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Global mobile wallet usage mapped

27 Feb 19 @ 21:22

Forecasts predict that by 2022, just 17% of global payments will be made by cash. Meanwhile, digital and mobile wallet usage will continue to rise, accounting for 28% of all... read more

Smart payments: The robot returns – Who is getting AI right?

27 Feb 19 @ 17:13

Some payments industry commentators have described Artificial Intelligence (AI) as “the fourth industrial revolution”, after the steam engine, electricity and computing – and there’s no doubt that AI has significant... read more

Have we gone around the block with blockchain?

27 Feb 19 @ 11:21

Blockchain has been seen as a panacea for all that ails the financial services and payments industries, but expectations for the distributed ledger technology have been falling almost as fast... read more

Apple Pay adoption continues to rise as 43% of base now registered

25 Feb 19 @ 17:13

In December 2018 on the earnings call for Apple, analysts were given several incremental data points on the usage of Apple Pay. It may seem like an insignificant piece of... read more

PayPal CEO: Payments market to hit $100 trillion

25 Feb 19 @ 14:33

Dan Schulman, the CEO of PayPal has gone on record with CNBC and said that the digital payments industry may become a $100 trillion market as the financial technology sector... read more

US spending snapshot: Electronic payments doubled year-over-year

25 Feb 19 @ 14:20

The U.S. Spending Snapshot shows growth in consumer spending via electronic payments like credit cards, debit cards and mobile wallets more than doubled year-over-year from the third quarter (Q3) 2017... read more

Indian e-commerce sector slows but will still hit $200 billion by 2027

22 Feb 19 @ 14:06

The Indian e-commerce market is estimated to miss the market growth expectations as e-commerce behemoths, which were formally going full throttle, seem to have slowed down ever since the new FDI rules kicked in... read more

Show me the Data! A new source of value in payments

22 Feb 19 @ 12:06

From gateways to issuers, today’s payments providers have a treasure trove of data at their fingertips. By using it to generate insights into consumer purchasing behaviour, and coupling these insights with... read more

Infographic: Strong consumer sentiment toward biometric authentication

22 Feb 19 @ 11:30

While enterprises began introducing biometrics into the authentication process decades ago, the introduction of the technology into mobile devices was the catalyst for the consumerisation of biometric authentication. The first... read more

Cashless society? Lloyds announces scheme to boost retailers offering cashback

20 Feb 19 @ 12:11

Lloyds Banking Group in partnership with Visa has announced a new pilot scheme designed to boost access to cash, which will see local retailers paid to offer cashback to customers... read more

Card networks prepare to raise Scheme and Interchange fees

19 Feb 19 @ 14:55

Visa and MasterCard are reported to be planning to increase interchange fees as well as fees that card networks charge financial institutions for processing card payments for merchants. Though merchants... read more

Whats going on and where: Payments markets to watch in 2019

19 Feb 19 @ 07:52

As a leading payments market, credit and debit card payments account for the vast majority of the UK’s online purchases, particularly with the introduction of contactless. However, this doesn’t ring... read more

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Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more