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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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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

How 5G will revolutionise retail payments

31 Jul 19 @ 15:43

Retail has increasingly become a mobile function to meet the needs of a constantly on-the-go consumer base, especially with the rise in popularity of mobile e-wallets. The introduction of 5G... read more

FIS closes acquisition of Worldpay

31 Jul 19 @ 14:59

FIS announced the closing of its acquisition of Worldpay, creating a global leader in technology and solutions for merchants, banks and capital markets. The combined company will have over $12... read more

Co-op extends its cashierless technology trial in UK

31 Jul 19 @ 14:43

The UK’s Co-op is continuing to make changes in-store with the rollout of more cashierless technology into more convenient stores as cash-use continues to drop. The retailer is extending its... read more

Start winning with omni-channel and Apple Pay

30 Jul 19 @ 11:50

Speed and convenience – these are the main ingredients consumers look for in a shopping experience today. If you’re short on either of these, big chances are your shop, either... read more

WhatsApp Pay prepares to take advantage of Indian digital payments momentum

29 Jul 19 @ 15:33

WhatsApp Pay has been around in India for over a year now but the service is yet to receive its official rollout. Facebook is still in the process of getting... read more

Global banks heap pressure on Libra as negative feedback continues

29 Jul 19 @ 12:30

Its neither a cryptocurrency nor does it run on blockchain, aside from these minor points, US and European banks are also steering clear of Libra, Facebook’s project for a new... read more

EMEA Cybercrime Report – Q1 2019

29 Jul 19 @ 10:42

The EMEA region is a patchwork quilt of cultures and languages, defined as much by its diversity as by the commonalities shared by geographical proximity. These unique factors create a... read more

Digital banking only? Younger consumers demand bricks and mortar services

29 Jul 19 @ 10:21

The rush to digital banking and to close high street bank branches may be premature, according to the latest Somo White Paper – Are digital only brands the future of... read more

Visa in talks to acquire Nordic payment firm Nets

26 Jul 19 @ 11:56

Visa is reported to be among the companies looking at the acquisition of Nordic payment firm Nets, according to people familiar with the discussions. If agreed, a deal for the... read more

Protection for the 21st Century: How secure are merchants?

19 Jul 19 @ 09:48

According to an article which first appeared in InPayments, Security is an ongoing concern for SMEs, especially when transactions are taking place via online channels, with customers and service providers... read more

P2P drives mobile money to exceed 200 billion transactions

19 Jul 19 @ 09:35

New data from Juniper Research has found that the volume of domestic money transfers via mobiles will exceed 203 billion in 2024, up from 130 billion in 2019. Domestic P2P payments will... read more

LG Pay finally launches mobile payments in US

19 Jul 19 @ 09:21

LG Electronics has reportedly launched its mobile payment app in the US. The LG Pay app will be available for download across select LG phones. Reports cite, LG also recently... 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