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Open Banking facilitated payments to exceed $116 billion

04 Nov 21 @ 17:40

A new study found that the value of global payment transactions facilitated by Open Banking will exceed $116 billion in 2026, from just under $4 billion in 2021. This extraordinary... read more

Super Apps and Digital Platforms could save high street banks: here’s how

04 Nov 21 @ 11:19

Many consultants and analysts have been critical of major retail banks’ performance during the digital revolution. Noting the rise of “digital native” banks built for mobile and internet banking, analysts... read more

Child identity fraud costs nearly $1 billion annually

03 Nov 21 @ 13:36

More than 1.25 million children in the United States fell victim to identity fraud and theft in the past year, costing the average affected family more than $1,100. The topic... read more

Digital payments to lead 162% growth in e-commerce spend across Southeast Asia

03 Nov 21 @ 11:26

Southeast Asia is experiencing a financial transformation driven by digital payments, powered by changing consumer and retail trends and more inclusive payment options. E-commerce spending will rise by 162% to... read more

Using fraud prevention to gain a competitive advantage

03 Nov 21 @ 10:29

A proactive and forward-thinking e-commerce business can get ahead by using data for fraud prevention and chargebacks. Online transactions surged in the last year. Ninety-seven percent of CEOs know that... read more

Nubank targets $50 billion IPO valuation on net losses of $99.1 million

03 Nov 21 @ 09:00

Nubank has set a target valuation of $50 billion in its proposed initial public offering in New York, as the lossmaking digital lender looks to join the ranks of Latin... read more

Card versus digital wallet Super-App: which one wins?

02 Nov 21 @ 17:23

Digital wallets are expanding their functionality and credit cards are going to have to evolve to compete. As digitisation gathers pace, mobile devices with digital wallets linked directly to bank... read more

The European Payments Landscape in 2030: Implants, AI and the no-cash generation

02 Nov 21 @ 13:19

A new report, The European Payments Landscape in 2030: Implants, embedded ethics and a ‘post-payments’ world, examines the potential issues and innovations that may emerge in the next decade of... read more

36% decline in e-commerce fraud rate follows increased adoption of 3DS

02 Nov 21 @ 12:41

E-commerce fraud attack rates have declined 36% in the past 12 months, whilst 3DS transactions have grown more than 600% across the same period, led by uptake of the new... read more

The shift from ownership to access is coming to in-store acquiring: here’s why

01 Nov 21 @ 14:54

Payments acquirers serving in-store merchants face major challenges, some of which are so significant they need a completely fresh approach. New ways to pay are proliferating, such as digital wallets... read more

Interview – Flexible, powerful and easy to use: Why digital devices are becoming POS terminals

01 Nov 21 @ 12:49

Payments Cards & Mobile spoke to Grzegorz Nowakowski (GN), Co-founder and Vice President at SoftPos, to find out more about the use of digital devices as point-of-sale (POS) acceptance terminals... read more

Payments Cards & Mobile Jobs of the Week

01 Nov 21 @ 11:46

If you’re looking for a new job, you have very much come to the right place. Our job board is seeing loads of extra traffic at the moment, so it’s... read more

Adamantlane AG announces it has onboarded its first billion dollar partner

01 Nov 21 @ 09:37

Swiss based Adamantlane AG has announced that it has onboarded its first billion-dollar partner onto its Liquidity Hub platform since its launch in 2019. Adamantlane started in 2019 with the... read more

US moves in as Bitcoin king after China ban on crypto

20 Oct 21 @ 16:51

Two months after Beijing banned crypto mining this year, new data has revealed that the US has overtaken China as the world’s biggest source of bitcoin mining. China’s share of... read more

Average cash withdrawals in the UK on the rise

20 Oct 21 @ 16:29

According to newly published research, UK consumers are taking out more cash when they visit ATMs, with the average amount climbing more than £10 to just under £80 in the... read more

HSBC is working with Oracle to launch Banking as a Service

20 Oct 21 @ 16:23

HSBC is to launch a Banking as a Service (BaaS) offering that will enable customers to create and provide business banking services through their own platforms. HSBC and Oracle NetSuite... read more

Payment card spending update for July 2021 and a comparison on 2020

19 Oct 21 @ 15:30

Payment card spending covers the monthly value and volume of transactions across debit and credit cards, both in the UK, and of UK-issued cards across the world. This data also... read more

Hacker advice: Stop trying to keep me out – focus on the data

19 Oct 21 @ 12:39

For more than 20 years, businesses around the world have been hiring hackers. They want us to find exploitable loopholes in their “armour” and break in as far as we... 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

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more