Latest articles from FX & Payments

Payment fraud card

A rising fraud afflicting P2P payments

August 22, 2022

Authorised push payment fraud, which can be difficult even to identify, needs to be tackled head on by banks and the wider finance industry.

Cross-border payments

Swift fights to keep up in a changing world

August 8, 2022

New contenders are challenging the dominance of Swift in the cross-border payments space, compelling it to improve on its flaws.

Africa digital

Africa’s rising crypto future

August 1, 2022

African nations are at the vanguard of the new movement towards central bank digital currencies, in a desperate bid to regain the initiative in the wake of rising cryptocurrency usage across the continent. 


South-east Asian central bank payment system linkages require more heavy lifting

July 28, 2022

Five regional central banks have announced plans to enable QR code-based cross-border payments. Furthermore, they want to link such a network to other regional payments platforms and eventually to central bank digital currencies. 

puzzle teaser

CPMI report stops short of real-time interlinking payments framework

July 25, 2022

While the CPMI provides a review of current interlinking arrangements, being a bit more prescriptive may help the industry in its quest to connect faster payment systems internationally. Heather McKenzie reports.

BNPL teaser

Buy now, pay later market attracts regulatory scrutiny

July 14, 2022

Is the increased regulatory activity around buy now, pay later good news or bad for the financial services industry? Heather McKenzie reports. 

digital fraud

Cross-sector action on fraud needed, says UK industry body

July 8, 2022

The cost of electronic fraud topped £1bn in 2021 for the UK alone. What more can be done to stem the tide? 

Reserve Bank of India

India outlines payments modernisation roadmap

June 30, 2022

The biggest challenge emerging from RBI’s Payments Vision 2025 is the push to facilitate domestic processing of payments transactions, as well as the move to ISO 20022 standards.

Apple pay

BNPL hits mainstream with Apple Pay Later

June 20, 2022

Apple’s entry into the buy now, pay later market has raised concerns among fintech and banks alike. But should they be worried? 

to read

Cross-border payments have given small businesses a booster shot during the pandemic. Let’s top it up

June 6, 2022

To get a better sense of the shift in businesses’ attitudes and behaviours as we emerge from the pandemic, as well as payment pain points, Mastercard surveyed leaders of over 3,000 small and medium sized enterprises (SMEs) from around the world for the Mastercard Borderless Payments Report 2022.

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