Payments News

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ESG: Is payments sustainability still a thing?

07 Mar 24 @ 17:39

As banks struggle to make a profit and the ESG trend fades quicker than a fake sun-tan, James Wood asks whether sustainability still matters in payments. Despite all the negative... read more

Worldline suffers share slump on slowdown and impairment charge

01 Mar 24 @ 15:00

Worldline shares have suffered a 15% loss as the company announced that its full-year net loss after it took a €1.15 billion ($1.25 billion) impairment in its merchant services division... read more

Temenos fight back after Hindenburg Research massacre

16 Feb 24 @ 10:36

Embattled core banking provider Temenos has hit out at Hindenburg Research’s claims that there are “major accounting irregularities, failed products and an illusive turnaround” at the firm. The research note,... read more

Visa: Payments trends to watch in 2024

02 Feb 24 @ 17:14

The payments industry is nothing, if not constantly changing. And 2024 promises to bring its fair share of change. At a high level, according to Visa research, we expect a... read more

Global B2B payments market projected to hit $31.71 billion

26 Jan 24 @ 17:57

Global B2B payments market industry was valued at $12.50 Billion in 2022. It is projected to reach $31.71 Billion by 2031, growing at a CAGR of 9.9 % during the... read more

Robinhood trading app launches in UK

30 Nov 23 @ 14:41

Robinhood, the online investments app, has announced it ready to attempt a second launch of its platform in the UK. The company is taking on waiting list clients and will... read more

Apple sets up termination of agreement with Goldman Sachs

29 Nov 23 @ 19:44

Apple is rumoured to have set terms for the termination of its credit card and savings account partnership with Goldman Sachs. Goldman Sachs, which has been trying to jettison its... read more

Merchants missing out as consumers switch payment methods

27 Nov 23 @ 13:25

It will come as no surprise that as money gets tight, consumers are shopping around more frequently. In the main they are looking for two things: consistency in terms of... read more

World Cloud Report – Payments sector leads adoption

17 Nov 23 @ 17:34

The financial services industry is experiencing volatility spurred by ongoing inflation, interest rate hikes and recovering stock markets. To address these market dynamics and maintain business growth financial firms are... read more

PayPal receives SEC subpoena on stablecoin – share price rockets

03 Nov 23 @ 17:46

PayPal has reported that it has received a subpoena from the US Securities and Exchange Commission’s division of enforcement related to its stablecoin linked to the US dollar. The subpoena demands... read more

Why are European payments companies struggling Vs their US counterparts?

01 Nov 23 @ 12:32

Yesterday Payments Cards & Mobile covered the seemingly unstoppable growth of the Payments Industry big 3. Once again the posted stellar results either for Q3 in the case of Mastercard... read more

Demand for embedded finance soars among SMBs

24 Oct 23 @ 10:00

A new global survey reveals surging demand for cloud-based embedded finance services with more than 80% of SMBs looking to switch away from traditional banks for their payment needs. The... 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