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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

J.P. Morgan launch Open Banking play with “Pay-by-Bank” in US

14 Nov 22 @ 09:23

Consumers are looking for greater choices like mobile payments, crypto wallets, and person-to-person payment apps, which are taking their place alongside staple payment methods like cards and bank-to-bank ACH payments.   The latest... read more

FTX goes Bang – files for bankruptcy

11 Nov 22 @ 16:51

Yesterday we reported a bad day for crypto as one of the biggest crypto exchanges sent shock wave through the industry. Today, FTX has filed for bankruptcy protection. The company... read more

Open Banking APIs offer £1 billion monetisation potential for banks

11 Nov 22 @ 13:42

Considerable opportunities exist for banks to monetise their Open Banking APIs for both internal and external-facing use cases, according to a report released by Mobey Forum’s Open Banking Expert Group.... read more

E-commerce falling and fraud among consumers rising as buyers tighten belts

11 Nov 22 @ 10:55

Faced with high inflation and soaring energy prices, consumers are turning to their darker sides and scamming e-commerce retailers in order to get free products, according to an analysis published... read more

Retailers grow ‘Recommerce’ as demand for cost efficient shopping increases

10 Nov 22 @ 18:09

New research reveals retailers are introducing more sustainable ways to buy and sell products and services – Recommerce – amidst pressure from consumers to shop more consciously and reduce their... read more

Another bad day for Crypto as FTX crisis deepens

10 Nov 22 @ 17:36

It has not been a good week for Bitcoin and crypto in general as contagion fears, fed by the fall of FTX, swept across the industry. Bitcoin dropped 11% to... read more

US banks pay $1 billion in ransomware in 2021

10 Nov 22 @ 17:00

US banks have reported they have collectively made more than $1 billion in ransomware-related payments in 2021 — more than double the amount from the previous year and the most... read more

Has Elon Musk set his sights on the payments industry via Twitter acquisition?

09 Nov 22 @ 18:01

Elon Musk has taken over as CEO of Twitter. There may be many reasons why the worlds nuttiest (richest) man paid $44 billion for the loss making enterprise including to... read more

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more