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Chinese mobile payments market projected to grow 21.8% to $96.73 trillion

09 Jan 19 @ 17:32

Chinese mobile payments services market is projected to grow 21.8% from 2017 to hit $96.73 trillion (£75.96 trillion) in 2023, driven partly by increasing demand for e-commerce. China has a... read more

Mizuho Bank to roll out J Coin digital currency

09 Jan 19 @ 12:57

Mizuho Bank is set to roll out a proprietary digital currency, J Coin, in March, backed by 60 regional domestic banks. The virtual currency is the result of the development of... read more

Proceeding with caution – a survey on central bank digital currency

09 Jan 19 @ 10:02

A survey of central banks shows that a majority are collaboratively looking at the implications of a central bank digital currency (CBDC). Although many have reached the stage of considering... read more

Strong growth in card acceptance fuelled by consumer demand and government campaigns

08 Jan 19 @ 13:11

The number of merchant outlets accepting card payments worldwide grew by 13% throughout 2017 to reach 69.2 million at the end of the year. The two least developed regions in... read more

Ingenico complete JV with BS PAYONE in Germany

08 Jan 19 @ 09:17

Ingenico and Deutscher Sparkassenverlag (DSV), have announced the finalisation of the combination of BS PAYONE, a Sparkassen-Finanzgruppe subsidiary, with Ingenico Retail assets in DACH (Germany, Austria, Switzerland) following the approval... read more

Nets finalises merger with Concardis

08 Jan 19 @ 09:08

Nets and Concardis have confirmed that they have completed the merger originally announced in June 2018. Bo Nilsson will lead the combined group as CEO and Robert Hoffmann will continue as Concardis... read more

Google granted e-money licence for EU

07 Jan 19 @ 16:59

Google has announced that it has been granted an e-money licence and authorised as a payment institution in the Republic of Ireland, paving the way for it to begin providing new... read more

AI, IoT and Data Control: Major tech trends of 2019

07 Jan 19 @ 12:27

In 2019 it’s all about data – a small, rather dull word for something that is profoundly changing the world we live in. New technologies, from voice-controlled speakers to “internet... read more

Huawei Pay sets sights on global roll-out

07 Jan 19 @ 11:56

Huawei is set to launch a major expansion to its mobile payments platform Huawei Pay as it once again looks to take on the likes of Apple and Samsung. The Chinese phone... read more

Contactless card fraud surges in 2018

07 Jan 19 @ 11:47

According to figures from Action Fraud, the UK’s national fraud reporting service, contactless card fraud is surging. A total of £1.8 million was stolen by fraudsters from contactless users in 2018.... read more

Visa to buy Earthport for £198 million

27 Dec 18 @ 09:29

Visa Inc is to pay £198 million pounds to buy Earthport Plc, a British firm that facilitates international transactions for banks and businesses. Visa International Service Association, a unit of... read more

Nordic API gateway Spiir gets big bank investment

19 Dec 18 @ 08:49

Hot on the heels of Tieto launching its API Hub, Spiir’s Nordic API Gateway has received €5.2 million investment from DNB and Danske Bank as the banks continue their plans to build their PSD2... read more

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UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more

Visa announces €500 Million European Investment Signals Strategic Response to Payments Sovereignty Push

31 May 26 @ 12:59

The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions acros... more