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Digital and Card Payments Yearbooks Interview: European Payments in 2021

18 Mar 21 @ 16:47

Amid rising hype about mobile wallets, P2P FinTech challengers and QR-code payments, this year’s Digital and Card Payments Yearbooks show a card segment in robust health, with business growing strongly.... read more

Visa study: Where SMEs want Investors to put their money

18 Mar 21 @ 14:28

The 2021 Visa Back to Business study of Small and Medium Enterprises (SMEs) has revealed the major pain points for the world’s small businesses when it comes to payments –... read more

Apple Pay drives OEM pay contactless transactions to exceed $1 trillion in 2022

17 Mar 21 @ 13:14

OEM Pay contactless transactions, driven by Apple Pay, Samsung Pay and Google Pay, will reach more than $1 trillion in 2022, finds Kaleido Intelligence. This is up 377% from pre-COVID-19... read more

Digital wallet users hit 4.4 billion – mobile payment tokenisation revenue exceeds $53 billion globally

16 Mar 21 @ 17:15

A new study has found revenue from tokenisation provisioning and management in mobile payments will exceed $53 billion in 2025, from $18 billion in 2020. The report found tokenisation, where account... read more

IDEMIA, G+D and NXP launch WLA to offer independent contactless payment standard

16 Mar 21 @ 16:45

Following a 2019 announcement, IDEMIA, G+D and NXP Semiconductors have launched the White Label Alliance (WLA), which responds to growing global demand for next-generation, independent payment solutions for domestic and private-label payment brands. The White... read more

Germany’s Giropay, paydirekt and Kwitt merge under Giropay brand

15 Mar 21 @ 18:52

A little over a year ago, rumours started circulating in the press, in which people speculated about the merger of paydirekt and Giropay. The Kwitt service, according to the rumours,... read more

ECB pushing European Union for deeper control over stablecoins in bloc

15 Mar 21 @ 17:11

The ECB has recently petitioned European Union lawmakers  saying that they expect to have veto power over the launch of stablecoins and other potentially disruptive cryptocurrencies such as Facebook’s Diem... read more

Payments Cards & Mobile Jobs of the Week

15 Mar 21 @ 13:14

The world is getting back to normal (slowly, but still), and we honestly couldn’t be happier. It’s been a long and tough time, but the light is well and truly... read more

Belgium: 1 in 7 transfers happens via instant payments

12 Mar 21 @ 09:08

Two years since its launch, Belgian instant payments are making real inroads in the country. Today, 20 banks process instant transfers, accounting for 95% of all current accounts in the... read more

Ripple and Moneygram end partnership over SEC battle

11 Mar 21 @ 12:51

Ripple says its partnership with MoneyGram is to end by mutual agreement. Several weeks ago MoneyGram said it had stopped using Ripple’s On Demand Liquidity (ODL) solution for the four currencies where it was... read more

X5 supermarket chain launches Face Pay technology

11 Mar 21 @ 11:05

Russia’s largest food retailer, the X5 Group, has partnered with Visa and Sber to launch Face Pay biometrics at self-service checkout terminals in its stores, the facial recognition payment system may... read more

GDPR is already out of date: EU must overhaul data protection laws

10 Mar 21 @ 13:20

Axel Voss, one of the original authors of the General Data Protection Regulation (GDPR), told the FT that Europe’s data protection laws are already out of date and must be... read more

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Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more

Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more

UK Banks complete first live transactions using Tokenised Deposits

27 Sep 26 @ 18:52

Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more