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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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Tokenisation: A high stakes game for stakeholders

06 Nov 19 @ 09:39

Tokenisation has become an important component of enabling secure payments in Canada, and the payment networks are using it to extend their reach and control over the payments ecosystem, according... read more

Millennials choose payments convenience over security

05 Nov 19 @ 15:34

A survey by Compass Plus has revealed that while millennials rely heavily on their mobile phones, they consider them one of the least secure payment methods. The results show that... read more

The Fifth Anti-Money Laundering Directive – Ready or Not?

05 Nov 19 @ 13:47

The 10th of January 2020 marks the date that the banking and payments industry cannot afford to ignore. It is the date the Fifth Anti-Money Laundering Directive (5AMLD) will become... read more

Mobile banking app most prevalent point of access to services

05 Nov 19 @ 10:51

Marqeta has released results from its digital banking survey, which found that demand for physical bank branches continues to decline as mobile banking platforms offer more seamless access to remote... read more

97% of merchants are already looking to leverage PSD2

04 Nov 19 @ 16:58

Last month, the European Banking Authority (EBA) announced an 18-month delay to the implementation of Strong Customer Authentication (SCA). However, the delay to PSD2 – which follows UK FCA’s own... read more

Governance of payments industry a key trend for 2020

04 Nov 19 @ 14:04

The dynamic payments industry continues to expand and evolve, with digital payment vehicles and transaction volumes growing across the globe. Over the past year, industry incumbents have been responding to... read more

Western Union delivers Open Banking API for global payments

04 Nov 19 @ 09:01

Western Union has deployed full Open Banking application programming interface (API) access to its supporting front-end domestic and international payment applications through its Western Union Business Solutions unit. This new... read more

South Korea launches Open Banking service

01 Nov 19 @ 09:56

South Korea says it has commenced preliminary services for its new Open Banking system, under which a bank customer may use virtually all banking services of any other bank in... read more

Infograph: Cross-border e-commerce sales poised for explosive growth

31 Oct 19 @ 14:54

Online businesses see a world of opportunity for cross-border e-commerce sales and executives are ready to take action. According to The Visa Global Merchant E-commerce Study,  e-commerce leaders globally view... read more

Summary: The World Retail Banking Report 2019

31 Oct 19 @ 10:20

Within today’s connected, digital environment, bank executives realise that customer satisfaction standards must stack up not only to those of other firms providing financial services, but also with non-industry businesses... read more

Kroger lifts ban on Visa cards due to interchange fee

31 Oct 19 @ 09:56

Kroger, the US’s largest grocer, says it will reverse three month interchange fee ban on Visa credit cards. “As of today, Kroger now accepts Visa credit cards at all our... read more

Continued growth in China cements UnionPay as the world’s largest card scheme

30 Oct 19 @ 16:55

New research shows that there were 16 billion payment cards in circulation at the end of 2018, up by 10% since a year earlier. The research indicates that financial inclusion initiatives... read more

Report: Payment services for SMEs – Jump-starting digital payment services

30 Oct 19 @ 12:58

Financial inclusion for SMEs is a hot topic for European governments, financial institutions, banking representatives and small business associations. All recognise that SMEs are a significant part of the region’s... read more

Ubers deep push into financial services with Uber Money

29 Oct 19 @ 12:33

Uber is making a strong push into financial services. The company has announced the formation of a new division called Uber Money, which will include a digital wallet and upgraded... read more

Would a subscription-based banking model fend off challenger banks?

29 Oct 19 @ 11:25

It is forecasted that mobile banking is set to be more popular than visiting a high street bank branch within two years. And as the banking industry continues its digital... read more

Consumer purchase volume send Mastercard beyond results expectations

29 Oct 19 @ 10:47

Consumer purchase volume running through the Mastercard network rose by 14% during Q3 2019, accelerating slightly from Q2, driving revenue and earnings per share past Wall Street’s expectations. Revenue at... read more

Transbank selects AEVI to roll out digital in-store solution for business in Chile

29 Oct 19 @ 10:08

Transbank S.A. and AEVI announced a strategic partnership to help Transbank’s customers in Chile deliver omnichannel and digital in-store experiences for their merchants. Founded as a credit card processing intermediary... read more

Digital Identity: What’s the big IDea?

28 Oct 19 @ 17:06

Senior executives, commentators and analysts all agree – a workable digital identity is key to next-generation payments. Without functioning digital ID, the payments revolution will stall. But as state-sponsored national... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more