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In-store mobile payments rise 122% in Italy

24 Mar 22 @ 16:40

Nexi has recorded a 122% increase in in-store mobile payments transactions using smartphones in Italy in 2021. The PayTech, which last year processed around 70% of all mobile in-store transactions... read more

Anonymous continues its war on Russia and hack central bank

24 Mar 22 @ 13:48

Anonymous, the hacker collective, is claiming it has hacked the Central Bank of Russia to access sensitive documents within the bank. The hackers, who have been targeting Russian assets since... read more

Is Apple set to launch the Apple Card in the UK next?

24 Mar 22 @ 13:35

There are rumours circulating that Apple has, or is in the process of, purchasing Credit Kudos with an eye to launching its Apple Card in the UK market. The company... read more

Fraud across social media sites hits record highs

23 Mar 22 @ 10:34

Unauthorised financial fraud losses across payment cards, remote banking and cheques totalled £783.8 million in 2020 according to a report by UK Finance, the industry body. In addition, UK Finance... read more

EMI Genome waives fees for displaced Ukrainians

23 Mar 22 @ 09:46

Genome, an Electronic Money Institution licensed and supervised by the Central Bank of Lithuania, has waived its fees for Ukrainian citizens in order to help them open Euro accounts in... read more

BIS Project Dunbar cross-border CBDC initiative deemed a success

22 Mar 22 @ 17:12

The Bank for International Settlements (BIS) has announced the completion of prototypes for a common platform enabling international settlements using multiple central bank digital currencies (CBDC). Project Dunbar as the... read more

OEM pay and chatbot messaging growth explodes globally

22 Mar 22 @ 10:07

A new study has found that the volume of global e-commerce transactions made via OEM Pay will exceed 30.7 billion by 2026; rising from 6.1 billion in 2022. This outstanding growth... read more

European Payments Initiative hits troubles as majority of Banks leave

22 Mar 22 @ 09:37

In late December troubling reports emerged surrounding the European Payments Initiative (EPI) as some European lenders were holding off their plans to join the project. EPI Interim Company, tasked with... read more

PCM feature: Can Russian payments weather the storm?

21 Mar 22 @ 15:53

Alongside a host of other Western companies, PayPal, Mastercard, Apple and Visa have pulled out of the Russian payments market following Russia’s invasion of Ukraine, with major banks such as... read more

62% of merchants are seeing new fraud types emerge

21 Mar 22 @ 15:00

Merchants experienced more fraud in 2021 than 2020, with new types of fraud affecting 62% of merchants. Online payment fraud continues to be the biggest threat with 20% more businesses... read more

NYC debuts first Non-Fungible Token ATM

21 Mar 22 @ 14:48

They say timing is everything… One assumes, in a bid to cash in on the Non-Fungible Token (NFT) craze that was (prior to a monster sell off), New Yorkers interested in... read more

A guide to the European Regulation on Markets in Crypto-assets (MiCAR)

18 Mar 22 @ 10:48

The regulation of crypto assets and related services is still not treated uniformly in the European Union and resembles more a patchwork of regulatory fragmentation. Although the fifth Anti-Money Laundering... 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