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More than half of banks say legacy systems are holding them back

28 Apr 25 @ 09:14

2024 research from IBS Intelligence claims more than half (55%) of banks feel legacy systems are a drag on performance – but only 32% feel they have addressed this problem[1].... read more

Amazon launches agentic AI ‘Buy for Me’ button

25 Apr 25 @ 10:00

Amazon is taking a significant step toward redefining the retail user journey with its experimental “Buy for Me” feature—a tool powered by agentic AI that enables users to purchase products... read more

Swift targets $1.6bn cost cross-border payment investigations

25 Apr 25 @ 09:46

Swift has unveiled an enhanced Case Management solution designed to streamline the investigation of delayed cross-border payments — an operational pain point that is costing the global financial industry more... read more

eBay expands Klarna partnership to boost BNPL payments in US

25 Apr 25 @ 09:35

eBay has announced the expansion of its strategic partnership with Klarna, bringing the fintech’s BNPL payment solutions to the US market. The move marks a significant milestone in eBay’s global... read more

FIDA in flux: What next for EU Open Finance Regulations?

24 Apr 25 @ 17:18

The European Union’s proposed Financial Data Access (FIDA) regulation — once heralded as a cornerstone of the bloc’s digital finance ambitions — now finds itself mired in uncertainty. Initially flagged... read more

Digital wallets and the future of cross-border payments

24 Apr 25 @ 17:01

As cross-border commerce accelerates, digital wallets are emerging as a key driver of innovation — but in the UK, a gulf remains between merchant enthusiasm and consumer hesitancy. A new... read more

PayPal and Coinbase deepen alliance to accelerate stablecoin adoption

24 Apr 25 @ 16:41

PayPal and Coinbase have announced a significant expansion of their strategic partnership, aimed at propelling the growth of PayPal USD (PYUSD), a regulated USD-denominated stablecoin introduced by PayPal in 2023.... read more

39 million scam accounts suspended by Google AI

23 Apr 25 @ 17:07

In a sweeping effort to tackle online advertising fraud, Google has suspended more than 39 million scam advertiser accounts in the US alone over the past year — tripling the... read more

Central Banks prepare for cross-border payment breakthrough

23 Apr 25 @ 16:51

A new phase in the evolution of global real-time, cross-border payments is underway, as five central banks behind Project Nexus — a Bank for International Settlements (BIS) initiative — launch... read more

Crypto clash: Why Trump’s embrace of stablecoins is rattling the EU

23 Apr 25 @ 16:39

The European financial establishment is entering open conflict with itself as anxiety mounts over a potential surge in stablecoins and American crypto influence, fuelled by US President Donald Trump’s renewed... read more

Discover hit with $1.2 billion restitution order over interchange fees scandal

22 Apr 25 @ 11:36

Discover Bank has been ordered to return more than $1.2 billion to merchants after a regulatory investigation found that it had systematically misclassified millions of consumer credit cards as commercial... read more

Barclays strikes deal with Brookfield to reshape UK payments business

22 Apr 25 @ 11:26

Barclays has agreed a complex strategic transaction with Brookfield Asset Management that could see the Canadian private equity giant assume majority ownership of the British bank’s payments business over the... read more

Global Payments to acquire Worldpay and divest Issuer solutions

22 Apr 25 @ 10:28

In a sweeping strategic reshuffle, Global Payments has announced a landmark agreement to acquire Worldpay for a net purchase price of $22.7 billion while simultaneously divesting its Issuer Solutions business... read more

How Telcos are becoming payment gateways for the digital economy

22 Apr 25 @ 09:42

Telecom operators are emerging as key enablers of digital payments leveraging vast datasets and real-time customer behaviour insights. Through direct carrier billing (DCB), content bundling, and seamless onboarding, telcos are... read more

Kraken and Mastercard join forces for crypto payments in UK

16 Apr 25 @ 10:29

In a stark move for the crypto and payments industries, Kraken and Mastercard have announced a strategic partnership aimed at enabling seamless crypto payments across the UK and Europe. This... read more

AI-enabled orchestration is the answer to legacy system headaches – here’s why

15 Apr 25 @ 16:06

A new white paper from RS2 says banks have suffered the effects of out-of-date legacy systems for too long. These negative effects include ineffective system performance, low innovation capacity, high... read more

Debunking five common encryption myths

15 Apr 25 @ 13:30

Encryption has a fascinating history that spans thousands of years, but it has become deeply ingrained into our business psyche with the development of public-key cryptography in the 1970s, which... read more

The economic and commercial impact of mobile money

10 Apr 25 @ 14:03

As mobile money continues to permeate the financial lives of millions, its economic and commercial impact is becoming undeniable. Payments Cards & Mobile recently reported on the surge of accounts... read more

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more