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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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Why merchants don’t need to buy fraud insurance to cover everything

22 Aug 22 @ 10:58

The discipline of fraud prevention has changed dramatically over the past five years and continues to evolve rapidly. Consequently, former truths about fraud prevention are increasingly becoming outdated myths. In... read more

The top 5 ransomware statistics from the last year

19 Aug 22 @ 14:08

Cybercriminal gangs launch ransomware attacks to encrypt businesses’ sensitive data and get paid a significant ransom. Sometimes hackers even use a method called double extortion. They threaten the organization to... read more

BLIK Q2: 300 million transactions in one quarter

19 Aug 22 @ 13:42

In Q2 2022, BLIK users completed 292 million transactions worth PLN 38.7 billion (€8.14 billion). At that time, the number of payments in traditional payment terminals was growing the fastest... read more

Want to grow your career? Join a Futurecorn

19 Aug 22 @ 13:16

Earlier this year Viva Technology unveiled its predictions for Europe’s top 100 scale-ups: ​​the “futurecorn” companies on track to become unicorns in the near future, with the UK having more... read more

The new Open Banking era needs better, smarter KYC

17 Aug 22 @ 09:00

In a new white paper, transaction security specialists Ondato explain why the rapid development of Open Banking across Europe means banks, merchants and PSPs must turn to smarter, joined-up KYC... read more

Digital payments: mixed outlook for card payments and stagnation of ATM

16 Aug 22 @ 16:34

A year ago, the Economist Intelligence Unit (EIU) published a white paper, Going digital: payments in the post-Covid world, that showed how digital channels were replacing traditional modes of payments... read more

Financial inclusion drives traffic at ATMs for cash withdrawals

16 Aug 22 @ 13:25

Customers around the world made 69 billion cash withdrawals in 2021. This marks a small increase on 2020, a year with particularly low demand for cash as COVID-19 lockdowns kept... read more

Tap to Mobile: How micromerchants are adapting to a cashless world

16 Aug 22 @ 12:03

A new white paper from Tietoevry explains how categories of merchants traditionally reliant on cash are now adapting to a cashless world. After COVID-19, Europe’s long and slow decline in... read more

Apple Card: An important lesson in Issuing a digitally native card

12 Aug 22 @ 13:55

When Apple launched its Apple Card credit card in 2019, it was touted as a gamechanger, with the usual levels of simplicity and transparency that users expect from Apple products. Behind the... read more

Russian Central Bank want to eradicate “toxic” foreign currencies from system

12 Aug 22 @ 13:29

The Central Bank of the Russian Federation wants the government to order state companies to convert their foreign-exchange holdings into the currencies of countries that haven’t joined sanctions imposed by... read more

UNCTAD wants action to curb cryptocurrencies in developing countries

12 Aug 22 @ 12:04

Global use of cryptocurrencies has increased exponentially during the COVID-19 pandemic, including in developing countries. While these private digital currencies have rewarded some, and facilitate remittances, they are an unstable... read more

Which countries are most reliant on cash and which are least reliant

11 Aug 22 @ 13:48

Since Merchant Machine’s analysis of the countries most reliant on cash in 2021, countries around the world have seen further changes in their payment methods. In light of this, the research... read more

Reserve Bank of Australia to explore use cases for CBDC

11 Aug 22 @ 13:35

The Reserve Bank of Australia is collaborating with the Digital Finance Cooperative Research Centre (DFCRC) on a research project to explore use cases for a central bank digital currency (CBDC).... read more

Cybercrime and how attackers target the Metaverse

10 Aug 22 @ 12:32

The metaverse is the growing digital realm that uses augmented reality, virtual reality, blockchain, social media, and a host of other technologies to create a vast virtual world. Companies looking... read more

Online marketplaces now responsible for over £280 billion business turnover in UK

10 Aug 22 @ 11:58

New research from Shieldpay and the Centre for Economics and Business Research (Cebr) has found that almost 900,000 (882,900) UK businesses are currently selling on online marketplaces, generating an estimated £282... read more

Remittances sent worldwide jump over 60% to $653 billion

09 Aug 22 @ 13:50

Remittances sent worldwide have increased 64.3% in the past decade, rising from $420.1 billion 10 years ago to $653.4 billion in the last year*, according to research by ACE Money... read more

US sanctions Tornado Cash over systematic money laundering

09 Aug 22 @ 10:29

The US has imposed sanctions on Tornado Cash, a crypto “mixing service” that they say has laundered more than $7 billion over the past three years and helped North Korean... read more

Long Read: Payments regulation and the systemic perimeter

08 Aug 22 @ 16:26

On 20 July 2022, HM Treasury published a consultation and call for evidence on the government’s approach to reforms to the payments regulation landscape, including the systemic payments perimeter of the... 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