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Cashless countries: Which are the forefront of the cashless revolution?

27 May 21 @ 09:42

Using data from the World Bank and the largest debit and credit card providers, money.co.uk can reveal the most cashless economies in the world. The company indexed the following five... read more

Fall in global ATM installed base following COVID-19 based growth of cashless payments

27 May 21 @ 08:48

Financial inclusion measures and the ongoing need for cash has led to a rise in ATM numbers in almost half of countries surveyed, but overall, the global ATM installed base... read more

World FinTech Report 2021: The latest update on the global market

26 May 21 @ 16:00

Following on from the World FinTech Report 2020, FinTechs are approaching their next maturity milestone – profitability – as they demonstrated resilience during the COVID-19 pandemic with verticals recording double-digit... read more

Hacker-powered security: Is your organisation paying bounties?

26 May 21 @ 12:59

This is a time of unprecedented challenges. We face never-before-seen threats in the digital and physical worlds. If this past year has taught us anything, it is this: we need... read more

TikTok ready to launch in-app commerce in UK

25 May 21 @ 16:23

TikTok is reportedly working to test in-app commerce in Europe, a move that will intensify its competition with Facebook and further blur the line between social media and online shopping.... read more

The new face of fraud is supplementing human-driven fraud

25 May 21 @ 16:04

Human-driven fraud, where malicious humans engage in fraudulent activities, doubled in volume during Q1 2021 over the previous quarter. Technology platforms and Media companies were the worst affected by human-driven... read more

Wearable tech in 2021: The future is now

25 May 21 @ 12:40

In July of 2017, the Smart Payment Association (SPA) published Wearable Tech: A Growing Payment Opportunity. With sales of wearables booming, the paper explored the huge potential of a world... read more

How much are European merchants paying to accept card payments?

24 May 21 @ 14:05

In 2020, a study by CMSPI and Zephyre found that, on average, European merchants were paying more to accept each card payments than they had prior to regulation.1 This significant finding was... read more

The future of autonomous, invisible, IoT payments

24 May 21 @ 11:03

The first physical currency was minted by King Alyattes of Lydia over 2,600 years ago. These simple coins evolved into banknotes in 1661. However, up until 1871, the monetary transactions... read more

RS2 receives e-money license from the German Federal Financial Supervisory Authority

24 May 21 @ 08:49

RS2, the global payments processing and technology provider, has announced that its German subsidiary RS2 Financial Services GmbH has been granted an E-Money Institution (EMI) license by the German regulator,... read more

Payments Cards & Mobile Jobs of the Week

24 May 21 @ 08:30

Are you on the hunt for a new and exciting role? We’ve noticed a huge increase in the amount of jobs being posted to our job board lately (which makes... read more

Belgian population makes massive shift to digital payments

21 May 21 @ 11:35

For years now in Belgium, digital payments have been advancing and the current pandemic has only reinforced this trend. More and more people are abandoning banknotes and coins as such... read more

European Central Bank: Cost of Instant Payments too expensive

21 May 21 @ 11:06

The ECB has taken aim at major EU banks for the prices they are setting for Instant Payments. In a speech given by Fabio Panetta, Member of the Executive Board... read more

POS transaction values to exceed $17.3 trillion globally

21 May 21 @ 10:28

A new study has found that the total value of transactions processed by POS terminals will exceed $17.3 trillion in 2026, from $14.8 trillion in 2021; growing 28%. The growth... read more

UK’s Financial Conduct Authority further extends SCA deadline

21 May 21 @ 09:34

The UK’s Financial Conduct Authority (FCA) have extended their deadline for implementing Strong Customer Authentication (SCA) for e-commerce transactions to 14th of March 2022. “This further six month extension is... read more

£39.4 billion of sales lost to abandoned baskets during lockdown – Why?

19 May 21 @ 16:20

Research reveals that UK retailers have lost out on more than £39.4 billion in potential sales over the last 12 months, as lockdown sees the value of online abandoned baskets... read more

Report: Latin America is still the next big thing when it comes to e-commerce

19 May 21 @ 09:53

Latin America is still the next big thing when it comes to e-commerce – COVID-19 has just emphasized this. Currently, two consultancy firms Americas Market Intelligence (AMI) and Euromonitor place... read more

Genesis Market: Over 18,000 new stolen identities added each month

18 May 21 @ 15:16

While many underground markets for stolen credentials operate from the anonymity of the dark web, Genesis Market is accessible from the open web. Access to the illegal marketplace is closely guarded... 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