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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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11 major banks trial blockchain intraday FX swap trial

08 Jun 21 @ 16:18

11 banks have participated in a trial of blockchain based FX intraday swaps. NatWest, Deutsche Bank, Bank of Ireland, Banca Mediolanum and seven other banks participated with $14.5 trillion in combined... read more

The hour the internet broke: Today’s collapse will have lost e-commerce retailers $1 billion

08 Jun 21 @ 14:37

As some of you may be aware, many of the world’s largest global e-commerce retailers including Amazon, eBay and Etsy were hit by the global web outage this morning. Major... read more

Bank of England: Digital Money and Central Bank Digital Currency

07 Jun 21 @ 16:27

The Bank of England has published a Discussion Paper which aims to broaden the debate around new forms of digital money and seek views on the Bank’s emerging thoughts on... read more

Cashless transaction volumes will more than double by 2030

07 Jun 21 @ 15:10

The financial services industry is in the midst of a significant transformation, accelerated by the COVID-19 pandemic. And given the key role digitisation plays in the financial lives of more and... read more

Payments Cards & Mobile Jobs of the Week

07 Jun 21 @ 14:13

As we all start returning to a normal, Covid-free life, a lot of us may start looking to make some changes. Especially when it comes to our careers. For the... read more

Banks should seize the opportunity to serve SMEs better

04 Jun 21 @ 15:35

Small and Medium Enterprises (SMEs) are the backbone of Europe’s economy. European Union[1] data shows that SMEs account for 99% of all businesses by number across the bloc, while in... read more

Virtual cards to provide catalyst for commercial card spending

04 Jun 21 @ 12:39

An impressive €42.7 billion was spent on European virtual commercial cards in 2019, accounting for 12% of total commercial card spending, according to RBR. Virtual card expenditure in the region... read more

Decoding Response Codes: How to boost payments performance

04 Jun 21 @ 09:39

Payments can fail for multiple reasons. The challenge merchants face is understanding why. The best way to gain that understanding is to have access to the response codes generated by... read more

Russia’s Mir demonstrates excellent growth – supported by State mandates

03 Jun 21 @ 11:38

Mir – a payment service provider introduced in Russia in late 2015 – is carving a place in the market as a serious provider. Since it launched it managed to... read more

Important: As ransomware demands explode cyber insurance companies rethink premiums

03 Jun 21 @ 11:08

Cyber attacks began to climb last year, but big ransomware strikes over the past two months have convulsed the insurance market. Ireland’s healthcare system, a key US fuel pipeline and,... read more

EU planning on launching 27 state-wide digital wallet for private and public services

02 Jun 21 @ 11:23

As the race for digital ID supremacy hots up, the EU is set to unveil detailed plans for a bloc-wide digital wallet following requests from member states to find a... read more

US leads UK in 3DS2 use for payment authentication

02 Jun 21 @ 09:59

The US is beating the UK in the rollout of the 3D Secure 2 (3DS2) multi-factor authentication protocol, new data from Ravelin shows. 68% of transactions in the US now... read more

Signicat acquires Encap to create digital identity and authentication powerhouse

02 Jun 21 @ 09:00

Signicat has acquired Strong Customer Authentication (SCA) specialist Encap Security from AllClear ID. With Encap’s secure mobile app-based authentication solution, Signicat ensures SCA compliance across the full customer lifecycle. The acquisition... read more

Paytm plans India’s biggest ever IPO at $3 billion

01 Jun 21 @ 11:56

India’s leading digital payments provider, Paytm, is planning to raise about $3 billion in an initial public offering (IPO) in India later this year, in what would be the country’s... read more

Payments Cards & Mobile Jobs of the Week

31 May 21 @ 08:00

Have you been thinking about making a change lately? We don’t blame you! Having spent almost 18 months in some form of lockdown, it feels like now is the right... read more

Worldline continue acquisition spree with purchase of Greece’s Cardlink

28 May 21 @ 14:08

Worldline has announced the signing of a bidding agreement for the acquisition of 92.5% of the share capital of Cardlink, the leading Network Services Provider in Greece. Greece: an attractive payment market With a cash... read more

eBay allows sales of Non-Fungible Tokens on platform

28 May 21 @ 11:15

eBay has announced it will allow the sale of Non-Fungible Tokens (NFT) for digital collectibles like trading cards, images or video clips on its platform, the first e-commerce company to... read more

Another week – another Central Bank CBDC feasibility test

28 May 21 @ 11:05

The South African Reserve Bank (SARB) has announced it will explore the feasibility of a general purpose or retail central bank digital currency (CBDC). South Africa was one of the... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more