What's New in Payments

Bank of England sets out core principles for digital pound

Financial inclusion, creating a competitive ecosystem, comparison with other payment innovations, user privacy and monetary and financial stability will be the five core principles that guide the Bank of England’s future exploration and development of a central bank digital currency (CBDC) in the UK, the financial institution has revealed... More



What's New in Payments

ECB survey reveals Europeans expect digital euro to be private, secure and easy to use

ECB survey of European opinions of digital euro graph

More than two-fifths (43%) of Europeans rank privacy as the most important feature of a digital euro central bank digital currency (CBDC), with 18% citing security, 11% the ability to pay across the eurozone, 9% the lack of additional costs and 8% offline usability, according to a European Central Bank (ECB) survey... More








What's New in Payments

European Payments Council requests feedback on mobile payments interoperability guidelines

Mobile Contactless SEPA Card Payments Interoperability Implementation Guidelines (MCP IIGs) for public consultation — European Payments Council — “The EPC has facilitated the setting-up of a multi-stakeholder group covering the various sectors involved in the mobile payment ecosystem to develop a new version of the Mobile Contactless SEPA Card Payments Implementation Interoperability Guidelines (MCP IIGs), while leveraging the relevant documentation developed in standardisation and industry bodies.”





NFC World

EC consults on IoT

The European Commission (EC) has started a public consultation to find out what framework is needed to unleash the potential benefits of the coming ‘internet of things’... More



NFC World

FTC looks into mobile payments

Federal Trade Commission (FTC)

The US Federal Trade Commission is inviting comments from industry representatives, consumer groups, technology providers and academics ahead of a mobile payments workshop it will host in Washington, DC on 26 April. More


NFC World

EU calls for comment on future of payments

European Union flag

The European Commission has published a green paper assessing the current card, internet and mobile payments landscape and is asking stakeholders to contribute their thoughts on how to ensure a modern, integrated payments environment can be implemented across Europe. More