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Singapore shift to cashless unlikely in near term
(12 March 2019 – Singapore) Despite a government led target for cheque free payments by 2025, a recent report by S&P Global Ratings reveals cash and cheques continue […]
(12 March 2019 – Singapore) Despite a government led target for cheque free payments by 2025, a recent report by S&P Global Ratings reveals cash and cheques continue […]
(12 March 2019 – United States) PayPal has introduced a service that lets US consumers instantly transfer money to a bank account via JPMorgan Chase's access to a […]
(11 March 2019 – United Kingdom) NatWest is piloting biometric card technology that would allow customers to verify point-of-sale transactions with their fingerprints. The UK bank is working […]
(8 March 2019 – United Kingdom) Following a widespread outage last year for Visa the Bank of England is taking supervisory action against the card scheme. More than […]
(7 March 2019 – Australia) Chinese payments giant Alipay has said that while it aims to be present in the Australian market, it has no plans to take […]
(28 February 2019 – Global) Swift’s global payments innovation (gpi) network has marked its 2-year anniversary with over 50 percent of messaging traffic across the interbank network. Rapid […]
(28 February 2019 – South Africa) Standard Bank of South Africa is preparing to go live with a private permissions blockchain payment system for conducting international foreign exchange […]
(27 February 2019 – South Korea) In a move designed to increase competition and promote innovation, South Korea’s banks will be forced to open their payment systems to […]
(19 February 2019 – USA) PayPal CEO Dan Schulman estimates the digital payments market will exceed US$100 trillion in the short to medium term with PayPal currently representing […]
(19 February 2019 – Hong Kong) The Hong Kong Monetary Authority (HKMA) and People's Bank of China (PBoC) are working together to introduce cross border mobile payments, eWallets, […]