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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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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

Want a new job in Tech in 2023? Start looking now

09 Dec 22 @ 09:45

If you’re looking to make your next career move in 2023, don’t let the recent layoffs at some of the biggest names in big tech spook you; the sector remains... read more

2,469 arrested in worldwide crackdown against money laundering

09 Dec 22 @ 08:52

Law enforcement from 25 countries, supported by Europol, Eurojust, INTERPOL and the European Banking Federation (EBF) have joined forces to crack down one of the most important enablers of money... read more

Only Digital Identity can unleash the power of digital finance

08 Dec 22 @ 11:52

As the global economy goes digital, Roland Eichenauer, Head of Business Development at Nets, says Digital Identity is a must-have for banks competing to deliver enhanced customer experiences, improved revenue... read more

Open Banking now a “Must Have” globally

07 Dec 22 @ 10:37

New research shows that Open Banking is now regarded as a key part of the banking landscape, with 99% of respondents considering it either a ‘must have’ or ‘important’, up... read more

Banking on crypto: Should banks enter the crypto market?

07 Dec 22 @ 09:50

In a recent speech, Fabio Panetta of the European Central Bank (ECB) categorized crypto as a “Wild West” investment, describing market activity as a “digital gold rush beyond state control.”... read more

PE on ice over winter as deal values fall during 2022

05 Dec 22 @ 19:27

The rising cost of leverage as well as volatile valuations amidst a global economic downturn and tightening monetary policies have been identified as the greatest challenges facing the private equity... read more

Legal Opinion: EU Proposal for the Regulation of Instant Payments

05 Dec 22 @ 18:14

On October 26, 2022 a proposal for a Regulation amending Regulations (EU) no 260/2012 (SEPA Regulation) and (EU) 2021/1230 (Cross-border Payments Regulation or CBPR2) as regards instant credit transfer in... read more

Central Bank of Turkey launches Open Banking services

02 Dec 22 @ 14:46

The Central Bank of the Republic of Turkey (CBRT) has launched Open Banking services, an important component of the digital economy roadmap of the liraization strategy. The Digital Turkish Lira Collaboration... read more

The European Commission’s proposal for a regulation on instant payments

02 Dec 22 @ 12:05

On 26 October the European Commission (EC) adopted a legislative proposal on instant payments in euro, fulfilling its commitment of the 2020 Retail Payments Strategy for the European Union (EU).... read more

Bank migrations to the cloud face tough new EU rules

02 Dec 22 @ 11:44

Banks and large financial service providers offering their services in the European Union are set to face tough new regulations on services that have, or are planning to move to... read more

BNPL surges during cost of living crisis to 13.5 million UK users

01 Dec 22 @ 17:08

More than one quarter of UK consumers are turning to Buy Now Pay Later (BNPL) schemes, according to Forbes Advisor, which researched consumer behaviour and attitudes towards BNPL service, as... read more

PSR fines Barclays bank £8.4 million for breaking interchange fee rule

01 Dec 22 @ 16:34

The Payment Systems Regulator (PSR) have published the outcome of its latest enforcement case into Barclays bank for failing to comply with the Interchange Fee Regulation (IFR). The PSR found... read more

Battle of the crypto: Bitcoin’s last stand?

01 Dec 22 @ 13:00

The value of bitcoin peaked at $69,000 in November 2021 before falling to $17,000 by mid-June 2022. Since then, the value has fluctuated around $20,000. For bitcoin proponents, the seeming... read more

Court of Appeal unanimously dismisses Mastercard interchange fee appeal

29 Nov 22 @ 17:57

The UK’s Court of Appeal has today dismissed Mastercard’s appeal against the Competition Appeals Tribunal decision in which a class action law suits was bought against the company for unfair... read more

TikTok looks to FinTech market for social commerce platform

29 Nov 22 @ 17:31

TikTok is ramping up its social commerce platform to diversify its revenues amid a slowdown in digital advertising. Social commerce, where users can buy items without leaving the social media... 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