17 Mar 22 @ 17:10

Open Banking got started back in 2018 thanks to ground-breaking regulations (PSD2), that gave consumers the right to access their bank account data using third parties called account information services providers... read more

16 Mar 22 @ 15:51

December 2021 card spending data from UK Finance reveals that the average amount spent per contactless card transaction rose by almost 30% following the contactless spending limit increasing from £45 to... read more

16 Mar 22 @ 12:46

American Express is making what appears to be a landgrab for what some see as the next big market for payments – the metaverse. The company has filed trademark applications for... read more

16 Mar 22 @ 12:24

The more astute of you will know that there has been a substantial, if slightly perplexing rise, in the Non-Fungible Token or NFT market in the last 18 months. Perplexing... read more

15 Mar 22 @ 15:58

Cross-border e-commerce was growing even before the pandemic struck. Lockdowns, travel restrictions and the wholesale disruption of existing brand loyalties over the last two years have given it a further... read more

15 Mar 22 @ 13:19

Fabio Panetta, Member of the Executive Board of the ECB, was recently involved in a panel to discus central bank digital currencies at the US Monetary Policy Forum in New... read more

15 Mar 22 @ 12:44

A new report by card industry body Payments Europe claims Europeans would welcome government intervention to mandate electronic payment. The report also says that, while instant, or account-to-account, payments are... read more

14 Mar 22 @ 15:52

German prosecutors have charged Wirecard’s former chief executive, Markus Braun, and two other former senior executives with suspected market manipulation, fraud, breach of trust and accounting manipulation of the company’s... read more

14 Mar 22 @ 15:38

Former UK Unicorn Ve Global has announced that it is in “financial distress” five years after it was bought out of administration. The company has launched an accelerated sales process... read more

14 Mar 22 @ 13:22

Russia’s attack on Ukraine and the resulting economic sanctions have already impacted European banking in several ways, many of which are indirect. One potential impact is in the form of... read more

11 Mar 22 @ 11:51

Much has been made of the death of cash and more recently the decline of the ATM estate worldwide, but the industry is still expected to reach $29.89 billion by... read more

11 Mar 22 @ 10:49

The GSMA have produced the Mobile Money Regulatory Index (MMRI), a unique tool for the assessment of the effectiveness of mobile money regulatory frameworks. Mobile money provides arguably the most economically viable... read more

11 Mar 22 @ 09:41

With so much going on in the world looking for a new job could be seen as a bit trivial? That said, if you are looking, check out these brilliant... read more

10 Mar 22 @ 16:21

US consumer spending maintained positive momentum in February, according to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment. Overall retail sales excluding auto increased 8.7%... read more

10 Mar 22 @ 15:35

One of Italy’s major banks, UniCredit, has issued a stark warning that it may have to face losses of about €7 billion in an “extreme scenario” whereby its entire Russian... read more

10 Mar 22 @ 12:04

As per previous Payments Cards & Mobile reports, former financial services ombudsman Walter Merricks is bringing, a now £14 billion interchange fees claim, on behalf of around 46 million people... read more

09 Mar 22 @ 16:56

Which? A consumer rights and protection website has analysed new data and says that every hour, APP fraud (Authorised push payment fraud) victims lose more money than the average UK... read more

09 Mar 22 @ 12:21

The Merchants Payments Coalition (MPC) has called on Congress to investigate Visa and Mastercard’s anticompetitive interchange fees and dominance over the US credit and debit card markets, citing President Biden’s... read more