magazine

Latest Issue

Digital Currency Convergence

Subscribe now

Daily Insights

Global payments news direct to your inbox

Sign up free

DAILY NEWS

ALL NEWS

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

Fiserv and Wells Fargo walk away from acquiring JV

01 Oct 24 @ 19:32

In a significant shift within the payments industry, Fiserv and Wells Fargo are preparing to conclude their long-standing acquiring joint venture, Wells Fargo Merchant Services (WFMS). Initiated in 2019 following... read more

The Power 50 launches Payments vertical

01 Oct 24 @ 09:22

Nominations are now open for The Payments Power 50 2025, the new annual guide showcasing the most influential and innovative companies, along with visionary leaders shaping the future of the... read more

Ecommpay extends Token.io partnership for Open Banking payments

01 Oct 24 @ 09:00

Ecommpay has extended its partnership with Token.io adding virtual accounts in four new markets — the Netherlands, Spain, France and Ireland. Ecommpay Open Banking Advanced, delivers cash-flow and customer experience... read more

Customer loyalty protects traditional banks from fintechs gaining ground

30 Sep 24 @ 17:11

Kearney has released the latest data from its annual European Retail Banking Radar, finding that more than two-thirds (73%) of European bank clients have kept their primary account at the... read more

Report: A deep dive into payment fraud in the EU

30 Sep 24 @ 13:49

The European Banking Authority (EBA) and the European Central Bank (ECB) have jointly published the 2024 Report on Payment Fraud, providing a critical analysis of data from the European Economic... read more

Legacy systems still weigh heavy but payments are priority

30 Sep 24 @ 12:43

Retail banking is in various degrees of flux yet it is becoming clear that payments have fast become the differentiating factor for success. While much of the noise around modern... read more

AI in business: Tangible value is underwhelming (currently)

27 Sep 24 @ 11:43

In the same week that The Bank of England called on financial services firms to join its AI consortium, Cledara have released finding of a report that, at it heart,... read more

The future of biometric authentication in B2B payments

27 Sep 24 @ 09:56

As the digital economy expands, the demand for more secure and seamless payment solutions is intensifying, particularly in the business-to-business (B2B) sector. While biometric authentication has already gained popularity in... read more

Visa bolsters financial crime ability with Featurespace acquisition

27 Sep 24 @ 09:10

Visa has announced it has signed a definitive agreement to acquire Featurespace, a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial... read more

Klarna and Adyen team on BNPL in physical stores

26 Sep 24 @ 15:55

Klarna has announced a major partnership with Adyen, aimed at bringing Klarna’s BNPL instalment payment options to physical retail locations. The collaboration marks a significant step for Klarna as it... read more

In-car payment market set to exceed $580 billion by 2030

26 Sep 24 @ 10:46

As vehicles evolve from simple modes of transportation to fully connected, intelligent platforms, the potential for in-car payments is rapidly gaining traction. By 2030, the in-car payment market is forecasted... read more

Using AI-enabled analytics to thwart AI-enabled fraudsters

26 Sep 24 @ 09:00

A new white paper from Visa, Using AI to Secure the Future of Payments, highlights the changing characteristics of the fraud landscape, and what payment businesses need to do to... read more

Ericsson and INFORM to strengthen financial services security

26 Sep 24 @ 08:47

Ericsson and INFORM, a provider of Anti-Money Laundering (AML) and Fraud Management Solutions (FMS), are collaborating to explore ways of enhancing financial services security. By combining Ericsson expertise with INFORM’s... read more

MoneyGram hit by cyberattack

25 Sep 24 @ 12:34

MoneyGram International, one of the world’s largest money transfer companies, has confirmed that it suffered a cyberattack that has disrupted its services since September 22. The company has been grappling... 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