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Why so many banks missed PSD2 deadline and what are the consequences

25 Mar 19 @ 10:13

One of the two biggest PSD2 deadlines mandated has been and gone without without anybody really raising an eyebrow. More importantly, March 14 passed without the compliance of 41% of... read more

IBM launches global payments network based on blockchain

25 Mar 19 @ 09:29

IBM has created a real-time, global payments network to support cross-border transactions and foreign exchange in more than 50 countries using cryptocurrencies or “stable coins.” IBM Blockchain World Wire will... read more

Fraud Report: losses on UK-issued cards totalled £671.4 million in 2018

22 Mar 19 @ 16:35

Fraud losses on UK-issued cards totalled £671.4 million in 2018, a 19% increase from £565.4 million in 2017. At the same time, total spending on all debit and credit cards... read more

Instagram launches Checkout on Instagram

22 Mar 19 @ 16:01

Instagram has launched a new shopping function called Checkout on Instagram. The additional functionality, only currently available in the US with 20 big brands, means you can purchase directly through... read more

How to monetise: The next big thing for Voice Assistants

22 Mar 19 @ 12:47

Voice assistants continue to gain momentum, but there’s still little clarity around how this new interface affects the brand-consumer relationship, and how brands need to reposition themselves in light of... read more

EU cross-border e-commerce market hits €137 billion in 2018

21 Mar 19 @ 17:55

Cross-Border Commerce Europe has released a piece of research covering and ranking the 500 strongest European players with a focus on cross-border e-commerce performance. Total online EU cross-border market represents... read more

Commercial Virtual Card payments to exceed $1 trillion by 2022

21 Mar 19 @ 16:50

A new report has found that the annual value of virtual cards (temporary card numbers only available for a single transaction or limited time) used by businesses will grow 90% over... read more

FIN7 gyber gang: Inside Astra Panel and SQLRat Malware

21 Mar 19 @ 09:57

Despite the arrests of three prominent members of the FIN7 cybercrime gang beginning in January 2018, attacks targeting businesses and customer payment card information did not cease. The latest evidence involves the... read more

The future of shopping is connected, virtual and augmented

19 Mar 19 @ 16:34

McKinsey has announced the findings of a future of shopping survey conducted with 2,624 consumers in France, Germany, UK and the US. The research entitled, ‘The Future of Shopping: connected,... read more

EBA PSD2 register of payment and electronic money institutions

19 Mar 19 @ 13:45

The European Banking Authority (EBA) has launched a central electronic register under the Payments Services Directive (PSD2). The register will provide information on several thousand payment and electronic money institutions... read more

Consumer insights study on German preferred payment methods

18 Mar 19 @ 15:48

First Data has released its first nationally-representative study of more than 2,000 German consumers. The study examines consumers’ preferred payment methods, as well as the key factors that influence the... read more

60% of consumers willing to share significant personal data with Banks for lower pricing

18 Mar 19 @ 13:32

Nearly six in ten consumers would be willing to share significant personal data, such as location data and lifestyle information, with their bank and insurer in exchange for lower pricing... read more

FIS pays $43 billion for Worldpay as mega deal consolidation continues

18 Mar 19 @ 12:22

FIS has announced that it has offered $43 billion to buy Worldpay, in a deal that would create one of the largest providers of payments infrastructure that powers banks and... read more

The global state of online digital trust – a warning from consumers

14 Mar 19 @ 16:40

Amidst a continuous stream of headlines around digital trust and about major data breaches in enterprise and government agencies, the degree to which consumers have placed their trust in organisations... read more

Key questions for banks developing a card, mobile and IoT payments strategy

14 Mar 19 @ 12:45

That banks are struggling with complexity and how to manage competing priorities is nothing new. However, the growth of mobile and now IoT payments means that banks need a back-end... read more

Technology Predictions – Retail technology gets smart

12 Mar 19 @ 17:13

It is not a new concept for tech companies to open physical stores. Microsoft and Apple were the first major players to do so for their own products, but more... read more

Infograph: The 33 top cryptocurrencies in four words or less

12 Mar 19 @ 09:37

Cryptocurrencies, also termed as digital or virtual currencies are considered as a form of asset and the currency is designed to work as an exchange medium. Cryptocurrencies use strong cryptography... read more

Real-time payments and the growing obsolescence of cash

11 Mar 19 @ 17:14

According to the World Payments Report, the global volumes of non-cash transaction volumes grew by 10.1%, reaching 482.6 billion between 2015 and 2016. In addition, McKinsey’s recent Global Payments 2018... 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

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

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