13 Oct 20 @ 09:33
Card fraud losses on UK-issued cards totalled £620.6 million in 2019, an 8% decrease from £671.4 million in 2018. At the same time, total spending on all debit and credit... read more
12 Oct 20 @ 16:19
The world of finance has undoubtedly been disrupted by mobile, with FinTech companies offering innovative digital services, including in-store mobile payment apps and non-bank money transfers. EY’s Global FinTech Adoption... read more
12 Oct 20 @ 15:44
2020 marks the 13th edition of the ATM and Self-Service Software Trends report. And for the self-service banking segment, what a year it’s been already. The second decade of the... read more
12 Oct 20 @ 09:39
In a recent statement, EuroCommerce – the European retailers’ association – has welcomed the EU’s retail payments strategy (RPS) and plans for European banks to collaborate in a European Payments... read more
09 Oct 20 @ 16:06
New research shows that spending on payment cards continues to grow strongly, expenditure rose by 13% to reach $35 trillion in 2019. There were a number of factors driving this... read more
09 Oct 20 @ 15:23
Payments could be Apple’s next multibillion-dollar business according to Krish Sankar a Cowen analyst. In a research note this week he notes that the three elements of the business, Apple Pay, Apple Card and Apple... read more
09 Oct 20 @ 09:45
A group of seven central banks together with the Bank for International Settlements (BIS) has published a report identifying the foundational principles necessary for any publicly available CBDCs to help... read more
08 Oct 20 @ 13:14
Payments players are used to operating in an instant and real-time world, but few could have anticipated the crushing speed of the pandemic or its devastating toll. With economic life... read more
08 Oct 20 @ 13:00
The ECB has announced that it will investigate how TARGET Instant Payment Settlement (TIPS) could support instant payments transactions across different currencies. The investigation will begin as of October 2020... read more
08 Oct 20 @ 12:41
Goldman Sachs is rumoured to be closing in on the acquisition of General Motors’ credit card business Goldman will pay about $2.5 billion for the portfolio, which has roughly that... read more
06 Oct 20 @ 17:10
The latest version of the World Payments Report has been released today, payment firms are being pushed rapidly into transformation, even as they handle larger transaction volumes, face increased competition... read more
06 Oct 20 @ 15:11
P27 Nordic Payments Platform, after having registered interest in 2019, has signed an agreement to acquire Bankgirocentralen BGC AB (Bankgirot), Sweden’s only clearing house for mass payments. Bankgirot, established in... read more
06 Oct 20 @ 09:44
Artificial Intelligence driven technology is gaining momentum in the digital payments market, both in backend operations and customer-facing payment systems. Over the past few years, the digital payments market has... read more
05 Oct 20 @ 18:58
A new survey by RUSI and ACAMS has revealed how professionals in the cryptocurrency industry believe that governments are behind the curve on the perceived risks, opportunities, and regulation of... read more
05 Oct 20 @ 18:15
The European Central Bank (ECB) has released a report in which it states the importance they are placing on a potential digital euro which they are seriously considering and studying... read more
05 Oct 20 @ 13:55
Nexi, an Italian PayTech leader and SIA have signed a memorandum of understanding (MoU) regarding the integration of the two groups through the merger by incorporation of SIA into Nexi.... read more
02 Oct 20 @ 15:44
The public health crisis triggered by COVID-19 has had an impact on nearly all aspects of daily life for people across the globe, has put the world economy on an... read more
02 Oct 20 @ 14:59
Castles Technology has completed the acquisition of the business and assets of Spire Payments, the leading European based EFTPOS terminal solutions provider. With the acquisition of the business and assets... read more
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
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
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