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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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Checkout friction and unfriendly policies are costing retailers

14 Oct 24 @ 16:14

Forter has released findings from its 2024 Consumer Trust Premium Report, which explores the evolving relationship between consumer shopping habits and brand trust, based on 2,000 survey respondents in the... read more

50% of Irish contactless payments now made by mobile wallet

14 Oct 24 @ 15:42

Consumers made more than 1.4 billion contactless payments to the value of €24.8 billion in shops, restaurants and other retail outlets in the 12 months to the end of June... read more

Apple in Payments – Winning by Influencing

14 Oct 24 @ 14:08

A new white paper from Boston Consulting Group outlines the significant strides Apple has made in the payments industry, including its decision to discontinue Apple Pay Later and focus on... read more

Citi and Mastercard partner on cross-border debit payments

11 Oct 24 @ 16:34

Citi and Mastercard have announced a partnership to offer faster, more efficient cross-border payments using Mastercard debit cards across 14 global markets, with plans for expansion. Through Citi’s WorldLink Payment... read more

Alipay+ transactions triple in 2024 – Merchants benefit

11 Oct 24 @ 11:42

Alipay+, Ant International’s cross-border mobile payment venture, has revealed three trends shaping the future of tourism to the benefit of global merchants and the industry. “Tourism’s importance to economic growth... read more

Optimising payment gateways and improving authentication rates

11 Oct 24 @ 11:30

Payment gateways are an integral part of the digital commerce landscape, and as financial transactions are increasingly borderless and consumers demand seamless, secure payment experiences. Payment gateways have become more... read more

Supplementing artificial intelligence with authentic expertise

10 Oct 24 @ 12:49

A new white paper from Visa, Using Artificial Intelligence to Secure the Future of Payments, investigates the changing characteristics of the fraud landscape and, as the title suggests, the central... read more

SoftPOS: A gamechanger at point of sale

10 Oct 24 @ 10:18

Across central and eastern Europe, the move to digital payments is an unstoppable wave – a trend that started before but accelerated during the Covid-19 pandemic. Governments in the region... read more

Visa prepares major A2A payment upgrade with UK launch

10 Oct 24 @ 10:05

Visa is gearing up for the 2025 launch of its A2A payments (Account-to-Account) in the UK, marking a significant advancement in its involvement in the country’s payments landscape. With the predicted... read more

A2A payments set for explosive growth by 2029

09 Oct 24 @ 16:35

A new study has revealed that A2A payments (Account-to-Account) are poised for rapid global growth, with transaction volumes expected to rise from 60 billion in 2024 to an astounding 186 billion... read more

Report: Instant payments to herald a second digital finance revolution

09 Oct 24 @ 15:51

A new report from FIS argues that the current shift to instant payments – set to total more than one in three transactions by 2030 – represents the start of a... read more

CBI and SEPAmail.eu set up interoperable IBAN Name Check

09 Oct 24 @ 15:01

In a strategic move to combat fraud and ensure more secure cross-border payments, SEPAmail.eu and CBI have joined forces to offer an interoperable IBAN-Name Check solution. This collaboration will help... read more

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

Trending

Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

Santander backs Ebury’s next phase with fresh funding

05 May 26 @ 16:52

Banco Santander has reinforced its commitment to Ebury after taking part in a funding round of about £550mn for the cross-border payments and trade finance fin... more

RBC and BMO weigh sale of Moneris as banks retreat from merchant acquiring

06 May 26 @ 16:43

Royal Bank of Canada and Bank of Montreal are reportedly in talks to sell Moneris, their jointly owned payments processing business, to Francisco Partners, in a... more