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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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APP fraud hit £355.3 million – overtakes card fraud for the first time

09 Mar 22 @ 16:56

Which? A consumer rights and protection website has analysed new data and says that every hour, APP fraud (Authorised push payment fraud) victims lose more money than the average UK... read more

US Merchants ask Congress to investigate interchange fees

09 Mar 22 @ 12:21

The Merchants Payments Coalition (MPC) has called on Congress to investigate Visa and Mastercard’s anticompetitive interchange fees and dominance over the US credit and debit card markets, citing President Biden’s... read more

The dawn of the new banking landscape

09 Mar 22 @ 10:41

The global transformation of banking and payments has only accelerated over the past few years, and between web trends and a global pandemic, the industry has seen disruption from all... read more

Considerations for merchants looking to embrace faster, smarter B2B payments

08 Mar 22 @ 16:42

B2B payments are continuing to evolve rapidly as merchants look to meet and exceed customer expectations. Today’s B2B businesses are recognising the pressing need to develop a future-ready and resilient... read more

Coinbase and Binance adhere to US sanctions by blocking crypto wallets

08 Mar 22 @ 15:57

Coinbase says it has blocked over 25,000 wallet addresses related to Russian individuals or entities that it believes to be engaging in illicit activity. The blocked addresses represent about 0.2%... read more

Banks embrace the brave new world of AI

08 Mar 22 @ 10:17

While physical branches may be dwindling in number, and digital transactions comprise the bulk of bank-customer interactions, the need for consistent and quick customer service has not changed. What has... read more

M-Pesa – 51 million users in 7 countries – turns 15

07 Mar 22 @ 10:45

Vodafone, and its African subsidiaries Vodacom and Safaricom, are today, marking the 15th anniversary of M-Pesa, the service launched in March 2007 to enable money transfers between people using 2G... read more

Visa, Mastercard and American Express stop Russian operations

07 Mar 22 @ 10:01

Visa, Mastercard and American Express have suspended operations in Russia. The decision followed a request by Ukraine’s President Volodymyr Zelensky and threatens to further isolate a Russian economy facing crippling... read more

VTB Bank withdraws from Europe as sanction hit

07 Mar 22 @ 09:36

Just days after Sberbank announced its collapse in Austria and subsequent withdrawal from the European banking sector, VTB Bank has also announced it will quit Europe. VTB Bank is Russia’s... read more

SCA adoption in the UK is still a problem – can it be fixed?

04 Mar 22 @ 12:57

As the fourth anniversary of PSD2 comes and goes, it’s time to reflect on the success of some of its provisions. Strong Customer Authentication (SCA) was introduced across the EU... read more

What every non-financial business should know about Banking-as-a-Service

04 Mar 22 @ 12:29

For years, the cost and complexity of building financial services have restricted everyone but banking institutions from the space. Any non-financial brand that wished to offer its own lending or... read more

Payments Cards & Mobile Jobs of the Week

04 Mar 22 @ 09:49

If you’re looking for a new job, you have come to the right place.  Check out some of the great openings from our job board now. Data Engineer, Railsbank Railsbank... read more

Successfully implementing Artificial Intelligence: Four main challenges

03 Mar 22 @ 17:52

Innovations are essential for progress. This is the case in general, but especially in a dynamic industry like digital payments. To meet the ever-growing consumer demands for simple and frictionless... read more

EU watchdog calls for fresh and fast regulation on digital finance

03 Mar 22 @ 12:42

According to European regulators, rapid action is needed to update how cross-border digital finance services are scrutinised within the region and consumers are protected as the sector becomes digitalised with... read more

Sberbank pulls out of Europe as Austrian entity fails

03 Mar 22 @ 11:29

Sberbank has announced it has been forced to pull out of the European market, after it said it faced large outflows of cash in the region as well as threats... read more

Payment card technology revenue to exceed $11.7 billion globally

02 Mar 22 @ 17:58

A new study has found that global payment card shipment revenue for technology companies will reach $11.7 billion in 2026, from $9.7 billion in 2022. This 20% increase reflects new... read more

EU pulls trigger on Russia Swift ban – but will it be effective?

02 Mar 22 @ 16:58

The European Union has announced it will exclude seven Russian banks from the Swift messaging system but stopped short of including those handling energy payments. However, there are those questioning... read more

Report: Mobile wallet and the rise of the Super App

02 Mar 22 @ 12:26

The mobile wallet industry has seen significant advances in the last decade, changing the way people manage and spend their money, and the tasks that these wallets can perform have... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more