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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

CBDC: How seriously should we take the Dollar Vs Yuan supremacy story

18 May 21 @ 12:41

Recently, several commentators have identified a potential Chinese central bank digital currency as a serious economic and national security threat to the United States and chastised the US government for... read more

Prepaid Financial Services in regulatory hot water…again

18 May 21 @ 11:46

Prepaid Financial Services is in the regulators sights again just two months after being named and fined for a cartel involving Mastercard, Allpay, Sulion and Cashplus. Shares in PFS’s Australian... read more

Interview with Horst Forster, Research Director At Payments Cards & Mobile

17 May 21 @ 16:14

Horst Forster is a European payments expert with decades of experience in payments consulting and financial technology research. He runs PCM’s Digital and Card Payments Yearbooks, as well as working on... read more

European payments in 2021: Cards remain No. 1 for consumers

17 May 21 @ 16:04

Amid rising hype about mobile wallets, P2P FinTech challengers and QR-code payments, this year’s Digital and Card Payments Yearbooks show a card segment in robust health, with business growing strongly.... read more

Payment fraud fears grow – 65% of consumers more concerned about fraud

17 May 21 @ 09:58

As the pandemic drove consumers online en masse to make purchases, consumer anxiety around fraud saw a considerable spike. For the 2021 Fraud Report, Marqeta surveyed 2,000 consumers across the... read more

Diem drops Swiss license and heads to US for stablecoin trial

14 May 21 @ 10:34

Facebooks cryptocurrency Diem has been forced to abandon plans to gain a license in Switzerland via its financial regulator FINMA and is instead going to set up operations in the... read more

KYC and the rise of cryptocurrency payments

14 May 21 @ 09:57

What a difference a year makes. Just 18 months ago, leading global bankers were describing cryptocurrencies as “a worse [bubble] than tulip bulbs” – and now Goldman Sachs has launched... read more

Payments Cards & Mobile Jobs of the Week

14 May 21 @ 08:15

There’s a real sense of positivity in the air this week, isn’t there? Probably to do with the slow (but steady) reopening of the country. Plus, the weather has been... 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