Dear Subscriber,

Despite all the fuss made and coverage given to the new polymer £5 note, it seems people are less interested in who’s on the back of it with new research showing that very few seem to know that it’s Winston Churchill. In fact, there is a general apathy when it comes to knowledge of the luminaries on the back of notes and the study from Barclaycard suggests it’s unlikely to improve given that more and more people are moving towards digital payments.

Elsewhere in the newsletter, a guest post examines the ups and downs of USA’s EMV adoption, Standard Chartered said it has completed its first real-time cross border payment for businesses and PayPal-owned Braintree has seen its payment transactions grow 25-fold in three years.

Enjoy

Just 31% of Brits know who’s on the back of the new £5 polymer banknote, says new research from Barclays, which also found that the number of cash users continues to drop as people prefer using more digital methods of payments.

In this guest post, Vlad Branin, VP, Professional Services, Zooz, talks about the ins and outs of US EMV adoption: process of rolling out and the specific benefits.

Three years on from being acquired by PayPal, Braintree, a company which allows merchants to process a range of different payments, has revealed the number of its payment transactions has increased by 25 times.

Using Ripple’s enterprise blockchain solutions, Standard Chartered has completed its first real-time cross-border payment for businesses with another major correspondent bank.