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Open Banking growth accelerating around the world – except US

23 May 22 @ 16:23

New data from the UK’s Open Banking Implementation Entity (OBIE) shows products in-market and user numbers accelerating. Meanwhile, major European markets such as France and Germany are moving from strategy... read more

Open Banking powers up BNPL for banks and merchants

23 May 22 @ 09:33

A new white paper from European digital payments leader Worldline argues that financial institutions and merchants should take advantage of Open Banking’s power to unlock and grow Buy Now Pay... read more

Online consumer shopping behaviour: Digital wallets taking over

20 May 22 @ 12:49

Worldline has published a research report which highlights the latest insights in online shopping and digital wallets. The findings show that convenience, payment options, price and ethical concerns are some... read more

CMA clarifies definition of Variable Recurring Payments for Sweeping

20 May 22 @ 12:24

In July 2021, the CMA mandated the use of variable recurring payments (VRPs) as the mechanism for implementing sweeping under item A10 of the Roadmap (the July letter). In the... read more

Fraud Insights Report: Identifying emerging threat patterns

19 May 22 @ 14:39

The 2022 NICE Actimize Fraud Insights Report identifies and analyses the leading fraud threats and patterns that impacted leading global financial institutions in 2021. Noting that banking fraud continues to... read more

Payments Systems Regulator: The future for cryptocurrency and crypto assets

19 May 22 @ 12:55

The cryptocurrency and assets market has grown significantly and is now worth £1.6 trillion globally. In the UK, over 2.3 million consumers now hold some form of cryptoasset. With such... read more

Interview: Where is the industry with biometric payment cards

19 May 22 @ 12:26

Digital wallets and account-to-account payments are growing fast – but contactless cards are currently Europe’s most popular way to pay, and will remain central to the payments mix. With fraud... read more

Interview: The future of banking is phygital

18 May 22 @ 12:19

Traditional banks and neobanks have complementary strengths. Phygital banking services combine the best of both worlds and create new, exciting customer experiences. Phygital services are considered “the next big thing”... read more

A spotlight on digital escrow for the payments sector

18 May 22 @ 11:10

Few would disagree that innovation is core to the payments sector, where speed and ease has been the defining factor for decades. But today it’s no longer just about the... read more

World Retail Banking Report 2022 – Data key to the future

17 May 22 @ 16:36

The competitive playing field for banks is evolving quickly, introducing agile new competitors and challenging traditional formulas for success. Customers, not products or business lines, are the centre point of... read more

Mastercard launch biometric facial recognition for POS payments

17 May 22 @ 16:10

Mastercard says it will trial a biometric payment system for physical stores, using facial recognition biometrics rather than contactless cards, smartphones or memorable PINs. The Biometric Checkout Program, as it... read more

DMA delay causes anger as European user data is shared 376 times per day

17 May 22 @ 11:30

It was widely reported that the EU’s Digital Markets Act (DMA), designed to reign in Big Tech in Europe, has been delayed and will now come into force in early... read more

BNPL fraud – Tackling the challenges of fraud and scams

16 May 22 @ 17:59

Buy Now, Pay Later (BNPL) financing has become hugely popular over the last few years. However, as the industry grows and providers expand their offerings, BNPL fraud is likely to... read more

Stablecoins crisis – What happened to the $3.5 billion Terra reserve?

16 May 22 @ 11:14

The crisis engulfing one of the world’s biggest stablecoins has worsened, inflaming regulators’ concerns over the assets that underpin the global cryptocurrency market. The episode has poured fresh fuel on... read more

Debit cards dominate across Europe as cash recedes and digital grows

13 May 22 @ 13:00

New data from PCM’s Digital and Card Payments Yearbooks 2022 reveals the overwhelming dominance of debit cards across the continent, with around seven in ten of all cards issued in... read more

The cool Nordics attract hot FinTech action

13 May 22 @ 10:40

With a combined population of 27 million digitally-savvy consumers, the Nordic region is rapidly becoming a FinTech hotspot. As the Yearbooks outline in detail, the frenetic buzz of activity around... read more

Payments Cards & Mobile Jobs of the Week

13 May 22 @ 09:45

Work is re-shaping as the pandemic wanes. We don’t yet know where things will finally land and stick, but what does seem clear is that for many formerly office-based workers,... read more

Is the crypto market beginning to run out of runway?

12 May 22 @ 16:32

Yesterday there were amazing report about a man, who had never flown an airplane managing to successfully land the plane as the pilot had passed out…he had plenty of support... read more

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more