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Payments data shows huge rebound for Retail, Pubs & Bars and Hairdressers

20 Apr 21 @ 16:19

New payments data shines a light on the economic impact of the 12th April changes to social distancing in the UK, which included the re-opening of non-essential retail, outdoor hospitality... read more

Global spend on blockchain forecast to hit $19 billion

20 Apr 21 @ 16:03

Organisations are forecast to spend nearly $6.6 billion on blockchain solutions this year, an increase of more than 50% compared to 2020, spending will continue to see strong growth throughout... read more

Bank of England announce Central Bank Digital Currency

20 Apr 21 @ 09:22

The Bank of England and HM Treasury have announced the joint creation of a Central Bank Digital Currency (CBDC) Taskforce to coordinate the exploration of a potential UK CBDC.A CBDC... read more

Fileless malware attacks surge by 900% – Ransomware attacks decline

19 Apr 21 @ 17:10

The latest Internet Security Report reveals that fileless malware and cryptominer attack rates grew by nearly 900% and 25% respectively, while unique ransomware payloads plummeted by 48% in 2020 compared... read more

Report: Rethinking AML for the digital age

19 Apr 21 @ 14:08

Europe’s banks are undergoing one of the greatest periods of transformation in their 800-year history. Banking models that prioritised delivery through branch networks are disappearing, replaced by digital as mobile... read more

Damning report into EY audit of Wirecard fraud released

19 Apr 21 @ 12:02

An independent report by Rödl & Partner has been released. The aim of the report was to investigate any shortcoming by accounting firm EY into the now infamous Wirecard scandal.... read more

Payments Cards & Mobile Jobs of the Week

19 Apr 21 @ 09:00

Finally, the light at the end of the tunnel is here! Baby steps of course, but there are some real positive changes happening across the UK this week, as restrictions... read more

Global real-time payments transactions surge 41% in 2020

18 Apr 21 @ 12:55

More than 70.3 billion real-time payments transactions were processed globally in 2020, a surge of 41% compared to the previous year, as the COVID-19 pandemic dramatically accelerated trends away from... read more

Additional $900 billion spent on e-commerce at retailers globally in 2020

15 Apr 21 @ 16:27

As Covid-19 kept consumers around the world at home, nearly everything from groceries to gardening supplies was purchased through e-commerce channels. According to Mastercard’s latest Recovery Insights report, this amounted... read more

The Kalifa Review: How can the UK consolidate its global leadership

15 Apr 21 @ 15:49

Worldwide, FinTech is hailed as the future of finance. From the evolution of Open Banking platforms to the use of artificial intelligence, FinTech revolutionises the global economy by changing the... read more

Mobile Finance Apps downloads spike 15% to 4.6 billion in 2020

15 Apr 21 @ 15:37

Liftoff has released its annual Mobile Finance Apps Report in partnership with App Annie. The global COVID-19 pandemic drove a year of intense economic uncertainty, and users turned increasingly to... read more

Facial recognition for payments authentication to hit 1.4 billion users

14 Apr 21 @ 15:52

A new study has found that the number of users of software-based facial recognition to secure payments will exceed 1.4 billion globally by 2025, from just 671 million in 2020.... read more

Modern bank heists: Financial institutions being held hostage

13 Apr 21 @ 16:53

The modern bank heist has escalated to a hostage situation over the past year. The new goal of attackers is now to hijack a financial institution’s digital infrastructure and to... read more

Leveraging the Dark Web to strengthen internal security

13 Apr 21 @ 16:30

Virtual, underground marketplaces operating on the Dark Web generate billions of dollars worth of illegal business – from selling drugs to stolen credit card data, to intellectual property and more.... read more

Barclays discontinue mobile wallet Pingit – another one bites the dust

13 Apr 21 @ 16:22

Joining a group of other big brands that have had to shelve their mobile wallet, Barclays have announced that after 10 years they will sunset the iconic Pingit, one of... read more

Russian central bank sets up CBDC trial of Digital Ruble for 2022

12 Apr 21 @ 16:10

Russia’s central bank, the Bank of Russia says it will test a digital Ruble in 2022, marking another major governments interest into the voracity of testing CBDC. First Deputy Governor... read more

Citi Bank and JP Morgan set up trials for cross border transfers with blockchain

12 Apr 21 @ 15:36

As we see the market place shifting to a more trusting view on blockchain technology, both Citi Bank and JP Morgan have both announced trial of the technology for cross... read more

The European Commission Inception Impact Assessment on real-time payments in the EU

12 Apr 21 @ 13:19

On March 10, 2021, the European Commission (EC) published an Inception Impact Assessment (IIA) on the Commission’s planned initiative on real-time payments in the EU. The IIA was open for feedback... 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