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Brexit related interchange fees argument rumbles on

09 Feb 21 @ 16:01

Some of the many benefits that were predicted from Brexit may not realise their early promise and interchange fees may be top of that list! The Prudential Regulation Authority talked... read more

Market focus: What’s going on with cashless payments in Japan

09 Feb 21 @ 14:42

The Japanese payments market has long been something of a paradox between technological capabilities and the uptake of those technologies – cashless payments are the same. On the one hand,... read more

JCB move further into Europe with Worldline contactless payments deal

09 Feb 21 @ 09:22

JCB International and Worldine have expanded their partnership to support both the exchange of global e-commerce and the growth of JCB contactless payments enablement across Europe. Previously, the two brands... read more

SWIFT and PBoC set up JV for internationalisation of digital yuan

08 Feb 21 @ 17:33

SWIFT has set up a joint venture with the People’s Bank of China (PBoC), China’s central bank and its digital currency research institute and clearing centre, responsible for the digital... read more

PayPal wins in China…loses out in Indian payments market

08 Feb 21 @ 16:10

PayPal has been driven by market forces to close down its payment operations in India. Instead, it will scale up its existing cross-border business for small enterprises, to gain a... read more

E-commerce in Germany hits new high in 2020, now worth €83.3 billion

08 Feb 21 @ 15:02

E-commerce in Germany was worth €83.3 billion in 2020. This is an increase of 14.6% compared to 2019. The growth is significant, as the average growth over the previous three... read more

Top 10 mobile payment development trends to watch in 2021

04 Feb 21 @ 17:52

3.2 billion people worldwide used smartphones in 2019, and 3.5 billion in 2020. The move towards digital and mobile payment and commerce is so well document both by Payments Cards... read more

ACH Network sees record growth in 2020 to 26.8 billion payments

04 Feb 21 @ 17:15

Payment volume on the ACH Network experienced record growth in 2020 as the pandemic accelerated the nation’s shift to electronic payments. The 26.8 billion payments made on the ACH Network... read more

ECB set to make major announcement on digital euro plans

04 Feb 21 @ 17:02

The European Central Bank has announced that it will take the enormous decision in spring, whether to move ahead with the initial work to launch a digital euro. The complex... read more

Account take over explosion – incidents increased 20 percent compared to 2019

03 Feb 21 @ 17:59

It is becoming painfully clear that the pandemic is a boon of epic proportions for fraudsters. Between COVID-19 scams targeting consumers, the wholesale theft of government benefits, and playing on... read more

Ant forced to put payments group in financial holding company

03 Feb 21 @ 17:25

“If you mess with the bull, expect to get the horns”. So says American folklore – Jack Ma and his Ant group should have listened to the proverb. In just... read more

UK financial watchdog pushes for further regulation of ‘buy now, pay later’ credit

03 Feb 21 @ 16:59

The UK’s Financial Conduct Authority has said that “buy now, pay later” credit deals offered by online retailers pose a “significant potential for consumer harm” and require regulation “as a... read more

Global plastic cards market lose $3 billion amid COVID-19 disruption

02 Feb 21 @ 16:08

The COVID-19 pandemic severely impacted the global plastic cards market manufacturing industry last year, according to the International Card Manufacturers Association (ICMA). The 2020 Global Card Market and Personalization and... read more

Biometrics to secure over $3 trillion in mobile payments by 2025

02 Feb 21 @ 15:50

A new study has found that biometrics will authenticate over $3 trillion of payment transactions in 2025, from just $404 billion in 2020. The report found that biometrics, including fingerprint,... read more

European financial institutions establish European Cloud User Coalition (ECUC)

01 Feb 21 @ 12:48

Leading European financial institutions have taken the initiative to establish the European Cloud User Coalition (ECUC). Cloud computing is a key strategic technology for the digital transformation of the European... read more

Visa CEO say network ready to back Crypto assets

01 Feb 21 @ 10:48

Visa already has a number of stakeholdings in cryptocurrency via wallet and platform partnerships and digital asset companies like BlockFi, Fold, Bitpanda and Crypto.com already issue Visa-branded products. However, Al... read more

Chinese card payments market skyrockets – Australia subdued from COVID

27 Jan 21 @ 17:33

Card payments in China have been on a sustained growth path for the last few years. While the growth has been somewhat affected by COVID-19, it is still forecasted to... read more

Worldline deepens its stablecoin play with launch of “DaVinci Gold” token

27 Jan 21 @ 15:47

Worldline has announced a strategic co-operation with Gold Global Currency, to offer the DaVinci Gold token based on Worldline’s stablecoin management infrastructure. This initiative further expands the capability of Worldline’s... 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

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more