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Cards and Payments Industry News

Weekly News Digest 6th December 2019

Last week we reported that the central bank in Beijing was warning Chinese banks to make changes to capital ratios or get rid of bad loans. Now it's the turn of the European Banking Authority to sound warnings as profitability in the region remains in a parlous state, impacting capital generation and loan funding. One remedy being applied is UniCredit's continued restructuring, which will see the closure of 500 branches and job losses for 8,000 employees next year. The Italian bank is not unique in such cost-cutting zeal, as Deutsche Bank also did... Read more >

Rural bank
Weekly News Digest 29 November 2019

US rural bank closures | Chinese rural bank risk | Westpac woes | RBS goes digital | Paytm raises $1bn |

Banks Customer Satisfaction
Weekly News Digest 22 November 2019

US bank satisfaction | Amex network surge | TSB outage lessons | Elavon buys Sage Pay | Apple Pay challenge

Golden Gate Bridge
Weekly News Digest 15 November 2019

Bank of Google | Facebook Pay | Apple Card algorithm alarms | Chinese super-apps open up

Credit cards stack 2
Weekly News Digest 8th November 2019

US loan standards tighten | Spain mulls revolving credit regulations | Australian bank results | Wirecard buys AllScore

Glass buildings
Weekly News Digest 1st November 2019

Mastercard transactions soar | Quarterly results from banks worldwide | Uber Money launch | Raisin plans for US

results chart image
Weekly News Digest 25 October 2019

Quarterly results from cards networks | RBS results reveal cards growth | Handelsbanken narrows focus

Chart 4
Weekly News Digest 18 October 2019

Shining Q3 for US consumer banking | Libra board elected | Machine Learning keeps a banker in the loop and more...

Credit cards – abstract
Weekly News Digest 11 October 2019

Small US issuers struggle with delinquency | PayPal quits Libra | Deutsche IT push | Europe's banks cope with low rates

Diverging rails
Weekly News Digest 4 October 2019

Revolut picks Visa for global expansion | US schemes cool on Libra | Eurozone cards thrive | tough month for UK challengers | PayPal gets Chinese payments licence

Exloding pie chart
Weekly News Digest 27 September 2019

US banking revolution | schemes beyond rails | UK branches close | depositors pay in Denmark | Rome mulls cash-use penalty

Federal Reserve 3
Weekly News Digest 20 September 2019

Fed rates cut | data-led revenues beckon, |UK payments transforming | Hong Kong neobanks on ice | TransferWise profits

Bank sign
Weekly News Digest 13 September 2019

UK banks' PPI hit | Stripe doubles down on lending | Netherlands instant payments launch | Aus neobanks are go | UK regulator considers industry data

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