July 26, 2023
Nigeria to Amend eNaira Model to Promote CBDC Use
Nigeria’s central bank wants more citizens to use its digital currency. To that end, the bank’s acting governor, Folashodun Adebisi Shonubi, tweeted Wednesday (July 26) that the Central Bank of Nigeria (CBN) would amend...
May 30, 2023
Mastercard Agrees With FTC Card Data Routing Order
Federal regulators have finalized an order requiring Mastercard to share card data with other payment networks. The Federal Trade Commission (FTC) said the consent order settles charges that Mastercard had unlawfully...
April 04, 2023
Real-Time Payments in India, Indonesia Expected to See Largest Growth
Real-time payment systems have transformed how individuals and businesses transact and manage their money around the globe by allowing users to transfer funds instantly without needing physical cash or...
March 23, 2023
Mangopay Buys WhenThen to Scale Platform Payments
Payment infrastructure provider Mangopay has acquired Dublin-based payment orchestration platform WhenThen. The acquisition enables Mangopay to scale its payment offering and offer platforms enhanced by pay-in capabilities, intelligent payment routing,...
March 09, 2023
Paymob Teams With Arabic Streaming Platform Shahid
Paymob wants to help Egyptian consumers pay for streaming video via eWallets. The financial services company announced in a Thursday (March 9) press release that it has teamed with Arabic...
February 21, 2023
Singapore and India Debut Cross-Border Payment Link
India and Singapore have linked their real-time payment systems to simplify cross-border remittances. The two countries’ central banks announced the linkage Tuesday (Feb. 21), saying it lets consumers send and...
January 16, 2023
Cost-Conscious Small Businesses Prioritize Digital Payments in 2023
Small businesses seeking to reduce innovation costs might consider prioritizing digital wallet offerings. In today’s budget-conscious retail environment, small- to medium-sized businesses (SMBs) might be tempted to pump the brakes...
January 15, 2023
Italy Reshapes Pro-Cash Strategy Amid Surge in Digital Payment Adoption
Leading up to final approval, payments-related aspects of Italy’s 2023 budget were hotly debated. One of those debates ended up with the government backtracking on an initial proposal to ditch...
January 04, 2023
Italians Twice as Likely to Use eWallets for eCommerce Transactions
Italian consumers are twice as likely to use a mobile wallet online compared to in-store. On a global scale, Italy emerged fourth in mobile wallet adoption, behind Japan (25.7%), Germany...