Daily News

01 Nov 24 @ 10:50

As digital payments become increasingly popular, a recent survey conducted by TakePayments reveals the changing payment preferences of UK consumers. While trends like “cash stuffing” have fuelled narratives of a... read more

31 Oct 24 @ 11:16

Over the past decade, the combined market capitalisation of specialist payments companies has increased from $400 billion to $1.4 trillion according to Mckinsey. In addition, more than 384 unicorns with... read more

31 Oct 24 @ 10:45

Klarna has expanded their partnership with Worldpay to enable thousands of new merchants to offer Klarna to their customers. Under the expanded partnership Klarna will become a network of choice, offered... read more

30 Oct 24 @ 12:01

When Goldman Sachs and Apple launched the Apple Card in 2019, they promised to deliver a new kind of credit card experience. Both companies, however, were new to consumer finance,... read more

30 Oct 24 @ 10:44

In a new study published recently, we explain how explosive growth in instant payments will create both risk for banks, as well as opportunities for new products and services. However, banking systems need... read more

30 Oct 24 @ 09:08

Global economies can save $3.13 trillion by using AI to detect and prevent money laundering and terrorist financing, which costs trillions of dollars annually, according to the inaugural Napier AI /... read more

29 Oct 24 @ 18:38

The European Central Bank (ECB) has unveiled a new set of initiatives designed to enhance cross-currency instant payments within the European Union (EU) and potentially expand these capabilities globally. Built... read more

29 Oct 24 @ 16:06

In a ground breaking move for African banking, Standard Bank, the continent’s largest bank by assets, has announced a partnership with Volante Technologies to advance payment modernisation across Africa. This... read more

29 Oct 24 @ 15:37

Project Mandala, developed by the BIS Innovation Hub, is a compliance solution targeting the complexities of cross-border payments for both commercial and central banks. In its recent report on the... read more

28 Oct 24 @ 18:23

A new report delves into the escalating problem of synthetic identity fraud, often termed the “Frankenstein” fraud due to its complex construction of identities from real and fabricated data. This... read more

28 Oct 24 @ 18:01

The forecasted growth of Central Bank Digital Currencies (CBDCs) represents a shift in global payments, with predictions indicating CBDC transactions could surge from 307 million in 2024 to 7.8 billion... read more

28 Oct 24 @ 17:47

The Global Payments Report 2025 by Ravelin offers a comprehensive overview of the evolving regulatory landscape in payments, highlighting significant developments in authentication, compliance, and fraud prevention worldwide. The report... read more