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Digital payments in Europe to hit $802 billion in 2020

23 Mar 20 @ 17:08

I am sure that the entire payments community is looking for some good news! So here we go, the increasing number of mobile phone users and the massive growth of... read more

COVID-19: $76 billion wiped off private FinTech market

23 Mar 20 @ 12:05

What a difference one month makes. Public FinTechs were significantly outperforming the S&P 500 and Nasdaq until the COVID-19 crisis hit. On Feb 19th, the FinTech index comprising 26 public... read more

Inside payment card fraud

20 Mar 20 @ 13:29

Payment card fraud, arguably one of the most straightforward approaches to financially motivated crime, persists in the face of ongoing anti-fraud efforts from regulators, financial institutions, and retailers. Carding, as... read more

ECB reveals €750 billion COVID-19 stimulus package

20 Mar 20 @ 12:49

The European Central Bank says it will spend €750 billion in bond purchases to calm down sovereign debt markets, in the strongest signal in the euro area to date that... read more

US launches Cryptocurrency Intelligence Program

20 Mar 20 @ 12:30

The US has revealed a Cryptocurrency Intelligence Program aimed at identifying unlicensed crypto businesses using P2P sites, online forums, and darknet markets. These areas have consistently presented “a significant challenge... read more

Cybersecurity: Time is up for inaction

19 Mar 20 @ 10:46

Throughout the past two decades corporates have swiftly transitioned from traditional linear business models to platform based as the demand for quality product outlay in record time escalates. With platform-based... read more

COVID-19: The impact of coronavirus on the mobile economy

18 Mar 20 @ 13:18

As COVID-19 bites, businesses enforce working from home, conferences are postponed, flights are cancelled, schools are closed, storefronts and restaurants shut their doors and people are quarantined inside, the world... read more

Majority of Americans would allow Big Tech to use their spending data

17 Mar 20 @ 17:10

A majority of Americans, 64%, would consider purchasing or applying for financial products from a Big Tech company instead of a traditional financial services provider. Among those ages 18 to... read more

Tech nation: UK FinTech tops the charts for investment

17 Mar 20 @ 12:54

In a ray of good news, The annual Tech Nation report charts and champions the digital economy. As emerging and maturing technologies continue to disrupt and transform incumbent industries, and... read more

Finablr seeks insolvency as stock market blood bath takes first victim

17 Mar 20 @ 09:47

As the global battle against Covid-19 moves into uncharted territory, the avalanche witnessed across global stock markets may have claimed its first victim. Finablr, the owner of Travelex, has asked... read more

COVID-19 concerns effecting e-commerce as consumers avoid physical stores

13 Mar 20 @ 13:08

Across many countries where the newest strain of the coronavirus (COVID-19) has made an impact, isolation and social distancing measures have been put in place. Workers in some infected countries have been... read more

Libra competitor Celo digital currency launches with 50 members

13 Mar 20 @ 12:46

The Celo Foundation, which not only appears to be similar to Facebooks Libra project but in direct competition, has unveiled 50 members for its ‘Alliance for Prosperity’. Celo has a... read more

Amazon plans to offer cashierless checkout technology to other retailers

13 Mar 20 @ 10:49

Amazon says it will begin offering its cashierless checkout technology that powers its Go stores to other retailers.  The Just Walk Out technology enables shoppers to “take what they want... read more

State of the Industry: Global financial services players yet to align on key issues

12 Mar 20 @ 18:28

Key players in the financial services industry are set on a clear pathway towards collaboration, whether they like it or not, according to a new ‘State of the Industry’ report... read more

Nets acquires Polish payment provider Polskie ePłatności (PeP)

12 Mar 20 @ 12:37

Nets has announced the acquisition of Polskie ePłatności (“PeP”), a leading Polish merchant acquirer with an installed base of more than 125,000 POS terminals, offering a broad set of payment... read more

Wirecard and Klarna launch joint payment solution

12 Mar 20 @ 11:44

Wirecard and Klarna, a global payments and shopping provider, announced the launch of a new enhanced joint payment solution. All three Klarna shopping methods, Pay Now, Pay Later and Klarna... read more

Global mobile economy valued at $4.9 trillion by 2024 as 5G ramps up

11 Mar 20 @ 18:33

5G has gained significant traction over the past year and is now live in 24 markets worldwide, supported by an expanding roster of 5G devices and growing awareness among consumers.... read more

Trust is at the heart of banking – can the incumbents hold off the challengers?

11 Mar 20 @ 13:03

There was a time when banks were pillars of the community. Customers relied on them to keep their money safe and help them weather economic storms. This intimacy – and... read more

Trending

JPMorgan and Mastercard Back Firmly’s Agentic Commerce Infrastructure

12 Nov 26 @ 20:46

J.P. Morgan Payments and Mastercard have invested in Firmly, a Seattle-area commerce infrastructure company building technology to connect merchants with AI sho... more

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