20+ hour, 7+ min ago   (560+ words) The World Bank Group is putting its balance sheet behind a $700mn initiative designed to help banks and fintechs in emerging markets overcome one of the less visible barriers to participating in the global payments system: settlement risk. World Bank backs…...

1+ week, 20+ hour ago   (522+ words) Wero is moving further beyond its origins as a peer-to-peer payment service, with Orange becoming the first merchant in France to offer subscription bill payments through the European Payments Initiative’s account-to-account platform. Wero expands merchant payments in France The move…...

2+ week, 6+ day ago   (532+ words) Swift has declared its new blockchain-based ledger ready for initial use, with 17 major banks preparing to pilot live tokenised deposit transactions across six continents. Swift Live Tokenised Deposit Payments The initiative is designed to enable 24/7 cross-border movement of bank-issued digital…...

3+ week, 3+ day ago   (808+ words) The UK payments market continued its shift towards digital and mobile channels in 2025, with consumers making almost 50 billion payments as mobile wallets and account-to-account transactions gained further ground. UK Digital Payments reach new high as trends shift A total of…...

3+ week, 5+ day ago   (427+ words) According to McKinsey & Company, instant payment flows across the 15 largest adopting economies reached almost $22 trillion in 2024. While this represents only around 1% of the estimated $2 quadrillion flowing through the global payments system, McKinsey expects instant payment values to grow by 15% to…...

3+ week, 5+ day ago   (449+ words) Mastercard seeks settlement over $950m losses The card network has proposed paying around half the outstanding amount claimed by acquirers, while potentially providing additional services, including fraud protection, over several years, according to Bloomberg. The negotiations follow the January 2026 liquidation of…...