Contactless

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Cybercriminals use Prilex malware to block contactless payments

31 Jan 23 @ 12:42

Kaspersky says it has uncovered three new variants of Prilex malware, which can block contactless near-field communication (NFC) transactions on infected devices, forcing customers to use their physical credit cards,... read more

Mobile wallets gaining popularity in US

30 Jan 23 @ 18:20

Modern life virtually requires that each of us has our devices accessible at any time. So how is it that most Americans still find that using a credit card is... read more

An update on Apple Pay antitrust lawsuits

27 Jan 23 @ 11:22

Back in July last year, Apple was sued in a proposed class action by payment card issuers accusing Apple Pay of abusing its market power in mobile devices to thwart... read more

Ingenico and Fujitsu unveil palm vein identification for in-store commerce

25 Jan 23 @ 19:14

Ingenico and Fujitsu Frontech have unveiled the world’s most “secure, accurate and seamless biometric payment solution” based on palm vein identification. Designed on Ingenico’s AXIUM range, its Android payment terminals,... read more

ECB study: Cash most frequently used at POS – e-payments volume grows further

10 Jan 23 @ 10:43

Cash is still the most frequently used means of payment at POS, but its share is declining according to the latest study on the payment attitudes of consumers in the... read more

The future of UK consumer payments – no CBDC?

04 Jan 23 @ 09:00

A new forecast from UK Finance predicts that debit cards will be the overwhelming favourite way for UK consumers to pay in ten years’ time. It also forecasts the decline... read more

PCM Feature: Payment platform problems – fix or switch?

03 Jan 23 @ 13:21

Today’s leading financial institutions still operate outdated card and payment platforms from the 1990s and need to change. But why are so many opting to patch their systems up, rather... read more

Contactless mobile payments to surpass 1 Billion users in 2024

15 Dec 22 @ 09:30

A new study has found that the total number of unique contactless mobile payment users will reach 1 billion globally by 2024; rising from 782 million in 2022, representing a... read more

$89 billion in bank revenues at risk by slow adoption of next generation payments

14 Dec 22 @ 12:49

Up to $89 billion (4.6%) of global payment revenues could be at risk in the next three years for banks that are slow to offer next generation payments options, according... read more

€13 billion worth of contactless payments made in Ireland in 2022

14 Dec 22 @ 12:13

Nearly €13 billion worth of contactless payments were made in 2022 as online and mobile banking payments hit record levels and cheque volumes dropped to an all-time low. This according... read more

UK debit card use soars to 90% of spend as fees continue to rise

13 Dec 22 @ 12:03

The British Retail Consortium (BRC) published its latest annual Payments Survey. The survey is an annual publication of the BRC measuring the sales volumes and values of different payment channels... read more

Merchant acquiring in the Med – A hot business

09 Dec 22 @ 14:10

Global merchant acquiring volume is set to hit $41 trillion in volume by 2026, with fresh impetus coming from skyrocketing e-commerce growth, soaring contactless usage and a reshaping of business... read more

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Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more

UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Major UK Banks unite to develop digital verification service

30 Jun 26 @ 07:05

Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more