05 Mar 19 @ 10:49
Barclaycard, which processes nearly half of the UK’s credit and debit card transactions, has announces a new card acceptance partnership with UnionPay International, a subsidiary of China UnionPay. The deal... read more
04 Mar 19 @ 12:42
Driven by contactless card payments and by increased card usage, in 2017 the number of card payments continued to grow across the 33 countries covered by our PCM’s Payment Card... read more
04 Mar 19 @ 12:19
Facebook is working on making the FaceCoin cryptocurrency that will let users transfer money on its WhatsApp messaging app, focusing first on the remittances market. The company is developing FaceCoin... read more
04 Mar 19 @ 11:46
Today more than ever, people are living a digital and mobile life, and they expect their ability to pay to match that same “always on” mindset, according to social media... read more
01 Mar 19 @ 13:00
Transformation of some sort is taking place in almost every part of the financial services sector but what does this really mean for the future of banking, and most importantly... read more
01 Mar 19 @ 11:35
Now processing over $1.3 billion a day, the mobile money industry added a record 143 million registered customers in 2018 – according to the GSMA’s annual State of the Industry... read more
01 Mar 19 @ 09:24
The rapid pace of digital transformation has left many industries scrambling to find secure, convenient ways of establishing identity for digital services. The digital identity ecosystem has become fragmented and... read more
27 Feb 19 @ 21:22
Forecasts predict that by 2022, just 17% of global payments will be made by cash. Meanwhile, digital and mobile wallet usage will continue to rise, accounting for 28% of all... read more
27 Feb 19 @ 17:13
Some payments industry commentators have described Artificial Intelligence (AI) as “the fourth industrial revolution”, after the steam engine, electricity and computing – and there’s no doubt that AI has significant... read more
27 Feb 19 @ 11:21
Blockchain has been seen as a panacea for all that ails the financial services and payments industries, but expectations for the distributed ledger technology have been falling almost as fast... read more
25 Feb 19 @ 17:13
In December 2018 on the earnings call for Apple, analysts were given several incremental data points on the usage of Apple Pay. It may seem like an insignificant piece of... read more
25 Feb 19 @ 14:33
Dan Schulman, the CEO of PayPal has gone on record with CNBC and said that the digital payments industry may become a $100 trillion market as the financial technology sector... read more
25 Feb 19 @ 14:20
The U.S. Spending Snapshot shows growth in consumer spending via electronic payments like credit cards, debit cards and mobile wallets more than doubled year-over-year from the third quarter (Q3) 2017... read more
22 Feb 19 @ 14:06
The Indian e-commerce market is estimated to miss the market growth expectations as e-commerce behemoths, which were formally going full throttle, seem to have slowed down ever since the new FDI rules kicked in... read more
22 Feb 19 @ 12:06
From gateways to issuers, today’s payments providers have a treasure trove of data at their fingertips. By using it to generate insights into consumer purchasing behaviour, and coupling these insights with... read more
22 Feb 19 @ 11:30
While enterprises began introducing biometrics into the authentication process decades ago, the introduction of the technology into mobile devices was the catalyst for the consumerisation of biometric authentication. The first... read more
20 Feb 19 @ 12:11
Lloyds Banking Group in partnership with Visa has announced a new pilot scheme designed to boost access to cash, which will see local retailers paid to offer cashback to customers... read more
19 Feb 19 @ 14:55
Visa and MasterCard are reported to be planning to increase interchange fees as well as fees that card networks charge financial institutions for processing card payments for merchants. Though merchants... read more
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
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
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