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Capital One – Discover merger clears key DOJ hurdle

07 Apr 25 @ 13:53

The US Department of Justice (DOJ) has reportedly declined to oppose the proposed $35 billion merger between Capital One and Discover Financial Services, removing what was seen as the most... read more

Viva.com expands near Instant Payment footprint across Europe

07 Apr 25 @ 13:27

Viva.com has expanded its pan-European activation of Mastercard Move on its payments and banking platform to 24 countries, following the addition of the UK as an additional live origination market. This... read more

Banks spending 70% of their IT budget maintaining legacy system

07 Apr 25 @ 13:13

Recent research from McKinsey & Co has highlighted the tech spending trap for banks[1]. Currently, banks spend up to 70 cents in every dollar maintaining legacy systems, meaning they are... read more

Carrier Billing: Filling the mobility sector’s payment gaps

07 Apr 25 @ 12:56

Whether they’re riding a tram, hiring a bike, paying for tolls, or charging an electronic vehicle, today’s travellers expect a quick, convenient, easy-to-understand payment experience. But sometimes there are hitches,... read more

How is the payments industry being transformed by AI?

07 Apr 25 @ 12:42

Digital payment systems that use artificial intelligence or AI are changing the payment business at a time when technology is changing quickly. In order to better spot scams and make... read more

Visa and World Network in crypto wallet talks

04 Apr 25 @ 12:39

Visa is reportedly in advanced discussions with Tools for Humanity – the company behind Sam Altman’s Worldcoin and its expanding blockchain ecosystem, World Network – to integrate Visa card functionality... read more

Identity threat landscape: Passkeys to replace passwords by 2027

04 Apr 25 @ 11:48

A landmark shift in digital identity security is underway, with phishing-resistant passkeys set to surpass passwords and traditional multi-factor authentication (MFA) by 2027. That’s the key finding from HYPR’s newly... read more

Top 10 merchant acquirers processed $10.6 trillion in 2024

04 Apr 25 @ 10:55

The top 10 US merchant acquirers collectively processed $10.6 trillion in card volume during 2024, according to newly released data from The Strawhecker Group (TSG). The findings, sourced from TSG’s... read more

Ripple expands RLUSD with integration into cross-border payments

03 Apr 25 @ 15:15

Ripple has taken a major step in expanding the real-world utility of its enterprise-grade stablecoin, Ripple USD (RLUSD), by integrating it into Ripple Payments – its flagship cross-border payments platform.... read more

What are digital wallets and why are they a big deal?

03 Apr 25 @ 14:59

Across the five countries covered in a global study carried out for Google — Brazil, France, Germany, the UK and the US — most consumers say they are familiar with... read more

PSR proposed remedies for card fees falls short say critics

03 Apr 25 @ 14:43

The UK’s Payment Systems Regulator (PSR) has published a long-anticipated consultation paper proposing a suite of remedies aimed at improving transparency and accountability in the card fees –  scheme and... read more

Mastercard VCN programme for embedded commercial payments

02 Apr 25 @ 17:07

Mastercard has unveiled a transformative programme designed to supercharge the adoption of virtual cards in commercial payments, signalling a major evolution in how corporates, banks, and platforms interact. At the... read more

Visa bids $100m to replace Mastercard on Apple Card

02 Apr 25 @ 11:07

In a high-stakes move that underscores the strategic value of embedded finance, Visa has reportedly tabled a $100 million offer to displace Mastercard as the network provider behind the Apple... read more

Banks and fintechs scramble for position in the stablecoin race

02 Apr 25 @ 10:57

As reported by Payments Cards & Mobile late last year, a global shift is under way in the world of cross-border payments, with traditional banks and fintechs increasingly drawn into... read more

UK card payments top £1 trillion in 2024

02 Apr 25 @ 08:30

Card payments in the UK surpassed £1 trillion in 2024, according to new figures from UK Finance, underscoring a continued shift towards cashless transactions and the ubiquity of contactless technology.... read more

Swiss love of cash fades as debit cards take over

01 Apr 25 @ 17:13

In a historic shift for one of Europe’s most cash-affectionate economies, debit cards have overtaken cash as Switzerland’s most used in-store payment method, marking a symbolic turning point in the... read more

Is Open Banking ready to become the UK’s payment backbone?

01 Apr 25 @ 16:34

In a world where geopolitical tensions increasingly threaten financial flows, the integrity of national payment infrastructure has taken on new strategic urgency. The recent US sanctions on Russia’s Banks and... read more

Meta platforms under fire as Revolut sounds fraud alarm

01 Apr 25 @ 16:11

A new global fraud report from  Revolut has cast a stark spotlight on the persistent role of social media platforms – particularly those owned by Meta – as enablers of... 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

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... 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