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EBA CLEARING launches SEPA-wide verification of payee solution

11 Dec 24 @ 11:03

EBA CLEARING has unveiled a SEPA-wide Verification of Payee (VOP) solution designed to help payment service providers (PSPs) comply with the Instant Payments Regulation (IPR) and the European Payments Council’s... read more

BofA’s CashPro App to surpass $1 trillion in payment approvals

11 Dec 24 @ 10:53

Bank of America’s CashPro App, a pivotal tool in corporate treasury operations, is poised to exceed $1 trillion in payment approvals by the close of 2024. This milestone represents a... read more

BRC Payments Survey: Rising cash use and escalating card fees

10 Dec 24 @ 17:14

The British Retail Consortium (BRC) has released its 2024 Payments Survey, shedding light on evolving consumer payment behaviours and mounting challenges faced by retailers. The report highlights a second consecutive... read more

Industry leaders weigh in on the FiDA Regulation

10 Dec 24 @ 15:46

The Financial Data Access (FiDA) Regulation, currently under consideration by the European Parliament and Council, represents a significant milestone in the development of Open Finance within the EU/EEA. However, industry... read more

Vipps MobilePay launch first Apple Pay alternative on iPhone

10 Dec 24 @ 10:41

In a ground breaking move, Vipps MobilePay has launched its “tap with Vipps” payment solution in Norway, becoming the first company globally to offer a viable alternative to Apple Pay... read more

6 tips to protect your financial information making online payments

10 Dec 24 @ 10:20

Due to increased e-commerce and online purchases, awareness and watchfulness regarding financial data protection should be given much attention. With the convenience of online payment, many globally are resorting to... read more

Google challenges CFPB’s supervision of Google Pay in Federal Court

09 Dec 24 @ 17:32

In a significant legal move, Google has filed a lawsuit against the Consumer Financial Protection Bureau (CFPB), challenging the agency’s decision to supervise Google Pay. The case, filed in the... read more

Innovation in Hungarian instant payments with qvik

09 Dec 24 @ 11:27

Digital payments in Hungary have just become easier, cheaper and faster with the ‘qvik’ instant payment service, which was launched by the central bank in September 2024. Consumers are now... read more

Why digital merchants should read up on mid-20th century American architect

09 Dec 24 @ 10:22

When digital merchants are planning their future investments, few of them will look back to the mid-20th century for inspiration. But, when it comes to their payment capabilities, a new... read more

State of Fintech Report: Trends and insights

06 Dec 24 @ 13:49

The fintech sector continues to evolve, with 2024 shaping up as a pivotal year marked by shifting investment dynamics, regulatory pressures and burgeoning innovation. Insights from the State of Fintech... read more

SaaS for payment service providers – Boosting security and efficiency

06 Dec 24 @ 11:53

Across Europe, numerous financial institutions are embracing Software-as-a-Service (SaaS) solutions as essential tools for achieving cost savings, efficiency and scalability. Whether in France, the UK, Spain or Germany, banks and... read more

Mastercard agrees £200m settlement for UK interchange fees

05 Dec 24 @ 13:42

Mastercard has reached an agreement in principle to settle a £200 million legal claim brought on behalf of 46 million UK consumers over allegations of unfairly high card transaction interchange... read more

Black November – Black Friday evolves into month-long sales event

05 Dec 24 @ 12:45

The traditional Black Friday weekend is rapidly being replaced by ‘Black November,’ as retailers embrace month-long discount strategies to cater to changing consumer habits. This shift in consumer behaviour is... read more

Bitcoin surges past $100,000 but dark side re-emerges…

05 Dec 24 @ 10:28

Bitcoin has shattered the $100,000 mark for the first time, riding a wave of investor optimism fuelled by anticipated regulatory and political support under the leadership of US President-elect Donald... read more

CFIT combatting economic crime with digital ID innovation

04 Dec 24 @ 09:50

The Centre for Finance, Innovation and Technology (CFIT) is spearheading a transformative initiative to combat economic crime and enhance financial security across the United Kingdom. With support from over 70... read more

Digital payments soar: Key trends from McKinsey survey

04 Dec 24 @ 09:28

The adoption of digital payments continues to accelerate across the US and Europe, reshaping consumer behaviours and driving innovation in commerce. Findings from McKinsey’s ninth annual Digital Payments Survey highlight... read more

ECB publishes second progress report on digital euro

04 Dec 24 @ 09:00

The European Central Bank (ECB) has released its second progress report on the development of a digital euro, exploring the potential for issuing a central bank digital currency (CBDC) for... read more

Reviving correspondent banking: The key to cross-border payments

03 Dec 24 @ 14:27

As the global economy grows increasingly interconnected, cross-border payments have become a critical area of focus. Yet, as pointed out before by Payments Cards & Mobile, challenges such as high... 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