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Bank of England warns of systemic risk from crypto in the Metaverse

21 Nov 22 @ 18:18

Cryptoassets could have important roles within the Metaverse – a decentralised, immersive next generation of the internet. Cryptoassets enable verifiable ownership of digital items, and when built to common standards,... read more

E-commerce payment card spending worldwide hits $2 trillion

21 Nov 22 @ 17:50

A new study shows that a record $7.7 trillion was spent on e-commerce using payment cards in 2020. Periods of lockdown and other restrictions on everyday life across the globe... read more

More than 60% of financial apps are not protected from malware injections

21 Nov 22 @ 17:14

Promon, responsible for uncovering the critical Android vulnerabilities StrandHogg and StrandHogg 2.0, has discovered a new malware threat to Android’s worldwide userbase. Promon tested 384 financial services apps available on... read more

Digital wallet users to exceed 5.2 billion globally by 2026

18 Nov 22 @ 14:09

A new study has found that the total number of digital wallet users will exceed 5.2 billion globally in 2026, up from 3.4 billion in 2022; representing strong growth of over... read more

What are UWB Peer-to-Peer payments?

18 Nov 22 @ 13:28

It was recently announced that ING Bank was to pilot Project NEAR, ING’s industry’s first UWB Peer-to-Peer payments application. The pilot program will leverage UWB-enabled Samsung Galaxy smartphones1 to allow consumers... read more

Nearly half of the finance industry have adopted Open Banking

18 Nov 22 @ 12:57

Nearly half (43%) of all large financial institutions have already adopted Open Banking according to a new report from API-driven identity management company Curity. The Facilitating the Future of Open... read more

The time for women’s leadership at work is right now

18 Nov 22 @ 09:45

Women in the UK are still only paid 90p for every £1 earned by a man, and while there has been an overall decline in the gender pay gap –... read more

The current state of enterprise blockchain

17 Nov 22 @ 18:04

Enterprises use a permissioned blockchain — known as an enterprise blockchain — to speed up business processes, improve transparency, and reduce costs. The private nature of enterprise blockchains makes them... read more

Growth in APP fraud expected to double by 2026

17 Nov 22 @ 14:02

APP fraud (Authorised Push Payment) losses are on the rise and expected to climb to $5.25 billion across the US, UK and India by 2026 — a record CAGR of 21%... read more

ECB issues stark warning over growing risk to EU financial system

17 Nov 22 @ 11:11

The European Central Bank (ECB) has issued a dire warning that a compounding combination of recession, soaring inflation, rising funding costs and lower liquidity is threatening the euro area financial... read more

Feature: Time for Brazil to get Real?

16 Nov 22 @ 18:09

With a young, dynamic population and a growing economy, Brazil is a hot market for global payments players. But will endemic fraud problems and technical challenges blunt its attraction? There’s... read more

US Banks launch pilot for regulated digital asset settlement platform

16 Nov 22 @ 17:54

Members of the US banking community have launched a proof of concept (PoC) project that will explore the feasibility of an interoperable digital money platform known as the regulated liability... read more

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

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