magazine

Latest Issue

THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

Subscribe now

Daily Insights

Global payments news direct to your inbox

Sign up free

DAILY NEWS

ALL NEWS

US mobile P2P payments start to gain traction

29 Aug 19 @ 13:22

Mobile P2P payments in the US are booming with consumers sending each other billions of dollars through (some) digital apps. Last week, JP Morgan Chase announced it will follow suit... read more

5G will drive $12 billion in mobile commerce revenue by 2021

29 Aug 19 @ 12:32

The coming of 5G will translate into an additional $12 billion in mobile commerce revenue for retailers in three years, according to Adobe projections. That assumes a smooth, scheduled rollout... read more

US consumers still prefer cash for small purchases

23 Aug 19 @ 12:43

Consumers prefer to use cash for purchases of less than $10, despite other more convenient options, according to a new CreditCards.com survey. In fact, 49% of US adults usually pay... read more

Chase Pay mobile wallet app to shut down…another one bites the dust!

22 Aug 19 @ 08:31

JP Morgan Chase has announced it will follow suit of many other notable others and shut down its mobile wallet app Chase Pay in the bank’s third reversal on digital... read more

Infograph: Top cybercrime facts and the dark web

21 Aug 19 @ 15:53

Cybercrime grows in the anonymised depths of the dark web – underground websites where the criminally minded can meet to traffic illegal products and services, develop contacts for jobs and... read more

Libra project on rocky ground as aggressive EU regulators start probe

21 Aug 19 @ 12:27

Libra Coin, Facebook’s cryptocurrency project is reported to be being investigated by European Union antitrust regulators. The European Commission said it is “currently investigating potential anti-competitive behaviour,” related to the... read more

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

Trending

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more

Bank of England Warns DLT Complexity in Settlements

18 May 26 @ 17:07

The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more

Visa announces €500 Million European Investment Signals Strategic Response to Payments Sovereignty Push

31 May 26 @ 12:59

The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions acros... more