Issuing & Acquiring

31 Mar 22 @ 16:18

Oh boy! Apple has been reported to be developing its own payment processing technology and infrastructure such as lending risk assessment, fraud analysis, credit checks, and dispute handling. Part of... read more

25 Mar 22 @ 11:02

Deutsche Bank was the first to go of the big European banks, officially announcing it will shut down business in Russia due to the ongoing invasion of Ukraine. Now, BNP... read more

24 Mar 22 @ 16:40

Nexi has recorded a 122% increase in in-store mobile payments transactions using smartphones in Italy in 2021. The PayTech, which last year processed around 70% of all mobile in-store transactions... read more

24 Mar 22 @ 13:35

There are rumours circulating that Apple has, or is in the process of, purchasing Credit Kudos with an eye to launching its Apple Card in the UK market. The company... read more

22 Mar 22 @ 17:12

The Bank for International Settlements (BIS) has announced the completion of prototypes for a common platform enabling international settlements using multiple central bank digital currencies (CBDC). Project Dunbar as the... read more

22 Mar 22 @ 09:37

In late December troubling reports emerged surrounding the European Payments Initiative (EPI) as some European lenders were holding off their plans to join the project. EPI Interim Company, tasked with... read more

21 Mar 22 @ 15:53

Alongside a host of other Western companies, PayPal, Mastercard, Apple and Visa have pulled out of the Russian payments market following Russia’s invasion of Ukraine, with major banks such as... read more

21 Mar 22 @ 15:00

Merchants experienced more fraud in 2021 than 2020, with new types of fraud affecting 62% of merchants. Online payment fraud continues to be the biggest threat with 20% more businesses... read more

17 Mar 22 @ 17:23

The Central Bank of Brazil (BCB) has announced plans to start a pilot program of a central bank digital currency (CBDC). In September, the BCB told the Brazilian Senate that it planned... read more

16 Mar 22 @ 15:51

December 2021 card spending data from UK Finance reveals that the average amount spent per contactless card transaction rose by almost 30% following the contactless spending limit increasing from £45 to... read more

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

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