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BFI: €17.9 billion spent using contactless payments made in 2022

28 Mar 23 @ 11:44

Almost €17.9 billion in contactless payments were made 2022, the highest level recorded since 2016 and a jump of 31.4% on 2021. Online and mobile banking payments continued to surge... read more

Ingenico acquire SoftPoS provider Phos

28 Mar 23 @ 11:18

Ingenico has acquired of 100% of Phos, a provider of software-only Point of Sale solutions (SoftPoS) extending its offer for merchant payment acceptance via smartphone. Phos is a premier player... read more

Global Open Finance Report: Transition continues at the international level

27 Mar 23 @ 15:44

Open Finance is a consolidated reality both at international and European level: to date, more than 40 countries have launched initiatives in this area. The transition to Open Finance can... read more

Payment Orchestration: Will it revolutionise the payments industry?

24 Mar 23 @ 17:07

Recent research by payabl. has looked into whether or not payment orchestration could become a key capability for merchants across varying sectors, and for businesses of all shapes and sizes.... read more

Jack Dorsey’s Block latest under scrutiny from Hindenburg Research

24 Mar 23 @ 10:38

Hindenburg Research, the company that forced the Adani empire onto its knees amid allegations of stock manipulation, has taken aim at and disclosed short positions in Block, alleging that the... read more

Tietoevry Banking finalizes major new payment solution upgrade in Serbia

24 Mar 23 @ 10:00

Tietoevry has completed a major systems’ upgrade for Chip Card, member of Payten, one of the leading payments processors in the Republic of Serbia. With electronic payments becoming more popular... read more

EPSM urges clarity around proposed eIDAS 2.0 regulation for card payments

23 Mar 23 @ 13:09

The European Association of Payment Service Providers for Merchants (EPSM) is urging European lawmakers to make clear that card payments with SCA will be out of the scope of the... read more

Cross-border expansion top priority for US based businesses

23 Mar 23 @ 12:36

41% of business-to-business organisations believe that cross-border business expansion is imperative to ease their current trading concerns. That’s according to a new study released by Rapyd, which shows that a sizeable... read more

Evolution of the merchant acquiring competitive landscape

22 Mar 23 @ 20:09

In the years between 2017 and 2021, the electronic payments industry grew at 30% and 13% CAGRs in volume and value of transactions respectively; for card acquiring specifically, the volume... read more

Checkout.com launches Checkout.com Issuing for clients

22 Mar 23 @ 19:42

Checkout.com has announced it will launch Checkout.com Issuing allowing customers to create payment cards for their own customers. The company has been testing Checkout.com Issuing for a while, and millions of... read more

Battle for BNPL customers is being won at point of sale

21 Mar 23 @ 15:53

Buy Now Pay Later (BNPL) usage continues to grow, but not all these payment plans are experiencing the same level of customer engagement. By the end of 2021, shoppers had... read more

Large-value payment system EURO1 successfully migrates to ISO 20022

21 Mar 23 @ 14:21

EBA CLEARING says its systemically important payment system EURO1 has successfully migrated to ISO 20022. The RTGS-equivalent payment infrastructure closed its first business day operating on the new message standard.... read more

NAB gets competitive with AUDN stablecoin pilot

20 Mar 23 @ 17:35

National Australia Bank (NAB) appears to be going head to head with its own Central Bank in a race to launch its own stablecoin AUDN. Earlier this month, Payments Cards... read more

Five ways digital payments will change financial services

20 Mar 23 @ 16:38

The last three years have seen considerable change in how the UK financial services sector operates. The expectations of consumers have shifted, prompted by the pandemic and a need for... read more

Half a trillion dollars wiped off Bank stocks as rout continues

20 Mar 23 @ 13:26

It has not been a good week for the global banking community. Starting with Silvergate Bank and ending (so far) in emergency purchase of Credit Suisse, the underlying lack of... read more

Motive Partners front of queue for ACI Worldwide purchase

17 Mar 23 @ 17:27

Rumours are flying that ACI Worldwide is being reviewed for purchase by the FinTech strong private equity firm Motive Partners. Motive has been seeking financing in recent weeks for a... read more

Visa and Mastercard $5.6 billion interchange settlement upheld

17 Mar 23 @ 16:03

In a blow to the two biggest networks in payments, the $5.6 billion antitrust class-action settlement, in which more than 12 million retailers have accused Visa and Mastercard of improperly... read more

Mastercard becomes a trusted provider of Digital ID in the UK

17 Mar 23 @ 13:27

Mastercard announced it is now certified under the United Kingdom’s Digital Identity and Attributes Trust Framework (DIATF) as an Digital ID provider. Mastercard can now offer ID, its digital identity... read more

Trending

Visa launches Intelligence Commerce Connect tool

14 Apr 26 @ 20:03

Visa is stepping up its push into agentic commerce with the launch of Intelligent Commerce Connect, a new tool intended to help businesses plug into AI-driven s... more

Revolut eyes an IPO, but the valuation story is the real headline

21 Apr 26 @ 14:35

Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more

American Express launches agentic commerce developer kit

16 Apr 26 @ 11:46

American Express is positioning itself early for what could become one of the next major shifts in digital payments: AI agents that do more than recommend produ... more