NFC World

Tietoevry Banking worked with Coop Pank to bring market-leading Open Banking services to Estonia and pave the way for advanced Open Finance solutions in the future. Background: Bringing Open Banking to Estonia Coop Pank is a top-five Estonian Bank, established in the nineties by Estonian consumer co-operatives and their clients. This position has given Coop […]

Swift is moving towards a future where digital currencies and are seamlessly integrated into its extensive global network. Swift’s vision for digital currencies As interest in tokenized assets and Central Bank Digital Currencies (CBDCs) continues to surge, Swift aims to offer its members the ability to transact using both traditional fiat currencies and emerging digital

The European merchant acquiring landscape is as competitive and diverse as ever, with major players like Worldpay, Adyen, and Nexi dominating a market that processes trillions of dollars in annual transactions. European merchant acquiring market According to TSG’s 2024 European Directory of Merchant Acquirers, these three companies rank at the top of a fragmented, complex,

Consumer trends, such as demand for Embedded Finance (EF), and rise in use of non-banking provider financial services illustrate a change in the way products are perceived and consumed: customers now subscribe to an ease of use, a means, a journey, an experience. According to a new research white paper from Visa, merchants wise to

A collaborative and accessible ecosystem are crucial tenets for the success of real-time payments. Enough institutions need to be bought in – whether through mandates or market-driven demand – and systems and infrastructure need to be supportive of new partnerships with non-licensed players who will bring great value and innovation in new strategies. The report,

The concept of digital currencies has gained traction over the past decade, and while no single initiative has yet transformed the global financial system, discussions around the digital pound in the UK suggest that change could be on the horizon. The digital pound: Potential impacts As the Bank of England and HM Treasury continue their

dtcpay, a digital payments solutions provider, and Visa have announced a partnership agreement to drive digital payments in Singapore. dtcpay and Visa partner for on crypto to fiat card The partnership aims to integrate dtcpay’s digital payments capabilities with Visa’s global payments network to enable access to 130 million merchants across more than 200 countries

Newland Payment Technology has announced the expansion of its direct market presence in France and Spain through the acquisition of the payment terminal business of its partner, NewNote, in those countries. Newland Payment Technology acquires NewNote This strategic move marks a significant milestone in the company’s international growth plan, demonstrating its commitment to developing its

Poland has emerged as a pioneering force in Europe’s evolving payments landscape, thanks to its early adoption of contactless payments, widespread use of mobile banking, and the rise of innovative payment platforms like BLIK. As highlighted in the Digital & Card Payments Yearbook for Poland, the country’s payment infrastructure is evolving rapidly, fuelled by a

As the global demand for seamless, fast, and secure cross-border payments grows, technology is often hailed as the solution to overcoming inefficiencies in the $156 trillion market. Cross-border payments innovation From distributed ledger technology (DLT) to tokenized deposits, each new innovation brings hope of transformation. Yet, while these advancements are promising, we believe that achieving