#payment-systems

#payment-systems

On Friday, EU ministers reached an agreement on the next steps for the rollout of a digital euro. The electronic currency is intended to be an alternative to the dominant American payment systems of Visa and Mastercard. The ECB hopes to have the legislation ready by June. The ECB expects to have the legislation ready by June. After that, the bank will need another two and a half to three years to actually launch the digital euro.

The opportunity is huge here, where we have customers that have a deep loyalty with the brand.

The last four years has been marked by significant reform. I am looking forward to working even more closely with Nikhil so there is no let up in the pace of change, and to ensure we have the right relationships, domestically and internationally, to deliver our ambitious strategy.

Consumer-facing businesses are operating in increasingly unpredictable conditions. From extreme weather and power failures to cyber-attacks and system outages, disruption is no longer the exception, it's becoming the norm.

Card declines, often seen as a simple risk issue, are deeply linked to data mismanagement and can lead to a significant loss of good transactions.

The KPMG annual U.S. banking technology survey reveals that generative AI is now seen as essential by U.S. banking executives for maintaining long-term relevance in their institutions.

Modern technology convergence with entertainment has revolutionized our casino gaming experience, steering the industry towards a cashless framework through digital payments.

Epic Games is significantly altering its store's payment models, providing a zero percent revenue share for the first $1 million in app revenue, incentivizing developers to use its platform.