25 Nov 22 @ 16:38

UOKiK, the Polish regulator  for Competition and Consumer Protection, is reported to have started proceedings against PayPal over possible prohibited contractual provisions, adding that the possible fine could amount to... read more

25 Nov 22 @ 12:37

“I personally think that bitcoin is worthless,” Jamie Dimon, chief executive officer of JPMorgan Chase, said in 2022, reiterating a past remark. But the banking giant will offer its clients exposure... read more

24 Nov 22 @ 17:03

In a recent speech by Mr. Pablo Hernández de Cos, Governor of the Bank of Spain, at the 20th Anniversary Conference of the BIS Representative Office for the Americas, he spoke... read more

24 Nov 22 @ 16:45

It has been a good week for the guardians of the payments industry. We are very often writing of the upward trends in fraud and the latest channels to be... read more

24 Nov 22 @ 16:00

The latest report of UK credit card trends — for September 2022 — provides clear signs of consumer indebtedness as the cost of living crisis impacts finances. Analysis of the... read more

23 Nov 22 @ 18:08

Project New Era is a privately led initiative by the Digital Financial Market Infrastructure Consortium (DFMI), evaluating the path towards a retail Central Bank Digital Currency (CBDC) in the UK.... read more

23 Nov 22 @ 17:20

A new study has found the total number of merchants deploying soft POS solutions will surpass 34.5 million globally by 2027, rising from 6 million in 2022. Soft POS enables... read more

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

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

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

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

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

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

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

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

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

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

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