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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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Have we gone around the block with blockchain?

27 Feb 19 @ 11:21

Blockchain has been seen as a panacea for all that ails the financial services and payments industries, but expectations for the distributed ledger technology have been falling almost as fast... read more

Apple Pay adoption continues to rise as 43% of base now registered

25 Feb 19 @ 17:13

In December 2018 on the earnings call for Apple, analysts were given several incremental data points on the usage of Apple Pay. It may seem like an insignificant piece of... read more

PayPal CEO: Payments market to hit $100 trillion

25 Feb 19 @ 14:33

Dan Schulman, the CEO of PayPal has gone on record with CNBC and said that the digital payments industry may become a $100 trillion market as the financial technology sector... read more

US spending snapshot: Electronic payments doubled year-over-year

25 Feb 19 @ 14:20

The U.S. Spending Snapshot shows growth in consumer spending via electronic payments like credit cards, debit cards and mobile wallets more than doubled year-over-year from the third quarter (Q3) 2017... read more

Indian e-commerce sector slows but will still hit $200 billion by 2027

22 Feb 19 @ 14:06

The Indian e-commerce market is estimated to miss the market growth expectations as e-commerce behemoths, which were formally going full throttle, seem to have slowed down ever since the new FDI rules kicked in... read more

Show me the Data! A new source of value in payments

22 Feb 19 @ 12:06

From gateways to issuers, today’s payments providers have a treasure trove of data at their fingertips. By using it to generate insights into consumer purchasing behaviour, and coupling these insights with... read more

Infographic: Strong consumer sentiment toward biometric authentication

22 Feb 19 @ 11:30

While enterprises began introducing biometrics into the authentication process decades ago, the introduction of the technology into mobile devices was the catalyst for the consumerisation of biometric authentication. The first... read more

Cashless society? Lloyds announces scheme to boost retailers offering cashback

20 Feb 19 @ 12:11

Lloyds Banking Group in partnership with Visa has announced a new pilot scheme designed to boost access to cash, which will see local retailers paid to offer cashback to customers... read more

Card networks prepare to raise Scheme and Interchange fees

19 Feb 19 @ 14:55

Visa and MasterCard are reported to be planning to increase interchange fees as well as fees that card networks charge financial institutions for processing card payments for merchants. Though merchants... read more

Whats going on and where: Payments markets to watch in 2019

19 Feb 19 @ 07:52

As a leading payments market, credit and debit card payments account for the vast majority of the UK’s online purchases, particularly with the introduction of contactless. However, this doesn’t ring... read more

How will Brexit affect e-commerce?

15 Feb 19 @ 14:23

Brexit brings a wave of uncertainty and change to the UK business landscape, and since the day the UK voted to leave the EU, it’s been a whirlwind. But what... read more

Mainstream? One-in-ten people now use cryptocurrency

15 Feb 19 @ 07:43

Cryptocurrency, often associated with crime or those looking to raise cash quickly, has turned into a popular payment method. According to a recent report from Kaspersky Lab, one-in-ten people (13%)... read more

Ant Financial makes big step into Europe with $700 million WorldFirst deal

14 Feb 19 @ 21:28

Ant Financial has finally managed to make its mark in a significant European first. The Chinese financial services giant has agreed to buy UK payments group WorldFirst in a deal... read more

UK Government moves to protect cash with ATM protection review

14 Feb 19 @ 14:47

In a blow to those who believe a cashless society is near,  the UK Treasury Committee has held an evidence session with the Payment Systems Regulator (PSR), in which Rt Hon. Nicky... read more

JPM Coin – JP Morgan Chase first US bank to launch its own cryptocurrency

14 Feb 19 @ 14:37

Despite CEO Jamie Dimon labelling Bitcoin a fraud, JP Morgan, the largest bank in the US, has announced it has created and successfully tested its JPM Coin cryptocurrency this month.... read more

Contactless card limits around the world mapped

13 Feb 19 @ 16:51

ExpertMarket has released a new ‘tap map’ revealing the contactless card limits for 49 countries around the world. More of us than ever before are choosing to pay via contactless... read more

Global card expenditure to reach $45 trillion by 2023 – contactless driving growth

13 Feb 19 @ 16:35

Payment cards were used for purchases with a value of $25.1 trillion worldwide in 2017, an increase of 13% on the year before. Although card expenditure is growing strongly, it... read more

Fraudsters turn to Telegram Bots for cybercrime automation

13 Feb 19 @ 13:30

As part of the mobile and social media revolution, the Telegram messaging app has experienced significant growth, adding 350,000 new users daily. The platform has been widely adopted globally and... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more