magazine

Latest Issue

THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

Subscribe now

Daily Insights

Global payments news direct to your inbox

Sign up free

DAILY NEWS

ALL NEWS

Digital identity is a must-have for today’s banks – here’s why…

10 Jan 23 @ 12:30

In a new white paper, leading European payment solutions provider Nets, part of Nexi Group, outlines why flexible, modular digital identity systems are core to the digital revolution in financial... read more

ECB study: Cash most frequently used at POS – e-payments volume grows further

10 Jan 23 @ 10:43

Cash is still the most frequently used means of payment at POS, but its share is declining according to the latest study on the payment attitudes of consumers in the... read more

AI4CYBER launches as EU wide cybersecurity research consortium

09 Jan 23 @ 17:33

The newly launched AI4CYBER Consortium will work on AI-based security solutions to ease the life of system developers and operators in managing robustness, resilience and response against sophisticated cybersecurity threats... read more

Santander launches B2B BNPL platform

09 Jan 23 @ 17:00

Santander says it is set to launch a B2B (business-to-business) BNPL service aimed at the corporate sector. In what Santander claims to be the first of its kind, its corporate... read more

Boston Fed and MIT complete feasibility project into US CBDC

09 Jan 23 @ 13:59

A joint research effort between the Federal Reserve Bank of Boston and the Massachusetts Institute of Technology into the technical feasibility of a potential CBDC (central bank digital currency) is... read more

Coinbase settles $100 million anti money laundering failures fine

05 Jan 23 @ 15:59

Coinbase has settled on a $100 million fine and improvements package with regulators for anti money laundering failures. The package includes a backlog of more than 100,000 unreviewed transactions and... read more

Amazon accepts Venmo as A2A payments hit mainstream

05 Jan 23 @ 12:00

The news that A2A payments provider Venmo has been added by Amazon as a payment method feels like a watershed moment. For years, industry chat has talked about the potential... read more

Supply chain challenges mean payments industry changes

05 Jan 23 @ 10:00

A global pandemic and war in Europe haven’t just caused inflation to rise. They’ve also led to interruptions in global supply chains, whether that’s Ukrainian wheat not being shipped to... read more

Flexible, sustainable, secure: why virtual cards make sense for all

04 Jan 23 @ 17:24

As consumer attitudes change and technology develops, it’s time for virtual cards to become more prevalent. According to cloud services firm Mambu, two-thirds of consumers expect their bank to deliver... read more

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

Trending

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

Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

Banks to reinforce cyber defences as AI changes the threat model

22 Apr 26 @ 19:36

Banks are hardening their cyber defences as artificial intelligence begins to alter the economics of digital attacks. For financial institutions, the challenge ... more