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Three challenges that could end Elon’s X factor dream

15 Sep 23 @ 13:56

In 1999, a then-unknown Elon Musk purchased the web domain x.com and set about building his vision for an internet-only bank. While said bank didn’t materialise, the site eventually morphed... read more

Half of all UK payments now use debit cards

15 Sep 23 @ 09:53

The total number of UK payments (consumer and business) in the UK last year increased to 45.7 billion, up from 40.4 billion in 2021. Payments made by businesses accounted for... read more

UK cash usage reverses downward trend in latest data

14 Sep 23 @ 14:58

Consumer cash payments increased by 8% to 6.3 billion payments in 2022. This was the first-time cash transactions grew since 2012. Although cash payments are still more than 30% below... read more

Banks planning and engagement with Metaverse falls away

13 Sep 23 @ 16:59

In a new Global Benchmark for Sustainable Banking report it examines the key trends, opportunities and challenges presented by the adoption of key emerging technologies such as cybersecurity technologies, machine... read more

Three central banks currently testing Swift CBDC connector

13 Sep 23 @ 16:34

Swift has entered a new phase of its breakthrough work on Central Bank Digital Currency (CBDC) interoperability, announcing that three central banks are beta testing its solution for interlinking CBDCs.... read more

Debit cards top of wallet for Point of Sale payments

12 Sep 23 @ 16:51

Whether consumers have swiped, tapped, dipped, waved a wrist or held a device near a card reader at a retail location in recent months, the chances are good that they’ve... read more

The cyber crime ecosystem – Ransomware and extortion

12 Sep 23 @ 16:20

In 2017, the National Cyber Security Centre (NCSC) published a detailed report examining the cyber crime business model – this report has been updated in 2023. Since 2017, the growth... read more

Decentralized Finance market to reach $497.9 billion by 2032

11 Sep 23 @ 16:57

The global decentralized finance market was valued at $13.8 billion in 2022, and is projected to reach $497.9 billion by 2032, growing at a CAGR of 43.4% from 2023 to... read more

Europol Report: An analysis of financial and economic crime

11 Sep 23 @ 15:00

Serious and organised crime continues to threaten the internal security of the EU says a new report: The Other Side of the Coin: An Analysis of Financial and Economic Crime.... read more

Why soft POS is taking over global acquiring

11 Sep 23 @ 11:45

A new white paper from RS2 says soft POS solutions installed on mobile phones, tablets and bespoke devices will become increasingly significant in the global acquiring market. As more merchants adopt... read more

US Watchdog eyes Google Pay and Apple Pay market access

08 Sep 23 @ 16:10

The Consumer Financial Protection Bureau, one of the US government’s top consumer watchdogs, has warned tech giants about being overly restrictive in access to payments apps, a direct threat to... read more

Biannual Threats Report: Emerging fraud schemes in retail and e-commerce

08 Sep 23 @ 15:40

Visa has released the Fall 2023 edition of its Biannual Threats Report which highlights emerging fraud schemes targeting the global economy. This edition showcases a significant rise of phishing schemes... read more

10 emerging tech job titles for 2023 and beyond

08 Sep 23 @ 09:22

Experts at the Institute for the Future say that about 85 percent of the jobs that today’s university students will have in 2030 simply haven’t been invented yet. New jobs... read more

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

Trending

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