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Adapt or Fail: UK shopping preference is technology over human interaction

25 Mar 21 @ 18:46

K3 Business Technology Group has released new research into the UK’s shopping preference. It revealed that 51% of customers are clear that they want to avoid store assistants. Instead, shoppers... read more

CaixaBank and Bankia set to close their successful merger

25 Mar 21 @ 18:21

After agreeing to pay a 20% premium to take over smaller rival Bankia last year, CaixaBank is set to become Spain’s largest lender in a move that heralds long-awaited consolidation... read more

Program to provide CBDC payment network to 110 qualifying central banks

25 Mar 21 @ 08:54

Roxe has announced it will provide 113 qualifying central banks with free, complete access to its global Central Bank Digital Currency (CBDC) payment network. Each central bank will be able to issue,... read more

Who are banks competing against in payments now?

23 Mar 21 @ 18:09

For several decades, incumbent banks have held a comfortable leadership position in payments. But the rapid growth of digital payments has signalled opportunity for new market entrants to attack this... read more

Digital & Payment Card Yearbooks: Digital currencies take centre stage

23 Mar 21 @ 16:38

Since 2008, there has been much speculation about the role of digital currencies in global payments, and the application of the software engineering behind cryptocurrencies built with blockchain. While speculation... read more

Major payments players call on G7 for Data and Technology Forum

23 Mar 21 @ 11:50

Leading technology and payments companies including Mastercard, Visa, SoftBank and IBM are lobbying the G7 to create The Data and Technology Forum which they hope will co-ordinate how members tackle... read more

Biometric cards upgrade: easier and cheaper than you think

22 Mar 21 @ 17:30

With fraud shooting up during COVID-19 and consumer concerns about hygiene and theft on the rise, biometric cards are the best way to secure the contactless transactions now used for... read more

Visa facing DOJ antitrust investigation over Debit cards

22 Mar 21 @ 15:40

Its all go for Visa right now, having raised interchange fees in the UK, The Justice Department is now investigating whether it is engaging in anticompetitive practices in the debit... read more

Visa follows suit and raises interchange fees for UK card holders

22 Mar 21 @ 13:32

Visa is reported to be following Mastercard’s earlier decision and plans to increase interchange fees on purchases made by British customers from most of Europe. The company is preparing to... read more

Payments Cards & Mobile Jobs of the Week

21 Mar 21 @ 15:24

None of us will deny the fact that looking for new jobs is exhausting. It takes time, patience and a whole lot of scrolling online. As the saying goes, looking... read more

Contactless card payments trump mobile wallets – consumer doubts persist…

19 Mar 21 @ 17:01

As has been widely reported, contactless cards and payments are now the method of choice for the vast majority of consumers in developed markets. However, new research from Swedish biometrics... read more

Digital and Card Payments Yearbooks Interview: European Payments in 2021

18 Mar 21 @ 16:47

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

Visa study: Where SMEs want Investors to put their money

18 Mar 21 @ 14:28

The 2021 Visa Back to Business study of Small and Medium Enterprises (SMEs) has revealed the major pain points for the world’s small businesses when it comes to payments –... read more

Apple Pay drives OEM pay contactless transactions to exceed $1 trillion in 2022

17 Mar 21 @ 13:14

OEM Pay contactless transactions, driven by Apple Pay, Samsung Pay and Google Pay, will reach more than $1 trillion in 2022, finds Kaleido Intelligence. This is up 377% from pre-COVID-19... read more

Digital wallet users hit 4.4 billion – mobile payment tokenisation revenue exceeds $53 billion globally

16 Mar 21 @ 17:15

A new study has found revenue from tokenisation provisioning and management in mobile payments will exceed $53 billion in 2025, from $18 billion in 2020. The report found tokenisation, where account... read more

IDEMIA, G+D and NXP launch WLA to offer independent contactless payment standard

16 Mar 21 @ 16:45

Following a 2019 announcement, IDEMIA, G+D and NXP Semiconductors have launched the White Label Alliance (WLA), which responds to growing global demand for next-generation, independent payment solutions for domestic and private-label payment brands. The White... read more

Germany’s Giropay, paydirekt and Kwitt merge under Giropay brand

15 Mar 21 @ 18:52

A little over a year ago, rumours started circulating in the press, in which people speculated about the merger of paydirekt and Giropay. The Kwitt service, according to the rumours,... read more

ECB pushing European Union for deeper control over stablecoins in bloc

15 Mar 21 @ 17:11

The ECB has recently petitioned European Union lawmakers  saying that they expect to have veto power over the launch of stablecoins and other potentially disruptive cryptocurrencies such as Facebook’s Diem... 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