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European-based crypto apps boomed as downloads soar 560% in 2021

04 Feb 22 @ 15:20

New research from app analytics and marketing platform App Radar has found that 2021 was a record year for crypto apps with over 82.9 million Google Play Store downloads compared... read more

Payments Cards & Mobile Jobs of the Week

04 Feb 22 @ 10:04

As we emerge from the last few years of lockdowns and restrictions, things are really starting to look positive. The world is somewhat returning to normal, and we couldn’t be... read more

Future of payments: Innovation shifts from consumers to businesses

03 Feb 22 @ 16:11

Increasingly blurred boundaries mean that practically anyone can declare themselves a payment provider, using banking-as-a-service to embed payments. Customers can filter this choice through a lens of preference and habit. For firms, complexity... read more

How Bank/FinTech partnerships enable payments transformation

03 Feb 22 @ 15:11

In the first of a two-part series, PCM finds out from Discover Global Network why creative partnerships between FinTech start-ups and established financial institutions are the future. The rapid integration... read more

PayPal shares plunge as company reports decline in volume

03 Feb 22 @ 10:34

Just days after all three major networks provided the market with monster updates, PayPal seems to be feeling the pressure. PayPal shares fell more than 25% in early trading on... read more

India’s Finance Minister announces plan to launch digital Rupee CBDC

02 Feb 22 @ 18:07

India’s central bank says it will launch a digital rupee CBDC in the next financial year, according to the country’s finance minister. “Introduction of a central bank digital currency (CBDC)... read more

EBA launch EuReCA -a central database for AML and counter-terrorism financing

02 Feb 22 @ 10:40

The European Banking Authority (EBA) has launched its central database for anti-money laundering and counter-terrorist financing (AML/CFT). This European reporting System for material CFT/AML weaknesses, EuReCA, will be central to... read more

SEPA Payment Account Access (SPAA) – developing a new scheme

02 Feb 22 @ 10:25

At its 24 November 2021 meeting, the EPC Board accepted the Euro Retail Payments Board’s (ERP) invitation to act as Scheme Manager for a new SEPA Payment Account Access (SPAA)... read more

Digital Identity revenue to exceed $53 billion globally

01 Feb 22 @ 17:19

A new study has found that revenue for digital identity vendors will exceed $53 billion globally in 2026; doubling from $26 billion in 2021. Digital identity revenue includes third-party and... read more

European Central Bank report on card fraud in the euro area

01 Feb 22 @ 13:12

The latest version of the European Central Bank fraud report is now available. The report, Seventh report on card fraud, analyses trends in card fraud in 2019 as reported by... read more

Why embedded payments are vital for B2B businesses as the digital revolution continues

31 Jan 22 @ 16:58

The last decade has seen massive changes in payments – from the advent of digital wallets and contactless transactions through to the rise of crypto and blockchain-based solutions. The past... read more

Interchange fees argument stoked up again by Merchants Payments Coalition

31 Jan 22 @ 13:13

Just days after announcing monster revenue updates, the thorny issue of interchange fees paid by merchants to the networks and issuing banks is back in the spotlight. In a letter... read more

74% of consumer payments to be handled by non-traditional financial service providers

31 Jan 22 @ 10:16

According to a new study, 74% of consumer payments will be handled by non-traditional financial service institutions (FSIs) by 2030. This figure is an increase from 60% in 2020, putting... read more

Visa, Mastercard and American Express post monster revenue updates

28 Jan 22 @ 15:35

Its earning week! Visa topped $7 billion in quarterly revenue for the first time, buoyed by a quicker-than-expected resumption in travel spending and sustained growth in categories like e-commerce that... read more

Tap on Mobile: Meeting merchant demand for more flexible acceptance

28 Jan 22 @ 11:43

In the second part of a two-part series on Tap on Mobile, PCM spoke to Tim Dziubek, Director of Payment Products at Discover Global Network, to learn more about Tap... read more

Payments Cards & Mobile Jobs of the Week

28 Jan 22 @ 09:30

Are you considering applying for a new role in the next few weeks? We don’t blame you, now is the perfect time to change things up! And we’re here to... read more

PSR publishes final report on card acquiring market review

27 Jan 22 @ 17:27

The UK’s Payment Systems Regulator (PSR) has published its final report into its card acquiring market review. The document sets out the regulator’s conclusion that the supply of card acquiring... read more

Apple closes in on SoftPOS market by allowing iPhones to be POS terminals

27 Jan 22 @ 12:39

Apple is rumoured to be launching a new SoftPOS service that will let small businesses accept payments directly on their iPhones without any extra hardware. The company has been working... 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