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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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Intesa Sanpaolo cashes in on sale of Nexi shares

16 Nov 22 @ 12:00

Intesa Sanpaolo, Italy’s largest bank by assets and market share, has sold its entire 5.1% stake in Nexi for €584 million. Nexi, one of Europe’s biggest payments groups, recently reported... read more

Knocked down but not out: the return of cash

15 Nov 22 @ 17:28

The Covid-19 pandemic had a significant impact on people’s payment habits, with cash use falling significantly, and by more than other payment types. This has led to some concerns that... read more

Embedded payments – What does the future look like?

15 Nov 22 @ 16:25

As part of our ongoing quest to demystify the hype and find the truth in payments, we take a look at the latest buzz-word, “embedded payments” and ask what it... read more

As FinTechs go for product-led growth, quality matters most

15 Nov 22 @ 15:20

Today’s neobanks and FinTechs want to expand the range of services they offer customers. Adrian Marinica, Technical Manager at Maxcode explains why quality – from product design and development through... read more

CBDC takes centre stage both sides of the Atlantic

14 Nov 22 @ 17:15

It was not that long ago that everybody was wondering what CBDC (Central Bank Digital Currency) was – furthermore, many who did no saw no real application for it behind... read more

Spanish banks getting ahead of the game with digital euro trial

14 Nov 22 @ 16:19

29 Spanish banks have shared their plans to pilot digital euro payments during a Proof of Concept that they hope to implement this year. The banks, including BBVA, Sabadell, Santander, ING... read more

J.P. Morgan launch Open Banking play with “Pay-by-Bank” in US

14 Nov 22 @ 09:23

Consumers are looking for greater choices like mobile payments, crypto wallets, and person-to-person payment apps, which are taking their place alongside staple payment methods like cards and bank-to-bank ACH payments.   The latest... read more

FTX goes Bang – files for bankruptcy

11 Nov 22 @ 16:51

Yesterday we reported a bad day for crypto as one of the biggest crypto exchanges sent shock wave through the industry. Today, FTX has filed for bankruptcy protection. The company... read more

Open Banking APIs offer £1 billion monetisation potential for banks

11 Nov 22 @ 13:42

Considerable opportunities exist for banks to monetise their Open Banking APIs for both internal and external-facing use cases, according to a report released by Mobey Forum’s Open Banking Expert Group.... read more

E-commerce falling and fraud among consumers rising as buyers tighten belts

11 Nov 22 @ 10:55

Faced with high inflation and soaring energy prices, consumers are turning to their darker sides and scamming e-commerce retailers in order to get free products, according to an analysis published... read more

Retailers grow ‘Recommerce’ as demand for cost efficient shopping increases

10 Nov 22 @ 18:09

New research reveals retailers are introducing more sustainable ways to buy and sell products and services – Recommerce – amidst pressure from consumers to shop more consciously and reduce their... read more

Another bad day for Crypto as FTX crisis deepens

10 Nov 22 @ 17:36

It has not been a good week for Bitcoin and crypto in general as contagion fears, fed by the fall of FTX, swept across the industry. Bitcoin dropped 11% to... read more

US banks pay $1 billion in ransomware in 2021

10 Nov 22 @ 17:00

US banks have reported they have collectively made more than $1 billion in ransomware-related payments in 2021 — more than double the amount from the previous year and the most... read more

Has Elon Musk set his sights on the payments industry via Twitter acquisition?

09 Nov 22 @ 18:01

Elon Musk has taken over as CEO of Twitter. There may be many reasons why the worlds nuttiest (richest) man paid $44 billion for the loss making enterprise including to... read more

Amazon threatens to derail the card network train with Venmo

09 Nov 22 @ 17:23

The news that Amazon will now allow its US customers to make payments through Venmo alongside the card schemes at its checkout is momentous. While Amazon already offers many payment... read more

World Payment Report 2022

09 Nov 22 @ 13:36

The latest edition of the World Payment Report 2022 is now live. As we can all acknowledge, work, shopping, travel, entertainment, services, and commerce all look a bit different from... read more

Worldline to acquire Banco Desio merchant acquiring activities

08 Nov 22 @ 13:45

Worldline has signed of a binding agreement for the acquisition of Banco Desio’s merchant acquiring activities and the planned set-up of a commercial partnership aiming to leverage Banco Desio’s banking network in order to distribute... read more

Study reveals password usage still dominates financial services

07 Nov 22 @ 18:02

The FIDO Alliance published its second annual Online Authentication Barometer, which gathers insights into the state of online authentication in 10 countries across the globe. New to the Barometer this... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more