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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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What does the future hold for the ATM market?

11 Mar 22 @ 11:51

Much has been made of the death of cash and more recently the decline of the ATM estate worldwide, but the industry is still expected to reach $29.89 billion by... read more

The Mobile Money Regulatory Index report

11 Mar 22 @ 10:49

The GSMA have produced the Mobile Money Regulatory Index (MMRI), a unique tool for the assessment of the effectiveness of mobile money regulatory frameworks. Mobile money provides arguably the most economically viable... read more

Payments Cards & Mobile Jobs of the Week

11 Mar 22 @ 09:41

With so much going on in the world looking for a new job could be seen as a bit trivial? That said, if you are looking, check out these brilliant... read more

US retail sales rise 8.7% Year-over-Year

10 Mar 22 @ 16:21

US consumer spending maintained positive momentum in February, according to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment. Overall retail sales excluding auto increased 8.7%... read more

Dangerous tides from Russian sanctions pull on Eurozone bank recovery

10 Mar 22 @ 15:35

One of Italy’s major banks, UniCredit, has issued a stark warning that it may have to face losses of about €7 billion in an “extreme scenario” whereby its entire Russian... read more

Mastercard interchange class action hits £14 billion – deceased now included

10 Mar 22 @ 12:04

As per previous Payments Cards & Mobile reports, former financial services ombudsman Walter Merricks is bringing, a now £14 billion interchange fees claim, on behalf of around 46 million people... read more

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

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