Issuing & Acquiring

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Credit card payments market worth $1.22 trillion in 2032

24 May 24 @ 08:54

The credit card payments industry is undergoing substantial expansion propelled by technological advancements and the growing acceptance of digital transactions. The sector holds importance in the world economy as credit... read more

Card schemes do not face effective competition in UK

21 May 24 @ 13:11

The Payment Systems Regulator (PSR) has released its provisional findings into its “Market review of card scheme and processing fees” interim report, finding that the cards schemes do not face effective... read more

Cost of living crisis drives 118% increase in prepaid card use

16 May 24 @ 16:20

Despite Britain announcing last week that it is officially out of recession, consumers continue to be wary and are increasingly turning to prepaid cards and adjusting their spending habits to... read more

Migrating your bank’s card systems: what it means, why it matters and how to do it

09 May 24 @ 10:21

As new ways to pay come to the fore and cash takes a back seat, having a modern software infrastructure that can cope with online and mobile payments is vital... read more

India’s UPI making major global moves – little by little

03 May 24 @ 10:09

It all started in early 2024 when a fairly interesting news story sparked headlines: UPI selects Google to take digital wallet global. The basis of the deal was that The... read more

Big 3 announce continued growth in 2024 results to date

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

Retail banks enjoy stellar year in 2023 – challenges ahead

25 Apr 24 @ 10:04

Kearney has released the sixteenth edition of its annual European Retail Banking Radar, which tracks the performance of close to 90 retail banks across 21 European markets. The study found... read more

How to approach modernising your legacy payments ecosystem

24 Apr 24 @ 16:43

For decades now, vendors and analysts have been heralding the death of legacy payments ecosystems, but still, they remain in use. Over the past 20 years, FIs have been threatened... read more

Banks go Lego – The future of banking services

19 Apr 24 @ 13:25

Having survived the hype cycle, so-called “bank in a box” services will shift how banking and payments work over the next five years, creating new revenue streams for traditional banking... read more

The Credit card market is not even close to being saturated

19 Apr 24 @ 12:58

Since the announcement of Capital One’s intentions to acquire Discover in the acquisition of the year to date, the market has been abuzz with rumours of a challenge from the... read more

75% of banks admit they need to modernise their core systems

16 Apr 24 @ 15:15

A new Retail Banking Report explores financial institutions’ (FIs) strategies for meeting customer demand, and uncovers that the majority (75%) are struggling to take advantage of new payment offerings and... read more

UK credit card market report 2024

26 Mar 24 @ 15:30

According to the FICO UK Credit Card Market Report for January 2024, consumer credit behaviour followed typical start-of-year patterns. Spending fell by 8.6% post-Christmas, while consumers increased their payments to balance... 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

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... 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