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US retailers falling behind as global cross-border e-commerce market expands

15 Mar 22 @ 15:58

Cross-border e-commerce was growing even before the pandemic struck. Lockdowns, travel restrictions and the wholesale disruption of existing brand loyalties over the last two years have given it a further... read more

Fabio Panetta on central bank digital currencies and digital euro

15 Mar 22 @ 13:19

Fabio Panetta, Member of the Executive Board of the ECB, was recently involved in a panel to discus central bank digital currencies at the US Monetary Policy Forum in New... read more

Europeans don’t want cash – Trust cards over e-wallets

15 Mar 22 @ 12:44

A new report by card industry body Payments Europe claims Europeans would welcome government intervention to mandate electronic payment. The report also says that, while instant, or account-to-account, payments are... read more

Ex-Wirecard CEO, Markus Braun, charged with fraud

14 Mar 22 @ 15:52

German prosecutors have charged Wirecard’s former chief executive, Markus Braun, and two other former senior executives with suspected market manipulation, fraud, breach of trust and accounting manipulation of the company’s... read more

Former UK “Unicorn” Ve Global hits financial difficulties

14 Mar 22 @ 15:38

Former UK Unicorn Ve Global has announced that it is in “financial distress” five years after it was bought out of administration. The company has launched an accelerated sales process... read more

Russian bank closures disrupt European banking operations

14 Mar 22 @ 13:22

Russia’s attack on Ukraine and the resulting economic sanctions have already impacted European banking in several ways, many of which are indirect. One potential impact is in the form of... read more

What does the future hold for the ATM market?

11 Mar 22 @ 11:51

Much has been made of the death of cash and more recently the decline of the ATM estate worldwide, but the industry is still expected to reach $29.89 billion by... read more

The Mobile Money Regulatory Index report

11 Mar 22 @ 10:49

The GSMA have produced the Mobile Money Regulatory Index (MMRI), a unique tool for the assessment of the effectiveness of mobile money regulatory frameworks. Mobile money provides arguably the most economically viable... read more

Payments Cards & Mobile Jobs of the Week

11 Mar 22 @ 09:41

With so much going on in the world looking for a new job could be seen as a bit trivial? That said, if you are looking, check out these brilliant... read more

US retail sales rise 8.7% Year-over-Year

10 Mar 22 @ 16:21

US consumer spending maintained positive momentum in February, according to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment. Overall retail sales excluding auto increased 8.7%... read more

Dangerous tides from Russian sanctions pull on Eurozone bank recovery

10 Mar 22 @ 15:35

One of Italy’s major banks, UniCredit, has issued a stark warning that it may have to face losses of about €7 billion in an “extreme scenario” whereby its entire Russian... read more

Mastercard interchange class action hits £14 billion – deceased now included

10 Mar 22 @ 12:04

As per previous Payments Cards & Mobile reports, former financial services ombudsman Walter Merricks is bringing, a now £14 billion interchange fees claim, on behalf of around 46 million people... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

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