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The value of cloud-based payments

23 Aug 21 @ 12:12

Two decades into the 21st Century, we have become accustomed to having every convenience at our fingertips exactly when we want it. In many ways that extends to our finances,... read more

PayPal allows UK users to buy and sell cryptocurrencies

23 Aug 21 @ 12:11

PayPal has announced that UK users can now buy, hold and sell cryptocurrencies through the payment platform for the first time, the service launched in the US in 2020. The... read more

Australian Payments Network reports increase in card fraud

20 Aug 21 @ 13:48

New data released by the payments industry self-regulatory body, Australian Payments Network (AusPayNet), has shown a slight increase in online card fraud in 2020 as the shift to online payments... read more

BLIK sees huge increase in the popularity of P2P instant payments

20 Aug 21 @ 13:18

From April to June 2021, BLIK users completed nearly 176 million transactions worth PLN 24 billion. At that time, the number of BLIK’s P2P instant payments was growing the fastest... read more

Bank of America sets record for patents granted during H1 2021

20 Aug 21 @ 13:00

Bank of America has recorded the most patents granted in H1 of any year in the company’s history. The U.S. Patent Office (USPTO) granted the bank 227 patents during H1... read more

Mastercard set to fight £10 billion interchange fees class action in UK

19 Aug 21 @ 13:26

A £10 billion ($14 billion) class action against Mastercard for unfair interchange fees, in which the claimants say 46 million British adults could be eligible for roughly £300 each if... read more

Facebook digital wallet Novi ready for market launch

19 Aug 21 @ 11:06

Facebook has announced it will launch the Novi digital wallet tied to the Diem blockchain-based payment system, having received the necessary regulatory clearances. David Marcus, chief of Facebook’s financial services... read more

Infographic: Cryptocurrency at POS as a means of payment

19 Aug 21 @ 10:44

As is widely known, PayPal and Square have announced they are accepting cryptocurrency at POS as a means of payment, while Visa and Mastercard have also recently confirmed they will... read more

New solutions that revolutionise virtual card payments

19 Aug 21 @ 10:19

As banking and payment processes are becoming more and more digitised, companies are finding ways to merge different financial systems into one with minimal effort and money as they are... read more

2021 Debit Issuer Study confirms accelerated transformation to Debit

18 Aug 21 @ 13:14

The 2021 Debit Issuer Study, commissioned by Discover Financial Services, portrays a debit market evolving with the rapid transformation of commerce. Response to the COVID-19 pandemic prompted US consumers to make... read more

M1ST: Mobile payments network with 5.7 billion accounts launches

18 Aug 21 @ 12:10

Boku has announced the launch of the M1ST (aka Mobile First), the “world’s largest mobile payments network”. The M1ST Payments Network features an unrivalled 330+ mobile payment methods, including mobile wallets,... read more

Latin America embraces biometric payment cards as FinTech booms in region

18 Aug 21 @ 11:36

In June 2021, BBVA Mexico became the first bank in Latin America to announce the rollout of biometric payment cards. Following launches in card-loving France and Switzerland, the world has... read more

How does the OECD’s CRS effect mobile money providers

17 Aug 21 @ 15:56

Adopted in 2014, the CRS’s purpose is to combat tax evasion – not just in mobile money. The Organisation for Economic Co-operation and Development’s (OECD) Common Reporting Standard (CRS) is an information... read more

BNPL and mobile set to push global e-commerce value to $6 trillion

17 Aug 21 @ 13:03

The retail e-commerce market is estimated to grow by 53% globally by 2024, with the Buy Now Pay Later (BNPL) sector expected to see the second-largest increase in market share,... read more

JP Morgan launches request for pay real-time payments product

16 Aug 21 @ 12:20

JP Morgan has announced the launch of a real-time payments product that it hopes will increase its edge in the initiative to handle more of the surging volumes of global... read more

Feature: Cryptocurrency acceptance – Digital currencies hit the mainstream

13 Aug 21 @ 11:42

In the last eighteen months, even formerly “anti” gurus such as JP Morgan’s Jamie Dimon and Goldman Sachs’ Lloyd Blankfein have changed their tune on cryptocurrency. Having previously described the... read more

Contactless card transactions to reach $2.5 trillion in 2021

13 Aug 21 @ 11:32

New research figures predict that global contactless card transaction values will reach $2.5 trillion in 2021, from $1.7 trillion in 2020, with cards retaining the majority share of overall contactless... read more

Payments Cards & Mobile Jobs of the Week

13 Aug 21 @ 11:22

Another week down, and another list of super cool job opportunities to share with you lovely people. This week, we’re bringing you a really cool remote financial accounting role in... 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