01 May 24 @ 16:32
Based on the latest public data from calendar year 2022 and analysis, we estimate that the total global purchase personal consumption expenditure, or PPCE, excluding Russia and China, was approximately... read more
31 Oct 23 @ 18:19
Its Quarterly earnings, that time of year again as the quarter finishes and all the major players review and publish the latest data from their platforms – last quarter it... read more
23 May 23 @ 15:29
Despite government backing of domestic schemes in some markets, cards are increasingly being co-branded with international card schemes due to customer desire for maximum acceptance, rewards and other benefits. This... read more
31 Oct 22 @ 18:04
Its that time again…and its been another stellar quarter for most of the big payments companies even as the rival Big Tech sector has seen a sell off. Strong consumer... read more
29 Apr 22 @ 18:02
Visa has (again) posted much stronger than expected Q1 2022 earnings amid a consumer spending rebound powered in part by business and personal travel following a “short-lived” jump in Omicron... read more
16 Mar 22 @ 12:46
American Express is making what appears to be a landgrab for what some see as the next big market for payments – the metaverse. The company has filed trademark applications for... read more
08 Jul 20 @ 12:26
American Express, Discover, Mastercard and Visa have announced they are each beginning technical preparations for global expansion of the Click to Pay online checkout – based on the EMV Secure... read more
16 Apr 19 @ 10:57
Analysis by Ravelin of millions of global business transactions reveals 22% of payments are lost when authenticated using 3D Secure. Improved user experience alone won’t cut it – online sellers... read more
22 Jan 19 @ 11:00
In recent years, interchange rates have come under increasing pressure from a variety of judicial reviews by the US Federal Reserve, the European Union and individual countries such as Canada,... read more
14 Jan 19 @ 09:36
After a decade of lobbying to gain local access to the $124 trillion Chinese payments market, Visa and Mastercard have been snubbed by China’s central bank which has refused to... read more
19 May 17 @ 12:21
Global card purchase volume for goods and services, which excludes cash advances on credit cards and cash withdrawals on debit cards across the global card networks, grew by 5.8% to... read more
09 Jan 17 @ 12:58
A federal appeals court has rejected the US government’s AmEx antitrust case request that it reconsider its decision allowing American Express to stop merchants from encouraging customers to use rival cards... read more
06 Dec 16 @ 11:06
American Express has acquired InAuth, a mobile device authentication and intelligence solutions provider of fraud prevention. InAuth’s technology is used by some of the largest financial institutions, banks, payment networks... read more
24 Jun 16 @ 09:27
In an effort to promote further adoption of EMV in the US, American Express announced changes to its EMV chargeback policy to help merchants limit their fraud costs as they... read more
15 Jun 16 @ 15:33
American Express has announced the availability of Amex Quick Chip, a technology that enables merchants to provide a more seamless experience at the point of sale for Card Members when they... read more
23 Mar 16 @ 14:24
American Express is reported to be investigating a potential data breach by a merchant in California. Apparently, the merchant was compromised, leading to the possible exposure of account numbers, names, expiration... read more
28 Oct 15 @ 12:51
Apple Pay has cunningly formulated a clever tie up with American Express to bypass banks unwilling to give up their card fees by launching Apple Pay with American Express in... read more
13 Jul 15 @ 11:57
American Express has revealed an online checkout service that works across desktop, mobile and apps to let US card holders make payments with their existing AmEx user ID and password, without having... read more
22 Jun 15 @ 15:40
After years of prohibiting merchants who accept its cards from steering customers to other brands, American Express is being forced to lift those restrictions. The change comes after a federal judge... read more
07 Apr 15 @ 09:54
Our Advanced Payments Survey, sponsored by American Express, as in previous years, indicates that industry opinion on what is required to develop a successful mobile payment service remains the same. Smooth or “frictionless” consumer interaction designed to work intuitively consistently scores at the top of the table for key success factors.
11 Jun 26 @ 16:00
A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more
18 May 26 @ 17:07
The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more
31 May 26 @ 12:59
The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions acros... more