magazine

Latest Issue

Digital Currency Convergence

Subscribe now

Daily Insights

Global payments news direct to your inbox

Sign up free

DAILY NEWS

ALL NEWS

Digital payments – The next revolution in payments gathers pace …

14 Feb 20 @ 16:14

The love affair between consumers and their mobile phones is leading to explosive growth in new digital payments across Europe. More and more consumers are shopping across borders online and... read more

Coronavirus phishing and malware attacks spreading through banks and FI’s

13 Feb 20 @ 18:36

Beyond the immediate health threat, a new fraud trend has been noticed. With the widespread media attention around the coronavirus, attackers are already using the topic to bait victims into... read more

Macropay launches specialist platform for local and alternative payments

13 Feb 20 @ 16:52

Macropay has announced the launch of a proprietary platform for local and alternative payments which it has developed in-house to strict global standards. The new platform enables thirteen different local... read more

Major banks implicated as cryptocurrency fraud skyrockets to losses of $4.5 billion

12 Feb 20 @ 10:33

CipherTrace released its Q4 2019 Cryptocurrency Anti-Money Laundering Report. Among key research findings in this fascinating report, it was discovered that cryptocurrency users, exchanges and investors suffered $4.5 billion in crypto-related... read more

Point-to-Point Encryption (P2PE) is evolving – are you?

12 Feb 20 @ 10:08

Are you tired of the worn-out phrase “there is no silver bullet to PCI compliance”, or are you still looking for that magic solution to solve all your problems? If... read more

Future of Banking: The need to strike balance between technology and risk mitigation

11 Feb 20 @ 19:49

Technology and data advances will enable banks to provide customers with a hyper-personalised largely automated service within the next decade, replacing the traditional retail products-based approach. But the extent of... read more

Contactless payment transactions to reach $6 trillion 2024

11 Feb 20 @ 19:31

New data forecasts that global contactless payment transaction values will reach nearly $6 trillion in 2024, up from $2 trillion in 2020. The data found that this increase will be... read more

Mastercard prepare for domestic operations in China through NetsUnion JV

11 Feb 20 @ 15:56

Mastercard has announce that it has received in-principle approval from the People’s Bank of China (PBOC) to begin formal preparations to set up a domestic bankcard clearing institution in China.... read more

WhatsApp Pay sets sights on national roll-out in India

10 Feb 20 @ 17:10

The National Payments Corporation of India (NPCI) has granted permission to WhatsApp Pay, which will cater to 10 million users in India, close to two years after the company’s pilot run.... read more

Australian regulator seeks to break Visa and Mastercard debit card dominance

10 Feb 20 @ 16:29

It has been reported that the Australian regulator, RBA, will consider intervening to stop banks from automatically directing contactless debit card payments through the Visa and Mastercard networks, the central... read more

RS2’s new direct acquiring business launches in Latin America with MOViiRED

07 Feb 20 @ 16:46

RS2 Group has entered into a partnership agreement with MOViiRED Colombia. As part of this partnership, RS2 will launch its new direct acquiring business for the first time anywhere in... read more

Visa planning big changes to its interchange fee structure

05 Feb 20 @ 17:00

Visa is reported to be planning a complete overhaul of its interchange fee structure that merchants pay to accept its cards, hoping to persuade more people to abandon checks and... read more

Biometric authentication of mobile payments to surge 1,000% to $2.5 trillion

05 Feb 20 @ 15:03

According to a new report, biometric authentication will be used to secure $2.5 trillion worth of mobile payment transactions by 2024, an increase of almost 1,000% on the $228 billion... read more

European card payments growth slows to 2.7% as digital payments start to bite

04 Feb 20 @ 10:14

Independent research conducted for the Digital and Card Payments Yearbooks suggests that account-to-account digital payments may be starting to replace card payments in some of the world’s most advanced payments... read more

Consumers ready for next-generation technology to improve retail experience

04 Feb 20 @ 08:44

Most shoppers are now ready and waiting for retailers to implement innovative payment methods and in-store technologies to improve their shopping experience. These findings are part of a global study... read more

Visa and Mastercard heading to be the next trillion dollar companies

03 Feb 20 @ 18:35

Soaring stock prices are propelling Visa and Mastercard up the market value charts, where they currently rank 7th and 11th among companies in the benchmark S&P 500 index. The stock... read more

Cashless payments exceed cash transactions in Russia in for the first time

03 Feb 20 @ 16:43

Sberbank has analysed cashless payments in Russia under the SberData project, its big data analytics and processing initiative. For the first time ever, over a half of products and services... read more

Worldline agree to pay €7.8 billion for Ingenico in another mega merger

03 Feb 20 @ 11:03

Worldline has this morning announced it agreed a deal to buy local rival Ingenico in a €7.8 billion deal that will create a global player in the rapidly consolidating payments... read more

Trending

ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more

Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more