Daily News

23 Feb 24 @ 14:14

High transaction drop-out and cardholder abandonment rates hit all parties in the transaction process, leading to lower card usage, revenues and profitability. One German retailer estimates[1] they lost more than... read more

20 Feb 24 @ 11:20

Capital One has announced it will acquire its long term rival Discover Financial for $35.3 billion. The acquisition of Discover values the smaller rival’s stock 27% above last weeks closing... read more

20 Feb 24 @ 10:43

Many banks are worrying their customers might withdraw deposits to hold digital euro instead. These fears are misplaced, argue ECB Executive Board member Piero Cipollone, Ulrich Bindseil and Jürgen Schaaf,... read more

20 Feb 24 @ 10:20

The Payment Orchestration Platform Market is set to grow from its current market value of more than $848.6 million to over $4.83 Billion by 2032. The surge in digital payments... read more

16 Feb 24 @ 17:10

As we turn our attention to 2024, James Wood says the advent of generative AI is going to create major security headaches for payments companies – amid other problems. In... read more

16 Feb 24 @ 14:12

In recent years, digital wallets have shot from the niche to the mainstream. Their use has taken off in every region of the world, the growth trajectory remains strong, and... read more

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

15 Feb 24 @ 12:28

New research from Economist Impact finds that European banks are fighting back against competition from platform players, neobanks and payment providers. According to the study, “Challenging the challengers: Europe’s banks... read more

15 Feb 24 @ 11:57

Just days after Revolut released research that indicated Meta platform were the leading platforms for the origination of scams, the fintech has release a new AI scam protection platform for... read more

15 Feb 24 @ 11:40

Led by strong growth in Same Day ACH and business-to-business (B2B) payments, the ACH Network securely handled 31.5 billion payments valued at $80.1 trillion in 2023. Payment volume for the... read more

13 Feb 24 @ 18:21

At Payments Cards & Mobile we have long been supporters of a role for payment cards in the overall payments mix, thanks to our own Payment Yearbooks which show card... read more

13 Feb 24 @ 16:55

Inflation and the cost of living crisis are directly impacting what customers purchase. These issues are not going away anytime soon in 2024 – so it’s up to merchants to... read more