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
07 Oct 22 @ 09:17
Visa has shared an updated look at how fraud has evolved since the height of the pandemic, with criminals simultaneously targeting online and offline vulnerabilities as our daily lives return... read more
07 Oct 22 @ 09:00
Recently, Great Place to Work revealed its list of Europe’s Best Workplaces for 2022. In the Multinational rankings, 25 huge companies, many of them household names, came out on top.... read more
06 Oct 22 @ 16:15
Businesses are in danger of failing to embrace the opportunity that the upcoming Consumer Duty regulation presents and may not be compliant due to a failure to prepare. New research... read more
06 Oct 22 @ 09:37
More than 340 million Europeans carry euro banknotes and coins around as cash and pay in euro when they shop online. One of the key ECB responsibilities, alongside its main... read more
06 Oct 22 @ 09:29
ABN AMRO says it will introduce a new streamlined product, ID & pay, an app that replaces cumbersome onboarding and payment processes with a single online identification and payment functionality... read more
05 Oct 22 @ 16:54
SWIFT says that it has demonstrated that Central Bank Digital Currencies (CBDCs) and tokenised assets can move seamlessly on existing financial infrastructure – a major milestone towards enabling their smooth... read more
05 Oct 22 @ 12:23
A significant class action lawsuit has been served against Visa and Mastercard at the UK’s specialist competition tribunal on behalf of a large number of claimants seeking damages for allegedly... read more
05 Oct 22 @ 09:00
The Federal Reserve Board has finalised updates to the its rule concerning debit card transactions. Pursuant to statute, the updates specify that debit card issuers should enable at least two... read more
30 Sep 22 @ 09:26
A new report from leading financial research firm East & Partners in partnership with Payments Cards & mobile, claims banks are lagging far behind their clients’ expectations when it comes... read more
30 Sep 22 @ 09:15
Neobanks have grown immensely as a result of the COVID-19 pandemic and the increased demand for digital financial services. 8% of US adults and millions more people all over the... read more
30 Sep 22 @ 09:00
The US has been applying considerable pressure on countries it sees as helping Russia evade the sanctions placed on it due to its invasion of Ukraine. This week, three Turkish... read more
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
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
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