Payments news in the UK | Page 2

An overview of news, trends and research in Payments consulting in the UK:

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
Accenture: Digital payment systems rise slowly as awareness grows Digital payment systems are becoming more prevalent, as new technologies are rolling out. Consumers switching to the new systems remains key to their success.
26 October 2016
BearingPoint helps ANNA with setup of Derivatives Service Bureau The Association of National Numbering Agencies has hired consulting firm BearingPoint to help the organisation streamline the operations of its newly launched Derivatives Service Bureau.
25 October 2016
Global payments revenues to hit $2 trillion by 2025, emerging economies lead The global payments industry is set to enjoy revenue growth of more than $800 billion between now and 2025 on the back of strong growth within emerging markets.
11 October 2016
FinTech spurring banks and payments companies into active change A rapidly transforming payments and funds transfer space, through the possibilities opened by digital technologies – is spurring incumbents to act.
26 September 2016
Wait and see mode risks successful implementation of MiFID II The 12 month delay of MiFID II has propelled many financial services organisations into a ‘wait and see’ mode, on the back of continuing uncertainty and project teams which are struggling to maintain momentum.
26 September 2016
Fed hires McKinsey to support Faster Payments Task Force To support the development and roll out of new payment systems in the US, the US Federal Reserve launched the Faster Payments Task Force in 2015.
09 May 2016
LD&A Jupiter advises on sale of FinTech firm XXImo to Sodexo French multinational Sodexo has acquired XXImo, a Netherlands based FinTech startup. The deal – financial terms have not been disclosed – was advised on by corporate finance firm LD&A Jupiter.
29 March 2016
Implications of PSD2 XS2A adoption for banks industry For a bank to effectively operate amongst FinTech challengers, it should know exactly what it wants to be to its customers.
01 March 2016
Accenture expands financial services blockchain footprint Blockchain technology is estimated to have the potential to save the financial services industry up to $20 billion by 2021.
23 February 2016
Blockchain technology a potential game-changer for Finance Large financial transactions have been virtual for a long time, moving around the world via banking and corporate systems and often tallied up in spreadsheets.
10 February 2016
BCG: Transactional-banking revenues grow to 2 trillion The transactional-banking market is projected to grow $900 billion to almost $2 trillion by 2024, research by BCG shows.
06 January 2016
FIS and SAP enable wireless payments at gas stations FIS and SAP have integrated their offerings to allow customers of petrol stations to pay for their fuel wirelessly without having to reach for their wallet.
26 November 2015
Payments platform Ripple inks deal with Accenture Accenture has struck an alliance with Ripple, an enterprise company providing cross-currency settlement solutions for financial institutions.
22 October 2015
Mobile payment space taking hold across the globe Mobile payment has been on the agenda of numerous players across industries for more than a decade.
14 October 2015
EY advises on Crowd Mobile | Track Holdings deal Crowd Mobile, a global m-commerce and mobile entertainment company, has acquired Track Holdings, a Netherlands-based content distribution network with operations in 38 countries.
18 June 2015
BearingPoint: Banks should partner up with telcos As the use of mobile is extending beyond calling and texting, opportunities arise for telcos to offer more and more services, including mobile banking.
07 May 2015
Aon: Employee engagement linked to insight of rewards The overall engagement level of employees is strongly linked to the perception of their total rewards package offered by their employer, research by Aon Hewitt shows.
22 April 2015
Credit card firms leave millions in profit untapped Credit card companies are leaving additional profit potential untapped, reveals a study conducted by Simon-Kucher & Partners.
10 March 2015
Strategy&: Top 4 trends for the credit card industry The payments industry has gained prominence in the past years and to continue on this path of success, credit card companies should adjust to four arising trends that are expected to reshape the indu
02 January 2015
PA Consulting: Simplicity as a digital differentiator This autumn, it seems that mobile payments are finally taking off.
03 December 2014
Deloitte investigates glitch in BoE payments system A glitch hit the Bank of England (BOE) last month, throwing its payments system flat and hobbling thousands of housing market transactions.
01 December 2014
Capgemini & RBS: Electronic payments market grows 9% The number of electronic payments has grown last year with 9.4% to a total of 366 billion transactions, fueled by strong growth in developing markets and the use of credit (up 9.
07 October 2014
Canadian Mint hires BCG to manage sales process The Boston Consulting Group has been hired by the Royal Canadian Mint to manage the divestiture of its MintChip digital currency.
12 September 2014
FIS buys payments specialist Clear2Pay for €375 million FIS, one of the globe’s largest providers of IT, consulting and outsourcing services to the financial services industry, has acquired Clear2Pay for €375 million.
05 September 2014

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