magazine

Latest Issue

THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

Subscribe now

Daily Insights

Global payments news direct to your inbox

Sign up free

DAILY NEWS

ALL NEWS

Worldline acquires 80% of Eurobank merchant acquiring unit

08 Dec 21 @ 09:01

Eurobank, one of the four largest lenders in Greece, has announced it entered into a binding agreement to sell 80% of its merchant acquiring business to Worldline in an attempt to... read more

A parallel payments data revolution to underpin digital payments

07 Dec 21 @ 09:00

US payments technology is currently lagging behind other regions with lengthy settlement delays, limited mobile money penetration and outdated data management processes. Just 10% of US consumers use mobile payments,... read more

The threat that quantum computing poses for FinTech companies

06 Dec 21 @ 16:01

With claims circulating that not one but two quantum computers have already been developed which are 10 million times faster than the most powerful conventional supercomputers and IBM recently announcing... read more

Online businesses see checkout as a competitive advantage – consumers want more choice

06 Dec 21 @ 14:06

The COVID-19 pandemic saw the majority of online businesses (61%) accelerate their plans to upgrade the checkout as a direct result of them seeing consumer payments preferences changing (65%) and... read more

The top six highest paying jobs for FinTech in 2022

06 Dec 21 @ 09:00

The FinTech industry has grown exponentially over the last decade and this expansion won’t be slowing down in 2022 either. While 2020 and 2021 were dominated by the challenges of... read more

ECB approves a new oversight framework for electronic payments

03 Dec 21 @ 16:09

Following a 2020 public consultation, the European Central Bank’s (ECB) Governing Council has approved a new Eurosystem oversight framework for electronic payments, schemes and arrangements. Background The PISA framework is the result... read more

Report: The Future Consumer 2023

03 Dec 21 @ 10:45

Consumers and financial service providers often play leapfrog, taking turns making the next jump into the future. Decades ago, risk and regulatory innovations enabled banks to issue cards more broadly,... read more

Lithuania – how regulatory innovation created a nascent FinTech superhub

03 Dec 21 @ 08:47

With a tiny population of just under 3 million, few could have predicted Lithuania would become a hotbed of FinTech innovation. Since the UK’s withdrawal from the European Union, however,... read more

Payments and CX key to Open Banking as banks start to spend on infrastructure

02 Dec 21 @ 17:00

New research reveals an increase in spending among Europe’s financial executives, with 47% saying their Open Banking budgets have risen in 2021. This follows a challenging year in 2020, where... read more

Millions of payment card details found on dark web – USA and Visa hit hardest

02 Dec 21 @ 12:45

New analysis has observed over 4 million (4,481,379) payment card details, belonging to users across 140 countries, being traded on the dark web. The hackers were found selling payment cards information for... read more

QR codes set to make a quantum leap in consumer popularity

02 Dec 21 @ 10:35

Of the many payment innovations to surface in the past 20 years, the QR code is enjoying a resurgence, having once been viewed as a failed marketing gimmick that became... read more

BNPL usage soars but consumer sentiment on spending starts to slow

01 Dec 21 @ 17:20

With inflation surging, consumers’ financial optimism has taken a hit for a second quarter in a row, according to TransUnion’s latest Consumer Pulse study. In stark contrast to the renewed positivity seen... read more

The Bank of London launches to tackle UK clearing market inefficiencies

01 Dec 21 @ 09:57

The Bank of London, set up to approve and process payments in the UK clearing market, will launch for only the second time in 250 years  as it aims to... read more

The old acquiring model is dead – here’s what’s next…

01 Dec 21 @ 09:25

As in many other areas of life, COVID-19 has accelerated changes evident in merchant acquiring over the last five years. These changes go beyond the obvious, such as the shift... read more

Prepaid cards market expected to exceed $5.5 trillion dollars by 2028

30 Nov 21 @ 16:59

Amid hype about alternative payments and digital currencies, prepaid cards are booming – with growth projected to run faster than e-commerce world-wide over the next ten years. Payments Cards &... read more

Faster and secure payments with the new PSD2 payment initiation service

30 Nov 21 @ 16:02

The PSD2 enables more convenient, secure, faster and more affordable account-to-account payments in e-commerce and at the checkout in shops. One of the two new API-based PSD2 services, the Payment... read more

The reality of cyber crime in Europe

30 Nov 21 @ 13:11

Are you aware of just how often real-world offences and cyber crimes are committed across Europe and which countries are most affected? TechRobot has carried out research on real-world crime... read more

Smart POS systems like PAX are vital to Merchant Service Providers – but are they secure?

29 Nov 21 @ 18:09

The recent news that a US acquirer had raised concerns about PAX terminal security led a number of Merchant Service Providers’ (MSPs) to ask questions about their approach to next-generation... 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