06 Oct 23 @ 14:08

A new report reveals that growth in card purchase volume in 2022 was driven by increasing financial inclusion, digitisation and the easing of lockdowns. Global Cards and Payments shows that... read more

06 Oct 23 @ 13:44

On June 28, 2023, the European Commission (EC) published a set of new legislative proposals, notably for a Third Payment Services Directive (PSD3) and a Payment Services Regulation (PSR). It... read more

06 Oct 23 @ 11:49

Consumers have filed a class-action lawsuit against Venmo and PayPal, alleging it enacts illegally anticompetitive policies through its anti-steering rules that ultimately lead to millions of consumers paying excess charges annually,... read more

05 Oct 23 @ 16:09

In June 2023 the European Commission put forward a proposal for a Regulation to further digitalise and improve competitiveness in the European financial sector. The proposal for a Financial Data... read more

05 Oct 23 @ 12:38

The Bank for International Settlements (BIS) and central bank partners have launched Project Mandala. The project explores the feasibility of encoding jurisdiction-specific policy and regulatory requirements into a common protocol... read more

05 Oct 23 @ 09:30

AirPlus International has introduced AirPlus Intelligence, a brand-new tool that enables customers to analyse and manage their spend. Its basic module, the AirPlus Intelligence Hub, is now available as an... read more

04 Oct 23 @ 15:58

PayPal has revealed that users can now add their PayPal and Venmo credit or debit cards to their Apple Wallet – a move that was announced last year as part... read more

04 Oct 23 @ 11:16

The European Central Bank will start exploratory work for financial market settlement based on distributed ledger technology (DLT) starting in 2024, according to minutes published Thursday. The central bank is looking... read more

04 Oct 23 @ 10:49

Finally good news for the embattled fintech as Softbank and Revolut agreed to simplify the ownership structure between the UK fintech and its largest investor. This was, according to reports,... read more

02 Oct 23 @ 17:07

It’s now been a few months since the European Commission (EC) published its package of proposals for the next generation of payments regulation in the EU. The proposals – which... read more

02 Oct 23 @ 16:21

Planet has announced the findings from its latest shopper sentiment poll of over 7,500 consumers across 19 nations. The report provides retailers with new insights into what their customers want... read more

02 Oct 23 @ 15:53

Its never a good look for a company hoping to be granted a UK banking licence to be hauled up by two of the most prominent regulatory bodies for separate... read more

29 Sep 23 @ 14:33

As cross-border payment volumes grow and technology becomes more sophisticated, we look at high-risk and lower-volume payments markets to find out what’s happening. Is now the time for major international... read more

29 Sep 23 @ 10:35

An European Central Bank unit called the “infinity team” has launched nine trials of generative AI — adapting off-the-shelf systems that can create sophisticated text, images and computer code —... read more

29 Sep 23 @ 09:50

Its a good news, bad news week for Apple. Just days after it announced that it will soft launch a new feature for its iPhone Wallet app with an integration... read more

28 Sep 23 @ 12:06

Banks must harness disruptive technologies and create their own or actively participate in digital ecosystems to remain at the heart of the banking universe, according to a global Economist Impact... read more

28 Sep 23 @ 11:47

Apple has announced that it will soft launch a new feature for its iPhone Wallet app with an integration into the UK’s Open Banking API. The Wallet app will now... read more

27 Sep 23 @ 17:18

While UK consumers’ exposure to cybercrime has reduced over the past year, they experience more at cybercrime losses than any other major market in the world – despite being less... read more