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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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Beating financial crime: Commission overhauls anti-money laundering and terrorism rules

12 Aug 21 @ 11:55

The European Commission has presented an ambitious package of legislative proposals to strengthen the EU’s anti-money laundering and countering terrorism financing (AML/CFT) rules. The package also includes the proposal for... read more

How Request to Pay will transform the payments landscape

12 Aug 21 @ 10:06

Request to Pay – a new standard for requesting a payment – is being built on top of existing payment infrastructure throughout Europe. With a patchwork of existing account-to-account solutions... read more

Indian e-commerce industry set to grow by 141% to $111.4 billion

11 Aug 21 @ 12:28

With the COVID-19 pandemic denting consumer sentiment due to the imposed travel restrictions and lockdowns in India, the retail industry has been at the forefront of the economic disruption. As... read more

Payments sector keeps top spot for FinTech investment in record H1 2021

11 Aug 21 @ 11:07

Overall global FinTech funding across M&A, PE, and VC deals soared to a new high in H1 2021, according to KPMG’s Pulse of FinTech, a bi-annual report on FinTech investment... read more

Apple Pay set sights on launching BNPL offering with Goldman Sachs

11 Aug 21 @ 09:29

Apple is reported to be working on a service that will let consumers pay for any Apple Pay purchase in instalments in direct competition to other BNPL offerings (Buy Now,... read more

Big Read: Is Nexus the future of International money transfer

10 Aug 21 @ 10:08

In more than 60 countries, including many developing nations, it has become incredibly easy to send funds in real time to someone else over the internet — knowing nothing more than... read more

Report: Global voices 2021 – Cross border e-commerce insights

09 Aug 21 @ 13:45

The COVID-19 pandemic, which took hold of the global consciousness a year ago, has shaped and revealed many things about the world of retail and e-commerce. With lockdowns came new... read more

Australian Central Bank set to reign in powers of Big Tech

09 Aug 21 @ 12:46

Their have been reports that the Australian Central bank, Reserve Bank of Australia, will apply greater focus by its policymakers on the increasing sway Big Tech giants such as Google,... read more

Sainsbury’s settle UK interchange fee suit with Mastercard

09 Aug 21 @ 10:55

Sainsbury’s has reached a settlement with Mastercard over over interchange fee that the UK’s highest court ruled are unlawful last year. British courts ruled last year that so-called interchange fees... read more

Apple Cash now supports Mastercard debit cards

06 Aug 21 @ 15:04

Apple Cash has made a significant update to its product to include Instant Transfer support for Mastercard debit cards, while an upcoming change will increase transfer fees to 1.5% of... read more

Could the Boston Fed and MIT digital currency displace crypto in the US?

06 Aug 21 @ 14:57

How soon can the Fed create an effective central bank digital currency? Last year the Boston Fed asked researchers at MIT to embark on a project to build and test... read more

Payments Cards & Mobile Jobs of the Week

06 Aug 21 @ 13:30

If you’re looking for an exciting new job, then you have absolutely come to the right place! Every week for the last number of months we have been sharing brilliant... read more

CMA mandates Variable Recurring Payments for Sweeping

05 Aug 21 @ 15:25

The Open Banking Implementation Entity (OBIE) has announced that the Competition and Markets Authority (CMA) has upheld, in line with the Trustee’s recommendations to mandate Variable Recurring Payments (VRPs) as... read more

The payments landscape in the UK after Brexit

05 Aug 21 @ 12:27

The UK payments industry highly values the work of the European Payments Council (EPC) and its members ensured the UK retained its membership of the Single Euro Payments Area (SEPA),... read more

Alpha Bank and Nexi sign Greek acquiring and technology deal

05 Aug 21 @ 10:11

Alpha Bank and Nexi have announced a long-term commercial agreement to establish a marketing and distribution strategic partnership, enabling Alpha Bank, through its widespread network of over 300 branches across... read more

Chip shortage threatens vital economic sectors: Payment systems and electronic identities

04 Aug 21 @ 12:07

The global chip shortage is causing bottlenecks in numerous industries. There is now a warning of failures in economically critical areas such as connectivity, payment systems and electronic identities –... read more

PayPal looks to launch crypto trading in the UK

03 Aug 21 @ 15:24

PayPal says it is going to use the United Kingdom as the next market in which to expand its crypto trading services. According to the company’s Q2 earnings call, PayPal has done... read more

Half of global population to use digital banking by 2026

03 Aug 21 @ 13:40

A new study has found that 53% of the world’s population will access digital banking services in 2026; reaching over 4.2 billion digital banking users, from 2.5 billion in 2021.... 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