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38% of all payments made in the UK now contactless

05 Aug 24 @ 16:23

UK Finance has release its latest Payment Markets Report, produced in collaboration with Accenture, which shows payments trends for the UK in 2023 and gives forecast projections for the next... read more

The UK payments landscape – A detailed analysis

05 Aug 24 @ 15:32

According to the latest Digital & Card Payment Yearbooks,  in recent years, the UK payments landscape has undergone a dramatic transformation, driven by technological advancements and changing consumer behaviours. The... read more

New fraud types are emerging linked to instant payments

05 Aug 24 @ 15:21

As instant payments experience rapid growth around the world a new white paper from global payment technology experts RS2  says banks must prepare for new kinds of fraud linked to... read more

Open Banking: 10 million users and its impact on financial services

02 Aug 24 @ 15:01

The UK has reached a significant milestone in its financial services sector, with over 10 million consumers and small businesses now actively using Open Banking technology. This development, coming six... read more

European Merchants face headwinds – want A2A payments

02 Aug 24 @ 14:37

A new study from the Merchant Payments Ecosystem (MPE) organisation and Arkwright Consulting reveals European consumers and merchants in downbeat mood after the pandemic. With almost all European consumers surveyed... read more

Latin America and Africa – Hot, and getting hotter

02 Aug 24 @ 14:24

Consistently ranked as the fastest-growing and most innovative globally, Latin American and African markets have attracted significant investor interest. There’s a comfortable, if misplaced, perception in the West that the... read more

UK Neobanks to outpace legacy banks by 2025

01 Aug 24 @ 10:59

The rise of neobanks in the UK has been nothing short of revolutionary. According to recent reports, neobanks are on track to surpass traditional banks in app downloads by 2025,... read more

Breaking barriers: How FIs can leverage Instant Payments

01 Aug 24 @ 10:29

In an era where immediacy is paramount, the 2024 Instant Payments Report by the U.S. Faster Payments Council (FPC) and Finzly provides a comprehensive analysis of the state of instant... read more

New Data Wallet launched by Tim Berners-Lee

31 Jul 24 @ 16:25

Inrupt, a company led by Sir Tim Berners-Lee, best known for inventing the World Wide WEB, HAS announced the launch of its Data Wallet. Enterprises and governments use the technology... read more

The Bank of England’s strategy for innovation in payments

31 Jul 24 @ 11:32

As the global financial landscape evolves, the Bank of England (BoE) has released a discussion paper outlining its approach to innovation in money and payments. This comprehensive strategy emphasizes the... read more

The French payments landscape – A detailed analysis

31 Jul 24 @ 10:42

According to the latest Digital & Card Payment Yearbooks, the French payments landscape has undergone significant changes, driven by regulatory reforms, technological advancements, and evolving consumer behaviours. With the revised... read more

Evaluating the environmental impact of cash vs. digital payments

30 Jul 24 @ 15:42

In an era where sustainability and environmental impact are crucial considerations across industries, the realm of payments is no exception. On behalf of the European Digital Payment Industry Alliance (EDPIA),... read more

Commercialising Open Finance – a perspective from Visa Consulting & Analytics

30 Jul 24 @ 12:42

In June 2024, Visa Consulting & Analytics partnered with Tink to launch a new report: Commercialising Open Finance: The state of play, the direction of travel, and best practices from... read more

Banks must control risk as instant payments go global

30 Jul 24 @ 11:51

A new white paper  from global payments technology leader RS2 explains why banks must control the risks associated with instant payments to survive and prosper in a fast-emerging instant payments... read more

How Pay-by-Bank is gaining ground

26 Jul 24 @ 10:30

Are we on the brink of a revolution that displaces Visa and Mastercard from their pole position in payments? For decades, merchants have needed to accept these cards to capture... read more

UK workers spend a third of their day on meaningless tasks, despite surge in AI use

26 Jul 24 @ 09:46

Artificial Intelligence was meant to liberate us from tedious tasks, but a new report illustrates that UK workers continue to grapple with mundane busy work. And this is despite a... read more

Revolut strikes gold and receives UK banking licence

25 Jul 24 @ 10:36

Revolut has announced it has finally been granted its long awaited UK banking licence, ending a three-year wait and constant arguments with regulators, delivering an undoubted boost to its expansion... read more

The secret behind Neteller’s success in online casinos

25 Jul 24 @ 10:20

Why is Neteller one of the most frequently used and cited payment methods for British gamblers but rarely heard about outside of the iGaming sector? Yes, Neteller does enjoy a... read more

Trending

Revolut eyes an IPO, but the valuation story is the real headline

21 Apr 26 @ 14:35

Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more

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

Banks to reinforce cyber defences as AI changes the threat model

22 Apr 26 @ 19:36

Banks are hardening their cyber defences as artificial intelligence begins to alter the economics of digital attacks. For financial institutions, the challenge ... more