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No news found.
Innopay strengthens Oliver Wyman payment consulting wing
Oliver Wyman has acquired payment advisory firm Innopay. The move will complement Oliver Wyman’s existing payments consulting capabilities, and concludes for an undisclosed fee.
05 March 2024
L.E.K. Consulting launches Payments practice
Global strategy consultancy L.E.K. Consulting has launched a Payments practice, led out of its London office.
20 February 2024
Interest in Digital Euro remains low among EU consumers
The conversation around digital currency might have cooled significantly from its pre-pandemic zenith, but the European Union is still pushing ahead with the planned launch of its ‘Digital Euro’.
15 January 2024
Projective Group joins payments industry association
Financial services consulting firm Projective Group has become a valued member of The Payments Association, an international payments community that aims to drive collaboration and innovation within
04 December 2023
Eight Advisory opens first office in the US
As the firm continues to grow its global offering, Eight Advisory has established a new office in New York. The move sees Eight Advisory open its first presence on the other side of the Atlantic.
30 November 2023
Non-cash transactions to reach 2.3 trillion by 2027
Non-cash transactions look set to continue their meteoric rise in the coming four years – over which time their volume is are forecast to pass 2 trillion per year.
05 October 2023
Synechron Payments launches on the back of Attra integration
In 2020, Synechron acquired payments technology firm Attra. Two years on, the firm has been fully integrated into its parent, under the name Synechron Payments.
19 January 2023
Longevity Partners launches transactions services practice
Fast growing ESG consultancy Longevity Partners has launched a new transaction services wing.
19 January 2023
Digital wallet use still low in UK as cash remains king
Despite continued hype for an approaching ‘cashless-society’, physical currency remains a dominant payment method for consumers around the world.
22 December 2022
Capita agrees to sell Pay360 to Access Paysuite
Professional services firm Capita has agreed to the sale of its payments company, Pay360.
29 September 2022
Amdaris partners with payments platform Stripe
Bristol-headquartered digital transformation specialist Amdaris has agreed a partnership with financial platform Stripe.
09 August 2022
Buy-now-pay-later firms brace for financial storm
With economic conditions tightening, and investors becoming increasingly wary of risk, the buy-now-pay-later could be on the verge of bursting.
06 June 2022
Payments giant Stripe names Be a consulting partner
Global payments provider Stripe has admitted Be | Shaping the Future into its newly launched partner ecosystem.
04 May 2022
Most central banks considering own digital currency
One-in-eight of the world’s central banks have considered launching a central bank digital currency, according to a new study.
21 April 2022
Mastercard launches major recruitment drive for crypto consultants
As Mastercard prepares for a future where cryptocurrency is more regularly traded, it has commenced a 500-strong recruitment drive within its payments consulting practice.
25 February 2022
WeSwap rescued from administration following Blackthorn deal
After becoming a victim of the global collapse in travel, currency exchange firm WeSwap has been saved from administration.
08 December 2021
'Buy Now Pay Later' purchases take off in the UK
With stagnating pay and soaring inflation pushing the majority of citizens toward relying on credit to make ends meet, Buy Now Pay Later vendors are finding the UK to be a fruitful market.
11 November 2021
11 billion transactions shift to digital payments by 2023
The dramatic shift of consumers away from the use of cash has accelerated once again amid the Covid-19 pandemic.
03 December 2020
Global market size of digital payments industry soares
The number of non-cash transactions, or digital payments, soared worldwide last year to surpass 700 billion – adding up to nearly 100 digital transactions on average in a year for each person on earth.
29 October 2020
Accenture to help Bank of England with payments overhaul
The Bank of England has hired IT consulting firm Accenture to refresh a key part of the UK’s crucial payments system in a deal worth up to £150 million.
14 August 2020
AI helps HSBC cut false alarms from flagged payments
An AI tool designed and implemented by KPMG has enabled HSBC to save nearly a quarter of its sanctions monitoring spend.
16 July 2020
CGI partners with Ordo for innovative payments service
Global IT consultancy CGI has established a new partnership with Ordo to deliver a sector and flexible payments service.
05 June 2019
PA expands payments team with new Partner appointment
International professional services firm PA Consulting has expanded its payments team with the hire of a new Partner from Capgemini.
22 February 2019
Regulatory and operational barriers to digital payment remain
While demand for digital payments soars, particularly in developing markets, regulatory and operational requirements remain barriers to innovation.
22 October 2018
Interview: Paul Marcantonio, Head of UK & Western Europe at ECommPay
Paul Marcantonio is Head of UK & Western Europe at ECommPay, a payment service provider.
17 October 2018
Grant Thornton confirmed for administration of payday loan firm Wonga
Controversial pay day lender Wonga has collapsed into administration, following a slew of compensation claims which rocked the company in recent years.
04 September 2018
Banks payment revenues to hit $1 trillion by 2026
Banks’ payment segments are set to see strong growth in retail and wholesale markets on the back of booming emerging markets – boosting revenues by $1 trillion to 2026.
05 January 2018
Blockchain technology is not just for financial services
If global supply chains are to gain the full benefit of blockchain technology for managing payments and related data, all parties that play a role in global trade must be involved, writes Alexander v
24 July 2017
Blockchain Technology: How it works, main advantages and challenges
The market entry of blockchain technologies is touted as one of the most disruptive forces for the financial services industry and beyond, according to analysts, set to radically transform the way tr
25 May 2017
Accenture acquires payment advisory First Annapolis Consulting
In the face of increasing demand from financial services institutions across the globe looking to develop solutions in the payments space, First Annapolis Consulting was recently acquired by Accentur
27 March 2017
The potential of blockchain as a future financial services infrastructure
The potential for blockchain technologies to create considerable disruption in the financial services industry has created considerable hype, as well as spurred considerable effort to explore the phenomenon.
02 March 2017
Boudewijn Schenkels and Paul Alfing join Payments Advisory Group
Payments Advisory Group, a Netherlands-based consultancy specialised in the payments industry, has in recent months added two new senior consultants to its ranks: Boudewijn Schenkels and Paul Alfing.
04 November 2016
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