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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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Long Read: Payment predictions for an industry in flux

25 Jan 22 @ 12:07

Thanks to the pandemic, consumers have become accustomed to doing almost everything online, accelerating digital transformation and embedding new behaviours. After a 5% in global payment revenues in 2021, the... read more

Cross border commerce a $156 trillion opportunity in 2022

24 Jan 22 @ 16:51

Cross border commerce globally is a multi-trillion dollar opportunity and it is ripe for disruption in both SMBs and Enterprise businesses alike. Cross-border payment flows are expected to reach a... read more

Annual Future of Fraud Forecast predicts five key threats

24 Jan 22 @ 12:13

Experian has released its annual Future of Fraud Forecast, which reveals five fraud threats for the new year. With consumers continuing to take a digital-first approach to everything from shopping,... read more

UK failing in fight against economic crime report reveals

24 Jan 22 @ 10:26

Spotlight on Corruption, an anti-graft charity, says economic crime costs the UK hundreds of times more than the government spends fighting it each year. Spotlight on Corruption, says in its... read more

Payments Cards & Mobile Jobs of the Week

21 Jan 22 @ 09:27

Have you ever stopped to think about how fintech affects your day-to-day life? – asks Rebecca O’Keeffe, Content Manager at Jobbio. How about when you pay for your morning coffee... read more

BNPL keeps growing – The sector badly needs regulation

20 Jan 22 @ 18:04

Here at Payments Cards & Mobile, it can be hard to keep track of all the good news stories flying around about the “Buy Now, Pay Later” (BNPL) segment. Record... read more

E-commerce payment transactions to exceed $7.5 trillion globally

20 Jan 22 @ 17:36

A new study has found that the value of global e-commerce payment transactions will exceed $7.5 trillion by 2026, from $4.9 trillion in 2021. This growth rate of 55% over... read more

FCA review shows evidence of growing competition to Big 4 in retail banking

20 Jan 22 @ 17:17

In an update to its 2018 strategic review of retail banking, the FCA found that, while still strong, there are signs large banks’ historic advantages are starting to weaken, driven... read more

The crypto question: Market movement ramps up the debate

19 Jan 22 @ 12:53

Following the October 2020 launch of a “sand dollar” by the Bahamian Central Bank, other markets are making moves to normalise the use of cryptocurrencies in their economies with varying... read more

Video Interview: Transit payments – a market in transformation

19 Jan 22 @ 12:28

Welcome to PCM Bitesize – a series of short, informative videocast with experts in their fields. As the world recovers from the pandemic, users around the world are returning to... read more

The trend to embedded finance: Taking control of the customer

19 Jan 22 @ 11:04

Businesses around the world are increasingly looking to embed financial services into their customer proposition. This trend to embedded finance allows companies to take control of the end-to-end customer journey... read more

Is 2022 the year that Banks finally change for good?

18 Jan 22 @ 15:39

The more things change, the more they stay the same. Looking back at 2021 – which promised to be the year that the industry realised the full potential of data-driven transactions, instant... read more

Report: State of Mobile 2022

18 Jan 22 @ 14:32

Mobile continues to dominate as consumers spent a record 3.8 trillion hours on mobile in 2021, according to the State of Mobile 2022 report by App Annie. The company revealed... read more

PSR fines five companies for cartel behaviour in the prepaid cards market

18 Jan 22 @ 08:42

In March last year Payments Cards & Mobile reported that the Payment Systems Regulator (PSR) has set out provisional accusations for five payments companies including Mastercard, in which it stated... read more

Prepaid card transaction value to exceed $4.1 trillion Globally

17 Jan 22 @ 12:39

A new study has found the value of transactions made over prepaid cards will exceed $4.1 trillion globally in 2026; up from $2.3 trillion in 2021 – a substantial growth... read more

Stolen credit card darknet marketplace UniCC closes its browser

17 Jan 22 @ 12:11

The administrators of the largest illegal marketplace on the darknet, UniCC, renowned or indeed infamous for stolen credit cards, are retiring after making an estimated $358 million (£260 million). The... read more

2021 a record year for crime linked cryptocurrency wallets

17 Jan 22 @ 11:36

2021 has gone on record as being the year criminals used a record amount of cryptocurrency for illicit purposes, but the overall growth of digital asset markets outstripped the rise... read more

Unlocking the power of total data to build greater customer loyalty

14 Jan 22 @ 15:56

One of the key principles underpinning the digital economy is that data is ‘the new oil’. But what does this mean? In truth, it’s an imperfect analogy. A quick Google... 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