary Authority of Singapore (MAS) has introduced a global challenge for retail Central Bank Digital Currency (CBDC) solutions. Dubbed Global CBDC Challenge, the initiative has been launched in collaboration…
European Payments Initiative to launch pan-European payments service
European Payments Initiative (EPI) is working to launch a pan-European payments service that could compete with American payments giants. A Brussels-based firm, consisting of 40 payment experts, is currently working…
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