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UN pro regulation on crypto – CapGemini sees convergence

04 Jan 23 @ 10:00

New work from the UN’s UNCTAD, a body set up to promote the interests of developing states in world trade, says that while the advent of cryptocurrencies has helped many... read more

The future of UK consumer payments – no CBDC?

04 Jan 23 @ 09:00

A new forecast from UK Finance predicts that debit cards will be the overwhelming favourite way for UK consumers to pay in ten years’ time. It also forecasts the decline... read more

PCM Feature: Payment platform problems – fix or switch?

03 Jan 23 @ 13:21

Today’s leading financial institutions still operate outdated card and payment platforms from the 1990s and need to change. But why are so many opting to patch their systems up, rather... read more

US credit card spending drops, users move to BNPL

03 Jan 23 @ 12:52

For some time, the US credit card business has struggled with burgeoning costs and decreasing profitability. Now a range of factors – including rising inflation, a weakening economy and increased... read more

New white paper: How acquirers can solve the payments puzzle

03 Jan 23 @ 12:28

A new white paper from Tribe Payments outlines the huge opportunities for acquirers in the digital economy. In the last 10 years, the way consumers pay has changed beyond all... read more

Digital wallets: supporting financial inclusion in frontier markets

15 Dec 22 @ 10:30

As one of the world’s most popular ways to pay, digital wallets have had a remarkable impact in the last decade. But as Waleed Khalid, CEO at NassWallet explains, their... read more

Contactless mobile payments to surpass 1 Billion users in 2024

15 Dec 22 @ 09:30

A new study has found that the total number of unique contactless mobile payment users will reach 1 billion globally by 2024; rising from 782 million in 2022, representing a... read more

$89 billion in bank revenues at risk by slow adoption of next generation payments

14 Dec 22 @ 12:49

Up to $89 billion (4.6%) of global payment revenues could be at risk in the next three years for banks that are slow to offer next generation payments options, according... read more

Danske Bank hit with $2 billion penalty in US money laundering probe

14 Dec 22 @ 12:31

Danske Bank, Denmark’s largest bank, has been found guilty of defrauding US banks through money laundering, and will pay a $2 billion penalty. The bank pleaded guilty in the US... read more

€13 billion worth of contactless payments made in Ireland in 2022

14 Dec 22 @ 12:13

Nearly €13 billion worth of contactless payments were made in 2022 as online and mobile banking payments hit record levels and cheque volumes dropped to an all-time low. This according... read more

Cost-of-living crisis set to fuel fraud

13 Dec 22 @ 16:38

New research shows 43% of financial services organisations expect the cost-of-living crisis to increase the risk of financial crime and fraud over the next 12 months, as scammers target vulnerable... read more

UK debit card use soars to 90% of spend as fees continue to rise

13 Dec 22 @ 12:03

The British Retail Consortium (BRC) published its latest annual Payments Survey. The survey is an annual publication of the BRC measuring the sales volumes and values of different payment channels... read more

Visa becomes latest to file trademarks in the Metaverse

13 Dec 22 @ 09:49

Visa has become the latest payment giant behind Mastercard and American Express as it filed two trademark applications to the United States Patent and Trademark Office (USPTO) related to digital... read more

US banks snap up FinTech deals as valuations tumble

12 Dec 22 @ 16:24

The FinTech industry, long seen as a threat by some to the established banks, are increasingly becoming acquisition targets for traditional US banks as rising interest rates and falling valuations... read more

Banking on crypto: How far should regulators go?

12 Dec 22 @ 12:56

Such is the volatile nature of cryptocurrencies that the market can all too easily enter one of its periodic downturns — what’s referred to as a “crypto winter.” This happened... read more

Record levels of bitcoin exiting crypto exchanges after collapse of FTX

12 Dec 22 @ 11:49

Investors are reported to be pulling record levels of bitcoin from crypto exchanges as the collapse of FTX has maximised investor fears over the safety of their assets. FTX, which... read more

Better user onboarding is key to digital finance – here’s why…

12 Dec 22 @ 10:55

In a previous blog, Plaid’s Zak Lambert outlined the evolution of customer onboarding and explained how Open Banking holds the key to vast improvements in customer onboarding for the digital... read more

Merchant acquiring in the Med – A hot business

09 Dec 22 @ 14:10

Global merchant acquiring volume is set to hit $41 trillion in volume by 2026, with fresh impetus coming from skyrocketing e-commerce growth, soaring contactless usage and a reshaping of business... 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