20 Oct 22 @ 13:12

The use of cash around the world dropped by one-third last year according to the World Payments Report 2022. This huge reduction in cash use happened as growing numbers of... read more

18 Oct 22 @ 10:05

Plaid has published its third annual report entitled The Fintech Effect, revealing that 84% of UK consumers are using FinTech to manage their money in 2022, with broad adoption across demographic... read more

18 Oct 22 @ 09:12

In this article we look at the effect of an economic slowdown on payment choices, and ask whether BNPL will continue to be the poster-child of payments in this new... read more

17 Oct 22 @ 16:45

Nets has launched a new product that helps banks which are currently struggling to collate and interpret customer payment data. Time and budget constraints mean most banks do not keep up... read more

17 Oct 22 @ 16:04

As implementation of the EU’s Strong Customer Authentication (SCA) moves from a “soft” to “hard” state – that is, with liability transferring to those merchants that don’t employ SCA –... read more

17 Oct 22 @ 10:21

A new white paper from Compass Plus Technologies asks a pertinent question often overlooked in discussions around payments business legacy system replacement: in an industry that is increasingly embracing alternative... read more

13 Oct 22 @ 11:19

UK Finance has released its latest fraud report covering H1 2022. The report shows that while the end of the pandemic has seen a fall in overall fraud losses, some... read more

13 Oct 22 @ 11:04

The European Council’s Permanent Representatives Committee has approved MiCA, the Markets in Crypto-Assets regulation text, and sent it to the chair of the European Parliament Committee on Economic and Monetary... read more

13 Oct 22 @ 10:34

A dark web marketplace named BidenCash has released a massive file of 1.2 million credit cards data to promote the marketplace, allowing anyone to download them for free to conduct... read more

12 Oct 22 @ 16:53

A new study has found that the total cost of e-commerce fraud to merchants will exceed $48 billion globally in 2023, from just over $41 billion in 2022. It predicts... read more

12 Oct 22 @ 11:06

It has been almost a year and a half since Deutsche Bank and Fiserv announced the founding of a joint venture for the German market called FSDB Merchant Services GmbH.... read more

12 Oct 22 @ 08:13

In Q1 2021, Mastercard saw 1 billion more contactless transactions compared to the same period in 2020, and in Q2 2021, 45% of all in-person checkout transactions globally were contactless.... read more

11 Oct 22 @ 17:10

The Reserve Bank of India has said it will pilot a digital rupee for specific use cases and also released a concept note on Central Bank Digital Currency (CBDC). The... read more

11 Oct 22 @ 13:23

Cheque usage continues to decline for business-to-business (B2B) payments in US and Canada (North America), falling to an all-time low of 33% since AFP (Association for Financial Professionals) began tracking this... read more

10 Oct 22 @ 15:20

Research conducted by Celent has revealed that, in response to commercial pressures and changing scheme and regulatory requirements, payments processing is transforming from a commodity to a business, creating compelling... read more

10 Oct 22 @ 13:08

A new report on the recovery of the payments industry suggests the global payments industry demonstrated its resilience again in 2021, more than recouping the revenue erosion experienced in 2020,... read more

10 Oct 22 @ 12:28

Over the weekend, Binance, the world’s biggest crypto exchange suffered a cyber hack that has culminated in a estimated loss of around $570 million and further damages the struggling digital... read more

07 Oct 22 @ 11:16

The rise of central bank digital currencies (CBDCs) is a global phenomenon. As of August 2022, two central banks have formally launched a CBDC: the Central Bank of the Bahamas... read more