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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

27 Jan 21 @ 13:09

South America has witnessed exceptionally dynamic growth and evolution of its neobanks landscape, with now more than 30 live digital banks that serve over 50 million customers out of the... read more

26 Jan 21 @ 18:04

Mastercard says it will enhance contactless payments by applying the latest quantum-resistant technologies. Mastercard says it has designed the Enhanced Contactless (Ecos) specifications to increase the security and convenience of... read more

26 Jan 21 @ 15:18

Fraud in the UK has reached epidemic levels and should be seen as a national security issue, according to think tank the Royal United Services Institute (RUSI). Driven in part... read more