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The future of UK payments: What’s on the horizon?

07 Sep 23 @ 16:52

This article, originally published by B&B, intends to summarise the latest UK payments regulatory developments with regard to recent updates; the Future Regulatory Framework Review, the Financial Services Future Regulatory... read more

Visa and Mastercard deny reports they will raise interchange fees

07 Sep 23 @ 09:30

A week ago Payments Cards & Mobile reported on press reports that Visa and Mastercard were planning to raise network and interchange fees merchants pay when accepting credit cards. Now,... read more

Adyen granted UK banking authorisation

07 Sep 23 @ 09:14

Adyen has announced that its UK branch has been granted authorisation as a UK bank. This is granted by the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA)... read more

Bank of China mandates digital yuan integration for retail scenarios

06 Sep 23 @ 16:19

In a significant development, according to Changchun Mu, director of the People’s Bank of China’s Digital Currency Research Institute, China’s CBDC, the digital yuan, is undergoing major upgrades. Mu spoke... read more

As uncertainty grows, SMEs should seek reliable, quality payment partners

06 Sep 23 @ 16:01

An upcoming webinar from Freemarket  on 27th September, 2023 at 2:30PM UK time will discuss recent growth in cross-border e-commerce and how this gives Small and Medium Enterprises (SMEs) great... read more

Huge appetite for embedded finance amongst UK banks

06 Sep 23 @ 09:12

A new whitepaper offers insights into the nuances influencing the approach to embedded finance innovation across UK banks and financial institutions. Carried out in collaboration with Censuswide during May 2023,... read more

US consumers love digital banks – why is the EU stalling?

05 Sep 23 @ 16:22

Consumers in the US are following their counterparts in Europe and turning away from branch banking after a slow start. Meanwhile Europeans, who have been more advanced in their digital... read more

Visa expand Merchant Acquirers stablecoin settlement capabilities

05 Sep 23 @ 15:30

Visa is expanding its stablecoin settlement capabilities to the high-performing Solana blockchain and is working with merchant acquirers Worldpay and Nuvei, modernising cross-border money movement. Through live pilots with issuers... read more

UK Travel Rule goes live: This is what it means

05 Sep 23 @ 10:36

The United Kingdom’s Travel Rule obligations have gone live. Furthermore, the Joint Money Laundering Steering Group (JMLSG) has just published its Travel Rule industry guidance, which will provide firms with greater... read more

Apple Pay Later gaining market share quickly – Who should be concerned

04 Sep 23 @ 16:43

The entire buy now pay later (BNPL) industry was put on notice when Apple announced the launch of Apple Pay Later in March. While it has only been a few... read more

Verizon 2023 Payment Security Report

04 Sep 23 @ 15:40

Verizon Business has released the 2023 Payment Security Report. The 2023 PSR coincides with the approaching compliance deadline of the Payment Card Industry Data Security Standard (PCI DSS) version 4.0. This update to the current PCI DSS... read more

Half of UK consumers have ditched physical wallet for digital wallet

04 Sep 23 @ 12:01

Half of UK shoppers say they no longer need a physical wallet or purse, swapping it for a digital wallet on their phone, according to research from SAP Emarsys. The... read more

Bank servicing of SMEs is getting worse

01 Sep 23 @ 17:13

For years now, the challenges small and medium enterprises (SMEs) face in payments have not been getting easier. As long ago as 2019, banking infrastructure firm Banking Circle told us... read more

Digital wallets transaction value to surpass $16 trillion globally

01 Sep 23 @ 16:48

A new study finds that the total value of digital wallets transactions will rise from $9 trillion in 2023 to $16 trillion in 2028, a growth of 77%. This trend is... read more

What the SEC’s court defeat by Grayscale means for bitcoin ETFs

01 Sep 23 @ 09:28

This week, Grayscale scored a resounding legal victory over the energetic and ruthless SEC, in its efforts to offer a spot bitcoin exchange traded fund. One result was that the... read more

Visa and Mastercard plan to increase US interchange fees

31 Aug 23 @ 16:23

Visa and Mastercard are planning to raise network and interchange fees merchants pay when accepting credit cards, the increases are set to begin in October 2023 and April 2024. Many... read more

X moves into Super App territory with new payments licenses

31 Aug 23 @ 16:09

For several months now Payments Cards & Mobile has been covering the fast moving change in direction of Twitter (now X) from a messaging platform to a mobile payments Super... read more

Swift demonstrates potential of tokenised assets with blockchain

31 Aug 23 @ 11:33

Swift has released results from a new series of experiments that show its infrastructure can seamlessly facilitate the transfer of tokenised value across multiple public and private blockchains. The findings... read more

Trending

ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more