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The UK’s future strategy for Open Banking payments

24 Nov 21 @ 17:06

Open banking (OB) payments have the potential to offer greater payment choice to merchants and customers. There are now over 2.5 million Open Banking payments a month. In 2018, there... read more

An update on interchange fees between the UK and EEA

24 Nov 21 @ 16:47

As of January 2021, the United Kingdom broke away from its long standing relationship with its closet neighbour and is therefore no longer part of the EEA. As a result,... read more

Buy Now Pay Later fraud risks set to rise this Black Friday

24 Nov 21 @ 13:18

A significant increase in Buy Now Pay Later (BNPL) transactions expected this Black Friday and Cyber Monday is forecast to put businesses and consumers at heightened risk of falling victim... read more

EU to ban banks’ use of cross-border permissions to access market

23 Nov 21 @ 17:20

The EU has announced new measures to crack down on a patchwork of national arrangements that allow banks outside the EU to sell services into the bloc, dealing a blow... read more

Mid-market enterprises must seize the digitization opportunity in accounts receivable for optimum performance

23 Nov 21 @ 16:57

As the World Economic Forum has noted[1], the mid-market enterprises (turnover of between $50-$500 million) that constitute 60% of North America’s GDP urgently need to re-tool for growth in the... read more

Current fraud defences aren’t working. Fraud engines need supercharging!

23 Nov 21 @ 16:36

As digital commerce becomes a mainstay of everyday life, better automation in monitoring transactions for fraud is a necessity. Despite the best efforts of our industry, payments fraud continues to... read more

UnionPay signs agreement with Nets to expand acceptance across Nordics

23 Nov 21 @ 14:09

UnionPay, the card scheme with the world’s largest cardholder base, has announced that it has signed a new market development agreement for the Nordics with Nets. The agreement will enable... read more

M-commerce: the new leader in electronic commerce

22 Nov 21 @ 17:33

Lockdowns have drastically shifted the way consumers interact with mobile and accelerated the move toward m-commerce, eclipsing previous years’ predictions. As restrictions have progressively eased throughout 2021 in many markets,... read more

FinTech Wars: A feud that started small but threatens the incumbents

22 Nov 21 @ 16:55

Amazon.com is showing its aggressive side. The e-commerce giant has started a kind of fight with Visa over the costs of using its credit cards, but it won’t confront the... read more

How customer payment method preferences have changed

22 Nov 21 @ 16:10

Customer payment preferences have changed as we adapt to a new financial reality. In the latest Carat Insights Report Fiserv analysed over $3 trillion in payments data, combined with a consumer... read more

FinTech services plus trust and control: how banks will win in the digital world

19 Nov 21 @ 16:27

Some commentators argue traditional banks are losing out to FinTechs and Super Apps: but banks still hold huge advantages when it comes to consumer trust and relationship management. Bethan Cowper,... read more

Redefining omni-channel for a better Retail experience

19 Nov 21 @ 16:09

The pandemic accelerated the move to online shopping. With lockdown restrictions having been in place, it’s no surprise that global e-commerce grew by 25% in 2020; it’s expected to grow... read more

Major UK retailers back Bitcoin based loyalty scheme

19 Nov 21 @ 09:16

Major UK retailers have clubbed together and plan to give online shoppers cash back in Bitcoin it has been claimed. The crypto loyalty scheme is expected to launch in 2022,... read more

Banking Circle improves speed and reduces cost for businesses tapping into Danish market

19 Nov 21 @ 09:15

B2B Payments bank, Banking Circle, has joined the Danish national intraday clearing system. Through Banking Circle as a direct clearing participant, Payments businesses and Banks can now pay out and... read more

Three brilliant roles to apply for this week

19 Nov 21 @ 09:04

If you’re looking for a new job at the moment, then we have some great news. This time of year, the job market is booming with amazing opportunities for people... read more

A bubble in payments? Paytm tanks 27% on market debut

18 Nov 21 @ 18:22

Its horrible when people say it, but “I told you so.” Back in August Payments Cards & Mobile bought you analysis of investment in the payments market and asked “Is... read more

Europe’s banks return to fees as profits drop in 2021

18 Nov 21 @ 18:03

At Spain’s Caixabank most customers visiting a branch for a service they could access online will now have to pay €2 for the privilege. The fees are part of a shift... read more

Prediction time: Five FinTech trends to watch in 2022

18 Nov 21 @ 16:28

In the year ahead, consumer behaviour and early adoption of new technology are set to continue to transform the financial services market. FinTechs and banks are in a race to... read more

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more