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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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Crypto.com counters SEC with lawsuit over regulatory overreach

09 Oct 24 @ 13:09

Crypto.com has filed a lawsuit against the US Securities and Exchange Commission (SEC), accusing the regulator of overstepping its authority in pursuing the cryptocurrency exchange for the alleged sale of... read more

AI-driven ID Fraud: The battle against financial crime

08 Oct 24 @ 16:48

As artificial intelligence (AI) continues to impact industries, the financial services sector faces a growing threat from AI-driven ID fraud. A recent report, “The Battle Against AI-Driven Identity Fraud“, highlights... read more

PayPal completes first B2B payment with PYUSD stablecoin

08 Oct 24 @ 15:45

PayPal has taken a significant step in demonstrating the practicality of digital currencies for business transactions by completing its first business-to-business (B2B) payment using its proprietary stablecoin, PYUSD. I have... read more

The dawn of Open Finance: Revolutionising financial services

08 Oct 24 @ 10:05

The financial services sector is at the forefront of a major transformation – one that moves beyond the already disruptive wave of Open Banking and into the broader ecosystem of... read more

Visa faces new merchant class lawsuit as legal pressures mount

07 Oct 24 @ 16:32

Visa is under increasing legal scrutiny as a new antitrust lawsuit filed by US merchants joins a wave of legal challenges facing the payment card giant. The latest lawsuit, filed... read more

FCA proposes major changes to safeguarding regime

07 Oct 24 @ 16:06

The Financial Conduct Authority (FCA) is moving forward with significant changes to the safeguarding regime for Payment and E-Money Firms. On 25 September 2024, the FCA published a detailed consultation... read more

E-commerce fraud to hit $107 billion by 2029

07 Oct 24 @ 15:51

The global e-commerce market is projected to grow significantly over the next few years, with a market value expected to reach an impressive $11.4 trillion by 2029 but e-commerce fraud... read more

How embedded finance presents opportunities for merchants

07 Oct 24 @ 10:00

For merchants, their service providers and as a result the consumer at large, Embedded Finance (EF) is way more than mere payment acceptance. Embedded Finance represents a rich, evolving world... read more

The Czech payments landscape – A detailed analysis

04 Oct 24 @ 11:49

As Czechia strides towards 2025, its payments landscape is marked by significant shifts and advancements. The convergence of traditional banking systems with innovative digital solutions is driving a new era... read more

US instant payments set for major growth by 2028

04 Oct 24 @ 11:02

The US Faster Payments Council (FPC), a membership organisation for advancing safe, easy-to-use faster payments in the US, has released the 2024 US Instant Payments Adoption Quantitative Study. This first-of-its-kind... read more

How digital wallets are driving payments change in gaming

04 Oct 24 @ 08:34

The gaming industry is experiencing a rapid transformation, with digital wallets playing a pivotal role in driving payment change. As more gamers demand seamless, quick, and secure payment options, the... read more

Meta expands FIRE fraud partnership – critics say more needed

03 Oct 24 @ 16:07

Meta has announced the expansion of its Fraud Intelligence Reciprocal Exchange (FIRE), a collaborative information-sharing initiative designed to combat fraud. Through this program, banks can share intelligence directly with Meta,... read more

PSD3 and PSR: The future payments landscape in Europe

03 Oct 24 @ 15:47

The European Commission’s payments landscape is evolving once again with the introduction of PSD3 (Payments Services Directive 3) and the new Payments Services Regulation (PSR). Building on the foundation of... read more

Fraud is out of control: Payments industry needs to collaborate

03 Oct 24 @ 08:59

I can remember, some years ago, watching a YouTube video that a guy had recorded while he was playing World of Warcraft, the massively multiplayer online role playing (MMORG). As... read more

MoneyGram and Post Office split after cybersecurity incident

02 Oct 24 @ 16:19

In a surprising turn of events, MoneyGram services have been abruptly discontinued across thousands of UK Post Office branches, following a failed contract renewal negotiation. The decision comes on the... read more

Revolut introduces crypto payment cards

02 Oct 24 @ 15:56

Revolut is introducing dedicated crypto payment cards. These virtual cards allow users to spend their cryptocurrency on everything from large purchases to everyday essentials, like coffee or a daily commute,... read more

Brazil’s central bank advances Drex CBDC journey

02 Oct 24 @ 15:32

The Banco Central do Brasil (BCB) is on the brink of revolutionising its financial landscape with the anticipated launch of its own central bank digital currency (CBDC), Drex. Designed to... read more

Responsible cloud migration – The data security challenge

01 Oct 24 @ 19:59

Since the world went digital the value of data has been unprecedented, and as businesses race to adopt the latest tech to optimise and monetise their data it is set... 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

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

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