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A good week for the payments industry crime fighters

24 Nov 22 @ 16:45

It has been a good week for the guardians of the payments industry. We are very often writing of the upward trends in fraud and the latest channels to be... read more

UK credit card market report 2022

24 Nov 22 @ 16:00

The latest report of UK credit card trends — for September 2022 — provides clear signs of consumer indebtedness as the cost of living crisis impacts finances. Analysis of the... read more

Digital Financial Market Infrastructure Consortium reveal thoughts on CBDC

23 Nov 22 @ 18:08

Project New Era is a privately led initiative by the Digital Financial Market Infrastructure Consortium (DFMI), evaluating the path towards a retail Central Bank Digital Currency (CBDC) in the UK.... read more

Soft POS user base to grow 475% globally by 2027

23 Nov 22 @ 17:20

A new study has found the total number of merchants deploying soft POS solutions will surpass 34.5 million globally by 2027, rising from 6 million in 2022. Soft POS enables... read more

Bank of England warns of systemic risk from crypto in the Metaverse

21 Nov 22 @ 18:18

Cryptoassets could have important roles within the Metaverse – a decentralised, immersive next generation of the internet. Cryptoassets enable verifiable ownership of digital items, and when built to common standards,... read more

E-commerce payment card spending worldwide hits $2 trillion

21 Nov 22 @ 17:50

A new study shows that a record $7.7 trillion was spent on e-commerce using payment cards in 2020. Periods of lockdown and other restrictions on everyday life across the globe... read more

More than 60% of financial apps are not protected from malware injections

21 Nov 22 @ 17:14

Promon, responsible for uncovering the critical Android vulnerabilities StrandHogg and StrandHogg 2.0, has discovered a new malware threat to Android’s worldwide userbase. Promon tested 384 financial services apps available on... read more

Digital wallet users to exceed 5.2 billion globally by 2026

18 Nov 22 @ 14:09

A new study has found that the total number of digital wallet users will exceed 5.2 billion globally in 2026, up from 3.4 billion in 2022; representing strong growth of over... read more

What are UWB Peer-to-Peer payments?

18 Nov 22 @ 13:28

It was recently announced that ING Bank was to pilot Project NEAR, ING’s industry’s first UWB Peer-to-Peer payments application. The pilot program will leverage UWB-enabled Samsung Galaxy smartphones1 to allow consumers... read more

Nearly half of the finance industry have adopted Open Banking

18 Nov 22 @ 12:57

Nearly half (43%) of all large financial institutions have already adopted Open Banking according to a new report from API-driven identity management company Curity. The Facilitating the Future of Open... read more

The time for women’s leadership at work is right now

18 Nov 22 @ 09:45

Women in the UK are still only paid 90p for every £1 earned by a man, and while there has been an overall decline in the gender pay gap –... read more

The current state of enterprise blockchain

17 Nov 22 @ 18:04

Enterprises use a permissioned blockchain — known as an enterprise blockchain — to speed up business processes, improve transparency, and reduce costs. The private nature of enterprise blockchains makes them... read more

Trending

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