Payments News

08 Aug 22 @ 12:02

UK consumers are switching back to cash in a bid to keep tighter control on their spending as living costs soar, according to new research by the Post Office. Post... read more

04 Aug 22 @ 12:54

The UK is considering the creation of a new category of private property law for digital assets like cryptocurrency which are being used to make payments or represent other assets,... read more

03 Aug 22 @ 10:15

Global Payments and EVO Payments have announced that Global Payments will acquire EVO in an all-cash transaction for $34.00 per share, valuing the deal at $4 billion. The transaction will... read more

03 Aug 22 @ 09:00

Tietoevry has decided to initiate a strategic review of Tietoevry Banking, including a process to study the potential separation into an independent company that would be listed on a stock... read more

20 Jul 22 @ 09:44

Apple has been sued in a proposed class action by payment card issuers accusing it of abusing its market power in mobile devices to thwart competition for the Apple Pay... read more

19 Jul 22 @ 13:01

A new study from leading European payment specialists Transact Payments reveals Brits overwhelmingly prefer to carry cash and use cards. Although digital wallets and other “alt” payments are making inroads, trust... read more

13 Jul 22 @ 10:06

The European Union finance ministers has formally approved Croatia becoming the 20th member of the euro common currency at the start of 2023. The European Council, the grouping of 27... read more

04 Jul 22 @ 13:14

Giesecke+Devrient (G+D) has announced the acquisition of the payment and identity solutions business of Valid USA. With this step, G+D aims to accelerate growth in the US, one of the... read more

04 Jul 22 @ 12:28

Ransomware detections in Q1 of this year doubled the total volume reported for 2021, according to the latest quarterly Internet Security Report from the WatchGuard Threat Lab. Researchers also found... read more

28 Jun 22 @ 12:59

European banks reported their second-highest profits in 15 years as the sector overcame the tumul­tuous conditions created by the coronavirus pandemic. The strong performance was driven by the lowest level... read more

24 Jun 22 @ 15:30

Credit card reward schemes have been in the doldrums for years. With “alt pays” such as account-to-account payments and crypto slowly replacing cards, we ask what’s happening to reward schemes,... read more

21 Jun 22 @ 16:57

The UK’s Payment Systems Regulator (PSR) has set out its plans showing how it proposes to carry out two market reviews focusing on card fees. One looks at scheme and... read more