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Ominous warning for European retailers facing a 350% increase in fraud

25 Nov 21 @ 17:18

As the holiday shopping season hits full stride, e-commerce retailers across Europe face a new era of fraud and malicious attacks spurred by a COVID-inspired transformation in e-commerce and a... read more

Digital commerce in Latin America expand 37% – Pix and wallets lead charge

25 Nov 21 @ 12:57

Latin America’s digital commerce market is expected to grow by 37% by the end of 2021 and expand at a double-digit pace across the region through 2025. Some of LatAm’s... read more

Japanese mega consortium set to test Yen based digital currency

25 Nov 21 @ 11:46

A consortium of 70 Japanese firms, including the country’s three  largest banks, says it will aim to launch a yen-based digital currency in 2022 after beginning trials in coming months.... read more

The UK’s future strategy for Open Banking payments

24 Nov 21 @ 17:06

Open banking (OB) payments have the potential to offer greater payment choice to merchants and customers. There are now over 2.5 million Open Banking payments a month. In 2018, there... read more

An update on interchange fees between the UK and EEA

24 Nov 21 @ 16:47

As of January 2021, the United Kingdom broke away from its long standing relationship with its closet neighbour and is therefore no longer part of the EEA. As a result,... read more

Buy Now Pay Later fraud risks set to rise this Black Friday

24 Nov 21 @ 13:18

A significant increase in Buy Now Pay Later (BNPL) transactions expected this Black Friday and Cyber Monday is forecast to put businesses and consumers at heightened risk of falling victim... read more

EU to ban banks’ use of cross-border permissions to access market

23 Nov 21 @ 17:20

The EU has announced new measures to crack down on a patchwork of national arrangements that allow banks outside the EU to sell services into the bloc, dealing a blow... read more

Mid-market enterprises must seize the digitization opportunity in accounts receivable for optimum performance

23 Nov 21 @ 16:57

As the World Economic Forum has noted[1], the mid-market enterprises (turnover of between $50-$500 million) that constitute 60% of North America’s GDP urgently need to re-tool for growth in the... read more

Current fraud defences aren’t working. Fraud engines need supercharging!

23 Nov 21 @ 16:36

As digital commerce becomes a mainstay of everyday life, better automation in monitoring transactions for fraud is a necessity. Despite the best efforts of our industry, payments fraud continues to... read more

UnionPay signs agreement with Nets to expand acceptance across Nordics

23 Nov 21 @ 14:09

UnionPay, the card scheme with the world’s largest cardholder base, has announced that it has signed a new market development agreement for the Nordics with Nets. The agreement will enable... read more

M-commerce: the new leader in electronic commerce

22 Nov 21 @ 17:33

Lockdowns have drastically shifted the way consumers interact with mobile and accelerated the move toward m-commerce, eclipsing previous years’ predictions. As restrictions have progressively eased throughout 2021 in many markets,... read more

FinTech Wars: A feud that started small but threatens the incumbents

22 Nov 21 @ 16:55

Amazon.com is showing its aggressive side. The e-commerce giant has started a kind of fight with Visa over the costs of using its credit cards, but it won’t confront the... 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