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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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The reason Europe’s banks want EPI to end US dominance in payments

11 Jun 21 @ 15:03

The last time the banks and infrastructure providers in the European payments market tried to build a payments network capable of taking on the US companies that dominate the sector,... read more

El Salvador rolls the dice – makes Bitcoin legal tender

10 Jun 21 @ 15:13

I am not sure if this is a late April fool or even that it constitutes as news, but El Salvador just became the first country in the world to... read more

Banque De France, Swiss National Bank and BIS enter CBDC trial

10 Jun 21 @ 14:48

The Banque de France, Swiss National Bank and the BIS Innovation Hub have announced they will trial a wholesale central bank digital currency (CBDC). The trial aims to use the digital Swiss... read more

Digital payments: Top tips for securing SoftPOS payments

10 Jun 21 @ 12:33

Digital payments have sky-rocketed in popularity as consumers have sought new, more hygienic ways to pay. SoftPOS payments offer numerous benefits to consumers and merchants alike. Comprised of software solutions... read more

Russian national payment system Mir now available in South Korea

10 Jun 21 @ 09:46

BC Card, the biggest payment processing company in South Korea, has done a deal with NSPK, a Russian national payment company, to process card payment of Mir system in South Korea.... read more

Open Banking Readiness Index: An in-depth pan-European study

09 Jun 21 @ 01:20

We are delighted to offer you the chance to download the Open Banking Readiness Index: The Future of Open Banking in Europe, a new, ground-breaking study into the development of... read more

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

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