Merchant acquirers and payment processors delivered mixed results. Fiserv grew 3.6%, while Global Payments recorded a slight revenue decline. These firms face increasing pricing pressure as merchants ...
MoneyGram has launched a US dollar stablecoin intended to support a wider range of financial services across its global payments network.
Blackstone is considering the sale of SP.LINKS, its Japan-based payments services provider, seeking around Y100bn ($625m) for the asset.
DBS has launched a “tap-to-phone” feature that allows businesses to accept credit and debit card payments using an Android smartphone.
The Reserve Bank of India (RBI) is planning to broaden the use of the digital rupee, India’s central bank digital currency (CBDC).
Tether has announced plans to issue a stablecoin in Georgia linked to the local currency lari, in cooperation with the government.
Safeguarding is the key mechanism within the Payment Services Regulations (PSRs) and Electronic Money Regulations (EMRs) to protect relevant funds. When a firm becomes insolvent, it’s relevant funds ...
Belgian authorities are investigating Wise over suspected money laundering offences linked to its European entity.
The 2024 Prime Time for Real Time Payments report has been published by ACI Worldwide in partnership with GlobalData image credit: shutterstock Previous reports highlighted the economic benefits of ...