Daily News

21 Feb 23 @ 18:25

For much of the past few years, if there was a focus on a Web 3.0 technology, it was probably blockchain, with cryptocurrency investments booming and technologies like NFTs promising... read more

21 Feb 23 @ 17:57

A new study has found the total volume of international digital remittances will exceed 2 billion globally in 2027, from just over 1.1 billion in 2022. It predicts this growth will... read more

21 Feb 23 @ 11:18

Complaints to the Financial Ombudsman Service against BNPL firms have jumped 36% over the last three years, highlighting the need to speed up and implement robust regulation of the Buy... read more

20 Feb 23 @ 16:38

With fraud expected to surge amid uncertain economic conditions, Experian has released its 2023 Future of Fraud Forecast, which reveals five fraud threats that could prove challenging for consumers and... read more

20 Feb 23 @ 13:49

The Bank of Japan (BOJ) has announced that it will begin a pilot for its digital yen with commercial financial institutions commencing in April, the trials are expected to last... read more

20 Feb 23 @ 13:33

Tesco, the UK’s current biggest retailer, is rumoured to be planning a review into its presence in the UK banking sector in a move that could lead to a sale of... read more

17 Feb 23 @ 18:15

The EU’s second payment services directive (PSD2) included revolutionary concepts – but also accusations of adding friction for consumers. With the European Commission having closed its public consultation on PSD3,... read more

17 Feb 23 @ 18:04

Quantum computers have the potential to break cryptographic schemes, such as Rivest–Shamir–Adleman (RSA) and Elliptic Curve Cryptography (ECC); these are used in EMV card payment systems for offline authentication to... read more

16 Feb 23 @ 16:31

Here’s some good news: fraud is going down. Or at least, the number of companies affected by fraud has decreased slightly since 2018, according to a new PwC study. However,... read more

16 Feb 23 @ 16:18

A new study has found the number of virtual card transactions, randomly generated card numbers linked to a payment account, will exceed 121 billion globally by 2027; increasing from 28... read more

15 Feb 23 @ 17:54

In the last six months we have seen some of the biggest names in payments, especially in the last few weeks announce, “strategic reviews of their businesses”. It seems to... read more

15 Feb 23 @ 17:01

BNPL has, to date, managed to escape regulations aimed at other interest-bearing loans. In the UK, where the BNPL market was worth £5.7 billion in 2021, as with regulators in... read more