Tag: payments

FCA ends light-touch e-money regulation

The UK’s Financial Conduct Authority (FCA) has signalled an end to the light-touch regulation of payment and electronic money (e-money) firms, which have been at the forefront of the UK’s […]

BIS warns of new monopolies in payments

The Bank for International Settlements (BIS) has issued a rallying call for countries to prevent the emergence of powerful new monopolies in the form of digital platforms run by large […]

Rise of the platforms

Big tech firms like Google, Facebook, Apple, Alibaba and Tencent want our payments data. Are we right to share it with them? “The entry of BigTechs into the provision of […]

Facebook launches digital payments in Brazil

There’s no sign of a let-up in tech mogul Mark Zuckerberg’s push into payments. Facebook announced today that its WhatsApp messenger service has started offering in-app digital payments for users […]

Payments are about politics

The ongoing revolution in payments merits everyone’s attention. That’s because it’s not just a question of winners and losers in the battle over payment technology or the societal impact of […]

The cross-border payment challenge

Domestic payments—those within a single currency area—are becoming faster, easier and safer. But the opposite is true when payments go global. There are six deep-rooted reasons for the opacity, high […]

BIS warns on rise of shadow payments

A three-decade global push to tighten anti-money-laundering (AML) rules appears to be running out of road. That’s one conclusion to be drawn from the latest Bank for International Settlements (BIS) […]

Payments to determine banks’ future

According to some fintech firms, large banks do have a future. It’s just as a low-value provider of the transaction data that they, the highly rated tech specialists, will exploit. […]