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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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UK financial sector faces regulatory push over APP fraud rules

19 Aug 24 @ 13:18

Rachel Reeves, the UK Chancellor, is urging regulators to demonstrate how they are promoting the City’s competitiveness while safeguarding consumers. Reeves’ call comes as the Treasury raises concerns about a... read more

Future of payments: Digital innovations redefining shopping

15 Aug 24 @ 16:51

As market digitalization accelerates, customer expectations are reshaping how we shop and pay, blending online and offline experiences into unified commerce. Digital wallets are rising in popularity, automated systems promise... read more

The Italian payments landscape – A detailed analysis

15 Aug 24 @ 14:45

The Italian payments market is undergoing a profound transformation driven by technological advancements and evolving consumer behaviours. As we move through 2024, the Italian market is seeing significant shifts towards... read more

Apple to open NFC chip to third parties amid regulatory pressure

15 Aug 24 @ 13:58

Apple has announced it will open its iPhone’s NFC chip to third-party developers in multiple countries, including the US, UK, and several others, as part of its iOS 18.1 update.... read more

European banks raise concerns over UK’s proposed cap on interchange fees

14 Aug 24 @ 15:58

European banks have expressed “serious concerns” regarding the UK Payment Systems Regulator’s (PSR) plan to cap interchange fees on cross-border digital transactions. This proposal, which impacts fees levied by Visa... read more

American Express exits Russia amid ongoing tensions

14 Aug 24 @ 12:32

The Russian central bank has officially revoked the banking license of American Express’s Russian subsidiary following a voluntary liquidation request by the US lender’s unit. This decision comes after Russian... read more

Addressing the threat of AI and deepfakes in payments

14 Aug 24 @ 11:36

As artificial intelligence (AI) continues to evolve, so do the risks associated with its misuse, particularly in the realm of deepfakes. A recent global study, conducted by iProov in collaboration... read more

Mobile payment fraud: Strategies for a secure digital economy

13 Aug 24 @ 15:39

As mobile payments continue to rise globally, the need to address the growing threat of mobile payment fraud becomes increasingly urgent. The white paper “Keeping Fraud Away from Mobile Payments”... read more

Cash App exits UK amid strategic shift by Block

13 Aug 24 @ 13:01

Cash App, a mobile payment service operated by Block (formerly Square), is set to exit the UK market, with operations ceasing on September 15, 2024. This decision is part of... read more

5 ways to make money from cryptocurrency

13 Aug 24 @ 12:04

Cryptocurrency has had quite the journey so far. It started out as a novel idea that only a few people believed in. Now, cryptocurrency assets are used around the world... read more

Keeping e-commerce shoppers happy from start to cart

12 Aug 24 @ 17:17

During peak shopping seasons, e-commerce retailers have their work cut out for them in the fight for customer wallets. While steep sales and fun advertising can bring customers in, a... read more

The quantum computing threat: A new era in cryptography

12 Aug 24 @ 13:43

The rapid advancements in quantum computing are poised to challenge the security of digital data globally, prompting the need for a new generation of cryptographic standards. The U.S. National Institute... read more

Bank systems need to change for the instant payments era

12 Aug 24 @ 11:18

In a new white paper, leading global payments technology firm RS2 outline the risks presented by instant payments – and what banks can do to manage these risks, and optimize the... read more

E-commerce and POS proliferate, cash and crypto bring up the rear

09 Aug 24 @ 13:11

Payments Cards & Mobile’s exclusive annual review of payments data from the Digital & Card Payments Yearbooks, covering the 33 European Economic Area (EEA) countries (27 member states plus UK,... read more

US debit: Importance to consumers continues to increase

09 Aug 24 @ 12:42

More US consumers are using debit for more transactions and are spending more in the process. The 2024 PULSE Debit Issuer Study, commissioned by Discover Financial Services and conducted by... read more

91% of Fintech leaders believe industry investment will return

09 Aug 24 @ 11:33

A new survey of fintech leaders reports 91% of them believe that fintech investment will grow again next year. The survey was completed at Money 20/20 Europe in Amsterdam, and... read more

Global Payments Report: prepaid card spend to hit $1 trillion

08 Aug 24 @ 13:01

The Global Payments Report 2024 from Worldpay shows that transaction value on prepaid cards is set to surpass $1 trillion in 2024. As one of the most flexible payment forms... read more

X progresses towards becoming a Super App with Payment button

08 Aug 24 @ 12:43

Elon Musk’s ambitious vision for X as a Super App is steadily materialising. Recent developments indicate that X is close to launching its own payment system, marking a significant step... 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