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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

Amazon threatens to derail the card network train with Venmo

09 Nov 22 @ 17:23

The news that Amazon will now allow its US customers to make payments through Venmo alongside the card schemes at its checkout is momentous. While Amazon already offers many payment... read more

World Payment Report 2022

09 Nov 22 @ 13:36

The latest edition of the World Payment Report 2022 is now live. As we can all acknowledge, work, shopping, travel, entertainment, services, and commerce all look a bit different from... read more

Worldline to acquire Banco Desio merchant acquiring activities

08 Nov 22 @ 13:45

Worldline has signed of a binding agreement for the acquisition of Banco Desio’s merchant acquiring activities and the planned set-up of a commercial partnership aiming to leverage Banco Desio’s banking network in order to distribute... read more

Study reveals password usage still dominates financial services

07 Nov 22 @ 18:02

The FIDO Alliance published its second annual Online Authentication Barometer, which gathers insights into the state of online authentication in 10 countries across the globe. New to the Barometer this... read more

Billions of dollars being spent by individuals and corporation in Metaverse land grab

07 Nov 22 @ 11:27

Nearly $2 billion (£1.75 billion) has been spent in the Metaverse on virtual land in the past 12 months, as people and companies race to get a foothold in the... read more

Interview: The trends accelerating biometric payment card adoption

07 Nov 22 @ 10:37

2022 has witnessed biometric payment card adoption reach new heights. Multiple recent launches in the Middle East highlight the technology’s global interest, but what external factors are accountable for this... read more

BIS and central banks explore cross-border CBDC using DeFi

04 Nov 22 @ 12:18

The BIS Innovation Hub is launching a new project around central bank digital currencies (CBDCs) and Decentralised Finance (DeFi) protocols as part of its 2022 work programme. Project Marianaexplores automated market... read more

Report: Millennials lead Gen Z for FinTech adoption

04 Nov 22 @ 11:30

A new study from FIS finds Millennials in the US are more open to adopting new and digitally-oriented financial experiences, including those enabled through embedded finance experiences than other generational... read more

5 signs you know your job is secure

04 Nov 22 @ 09:45

If Elon Musk’s acquisition of Twitter has taught us anything, it’s that no job—even at C-suite level—is 100% secure. Just ask Twitter’s former CEO Parag Agrawal and other top company... 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

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more