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Global merchant acquiring revenue will reach $100 billion by 2027

06 Nov 23 @ 12:03

Behind the curtain of an overall attractive market segment, the merchant acquiring business is being convulsed. Changes affect every layer of the mer­chant services stack. For incumbents—banks and payment monoliners—adapting... read more

Swiss National Bank puts CBDC into production

06 Nov 23 @ 11:37

The Swiss National Bank (SNB) and six commercial banks, will collaborate on a pilot focused on tokenized central bank money for financial institutions (referred to as wholesale central bank digital... 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

Nordic Payments Report: Contactless is king

03 Nov 23 @ 14:27

Nordic countries continue to lead the world in their adoption of cashless payment methods, according to a new Nordic Payments Report. Cash use in the Nordics is the lowest in... read more

Integrated payments to hit $97.8 billion by 2030: ISVs are winning

03 Nov 23 @ 13:36

A new white paper from global payments platform RS2 says merchant needs are changing as digital and physical payments merge. To compete with ISVs (Independent Software Vendor) who are winning... read more

Visa and HSBC trial tokenised deposits in e-HKD trial

02 Nov 23 @ 17:59

Visa, HSBC and Hang Seng Bank say they have concluded participation in the Hong Kong Monetary Authority’s (HKMA) e-HKD tokenised deposits pilot for a CBDC. The program, which is part... read more

ECB: Why we need a better cross-border payments network

02 Nov 23 @ 17:43

In recent decades, the world has witnessed a remarkable surge in cross-border payments, driven by the globalisation of trade, capital and migration flows. Global payments are expected to rocket from... read more

EPI successfully completes acquisition of iDEAL and Payconiq

02 Nov 23 @ 10:51

The European Payments Initiative (EPI) has announced the successful closure of the acquisition of the Dutch payment solution iDEAL and the Luxembourg technology provider Payconiq International as announced earlier this... read more

Quantum computing: seize the opportunity but guard against risk

01 Nov 23 @ 17:35

UK Finance has launched two reports analysing the risks and opportunities of quantum computing for the UK financial services sector. The reports Quantum Risks and Quantum Opportunities together set out... read more

Are banking apps the new Super Apps?

01 Nov 23 @ 13:25

Consumers increasingly choose digital banking channels to check their balances, initiate payments, apply for loans, and complete other interactions with their banks. This trend creates opportunities for banks to embed... 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

Quarterly earnings: Big 3 continue to beat forecasts

31 Oct 23 @ 18:19

Its Quarterly earnings, that time of year again as the quarter finishes and all the major players review and publish the latest data from their platforms – last quarter it... read more

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Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more