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Apple Card hits $10 billion in savings deposits

16 Aug 23 @ 09:25

Apple Card has hit $10 billion in deposits since its launch back in May. At launch, the high-yield savings account with Goldman Sachs, saw $990 million in deposits in just... read more

How digital trade is reshaping the global economy

15 Aug 23 @ 13:58

A new report, How digital trade is reshaping the global economy, shows striking confidence and investment in digital exports, beyond typical trade routes. It finds that a wide cross section... read more

How cost-of-living crisis has hit card spending

15 Aug 23 @ 12:50

The cost-of-living crisis in the UK has hit consumers hard, with a majority saying they expect their financial situation to worsen over the next twelve months, and the number of... read more

Bangladesh Bank adds the the domestic card scheme party

15 Aug 23 @ 11:26

Bangladesh Bank, the country’s central bank, has decided to launch the nation’s domestic card scheme. By establishing this independent domestic card scheme payment infrastructure, Bangladesh Bank says it is creating... read more

Crypto trading surge in 2023: Unravelling the factors behind the phenomenon

14 Aug 23 @ 14:30

In 2023, the world of cryptocurrency trading experienced an extraordinary surge, capturing the interest of investors, traders and financial analysts across the globe. They all started following the changes in... read more

US credit card balances pass $1 trillion

14 Aug 23 @ 12:42

Total credit card balance in the US have soared past $1.03 trillion, hitting a new record, according to the Federal Reserve Bank of New York’s Quarterly Report. Q2 2023 was... read more

Exploring the difference between money transfer apps and digital banks

14 Aug 23 @ 12:00

The realm of personal finance has undergone a significant transformation in the digital age, thanks to the emergence of innovative financial technology solutions. Among the popular choices are money transfer... read more

Are virtual wallets the future of payments?

14 Aug 23 @ 11:56

With the “wallet wars” being waged over recent months, there has been much talk of virtual wallets becoming a vital part of the payments system. Whether a digital wallet (which... read more

EMVCo publish security requirements for MFA payments

11 Aug 23 @ 10:00

EMVCo has released security requirements to support the development of multi-factor authentication (MFA) solutions capable of preventing or detecting attacks that could compromise the security of payment authentication. MFA is... read more

5 open fintech jobs in the UK this week

11 Aug 23 @ 09:20

While the threat of a recession had receded somewhat, economic predictions for the UK remain cautious, with predictions for negative growth proving correct. KPMG’s Global Economic Outlook credits this to... read more

From cashless to super apps: Exploring fintech trends

10 Aug 23 @ 13:00

Fintech services continue to change, accelerate and improve the way we conduct our financial practices Technological innovations in fintech are continuing to evolve, as we reach the halfway point of... read more

PSD3: 4 real problems addressed – 1 big opportunity missed

10 Aug 23 @ 11:00

Now that the first draft of the proposed PSD3 regulation has been released, there is a significant amount of interest in data sharing between banks and third-party organisations. PSD3, in... read more

PayPal launches US dollar backed stablecoin PayPal USD

10 Aug 23 @ 09:00

PayPal has announced the launch of a US dollar-denominated stablecoin, PayPal USD (PYUSD). According to the company, fully-backed, regulated stablecoins have the potential to transform payments in web3 and digitally... read more

AI is essential in fraud management – but it must be explainable

09 Aug 23 @ 11:29

In a new podcast, Payments Cards & Mobile Managing Director Alex Rolfe is joined by Roy Prayikulam, SVP Risk and Fraud at Inform. The two discuss the present and future... read more

7 insights from the NFC Forum technical roadmap

09 Aug 23 @ 11:12

Last month Payments Cards & Mobile covered news that the NFC Forum and its members launched its technical roadmap outlining its ambitions to extend NFC Standards to support additional NFC... read more

How AI is changing fintech jobs

02 Aug 23 @ 10:45

While a lot of the conversation surrounding AI is focusing on the threat automation poses to jobs—the World Economic Forum’s Future of Jobs Report 2023 found that AI is expected... read more

More than half of US businesses to use soft POS by 2030

29 Jul 23 @ 09:00

A study from Grand View Research suggests that more than half of US businesses will be using soft POS systems by 2030 as both SMEs and large corporates take advantage... read more

Can blockchain transform the financial services industry?

28 Jul 23 @ 09:42

The global blockchain market is set to grow $163.83 billion by 2029, up from $7.18 billion in 2022, exhibiting a CAGR of 56.3%. That being said, blockchain is still viewed... 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