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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

Visa launch CBDC solution that targets central banks

14 Jan 22 @ 10:52

Visa has announced plans to offer central banks and financial institutions a central bank digital currency (CBDC) offering in Q2 2022. The payment provider developed the Visa CBDC Payment Module... read more

Payments Cards & Mobile Jobs of the Week

14 Jan 22 @ 09:38

If you’re planning to change jobs in 2022, then you have certainly come to the right place. Our job board is set to be bursting with amazing opportunities this year,... read more

Covid-19 report: A ‘levelling up’ in European e-commerce

13 Jan 22 @ 10:36

It’s commonly understood that the recent pandemic saw e-commerce grow across Europe. However, analysts at RetailX claim that growth in markets with lower internet penetration and fewer digital shoppers was... read more

Project Helvetia successfully tests wholesale CBDC settlement with banks

13 Jan 22 @ 10:28

Project Helvetia, a joint initiative between The Bank for International Settlements’ Innovation Hub (BISIH) Swiss Centre, the Swiss National Bank (SNB) and the financial infrastructure operator SIX, has reached the... read more

UK Open Banking marks fourth year milestone with over 4 million users

13 Jan 22 @ 09:19

January 13th marks the fourth anniversary of the Payments Services Directive 2 (PSD2) * making Open Banking a regulatory requirement in the UK. Open Banking (OB) was mandated by the... read more

Business to Business (B2B) payments: Taking care of business

12 Jan 22 @ 16:41

For years, payments investors focused on consumers’ switch to digital and mobile payments. More recently, investors have shifted to business to business (B2B) payments, where analysts see huge opportunities for... read more

Transit payments: a market in transformation

12 Jan 22 @ 12:00

As the world recovers from the pandemic, users around the world are returning to public transit—and a transformation of how riders pay for these journeys is underway. PCM learns about... read more

Consortium of US banks plan to launch USD backed stablecoin

12 Jan 22 @ 11:00

A group of US banks have announced that they intend to launch their own stablecoin, called USDF, in a move they hope will tackle concerns about the reserves behind nonbank... read more

PayPal confirms reports it is “exploring” stablecoin launch

11 Jan 22 @ 11:55

PayPal has confirmed numerous reports that it is working on a stablecoin. Jose Fernandez da Ponte, senior vice president of crypto and digital currencies at PayPal, confirmed: “We are exploring... read more

Cloud computing giants under scrutiny from Financial Services regulators

11 Jan 22 @ 10:42

The UK’s Prudential Regulation Authority (PRA), which oversees financial stability, is to take steps to bolster banks on the cloud. Data storage is a systemic vulnerability just like financial risk. The regulator... read more

Half of crypto-natives would rather get paid their salary in cryptocurrency

11 Jan 22 @ 10:06

New research reveals that 55% of crypto owners – rising to 60% of 18-24 year olds – would rather get paid their salary in cryptocurrency. The top reasons for this... read more

Why aren’t Banks getting the message on ISO 20022

10 Jan 22 @ 13:48

There is now some serious competitive pressure being placed on Banks to move to the new universal financial messaging standard ISO 20022. The overall shift in the payment industry to... 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