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Is Apple preparing to launch its own payment processing unit?

31 Mar 22 @ 16:18

Oh boy! Apple has been reported to be developing its own payment processing technology and infrastructure such as lending risk assessment, fraud analysis, credit checks, and dispute handling. Part of... read more

Visa sets up NFTs creator programme

31 Mar 22 @ 12:36

Visa has announced it is searching for creators and entrepreneurs who want to sell their work and services using NFTs. The company began accepting applications for a one-year immersive program... read more

79% denied a loan – outdated affordability criteria a key factor

31 Mar 22 @ 12:19

New data from a survey of European consumers on their attitudes and experiences of lending finds many consumers still feel frozen out of the lending bubble, held back by outdated... read more

The Soft Machine: Is soft POS taking over?

30 Mar 22 @ 18:30

As the number of merchants looking to accept digital payments shoots up, cheaper and more capable acceptance systems based on mobile devices are growing fast. James Wood looks at the... read more

Digital payments bloom in Latin America – but fraud flourishes

30 Mar 22 @ 17:34

If markets like Brazil, Colombia and Argentina are digitising their financial services sector faster than anywhere else on Earth, then they are also experiencing rampant fraud attempts in digital channels.... read more

Digital wallets to be adopted by over one third of global population by 2024

30 Mar 22 @ 16:22

The digital wallet market has been steadily growing until 2019 when the coronavirus pandemic began. A new report shows that between 2019 and 2020 the number of users has nearly... read more

E-commerce and payment service providers – opening merchants to global opportunities

29 Mar 22 @ 16:45

Globalization is by no means a new concept. For over two decades, technological innovation has enhanced the international connectedness of local societies, facilitating the rise of a globally-enabled economy. Whereas... read more

Anonymous begins dump of hacked Russian Central Bank data

29 Mar 22 @ 08:45

Anonymous is reported to be publishing a large amount of data which it claims belongs to the Central Bank of Russia (CBR). The release comes after the collective announced it... read more

Deutsche Bank, BNP Baribas and Crédit Agricole shut down in Russia

25 Mar 22 @ 11:02

Deutsche Bank was the first to go of the big European banks, officially announcing it will shut down business in Russia due to the ongoing invasion of Ukraine. Now, BNP... read more

7-Eleven in Japan trialling a new holographic POS system

25 Mar 22 @ 10:00

7-Eleven stores in Japan are now trialling a new holographic POS system that allows customers to make contactless payments using a holographic screen projected from the self-checkout terminal. Developed by... read more

Payments Cards & Mobile Jobs of the Week

25 Mar 22 @ 09:45

If you’re planning to change jobs in the coming months, then you have certainly come to the right place. Our job board is set to be bursting with opportunities this... read more

In-store mobile payments rise 122% in Italy

24 Mar 22 @ 16:40

Nexi has recorded a 122% increase in in-store mobile payments transactions using smartphones in Italy in 2021. The PayTech, which last year processed around 70% of all mobile in-store transactions... read more

Anonymous continues its war on Russia and hack central bank

24 Mar 22 @ 13:48

Anonymous, the hacker collective, is claiming it has hacked the Central Bank of Russia to access sensitive documents within the bank. The hackers, who have been targeting Russian assets since... read more

Is Apple set to launch the Apple Card in the UK next?

24 Mar 22 @ 13:35

There are rumours circulating that Apple has, or is in the process of, purchasing Credit Kudos with an eye to launching its Apple Card in the UK market. The company... read more

Fraud across social media sites hits record highs

23 Mar 22 @ 10:34

Unauthorised financial fraud losses across payment cards, remote banking and cheques totalled £783.8 million in 2020 according to a report by UK Finance, the industry body. In addition, UK Finance... read more

EMI Genome waives fees for displaced Ukrainians

23 Mar 22 @ 09:46

Genome, an Electronic Money Institution licensed and supervised by the Central Bank of Lithuania, has waived its fees for Ukrainian citizens in order to help them open Euro accounts in... read more

BIS Project Dunbar cross-border CBDC initiative deemed a success

22 Mar 22 @ 17:12

The Bank for International Settlements (BIS) has announced the completion of prototypes for a common platform enabling international settlements using multiple central bank digital currencies (CBDC). Project Dunbar as the... read more

OEM pay and chatbot messaging growth explodes globally

22 Mar 22 @ 10:07

A new study has found that the volume of global e-commerce transactions made via OEM Pay will exceed 30.7 billion by 2026; rising from 6.1 billion in 2022. This outstanding growth... read more

Trending

Visa launches Intelligence Commerce Connect tool

14 Apr 26 @ 20:03

Visa is stepping up its push into agentic commerce with the launch of Intelligent Commerce Connect, a new tool intended to help businesses plug into AI-driven s... more

Revolut eyes an IPO, but the valuation story is the real headline

21 Apr 26 @ 14:35

Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more

American Express launches agentic commerce developer kit

16 Apr 26 @ 11:46

American Express is positioning itself early for what could become one of the next major shifts in digital payments: AI agents that do more than recommend produ... more