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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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Japanese mobile payments taking off as online wallet ownership grows

20 Aug 19 @ 15:18

Japanese mobile payments are finally taking off as the number of consumers in Japan, who own a mobile wallet, has grown by almost 20% this year. GlobalData’s 2019 Consumer Payments... read more

FinTech mega-deals lead to record-breaking $120 billion transaction value in H1 2019

20 Aug 19 @ 11:44

Three FinTech mega-deals totalling $87 billion set the scene for a record-breaking $120 billion in disclosed transaction value for the sector in a ‘white-hot’ first half of 2019, reveals the... read more

Daimler and Commerzbank pilot blockchain e-money wallet for car payments

16 Aug 19 @ 10:29

Commerzbank has partnered with Daimler Trucks on a pilot to use a blockchain e-money wallet called the Daimler Truck Wallet to make payments with e-euros from Commerzbank. Once the e-euros... read more

Mobile: The centre of the fraud prevention universe

16 Aug 19 @ 09:55

The bad guys are winning. This is the sentiment of many financial institution (FI) and merchant fraud mitigation executives, who are finding it increasingly difficult to keep pace with the... read more

Global FinTech investments falls sharply – Trade war and poor economic outlook to blame

15 Aug 19 @ 13:09

According to a new report, global investments in FinTech has  fallen by 29% in H1 2019 as deal activity in China in particular fell sharply amid an escalating trade war... read more

Australian Payments Network shows decline in payment card fraud

13 Aug 19 @ 16:08

Figures recently released by the Australian Payments Network (AusPayNet), the payments industry self-regulatory body, show the rate of card fraud for the 12 months to 31 December was 72.8 cents... read more

Banking on Risk Intelligence: Protecting the digital vault from cybercrime

13 Aug 19 @ 11:47

There’s no such thing as one size fits all when it comes to the intelligence needed to uncover, specify, and prevent cyberthreats. Each industry faces unique challenges and vulnerabilities as... read more

U.S. Spending Snapshot: Spending growth robust in Q1 2019

09 Aug 19 @ 12:18

Year-over-year consumer spending growth, via electronic payments like debit cards, credit cards and mobile payments, remained strong at five and a half percent during Q1 2019, according to the new... read more

Mobile fraud: More than 50% of high risk transactions originating from mobile

08 Aug 19 @ 15:40

Mobile fraud from mobile devices has rapidly evolved over the past several years. From this small, handheld device, your customers can request a ride, book a babysitter, conduct a video... read more

UK’s FCA agrees to postpone SCA rules as 25% of e-commerce transactions threatened

07 Aug 19 @ 11:49

After intense lobbying from cross industry parties throughout Europe, the UK’s Financial Conduct Authority has agreed to delay EU mandated SCA payments regulations by more than 18 months, after warnings... read more

Mastercard buys Nordic payments platform Nets for $3.19 Billion

06 Aug 19 @ 14:06

Mastercard has once again been the more aggressive as it muscled in front of Visa to buy the Nordic payments platform Nets for €2.85 billion ($3.19 billion), using its biggest-ever... read more

Why did Bank of America really terminate First Data JV?

06 Aug 19 @ 13:30

Bank of America recently announced it would end its electronic payment services joint venture with First Data next June, hours after Fiserv completed its acquisition of the payment processor. But... read more

PCM Feature: Is the sun setting on retail POS estates?

05 Aug 19 @ 16:43

Successive waves of Point-of-Sale (POS) terminals are “sunsetting” – no longer receiving software updates – leading to significant upgrade or replacement costs for retailers. Meanwhile, non-POS methods of payment are... read more

Real time payments market size worth $39.02 billion by 2025

05 Aug 19 @ 14:05

The global Real-Time Payments (RTP) market size was valued at 6.90 billion in 2018 and is projected to expand at a CAGR of 29.3% from 2019 to 2025. RTPs are... read more

Apple Card set for commercial launch in August

05 Aug 19 @ 12:21

Apple CEO Tim Cook said during the company’s fiscal third-quarter earnings call that the Apple Card will launch in August.The Apple Card, the company’s credit card that was announced at its services... read more

Mastercard betting big on acquisitions as volume increases 18%

02 Aug 19 @ 09:44

Mastercard has reported strong growth in its core business in Q2 2019, at a time when the network continues its push for contactless cards and development of the new Secure... read more

The impact of SCA: Europe’s online economy set to lose €57 billion

01 Aug 19 @ 10:28

The mechanics of Europe’s online economy are about to change forever. While this may be beneficial in the long run, 451 Research estimates that European businesses stand to lose €57... read more

Contactless card vulnerability can bypass contactless limits

01 Aug 19 @ 10:01

Researchers have discovered flaws that allow hackers to bypass the payment limits on Visa contactless cards, according to a blog by Positive Technologies. Researchers Leigh-Anne Galloway and Tim Yunusov tested... 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