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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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PCM Feature: Neobanks – hot trend or missed opportunity

11 Aug 20 @ 15:44

Digital-only banks, or neobanks, have been a major focus for investors, and are gathering new customers by the boatload. But are they really banking’s future – or just a sophisticated... read more

COVID has changed payments for good: now’s the time to seek expert advice

11 Aug 20 @ 09:27

COVID has accelerated changes in payments such that we’re already in a different landscape – and companies urgently need to make sure they’re ready. Amidst the tragedies and challenges we’ve... read more

Research note: Consumer interest in the credit card is declining

10 Aug 20 @ 14:31

Research from Deloitte has warned credit card issuers they need to do more to encourage credit card use if credit products are to have a long term future, especially with... read more

PayPal reports 86% increase in profits – shift from cash permanent

10 Aug 20 @ 14:08

PayPal has announced that a surge in e-commerce transactions and new accounts has driven quarterly profits 86% higher. The company announced it will continue to support additional investments in mobile-payment... read more

2020 AML fine values already surpass 2019

10 Aug 20 @ 10:14

Duff & Phelps has launched its seventh annual Global Enforcement Review. The report found that H1 2020 has seen an uptick in AML fine values globally totalling $706 million compared... read more

Both Visa and Mastercard top earnings forecasts despite COVID head winds

07 Aug 20 @ 09:05

Visa and Mastercard recently reported quarterly results. Visa reported its fiscal third-quarter earnings and revenue expectations had been hit, but the COVID-19 crisis continues to drive mixed spending trends, with... read more

Report: Global mobile money interoperability

06 Aug 20 @ 12:07

Over a decade ago, mobile money emerged as a standalone service for consumers on the same mobile operator network. Since then, widespread use and uptake has led to integration in... read more

Apple acquires iPhone to payments terminal company Mobeewave

05 Aug 20 @ 14:16

Apple has acquired Mobeewave a Canadian FinTech company that allows its technology to turn iPhones into mobile payment terminals. The Mobeewave technology lets shoppers tap their credit card or smartphone on... read more

China’s central bank considers antitrust probe into Alipay and WeChat Pay

04 Aug 20 @ 12:55

China’s central bank is reported to be considering and antitrust investigation into Alipay and WeChat Pay, the central bank argues the digital payment giants have used their dominant positions to... read more

B2B cross-border payments to grow by 30% to $35 trillion by 2022

04 Aug 20 @ 12:33

A new study has found that the total value of B2B cross-border payments will reach $35 trillion in 2022 from a COVID-related low of $27 trillion in 2020; representing 30%... read more

Google partners with six more US banks furthering digital banking efforts

04 Aug 20 @ 10:05

Google has signed up a further six US banks to support the companies strategy to move into digital banking. The new partners — BankMobile, BBVA USA, BMO Harris, Coastal Community... read more

Visa roll out contactless payments on public transport in 500 cities

03 Aug 20 @ 12:08

With the continued rise in demand for safer ways to travel, Visa has begun to roll-out contactless payment acceptance for public transportation in over 500 cities. Visa is launching contactless branded... read more

Global payments report – trend to digital wallets gaining momentum

31 Jul 20 @ 12:10

A global payments report has confirmed findings from PCM’s proprietary research and other sources that card use is now in slow decline in developed markets and is being replaced by... read more

Modern bank heist: How cyber criminals have evolved

31 Jul 20 @ 10:02

The financial sector is historically one of the most secure industries in the world. It needs to earn trust and convince customers that their hard-earned money is safe. Nevertheless, the fact that banks are guardians of the one... read more

Digital Banking: A whole new world

29 Jul 20 @ 10:25

Today, we launch a major new study into the future of global retail and digital banking and the digital revolution. A Whole New World: Banking’s Digital Future states that by... read more

Omnichannel: Is it the saviour of traditional retailing?

26 Jul 20 @ 10:51

Long described in some quarters as an over-bloated industry buzzword, McKinsey and Co and The Harvard Business Review have recently come out in favour of omnichannel as the customer experience and payments strategy... read more

Australian payment card company Eftpos trial stablecoin micropayments

24 Jul 20 @ 09:28

Eftpos, the leading Australian debit card network is using distributed ledger technology (DLT) from Hedera Hashgraph to trial a stablecoin micropayments system that could rival traditional online methods. In an... read more

Banque de France lines up partners to build a central bank digital currency

23 Jul 20 @ 09:28

Banque de France has announced a list of partners with which it intends to build a central bank digital currency. The bank called for applications to experiment the use of... read more

Trending

Visa launches Intelligence Commerce Connect tool

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

Revolut eyes an IPO, but the valuation story is the real headline

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

American Express launches agentic commerce developer kit

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